Xapo Bank has introduced a new financial product allowing its UK customers to earn daily interest on their Bitcoin deposits. The interest will be paid in Satoshis, the smallest unit of Bitcoin, with variable rates applicable to balances up...
The future of modern finance is already here — Decentralized Finance (DeFi) and DeFi wallets are the passports to this new financial paradigm. They allow investors to easily and safely manage digital assets and interact with various DeFi protocols,...
Web3 trading platform Orderly Network has launched its X Cryptocurrency Trading Championship, featuring a substantial prize pool of $175,000 in USDC. The championship is structured as a four-week event, consisting of four distinct week-long ranking sessions. Participants' trading performances...
Bitget Wallet, the primary soft wallet platform for Bitget exchange, has partnered with virtual asset investment firm Foresight X to invest in Tomarket, a new crypto trading platform. The joint venture, announced on June 28, 2024, aims to tap...
Decentralized finance continues to push the boundaries of innovation, and at the forefront of this revolution is Summer.fi. In this discussion, we sit down with Chris Bradbury, the driving force behind Summer.fi. From his unique career trajectory to the...
DeFi lending protocol Aave developer Aave Labs has revealed its ambitious roadmap for the protocol's future evolution. The firm published a proposal on May 1 2024 that outlines plans to upgrade the protocol to its next-generation version 4, with...
DeFi has thrived on certain blockchains, such as Ethereum and Solana, but not on Bitcoin, primarily due to Bitcoin's limited support for complex smart contracts. The Taproot Upgrade in November 2021 was a concerted effort to demonstrate that...
The DeFi sector is rapidly growing, and there are many developments happening at the same time. As a result, it can be challenging to stay informed and keep up with the latest happenings in the space. This makes it...
A beginner in the DeFi space will likely get overwhelmed by the many concepts and terms they must understand to effectively navigate the sector. This learning process is further complicated by the rapid pace of innovation in the sector;...
DeFi (Decentralized Finance) is all about allowing more people to participate in the financial system. It achieves this by harnessing the security, immutability, and transparency of blockchain technology. It offers benefits such as reduced transaction costs, speedy resolution of...
