DeFi

At the moment, there are numerous crypto projects offering a variety of features and services. Some are altering reality by creating a metaverse filled with activities that may have been impossible in the real world, others are injecting innovation...

Decentralized Finance (DeFi), a blockchain-based form of finance that does not rely on a central authority, is rapidly evolving since it came into existence in 2018. From the development of tokens, both fungible and non-fungible, to the building of...

Over the last few years, the DeFi or decentralized finance ecosystem has seen a meteoric rise. Currently, there’s over $90 Billion in Total Valued Locked (TVL) across different DeFi protocols, and the space continues to grow at a tremendous...

Introduction SushiSwap, a popular decentralized exchange (DEX) built on the Ethereum blockchain was launched in August 2020. The story of its launch is quite controversial, and the event is seen as one of the most polarizing incidents to ever...

Away from the price action of Bitcoin, Ethereum, and altcoins, there is something quite extraordinary happening in the world of crypto, and that is, DeFi or Decentralized Finance. This article will talk about what DeFi is all about, how...

Introduction For financial institutions that issue fixed-value liabilities that are backed by assets whose value is unknown, bank runs are a common phenomenon.  Recently, Iron Finance, a DeFi protocol, suffered a similar collapse in its infrastructure that saw the...

For decades, humans have been starved for options when it comes to availing of financial services. With DeFi, this comes to an end. While DeFi doesn’t remove the existing system, it offers users of financial services an improved and...

The largest hack in the history of DeFi has hit cross-chain protocol Poly Network, a development that has seen the firm lose $612 million in multiple cryptocurrencies. “We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum...

NFTs have taken the digital art and collectibles niche by storm. While the first-ever NFT, Quantum was created by Kevin McCoy on May 3, 2014, it was only in 2020 that NFTs caught mainstream attention. In 2020 and 2021,...

Introduction The DeFi space has grown immensely in the past few years. The growth of DeFi has led to the launch of many DeFi protocols offering different financial services like lending/borrowing, derivatives, and payments.  While lending platforms like Maker...