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...
The emergence of decentralized finance (DeFi) exchanges in recent years has revolutionized the financial landscape. While traditional financial institutions grapple with a series of challenges, startups are increasingly turning to DeFi exchanges as a wellspring of innovation and opportunity....
If you're into cryptocurrencies, one of the first things you likely did when you joined the space was set up a wallet. These wallets, especially non-custodial types, are like personal vaults for crypto assets that can only be accessed...
Aave has successfully launched GHO, an algorithmic stablecoin pegged to the US dollar, on the Ethereum mainnet. The launch follows a positive response from its community of users on its proposal for developing the token. Let's GHO! Congrats to...
DeFi Planet is excited to announce its media partnership with Tezoro, a remarkably innovative non-custodial service designed to eliminate the risk of permanently losing access to stored crypto assets. Typically, investors secure their tokens in digital wallets using cryptography...
Rodeo Finance, a DeFi protocol, has suffered an exploit that resulted in a loss of $888,000 from its coffers. The attacker took advantage of a programming flaw in the protocol's Oracle, manipulated an asset's price, and stole more than...
The Association for Financial Markets in Europe (AFME) has urged regulators to avoid excluding decentralized finance (DeFi) rules from the newly adopted Markets in Crypto-Assets (MiCA) regulatory framework. The AFME recently published a study titled "Decentralised Finance - Principles...
Since the emergence of Bitcoin in 2008, the blockchain industry has undergone significant changes that have transformed the entire ecosystem and financial markets. One such trend that has emerged is decentralized finance, or DeFi. DeFi represents a pivotal moment...
Platypus Finance, a DeFi protocol, has announced the creation of a portal that enables its customers to verify the amount owed to them by the platform following the $9.1 million hack of the protocol. On February 16, the DeFi...
Investing in financial markets, whether it be stocks, forex, or cryptocurrency, requires a deep understanding of market trends and analysis. Despite the growing interest and adoption of cryptocurrency, statistics show that only a tiny percentage of the global population,...
