Decentralized borrowing and lending are important aspects of decentralized finance (DeFi). In DeFi borrowing and lending, Users can borrow crypto loans and then pay back the interest and principal after the specified period. Crypto lending is a service that...
Decentralized Finance (DeFi) is a burgeoning, revolutionary, and brilliant application of blockchain technology in the finance industry. DeFi, as its name implies, is a financial system lacking the centralization element prevalent in traditional finance (TradFi) organizations. DeFi is a...
Decentralized Finance (DeFi) is a cutting-edge, blockchain-based finance that does not depend on centralized financial intermediaries (such as exchanges or banks) but uses smart contracts built on blockchains. DeFi differs from traditional financial services in that a transaction can...
Decentralized Finance can take many forms, such as decentralized lending, decentralized exchanges, decentralized insurance, etc. DeFi insurance is the process of obtaining insurance coverage against losses in the decentralized finance space for oneself or a DeFi protocol. As a...
The widespread adoption of blockchain technology over the last ten years has allowed thousands of fascinating projects to succeed. These projects involve a diverse range of industries and individuals, and as technology advances, more blockchain-based enterprises are likely to...
Earning a passive income and gaining financial flexibility are just a couple of the benefits of using a lending protocol. But, before you begin, a few hesitations might enter your mind. Like, how do you judge a protocol's security?...
Blockchain data reveals that Nirvana Finance, a Solana-based yield protocol, was hacked for $3.5 million using flash loans to manipulate and deplete its liquidity pools. The price of the protocol’s native token, ANA, has declined by over 80% in...
Investment decisions should always be supported by extensive research. Before investing your hard-earned money in any asset, you should consider all available indicators. Price-to-earnings ratios, historical returns, and chart patterns are some metrics you can use to understand an...
The troubled cryptocurrency lending company, Celsius, has paid off its final significant debt. Data from Etherscan shows that Celsius returned $50 million to decentralized finance (DeFi) lending platform Compound in the form of DAI, MakerDAO's stablecoin tied to the...
The UK government is seeking public opinion on how to tax loans and staking for crypto assets in the context of decentralized finance (DeFi). The government is particularly keen on learning more about the taxes on crypto-asset loans and...
