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...
On-chain data shows that Inverse Finance, an Ethereum-based DeFi protocol, was hacked for more than $1.2 million in cryptocurrencies on June 16th. The exploiters committed the atrocity by using a flash loan attack to fool the protocol and steal...
DeFi is a rapidly growing blockchain sector with enormous potential. Decentralization technologies have the potential to totally transform the financial system, making it safer, more open, and less expensive for end-users. Every year, more and more people learn about...
Decentralized Finance (DeFi) is a sector in the crypto space dedicated to decentralized financial services. It includes a variety of financial services that anyone can access. These services differ from centralized financial services in that they are managed by...
The Ethereum 'Merge,' one of the most significant technological changes to the blockchain since its inception in 2015, could be one of the few catalysts that could provide a much-needed boost to DeFi. DeFi (decentralized finance) investors are...
Decentralized Finance (DeFi) is an important aspect of blockchain technology, as it offers both regular and new financial instruments that possess the element of decentralization. As the DeFi space grows, more financial options are emerging, such as yield farming,...
Uniswap (UNI), Chainlink (LINK), Sushiswap (SUSHI), and 1inch Network (1inch) are among the decentralized finance cryptocurrencies that have had significant price drops in the last 48 hours. According to data from CoinMarketCap, UNI (the native currency of the renowned...
High-risk assets such as crypto and equities have been experiencing a downtrend throughout 2022 due to weak macroeconomic conditions exacerbated by Russia's invasion of Ukraine in February. DeFi tokens, however, have been hit harder than the rest of the...
As we keep up with technological advancements, we often find ourselves in a dilemma about how they affect our daily lives. Due to globalization and innovation, many individuals are now concerned about the future of their professions, and their...
