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...
TRON has surpassed Terra as the third-largest blockchain in terms of total value in its DeFi protocols. This happened less than a month after TRON launched USDD, an algorithmic stablecoin that works similarly to Terra's now-defunct UST. TRON's DeFi...
Decentralized Finance is redefining the concept of loans by allowing access to a variety of loans. Overcollateralized loans and flash loans are the two main types of DeFi loans. Overcollateralized loan providers anticipate that users will submit collateral worth...
In recent times, the decentralized finance (DeFi) space has witnessed remarkable growth, achieving its intended objective of improving financial inclusion and operational efficiency. DeFi provides many opportunities for participants in the space to earn returns on their investments. Common...
Decentralized Finance, better known as DeFi, is an emerging FinTech area that brings cryptocurrency's blockchain or decentralized distributed ledger technology to banking and other financial services. It eliminates the need for intermediaries in cross-border transactions and, by extension, finance,...
Crypto lending is an element of the crypto ecosystem that allows individuals to borrow and lend cryptocurrencies. Crypto enthusiasts can borrow and lend cryptocurrency for various purposes and incentives, much like in the traditional finance space. Let's assume a...
Different blockchains exist, and the development in this space has increased the need for unique chains with varying consensus mechanisms and operations to communicate with one another. Gone are the days when blockchains were restricted and didn't need inter-communication...
DeFi, or decentralized finance, enables individuals, merchants, and corporations to conduct financial transactions without intermediaries. This is accomplished through the use of peer-to-peer financial networks, which employ security protocols, connection, software and hardware enhancements, and so on. Unlike typical...
