Decentralized finance is a form of blockchain-based finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to provide traditional financial instruments, instead of relying on smart contracts on blockchains, the most common of which being Ethereum.
A few years ago, talking about putting real estate or government bonds on the blockchain felt like wishful thinking. DeFi was mostly focused on digital assets like crypto tokens, while traditional finance stuck to its usual ways — slow processes, middlemen, and systems that hadn’t changed in decades. But things ...
As the crypto space evolves, many DAOs are now managing millions of dollars in treasury funds and community-led initiatives. These funds are used for things like paying contributors, funding projects, giving out grants, and investing in other protocols. But with so many people involved, making sure everyone agrees on how ...
The world of cryptocurrency and decentralized finance (DeFi) stands at a pivotal crossroads where politics, finance, and technology converge with profound implications. Far from being a purely technological innovation, this evolving ecosystem is deeply entangled with geopolitical strategies, regulatory ambitions, and institutional interests that challenge the foundational ideals of decentralization ...
PicPay has reinstated its cryptocurrency trading services, reflecting the nation’s growing embrace of digital money and blockchain technology. This move comes as the company seeks to expand its digital asset offerings amid soaring interest in cryptocurrencies across Brazil. Source: RioTimes PicPay, with a user base now exceeding 65 million, originally ...
The DeFi space is no stranger to big ideas and bold promises, but with numerous new concepts emerging, it's challenging to determine which ones will stand the test of time. One of the most intriguing innovations to come out of DeFi is tokenized yield, an approach that promises to revolutionize ...
BTC Digital Ltd. (NASDAQ: BTCT), a publicly traded blockchain infrastructure firm, has officially launched a $1 million Ethereum (ETH) strategic reserve, marking a pivotal shift in its evolution from a crypto mining company to a key player in decentralized finance (DeFi). This strategic move highlights BTCT’s growing conviction in Ethereum’s ...
Russians currently hold over $25.4 billion worth of cryptocurrencies, reflecting a significant surge driven by rising institutional investments. This growth highlights the expanding role of crypto assets within Russia’s financial landscape despite regulatory uncertainties. Russians’ Crypto Holdings Top $25.4 Billion Amid Surging Institutional Investment https://t.co/pLGEwx7AB4 — Cryptocurrency (@cryptocurrency) June 24, ...
Veda, a rapidly expanding infrastructure provider in the DeFi sector, has secured $18 million in a funding round led by CoinFund. The round attracted participation from major players, including Coinbase Ventures, GSR, BitGo, and Animoca Ventures, alongside prominent angel investors such as Anchorage CEO Nathan McCauley and Polygon Co-founder Sandeep ...
Blockdaemon has launched Earn Stack, a new product designed to help institutional clients offer secure, compliant staking and DeFi services. The rollout comes as regulatory scrutiny on staking intensifies, prompting financial institutions to seek reliable, non-custodial solutions. Earn Stack combines access to staking services across more than 50 proof-of-stake (PoS) ...
Ethereum co-founder and Consensys CEO Joseph Lubin has predicted that Wall Street is on the brink of fully embracing decentralized finance (DeFi) and crypto. In a post shared on X (formerly Twitter), Lubin cited the accelerating momentum behind digital asset treasury strategies as a clear signal that traditional finance is ...
