Decentralized Finance

Welcome to the Decentralized Finance (DeFi) Category, your gateway to the exciting and transformative world of decentralized finance. Here, we explore the cutting-edge innovations, platforms, and concepts that are reshaping traditional financial systems and empowering individuals with unprecedented control over their financial assets.

In this category, we dive deep into the principles of DeFi, where traditional financial services such as lending, borrowing, trading, and yield farming are being reinvented on blockchain networks. Discover a wealth of information about decentralized lending protocols, liquidity pools, decentralized exchanges (DEXs), and other groundbreaking DeFi applications that eliminate intermediaries and foster peer-to-peer interactions.

Stay up-to-date with the latest developments in the DeFi ecosystem, including new projects, partnerships, governance models, and security considerations. Our expert analysis provides insights into the potential risks and rewards associated with participating in DeFi, as well as guidance on how to navigate this dynamic landscape.

Explore educational content that breaks down complex DeFi concepts, from automated market makers (AMMs) to stablecoins and flash loans, ensuring that both newcomers and seasoned enthusiasts can grasp the intricacies of this rapidly evolving sector.

Join us on a journey to understand how DeFi is democratizing access to financial services, enabling financial inclusion on a global scale, and challenging traditional financial institutions. Whether you’re an investor looking to diversify your portfolio, a developer interested in building on decentralized platforms, or simply intrigued by the future of finance, our DeFi Category offers valuable insights and resources to keep you informed and engaged.

4 Lessons Learned from the Sunset of Tranquil Finance and Mimas Finance: The Unpredictable Landscape of DeFi

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Tranquil Finance

Introduction Decentralized Finance (DeFi) has been hailed as a game-changer in the world of cryptocurrencies. It promised financial inclusivity, transparency, and innovation like never before. However, the recent closure of two prominent DeFi projects, Mimas Finance and Tranquil Finance, has shed light on the unpredictable nature of this industry. In this article, we will delve … Read more

My Journey with Mimas Tokens, #1 Lesson From Navigating the Volatility of DeFi

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My Journey with Mimas Tokens: Navigating the Volatility of DeFi

*Disclaimer: The following article recounts a personal experience in the crypto space and is intended for informational purposes only. Cryptocurrency investments come with risks, and readers are encouraged to conduct their own research and seek professional advice.* — Introduction They say that the crypto space can be a wild ride, and my journey with Mimas … Read more

Urgent News Update Mimas Finance & Tranquil Shutting down DeFi services by October 31, 2023

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Mimas Finance Shutting down 31 October 2023

Mimas Finance & Tranquil Shutting down DeFi services by October 31, 2023 In a shocking turn of events, Mimas Finance and Tranquil Finance have announced the closure of their DeFi services, sending shockwaves throughout the cryptocurrency community. The announcement, made on their official channels, comes as a result of careful consideration and a desire to … Read more

Friend.tech Resurgence Drives Base to Record Daily Transaction Peak

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Friend.tech Resurgence Drives Base to Record Daily Transaction Peak

Base, the Coinbase-incubated Ethereum layer 2 (L2) network, has experienced significant growth and adoption since its public launch just a month ago. Along with this growth, the number of users and protocols on the platform has also expanded significantly. In a remarkable display of this rapid growth, Base recently achieved its highest number of daily … Read more

Coinbase’s (COIN) Daily Transactions Reach All-Time High, Surpassing Rivals Arbitrum (ARB) and Optimism (OP)

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Coinbase’s (COIN) Daily Transactions Reach All-Time High, Surpassing Rivals Arbitrum (ARB) and Optimism (OP)

Base Protocol, a decentralized stablecoin project, has experienced a surge in activity lately. However, the driving force behind this increase is not decentralized finance (DeFi) applications or non-fungible token (NFT) marketplaces as one might expect. Instead, a new social application called FriendTech is responsible for a significant portion of this rise in Base’s usage. The … Read more

Curve (CRV) Trading Volume Drops by 97% Over 2-Month Period

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Curve (CRV) Trading Volume Drops by 97% Over 2-Month Period

Trading volumes associated with CRV, the governance token of Curve, a stablecoin decentralized exchange (DEX), is down 97% barely two months after it was hacked in late July 2023. This significant decline in trading volume has been observed on centralized exchanges, particularly on Binance, where the token is actively traded. According to Kaiko, CRV’s trading … Read more

Years-old Bitcoin Drivechain proposal sparks renewed debate

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Years-old Bitcoin Drivechain proposal sparks renewed debate

A debate has resurfaced among Bitcoin enthusiasts regarding a six-year-old Bitcoin Improvement Proposal (BIP) that suggests the addition of “sidechains” to the Bitcoin network. While some individuals believe that this proposal could lead to an increase in scams on the Bitcoin network, others argue that it would attract new users to the cryptocurrency. However, a … Read more

Report: 25% of Investment Firms Assign Senior Executives to Digital Assets

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Report: 25% of Investment Firms Assign Senior Executives to Digital Assets

According to a recent report by market intelligence firm Amberdata, investment firms in the United States, the United Kingdom, and Europe are increasingly appointing senior executives to lead digital asset investment strategies. The report, titled “Digital Assets: Managers’ Data Infrastructure Fuel,” reveals that 24% of asset management firms have already adopted a digital assets strategy, … Read more