Since its inception, DeFi seemed to have a Midas touch. Growth was explosive, and innovations were constantly popping up. The competition wasn’t on if projects would come up but on the ones that would break the $100 million mark first. However, a recent bearish market has put a halt to the good times. At $111.88 […]
The new version of the Terra network announced by its co-founder Do Kwon will most likely go live as most validators and users within the ecosystem are voting in favor of it, but thanks to the decentralized nature of the cryptocurrency industry, some DeFi platforms might disagree with the vision of Terra’s founder. According to the official […]
In the two weeks since Terra’s U.S. dollar-pegged stablecoin terraUSD (UST) lost its peg, causing massive investor losses, billions of dollars have been taken out of the ecosystem. Data from trackers show funds held in decentralized finance (DeFi) applications built on Terra have slumped to $155 million in locked value as of Friday morning, a […]
Multichan decentralized finance (DeFi) protocol iZUMI Finance has raised $30 million through the sale of bond vouchers and claims on its iZUMi Bond USD (iUSD), the firm said Friday. Singapore-based iZUMi Finance offers liquidity services, or the conversion of one asset into either cash or another asset. The protocol is deployed on the Ethereum, BNB […]
La accesibilidad es un punto doloroso para la adopción de criptomonedas que se ha discutido durante años, pero aún así, es tan pertinente como siempre. Este problema fue reconocido recientemente por el gobierno de los Estados Unidos, como hemos visto discutir a la Secretaria del Tesoro, Janet Yellen, durante sus comentarios sobre la política y […]