What Is DeFi?
Decentralized Finance (DeFi) is a type of cryptocurrency-based financial service that enables the development of exchanges, lending platforms, insurance companies, and other services without the need for centralized management. Similar to bitcoins, DeFi eliminates the requirement for a centralized body. DeFi was undoubtedly one of the most popular terms in the cryptosphere. At one point, […]
Web 3.0 and Metaverse: Shaping the Crypto and Blockchain Revolution
The metaverse and Web 3.0 movement is booming, reinventing how people interact with the digital realm. The incorporation of blockchain technology and Web 3.0 in the development of the metaverse promises user-centric, transparent, and democratic platforms shy from corporate control. The metaverse, for instance, presents several possibilities that several Silicon Valley firms and CEOs have […]
Cardano and Solana Creating Innovative Paths for NFT “Explosive” Growth
The association of “digital ownership” to virtually anything is experiencing a hike in adoption as the exploding tokenization of securities and valuables happens each day. Although the concept and existence of non-fungible tokens (NFTs) have been in place, they didn’t gain popularity until last year. The Q3 of 2021 came with more than $10,000,000,000 NFT […]
Venture Capital vs. Decentralization: How Venture Capital Should Evolve for Adoption
This year alone, we witnessed a genuine spike in the adoption of crypto-based systems across different industries. These kinds of systems include decentralized applications (DApp), decentralized finance (DeFi), non-fungible tokens (NFTs), which include digital arts, and crypto-based gaming. Likewise, we saw that cryptocurrencies become investment tools and consumers use them as a payment option. Another […]
Is Crypto a ‘common good’ for the next generation?
Blockchain networks are supportive of principles that allow permissionless usage and open access. The technology has worked to shy away from political influence and regulation that may undermine the idea of independence and democracy. However, the governance and accountability of decentralized finance networks have always been questioned. In addition, the answer has always been that […]
Regulatory Framework Impacts on DeFi Adoption
Decentralized finance (DeFi) is scaling up to become one of the most relevant sectors in the blockchain industry. This explosive growth makes DeFi witness a five-time increase in the total asset value locked in different DeFi platforms. It increased from $21,000,000,000 to $100,000,000,000 in a space of two years. Despite financial opportunities—such as DeFi’s lending […]
Bitcoin sets new ATH; Triggers Pimco to consider trading cryptos
Bitcoin (BTC), the largest crypto by market capitalization, has surged to new heights after the ProShares Bitcoin Strategy ETF listed on the New York Stock Exchange (NYSE). The digital asset opened this week changing hands at $61,548.80 and surged to revisit the $64,000 level on October 19, the day of the ETF’s listing. The ETF, […]
NFTb Gaming: A DeFi and NFT Platform Revolutionizing In-game Assets Value Recognition
Despite the growth of NFT in recent months, game creators are facing difficulties in launching new projects in the marketplace. This is due to the absence of interoperability in the industry. Recognizing this, NFTb—a multi-chain NFT and DeFi platform—is creating the first cross-chain project to eliminate this barrier and allow game creators to launch a […]
18% DeFi Growth amidst New Blockchain and NFTs Disrupting the Space
As the crypto market experienced a quick recovery and NFT popularity is causing a booming market, the DeFi market is growing up to 18% this month. This DeFi market popularity reflects users’ understanding that smart contracts can replace the traditional loan system. This is observed from the adoption revelation happening with the private investors. They […]
How CBDCs and DeFi Will Reshape the Future of Money by 2030
The collaboration of central bank digital currencies (CBDCs) and decentralized finance (DeFi) will ensure that money is available in the global market without restrictions. The percentage of unbanked individuals will reduce because there are no age or race restrictions on obtaining and using digital currencies. DeFi is becoming the tool to take away financial power […]
Infrastructure Bill: Crypto Community Raises its Effects on DeFi
The growing concern of the infrastructure bill on DeFi is obvious, but the crypto community is worried about its impacts on its space. These worries became burning questions during an “Ask Me Anything” session hosted by Enterprise Ethereum Alliance on Sept. 29. Ryan Selkis (CEO and co-founder of Messari) revealed that the regulatory language aims […]
DeFi vs. Regulation: How Regulation Can Rip DeFi of Its Value
DeFi is making financial inclusion easier by each day. But there is a growing need to conduct this financial service in a regulated environment. This regulatory measure is to provide security for both the users and the exchange developers. But the values of DeFi can rip off due to regulation. Has Peer-to-Peer Helped? The existence […]
