Over the course of just a couple of years, decentralized finance leapfrogged the products and regulatory frameworks that took decades to put in place. Sponsored Sponsored The fact that users can interact with financial products on the smart contract level, and essentially build programmable money as opposed to products, is empowering and disruptive. Not unlike … Read more
Celsius has been brought to book for allegedly offering unregistered securities to residents of the state of Texas, and is expected to offer reasons why it should be allowed to continue offering its products in the state. Sponsored Sponsored Celsius securities debacle Celsius, crypto lender and major player in the DeFi space, has come under … Read more
BeinCrypto spoke to Max, a core member of Liquidify, the world’s first liquidity accelerator for long-tail crypto assets. He explains his journey into crypto and how Liquidify was created. Sponsored Sponsored Max is Liquidify’s Marketing Team Lead, who has been in the cryptocurrency game for about four years. His origin story is unique, and about … Read more
Take a minute to visualize this: You want to start a crowdfunding platform with a group of like-minded netizens that allows members to raise funds and vote on the businesses worth supporting. Sponsored Sponsored However, you’re also concerned that these are anonymous individuals. That they may or may not be bad actors looking to use … Read more
All investments in cryptocurrency market entities come with a high degree of security risk. Accordingly, there is also a high probability of making considerable profits. Sponsored Sponsored For example, the EOS token price hovered around $0.30 on the first day of its public sale. A few days later, it traded at $8. This is a … Read more
In the middle of August, the crypto community experienced a record-breaker. Though not quite the type most are used to seeing. Sponsored Sponsored On August 10, interoperability provider Poly Network was severely compromised, having more than $600 million of its funds temporarily stolen. This effectively resurfaced well-founded safety concerns about the current state of DeFi … Read more
Throughout 2020 and for the better part of 2021, the decentralized finance (Defi) boom was pretty much fueled by an explosive uptake of automated market-making (AMM) protocols. Sponsored Sponsored AMM platforms such as Uniswap and SushiSwap were going head to head in a war for liquidity. At the same time, tales of some crypto traders … Read more
Crypto is growing at an unprecedented rate. This year it reached a market value of $2 trillion. Decentralized finance (DeFi) has grown into one of the most prominent ecosystems in the digital currency space. Sponsored Sponsored Currently, DeFi has a total value locked (TVL) of $142 billion. Lots of projects in DeFi have amassed billions … Read more
Decentralized finance (DeFi) lending platform CREAM Finance addressed the recent exploit it experienced, providing a ‘postmortem’ in a recent blog post. Sponsored Sponsored First, CREAM assured its community and partners that it had stopped the exploit. The lending platform also added that it was working with authorities to trace the attacker and had created a … Read more
SEC Chairman, Gary Gensler, calls out ‘DeFi’ projects in the crypto space, saying they aren’t exempt from regulations. Sponsored Sponsored DeFi services are the talk of the town in the crypto space. The lack of a middle man to impose rules and fees prompts many to look into DeFi exchanges. At the moment these types … Read more