DeFi Deep Dive — Covalent, Blockchain Data Unifier

One of the problems facing Web 3.0 is the unification of scattered decentralized networks. Covalent is addressing this issue. It gives developers access to smart contract data to survey the entire blockchain ecosystem. Sponsored Sponsored Covalent makes it easier for investors to glean insights and performance of digital assets. This is done through its unified … Read more

DeFi Must Avoid Repeating the Wealth Gap Found in Traditional Finance

Decentralized Finance (DeFi) is providing promises to improve upon traditional finance. However, the complexity is still a barrier to entry for many. Sponsored Sponsored To this day, people approach savings by putting money away in a savings account. Some even hide theirs under the bed or in the garden. For many, the stock market represents … Read more

DeFi Total Value Locked Reaches Milestone High of $200B

The total value locked (TVL) across all decentralized finance (DeFi) platforms has tapped a record high this week as crypto markets continue to build on previous gains. The total amount of collateral locked in DeFi has tapped $200 billion according to analytics platform DeFi Llama. Sponsored Sponsored The milestone was also noted by Chinese blockchain … Read more

The Simplification of DeFi Products Will Cement It as the Future of Finance

We live in a world where it has become impossible for humans to live without technology. Ironically only a few know how it works.  Sponsored Sponsored When people needed to know the nuts and bolts of tech, it had far fewer users with limited use cases. However, that’s not the case today. More often than … Read more

Synthetify DeFi Platform Halts Activity, Says Funds Are Safe

The new Synthetify DeFi Platform halted all activity shortly after its public debut because of faulty price data.  Sponsored Sponsored Solana-based asset exchange Synthetify announced via Twitter a platform wide halt on activities. The platform cited misinformation on TWAP price data, which it sources from the Pyth Network. Moreover, the company confirmed the safe storage … Read more

In the Eye of the Institution: How DeFi Summer Gave Rise to Liquid Staking

The staking industry continues to set new benchmarks in growth. Last month, Ethereum 2.0 highlighted the potential that investors see in this passive income area. Sponsored Sponsored The smart contracts platform reached over $21 billion staked on its deposit contract. There are also now 215,000 validators for the Eth2 network. Eth2 staking has clearly captured … Read more

Andre Cronje Announced New NFT Marketplace

Coder and DeFi developer Andre Cronje launched a beta version of a new NFT marketplace on the Fantom network.  Sponsored Sponsored The decentralized network Fantom welcomed its newest ecosystem addition. In a blog post on September 24th, the network announced the beta version of its new NFT marketplace, Artion. According to the post, Artion touts … Read more

It’s Important for DeFi to Know About Catastrophic Risk

When it comes to risk coverage in insurance, ensuring that you’ve chosen the right solution is crucial. Risk can vary in type and extent, which makes finding an appropriate one difficult. Sponsored Sponsored It’s essential to understand what kinds of risks are covered before moving forward with any plans or solutions. After all, what’s the … Read more

Regulatory Progress Is A Sign Of Crypto Market Maturity

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 to Undergo Hearing in Texas Due to Unregulated Securities

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