Promise and Problems of the DeFi Oracle — When Data Fails

Decentralized Finance (DeFi) has had a meteoric rise over the last year. This spectrum of protocols and projects all hinges on the ability of code to replace trust. However, what happens when the data fails? Sponsored Sponsored In the world of traditional finance, we typically rely on the banking system as an intermediary to execute … 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

‘Tokens That Provide True Underlying Value Will Stand the Test of Time,’ Says Axia CEO

BeinCrypto spoke to Nick Agar, Founder of AXIA, about hyper-deflationary assets and their value to projects and the cryptocurrency space. Sponsored Sponsored AXIA Coin is a hyper-deflationary asset-supported currency. It aims to provide easier access to financial assets for people across socioeconomic and global divides. Unlike some other cryptocurrencies, Agar set out to create a … 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

DeFi Deep Dive — Gnosis, Building New Market Mechanisms for DeFi

Decentralized Finance (DeFi) focuses on righting the wrongs found in traditional finance. Gnosis is one of these trustless DeFi vanguards, delivering a comprehensive approach to Finance 2.0. Sponsored Sponsored In this DeFi Deep Dive, we will delve into the details to explain Gnosis, its various projects, and how it is contributing to this new financial landscape. What … 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