Unpacking The DeFi Token Universe — A Brief Explainer

Decentralized Finance (DeFi) has continued its boom since the start of DeFi Summer 2020. However, for those new to the space, even the basic concept of DeFi tokens can quickly become complicated.  Sponsored Sponsored Most people arrive at the world of cryptocurrencies through bitcoin, or at least they used to. With the growth of NFTs … Read more

Battle for Preeminence in Investment — DeFi Is Upsetting the Status Quo

The world of investment is changing, and the balance is tipping in favor of smaller investors. Look around, and you will see that the entire cosmos of the finance capital remains an elite sport. This is because the current model is based on big investors getting big wins.  Sponsored Sponsored On the other hand, the … Read more

Building Web 3 for Everyone — Marginalized Communities Are Defining Their Space in the Metaverse

The core of cryptocurrency is financial freedom and independence. The larger crypto space has also become a place where marginalized communities have empowered themselves, both socially and financially. Sponsored Sponsored Research from the United States shows that minority communities invest more in cryptocurrencies than their majority, white counterparts. A poll published by USA Today conducted … Read more

‘DeFi Doesn’t Protect the Individual, It Protects the System,’ Says Eden Block Founder

BeinCrypto spoke to Lior Messika, Founder of the Venture Capital Fund Eden Block. He discusses Decentralized Finance (DeFi), its current hype, and the importance of responsibility in financial freedom. Sponsored Sponsored There is no doubt that DeFi is booming. This is in no small part thanks to the funding flowing into the large variety of … Read more

Decentralized Finance Is Risky, But Not As Risky As You Think

I recently dipped into Tesla’s financials. Not because I’m considering an investment in the electric car pioneer. Instead — I’m intrigued as to how Elon Musk’s bitcoin gamble is paying off. Sponsored Sponsored He dropped $1.5 billion into the cryptocurrency in February 2021. While Tesla still holds most of the purchase on its balance sheet, … Read more

Derivative Assets Are Opening Up a New World of Investment in DeFi

Decentralized finance (DeFi) is one of the most dynamic sectors of the global economy to date and its growing with increased interest in various derivative assets. Sponsored Sponsored According to analytical agency Messari, trading volumes on decentralized exchanges (DEXs) in the second quarter of 2021 have shown a 117 times increase. This is in comparison … Read more

Tackling the Exposure Problem in DeFi With Cono Finance

BeinCrypto spoke to Luis Shliesske from Gelato and Marc Zeller from AAVE about their joint project, Cono Finance. They discuss how it helps protect user debt positions and how automation brings a better user experience to DeFi. Sponsored Sponsored Decentralized Finance (DeFi) isn’t always the safest bet for those participating in it. One area that … Read more

India’s 13-Year-Old Coder Raises $300,000 for New DeFi Project

Indian teenager Gajesh Naik made headlines earlier this year when he built Gaj Finance, a multichain decentralized finance (defi) protocol, which currently manages some $1.2 million in crypto of user funds. Sponsored Sponsored Now the 13-year-old high school student has raised $300,000 in pre-seed funding for his latest DeFi project called Taksh. Built on Avalanche, … Read more

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

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