DeFi

If you’re like me, you always have a problem wrapping your head around a cryptocurrency exchange. The first mantra of the crypto community is decentralization. Down with the establishment man! Decentralization leads to freedom from large institutions! Yet the exact function of an exchange is...

After the introduction of an app experience in January, WonderFi Technologies Inc (NEO: WNDR) is launching WonderFi Interactive and acquiring Sun Machine Entertainment. Sun Machine was founded by Wil Mozell, who has been building studios and game franchises for nearly three decades. He oversaw the...

Wall Street banking giant Morgan Stanley (NYSE: MS) believes the market for Ethereum (CRYPTO: ETH) could be even bigger than Bitcoin (CRYPTO: BTC). What Happened: In a 20-page report seen by Barron's, Morgan Stanley wealth management outlined how Ethereum is worth considering as a sound stand-...

By Diane Dai, DODO co-founder. Without community-governed stablecoins, DeFi can’t achieve its goals of a more decentralized, community-centric financial system.  Since decentralized finance, or DeFi, emerged several years ago, its creators have been steadily delivering on their promises...

Cathie Wood-led Ark Investment Management says that the market capitalization of Ethereum (CRYPTO: ETH) could exceed $20 trillion in the next ten years. What Happened: In a research report titled “Big Ideas 2022,” ARK analyst Frank Downing and research associate Nishita Jain noted...

Fresh after acquiring First Ledger Corporation, the parent of Bitbuy Technologies, WonderFi Technologies Inc (NEO: WNDR) launched its desktop application Tuesday. Breaking Barriers: WonderFi is an end-to-end consumer platform for those seeking exposure to cryptocurrency and the emerging...

Ethereum (CRYPTO: ETH) was trading about 2% higher on Friday in a continued bounce of relief since plummeting almost 24% lower between Jan. 5 and Jan. 12 when the crypto hit a low of $2,928.69. The cryptocurrency sector has been in a long-term downtrend since Nov. 10 when Ethereum and Bitcoin...

Cardano (CRYPTO: ADA) traded 6.15% higher at $1.29 over 24 hours leading up to early Thursday morning. What’s Moving? The Ethereum (CRYPTO: ETH)-rival has increased 4.8% over a seven-day period.  Against ETH, ADA has gained 2.8% over 24 hours, while against Bitcoin (CRYPTO: BTC), it...

The Best Daily Overview Of The Crypto Space On today's episode of Crypto Breakdown, Benzinga's Blockchain Editor Joe Dewitt looks at the price analysis for Bitcoin, Dogecoin, Fantom and more. Listen to the full episode here: Follow Benzinga Cryptocurrency On Social Media Twitter...

As investors look to close the books on 2021, two questions to ask are, "What will 2022 look like in the DeFi and TradFi economies, and what can we do to prepare for it?" One way to do that is by looking back on the year to see what direction it is headed, and what companies are...

Even as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) dropped 8.2% and 9.7%, respectively, for the week, decentralized finance (DeFi) coins soared as the market entered 2022. Here are the five biggest gainers of last week. Yearn.finance (YFI): The token linked to an aggregator service for...

BlockbusterDAO — a peculiar decentralized autonomous organization (DAO) — plans to buy video rental store chain Blockbuster to bring it back to life. See Also: What is a DAO? What happened: BlockbusterDAO plans to raise $5 million in a non-fungible token (NFT) sale, according to a...

Meme-based cryptocurrency Floki Inu (CRYPTO: FLOKI) made its DeFi debut with Inverse Finance (CRYPTO: INV) and had $44 million worth of high-value inflows into a liquidity pool in under 24 hours. What Happened: According to data from Etherscan, 369 billion FLOKI tokens worth $44.3 million are...

DeFi protocol Grim Finance is revealing that hackers stole $30 million of user funds from the platform over the weekend. What Happened: In a Twitter announcement on December 18, Grim Finance told users that it had identified the attackers' wallet address, which contained over $30...

Global investment technology and advisory leader Wilshire has announced the creation of a new digital asset group led by a heavy hitter in the financial services industry. What Happened? Wilshire has created the Wilshire Digital Asset Advisory Group and named Blythe Masters, founding partner at...