DeFi

By Alex Siman, founder of Subsocial - a Polkadot-based decentralized social network platform The imminent Ethereum London upgrade - as well as the launch of Polkadot and Kusama’s parachains - has done much to keep crypto spirits as markets remain bleak. Parachain candidates are drumming...

DeFi is liberating. Instead of relying on centralized entities for better yields, this emerging sub-sector in finance does away with intermediaries. They anchor their operations on mainly audited smart contracts for security and the burgeoning DeFi community to extract maximum value. The Age Of...

What Happened: WiV Technology, a blockchain trading platform for “unique assets,” has partnered with the Georgian government to move some of the country’s wine onto the blockchain. In a press release shared with Benzinga, WiV said that several Georgian wines and their...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The total value locked in DeFi protocols has skyrocketed to $53.7 billion from just $2.5 billion a year ago. Most of this growth has been...

My DeFi Pet (CRYPTO: DPET) soared nearly 42% at press time even as the global cryptocurrency market capitalization fell 2.55% to $1.28 trillion. What’s Moving? The token associated with a virtual pet game that combines Decentralized Finance or DeFi, collectibles and the player’s own...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The year 2020 was nothing short of an interesting one. The COVID-19 pandemic has meant that we rely on technology more than ever before to...

YeFi.one functions as a staking platform dedicated to acting as a DeFi protocol. With staking currently being its primary feature, YeFi.one allows users to earn passive interest simply by depositing crypto assets in its dApp. The dApp itself was created to be simple to use, which is beneficial for...

Bringing in liquidity while still retaining a high level of profits, Olympus is a Greek mythology-inspired platform that offers a dual BUSD-reflect program and a whale buyback system. People can hold on to its native OLYMPUS token and earn BUSD, the Binance USD pegged stablecoin. Why...

Securing a last-minute spot to participate in the 2021 virtual DeFi Hackathon, Hack Money, the Rootkit Finance team will  reveal a new token class in the DeFi space as it hopes to live up to its ambitious expectations Aiming to complete the first lap of the Hackathon token within the...

Ethereum (CRYPTO: ETH) is trading about 7% higher in the early hours of Tuesday even as investment products and funds posted record outflows in the final week of June. What Happened: ETH traded 6.93% higher at $2,103.07 at press time over 24 hours. The second-largest cryptocurrency by market...

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus referred to an attack on Polygon (CRYPTO: MATIC)-based stablecoin SafeDollar and said nothing is 100% safe while advising investors to exercise prudence. What Happened: Markus’ comments were made on Twitter where he said the “ABC of...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. What we're seeing in the decentralized finance space today is radical innovation, fundamental freedom, and the rethinking of the...