Category: Decentralized Finance

Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’

November 25, 2020

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American progressives, particularly the high-profile group of Congresswomen known as “the Squad,” have been highly vocal on questions of economic equity, the corrosive social impact of Big Tech and the need to reimagine fiscal and monetary policy in the post-2008 and post-COVID-19 political moment. How do they view blockchain technologies and the subsequent debates that […]

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How DeFi can improve the e-commerce sector

November 18, 2020

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Decentralized finance and shopping seem like an unusual combination at first. How can liquidity pools help you save money at the till? But scratch a little deeper and some compelling use cases for DeFi emerge. With the retail sector suffering through one of the most challenging times seen in a generation, here are the main […]

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DeFi is here to stay despite signs of a bubble, says Binance CEO

November 17, 2020

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Cryptocurrencies like Bitcoin are the best form of money, Binance’s CEO says. 5272 Total views 33 Total shares Changpeng Zhao, the CEO of the world’s largest cryptocurrency exchange Binance, said that decentralized finance is here to stay despite many DeFi projects showing signs of being in a bubble. In a Nov. 17 interview with Russia’s […]

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Value DeFi Suffers $6M Flash Loan Attack

November 14, 2020

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Nov 14, 2020 at 8:59 p.m. UTCUpdated Nov 14, 2020 at 9:00 p.m. UTC (Dmitriy Grishechko/Shutterstock)(Shutterstock) Value DeFi Suffers $6M Flash Loan Attack Decentralized Finance (DeFi) protocol Value DeFi was exploited for approximately $6 million earlier Saturday, possibly due to a flash loan attack, a scheme often seen in the fast-growing DeFi sector. “A complex […]

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The DeFi market desperately needs to connect with real-world assets

November 14, 2020

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With over $13 billion in total value locked, decentralized finance has truly shaken the crypto world in the last year. It has provided a new way to profit from the crypto market. Meanwhile, DeFi right now is only a niche trend with a gigantic potential to start a revolution in the business loan market. In […]

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DeFi the odds: Total user numbers up 55% in just six weeks

November 13, 2020

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Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month. 9167 Total views 44 Total shares While many decentralized finance tokens suffered heavy losses last month, prompting hastily written obituaries about the DeFi “bubble,” metrics measuring user activity saw sustained, sector-wide growth. According to crypto market […]

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DEX volumes pumped over 1,000% in Q3 before October saw the DeFi craze cool

November 9, 2020

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Despite pullback, trading volumes on decentralized exchanges are still significantly higher than Q2. 4033 Total views 32 Total shares The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent industry report from TokenInsight. However, October saw figures pull […]

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DeFi won’t last long without unlocking Bitcoin’s $250B treasure chest

November 8, 2020

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Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has been met with a demand that has exceeded $11 billion in total […]

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