DEFI
What is DeFi?
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
OKX Ventures Backs zkLink to Enhance Liquidity with Aggregated Rollups
OKX Ventures has invested in zkLink, aiming to unify liquidity across various blockchain ecosystems with its Aggregated Layer 3 zkEVM network.
DeepBook Enhances DeFi Protocols with Superior Liquidity and Speed
DeepBook's deep liquidity, quick execution, and ease of integration give Sui DeFi protocols a competitive edge.
BNB Chain Announces $250K 'Train Like a Champion' Challenge
BNB Chain launches the 'Train Like a Champion' challenge with a $250K prize pool, timed with the 2024 Summer Olympics.
Binance Research Reports 37.3% Growth in Crypto Market for H1 2024
Binance Research reveals a 37.3% growth in the crypto market for the first half of 2024, driven by strong performance in Layer-1s, DeFi, and stablecoins.
CoinGecko Report: Crypto Market Declines 14.4% in Q2 2024 Amid Key Developments
CoinGecko's Q2 2024 report reveals a 14.4% decline in the crypto market, with Bitcoin's halving, mining hash rate drop, and trading volume shifts.
BNB Chain Introduces New Projects for Mid-July 2024
Explore the latest projects onboarded by BNB Chain from July 8th to July 14th, including innovations in DeFi, AI, and Web3 gaming.
Stellar (XLM) Unveils Soroban: A Developer-Focused Smart Contract Platform
Stellar (XLM) introduces Soroban, a smart contract platform emphasizing performance, sustainability, and security for scalable DeFi applications.
Taiko Launches DeFi Challenge in Trailblazers Campaign
Taiko's Trailblazers campaign introduces the Trail 4 challenge, encouraging participants to engage with DeFi protocols and earn the Master Faction Badge.
Tezos Foundation Awards Grants to Innovative Projects Across DeFi and Gaming
Tezos Foundation announces grants for projects in DeFi, gaming, and more for May and June 2024, enhancing its blockchain ecosystem.
Manta Foundation Allocates Treasury to wUSDM, Backed by BlackRock’s BUIDL Fund
Manta Foundation strategically allocates its stable crypto assets to wUSDM, supported by BlackRock's BUIDL Fund, enhancing financial security within the Manta Network ecosystem.