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.
Brian Pak Sheds Light on Web3 Security Challenges and Innovations
Brian Pak of ChainLight discusses combating Web3 hacks and DeFi exploits, and the role of law enforcement in securing the crypto ecosystem.
OKX Ventures Invests in Lombard to Enhance Bitcoin (BTC) Restaking Ecosystem
OKX Ventures announces investment in Lombard to transform Bitcoin into a dynamic financial asset with LBTC, enhancing utility and liquidity.
Cronos (CRO) Unveils zkEVM Pioneer Program to Reward Active Community Participation
Cronos (CRO) launches zkEVM Pioneer Program, enabling users to earn points through quests, fostering community engagement and ecosystem growth.
BounceBit Unveils New Products and Campaigns for July 2024
BounceBit announces the launch of two new products, Easy and Superfast, along with several lucrative campaigns for July 2024.
Composability Labs Unveils Spark: A High-Speed Onchain CLOB Leveraging Polygon (MATIC) Miden
Composability Labs introduces Spark, an innovative central limit order book (CLOB) utilizing Polygon (MATIC) Miden's state-minimization features to enhance DeFi efficiency.
BNB Chain Welcomes New Projects in DeFi, AI, and Web3 Gaming
BNB Chain introduces new projects in DeFi, AI, and Web3 gaming from June 23 to June 30, enhancing its ecosystem.
XDEFI Integrates Circle’s CCTP to Enhance USDC Cross-Chain Swaps
XDEFI and Circle's CCTP join forces to make USDC cross-chain swaps more secure and user-friendly, enhancing the overall DeFi experience.
Uniswap (UNI) v4 Hooks: EigenLayer Research Calls for AVS Proposals
EigenLayer Research invites proposals for Uniswap v4 Hooks, aiming to collaborate with innovative builders to enhance the decentralized finance ecosystem.
IOTA Grants $2.89 Million to 26 Projects in Latest Funding Round
IOTA Foundation announces $2.89 million in grants to 26 projects, focusing on DeFi, NFT marketplaces, SocialFi, and more.
BlackRock's BUIDL Fund Backs Manta Network's wUSDM via Mountain Protocol
Manta Network's on-chain yield-bearing stablecoin wUSDM is now backed by BlackRock's BUIDL Fund, enhancing security and yield potential.