Forget Bitcoin, DeFi Is Bleeding And The Numbers Are Staggering
The Bitcoin price continues to struggle despite the recent recovery, but the real losses are being recorded elsewhere. The decentralized finance (DeFi) sector was the main focus of the 2021-2022 bull market, with the emergence of new coins. However, the bullishness surrounding the entire sector has been eroded over the years, and the effects are […]
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With the king bleeding out over the weekend, the crypto market seems to be losing momentum. A few sectors and projects remain in the green zone. Ethereum and its DeFi protocols have made a display of strength and conviction from their investors seem to remain bullish. Messari Research Mira Christanto compared ETH-DeFi with Binance-DeFi and […]
With yield farming becoming one of the most popular ways to earn sometimes frankly staggering returns on investment, 2020 saw platforms such as Compound take the spotlight as leaders of the DeFi farming movement. The TVL (total value locked) in DeFi currently sits at over $26 billion, and with innovative new platforms making strides into […]
Back in 2021, the decentralized finance (DeFi) space experienced explosive growth which led to a rapid rise in total value locked (TVL). The TVL would continue to grow into 2022 and maintain a decent level even through the initial bear market triggered by the Terra collapse. However, the glory days are long over now and […]
Many people are cautiously optimistic regarding these innovative and decentralized services that show up all over the world, as part of the sharing economy model. Services like Uber and BeMyDD were greeted with a fair bit of skepticism in New Jersey, but the local authorities have come up with a creative plan. Cutting DUI numbers is a priority in Evesham Township, and a pilot program to tackle this issue was launched last month. For a township of roughly 45,000 citizens, Evesham Township seems to have quite a “drunk driving problem”. Statistics indicated the town would reach a threshold of....
Edan Yago looks to reclaim "decentralized finance" as Bitcoin's, not Ethereum's, turf.