defi

Flux protocol is a cross-chain oracle aggregator that supplies economically-viable information to smart contracts. Smart contracts are pieces of code that execute specific actions when certain conditions are met. Smart contracts are very popular in decentralized finance, which refers to...

One of the most influential impacts of cryptocurrency is decentralized finance or Defi, which involves regular finance services without the oversight of a central authority. Networks bring together users whose peer-to-peer financial activities will be monitored by the blockchain...

Here are some of the major points that this article will be talking about. A crypto firm (Crypto.com) fronted by Matt Damon mistakenly transferred the sum of 10.5 million dollars instead of a 100-dollar refund and is now struggling to...

In recent weeks, chatter and concern erupted, which is easy to get caught up in around the crash of TerraUSD stablecoin and the ongoing losses that have affected several jobs and market situations throughout the wider ecosystems of cryptocurrency...

Decentralized finance (DeFi) is not excluded from the tough time that much of the crypto sector is experiencing. Since December, its total value has been locked in fallen, which is by 70% per DefiLlama data. Mind you, it's not only this but also how different platforms that fall within the space of no-decentralized DeFi are under threat of collapse – the latest is the Celsius' suspension of withdrawals and the manifestation of the ongoing crisis.

The cryptocurrency market is fast rising, with whopping increments and returns within the shortest period. It’s the currency of the future, so you may be making some good investment decisions by buying some. There are more than 18,000 cryptocurrencies in circulation, but you’ve probably heard a lot about Ethereum. It’s among the top digital assets, second to Bitcoin. And you can use it to pay your bills or store it as an investment.

We will look at how wrapped tokens work, and whether they are a good investment. Let’s get down to business. Do wrapped tokens really get wrapped? Yes, they do. Wrapped tokens get wrapped. Digitally. This sounds very confusing so let’s look at a more detailed explanation.

Polygon is usually called the Ethereum of blockchains. And the reason why is simple. Polygon aims to make blockchain technology and decentralized apps very accessible to people. Just the way Ethereum does.

DeFi stands for Decentralized Finance. It is a financial system that allows for smooth transactions without the help of financial intermediaries like brokerages, exchanges, or banks. The Defi instead makes use of smart contracts on a blockchain.