Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand. Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out […]
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Cointelegraph recently hosted a YouTube panel discussing brokers and banks involved in the crypto industry, based on a report from CV VC and PwC. This past summer, a Switzerland-based blockchain investment company called CV VC, and a Swiss audit and advisory firm known as PwC, in collaboration with Cointelegraph, put together an in-depth report on […]
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While most of us will prefer to forget the horrors of 2020, DeFi may well prove to be the guarantee of a better, more liberated future. In a broad sense, 2020 has been the year of the COVID-19 pandemic. As it charges toward 1 million deaths and over 30 million infections, governments have been found […]
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Cointelegraph Consulting releases “DeFi Adoption 2020: A Definitive Guide to Entering the Industry,” to speed up DeFi adoption. Many new users have been attracted to the explosive expansion of the DeFi sector in 2020, seeking to explore the growing selection of finance tools and applications. Not surprisingly, large barriers exist due to complexity, high transactional […]
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There are exciting ways to make extra income from engaging in the DeFI market and locking assets in decentralized protocols. It is no longer news that decentralized finance provides crypto holders with a myriad of opportunities to earn passive income. While this is a known fact, I believe that it does not tell the whole […]
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It will also release a governance token. Decentralized finance, or DeFi, platform Kava announced its intention to host a cross-chain money market on its Cosmos blockchain to capitalize on DeFi opportunities. Kava said in a statement on its website that it wants to build an application called Harvest that will enable users to borrow or […]
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He’s made his governance intentions clear. Yearn Finance founder Andre Cronje puts himself up as a delegate for Uniswap hoping to influence the governance of the protocol. In a tweet, Cronje said he “will build tooling to facilitate delegation, off-chain voting, and on-chain enforcement” if made a delegate. He added: “At this point, I do […]
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There are several ways DeFi users can earn via yield farming. However, it isn’t so simple, as the technology is still young, say pundits. Yield farming has experienced a Cambrian explosion of sorts over the last few months, thanks in part to the emergence of various decentralized finance protocols. In its most basic sense, yield […]
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In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official. Some of the main functions of government institutions include redistribution of resources and maintaining official records. These are precisely the domains where blockchain technology — with its focus on facilitating secure, traceable […]
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Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout. Bitcoin (BTC) is getting its best “advertisement” once more as another major central bank floats the idea of charging people to save their money. As Bloomberg reported quoting minutes of a meeting […]
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