Cryptocurrency Analysis and News Portal
“Through a collection of smart contracts that verify zero-knowledge proofs, the Railgun team has built a privacy system directly on Ethereum and other Layer-1 protocols, from which you can interact with decentralized exchanges, lending platforms, and popular smart contract applications,” Matt Beck, director of investments at DCG, said in a
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A project’s TVL doesn't only change when users make new deposits or withdraw their assets. It is constantly changing in line with the fluctuating dollar value of all those assets in the cryptocurrency market. Some or even all of a DeFi protocol's deposits may be denominated in its native token.
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And DeFi is not the only crypto-related money laundering method on the rise: Mining pools, high-risk exchanges and mixers also received an increased amount of crypto from wallets tied to criminal activity last year. However, Chainalysis’ research suggests the largest group of crypto criminals still prefer to launder their money
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As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future. On Jan. 21,
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Florida’s Office of Financial Regulation (OFR) has issued a warning about decentralized finance (DeFi) based companies that offer lending, banking and investment services.The OFR is cautioning the public that before using any DeFi-based service, it is important to do the necessary due diligence and understand what DeFi is in order
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In addition to a good infrastructure, a blockchain needs various qualified projects to grow, and Harmony is an example of a chain with at least one highly promising game in its ecosystem. According to Footprint Analytics, Harmony currently ranks 21st in TVL for blockchains. Its TVL rose 529% in just one
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As for DeFi, details are sparse, but a new project at the Hong Kong center plans to explore whether DeFi technologies including blockchain, tokenization and smart contracts, can “improve financing for small and medium enterprises, a historically underserved market segment.” Original Source
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Grayscale Investments, which manages the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, has added 25 digital assets, including tokens for a number of high-profile DeFi and metaverse protocols, to a list it keeps of potential investments, the company said in a Monday blog posting. Source
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The total value locked (TVL) in decentralized finance (defi) protocols has lost 6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has seen a TVL increase, jumping 46.62% over the last week. Fantom has managed to knock Binance Smart Chain (BSC) down
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Cross-chain swap Multichain is the biggest protocol by value locked on Fantom, with over $6.97 billion worth of assets in its smart contracts. In second place is the relatively new 0xDAO, which locks over $3.91 billion, while decentralized exchange SpookySwap takes third place with just over $1 billion in locked
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