DeFi News

Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.

With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.

News
The protocol will expand to liquid staking and layer-2 solutions while retaining its NFT lending services.
ParaSpace to continue NFT lending as it rebrands to Parallel Finance
Zhiyuan Sun
2023-12-04T17:21:22+00:00
10748
News
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Tom Blackstone
2023-12-04T15:00:00+00:00
4621
Interview
DeFi is transforming the asset management landscape, but institutions and individuals still face challenges in adopting this new technology.
Addressing the barriers to DeFi adoption — Interview with Velvet Capital
Janina Winter
2023-12-03T21:52:00+00:00
6790
News
Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million...
FTX and Alameda transfers another $22M worth of crypto asset
Amaka Nwaokocha
2023-12-03T10:48:49+00:00
30972
News
The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach.
KyberSwap announces treasury grants for hack victims
Amaka Nwaokocha
2023-12-02T10:19:00+00:00
3459
Newsletter
Law firm Cadena Legal said that the guidance released by the Australian Taxation Office is “non-binding” and must be treated as “toilet paper.”
KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ‘non-binding’: Finance Redefined
Ezra Reguerra
2023-12-01T20:00:00+00:00
4012
News
The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September.
OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter
Jesse Coghlan
2023-12-01T05:52:20+00:00
5938
Follow up
“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released i...
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
Brayden Lindrea
2023-12-01T05:20:36+00:00
7406

Follow us on Facebook