1 / 52 Relevant items tagged with #DeFI

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Coinbase's Bitcoin Loans Are Not What They Seem

[Jan 16 4:37 PM] Follow me on X for more Bitcoin L2 alpha@GuerillaV2 Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.)These loans are not backed by Bitcoin, nor

Inflated TVL Figures Could Pop a $30B Bitcoin Defi Ecosystem

[Jan 15 1:45 AM] Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $30 billion in total value locked (TVL)…

Bitcoin DeFi Is Finding Product-market Fit With Runes

[Jan 14 7:57 PM] Over the past year, the Bitcoin Renaissance has brought significant attention to BTCfi, or “Bitcoin DeFi” applications. Despite the hype, very few of these applications have delivered on their promises or managed to retain a meaningful number of…