30 / 48 Relevant items tagged with #defi

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DeFi and Credit Risk

[Sep 6, 2023 9:45 AM] As a potentially disruptive sector, DeFi must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

No Vitalik, No Problem: Whale Sells Ethereum (ETH) For Maker (MKR)

[Sep 4, 2023 4:00 PM] Less than a week after Vitalik Buterin, one of the co-founders of Ethereum, sold his Maker (MKR) stash for ETH, one crypto whale has done the opposite. On-chain data on September 4 shows that one Ethereum holder sold 694 ETH, worth roughly $1.13…

Base TVL Surges By 76% Amidst New DeFi Protocol Hype

[Aug 31, 2023 6:00 PM] Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new heights on Friday, August 31. This surge was triggered by the recent launch and growing hype around…

A Guide to TradFi Blockchain Adoption

[Aug 30, 2023 9:45 AM] As financial institutions look to come on-chain, total value locked, or TVL, is anticipated to be the leading indicator of where adoption will occur.

Friend.tech Activity Crashes 94%, Is This The End?

[Aug 28, 2023 6:00 AM] Decentralized social networks have always faced significant challenges to gain mainstream adoption. Such is the apparent case of Friend.tech, a new decentralized app that enjoyed explosive growth earlier this month.  Just barely two weeks after its…

$6.4 Million Lost In Latest Base-Native DeFi Protocol Rug Pull

[Aug 26, 2023 10:00 AM] Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6.4 million worth of assets. This event represents the latest troubling incident on the Base network in…