DeFi News
DeFi News

What are flash loans in DeFi?

How did flash loans originate? Unlike normal loans, flash loans do not require a borrower to provide typical requirements such as proof of income, reserves, or collateral.  While that may sound favorable to the borrower, there are pros and cons. Decentralized finance (DeFi) protocols have contributed to the popularity of flash loans. And most of […]

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DeFi News

Income generation on DeFi, explained

What is DeFi? DeFi is a broad concept looking at global finance without a central authority, a process that is said to lower the barriers to entry and provide new opportunities for investors to profit. DeFi, an acronym short for “decentralized finance,” is an all-encompassing term for financial services made available through public blockchains, the […]

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DeFi News

Income generation on DeFi, explained

What is DeFi? DeFi is a broad concept looking at global finance without a central authority, a process that is said to lower the barriers to entry and provide new opportunities for investors to profit. DeFi, an acronym short for “decentralized finance,” is an all-encompassing term for financial services made available through public blockchains, the […]

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The integration of CeFi and DeFi through Binance Bridge 2.0

What is Binance Bridge 2.0? Binance Bridge 2.0 is a new bridge service that gives all popular blockchain networks access to inter-blockchain liquidity. Binance launches Binance Bridge 2.0 to connect Ethereum-based tokens (both listed and unlisted) as BTokens to the BNB Chain. You can use your wrapped BTokens to explore the metaverse, blockchain-based games, decentralized […]

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DeFi News

Bitcoin DeFi ecosystem explained

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  • March 28, 2023

What is Bitcoin DeFi? The Bitcoin Taproot upgrade unlocked the potential to create DApps on the Bitcoin blockchain, improving the blockchain’s long-term viability by accelerating the DeFi movement on the Bitcoin network. Decentralized finance (DeFi) has experienced tremendous success since 2020, with nearly all of that growth being fueled by Ethereum. Ethereum paved the way […]

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Bitcoin News Cryptonews Deals DeFi News

What is Shiba Inu coin: Purpose, ecosystem and history of SHIB cryptocurrency

There’s no stopping the growth and development of meme coins in the cryptocurrency space.  This is due to several factors, but the main ingredient to their success is the backing of a strong community rather than real-world utility. For instance, Elon Musk was a supporter of a dog-themed cryptocurrency called Dogecoin that gained traction due […]

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DeFi News

What are DeFi yield aggregators, and how do they work?

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  • February 20, 2023

One emerging and fast-growing financial technology branch of the cryptocurrency industry is decentralized finance (DeFi), based on distributed ledgers where transactions are verified and approved by the decentralized network without needing third parties like banks. DeFi was developed to challenge the limits of the traditional financial system, identified as centralized finance (CeFi), which relies on […]

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DeFi News

The DeFi Stack: Stablecoins, exchanges, synthetics, money markets, and insurance

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  • February 20, 2023

What is DeFi? Every economic system is built on the foundation of centralization. Banks, governments and public enterprises have all served as central authorities, and people have trusted them to preserve value and maintain order in the economy.  We needed centralized authorities because we lacked the technological capability to conduct transactions on a peer-to-peer basis. […]

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DeFi News

Banking the unbanked: How DeFi can help the low-income population

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  • February 20, 2023

The Great Financial Crisis of 2008–09 no doubt destabilized the deeply-entrenched notions of financial stability that centralized finance once held. Ripples of the crisis were felt globally as banks and businesses crumbled, stocks plummeted and international trade declined. In 2009, Satoshi Nakamoto created Bitcoin in response to the Great Financial crisis, igniting a spark that […]

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DeFi News

Roots of DeFi: Artificial intelligence, big data, cloud computing and distributed ledger technology

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  • February 20, 2023

DeFi explained Decentralized Finance (DeFi) is a phrase that is neither legal nor technical. Nonetheless, it is increasingly employed in talks concerning the future of finance and its regulation. Decentralization; distributed ledger technology (DLT) and blockchain; smart contracts, disintermediation; and open banking are examples of the common usage of DeFi. While DLT and blockchain are […]

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