Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.
DeFi Exploits in 2021 have already crossed the figures recorded in 2020. With the amount of money locked on DeFi protocols is increasing by many folds, criminals are also attacking them to get away with the bunch of money.
Binance Smart Chain might be the new kid in the block, but it has managed to break records in a relatively short span of time. The blockchain
Synthetix announced that Synth exchanges are finally live on the Optimistic Ethereum L2 platform. Initially, a limited number of coins are supported in the new platform,
Uniswap inventor Hayden Adams and two others developers from crypto investing firm Paradigm, Dave White and Dan Robinson, are working on a new automated market maker (AMM) model to help decentralized exchanges (DEXes) on Ethereum execute large orders efficiently.
Polygon-based yield farming protocol, PolyYeld Finance has become the latest victim of an exploit in its smart contracts. According to the blockchain security and data analytics
ZKSwap, a decentralized exchange (DEX) based on the ZK-Rollup layer 2 scaling solution, has announced the mainnet launch of its V2. ZKSwap’s V2 will allow users to add and any cross-chain token with no gas fees and instant settlement.
The first decentralized exchange is now live on Polkadot and Kusama named Kurara Swap with the initial pair KSM/KAR. Kurara is a DEX that serves users
THORChain had a rough month. The popular decentralized liquidity protocol has reportedly lost $8 million worth of Ether [ETH] in yet another exploit. The perpetrators now
Ethereum’s second-layers solution Polygon is on a partnership spree. The latest one to team up with the scaling protocol is the leading fiat-to-crypto and payment infrastructure
DungeonSwap is the latest DeFi and gaming platform on Binance Smart Chain that experienced massive growth in terms of users and TVL. During the last week,
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy
