Technology

Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition

Coins Legend June 4, 2022 0

As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi)

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Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins

Coins Legend May 21, 2022 0

Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second to Ethereum in terms of total value locked. Today, the remaining […]

Technology

Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Coins Legend May 19, 2022 0

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge […]

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How STACKD Finance Services Make DeFi Safer for Everyone

Coins Legend May 4, 2022 0

Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room for scams, money laundering, and other criminal activities. Without secure

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The Secret for Creating DeFi Content “Your Dad Could Understand”

Coins Legend May 4, 2022 0

Known only as blocmates on Twitter, Grant is a crypto content creator that “your dad could understand,” and he specializes in DeFi which often has the most difficult kinds of crypto products to wrap your head around. He recently joined the Bitcoin.com News Podcast to talk about the market: Among the many interesting topics discussed […]

Technology

Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits

Coins Legend April 28, 2022 0

According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 is already breaking […]

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Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

Coins Legend April 23, 2022 0

Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European

Technology

Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs

Coins Legend April 16, 2022 0

About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after […]

Finance

Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’

Coins Legend April 15, 2022 0

On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one line of code.” Software Engineers Can Now Embed Uniswap Swapping Functionality Into

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Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper

Coins Legend April 15, 2022 0

The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm