Although blockchain technology is a relatively new innovation, digital assets like cryptocurrencies, nonfungible tokens (NFTs) and the entire ecosystem of decentralized applications (DApps) powered by it are now facing the challenge posed b...
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...
What is cryptocurrency and how does it work?
Physical tokens such as bank notes, shells and gold coins have been used as a source of payment for ages. However, Satoshi Nakamoto introduced the world's first cryptocurrency called Bitcoin (BT...
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 ec...
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...
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 techno...
Cryptocurrency scams ruining DeFi enthusiasm
As many crypto enthusiasts will state, decentralized finance (DeFi) represents a revolutionary next step in terms of finance. Such a new space can potentially offer users new ways to make money ...
Decentralized finance 2.0
One of the most influential and successful waves of blockchain-based innovation has been decentralized finance or DeFi. DeFi refers to a broad spectrum of decentralized applications that disintermediate traditiona...
Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over management of their funds to an intermediary or custodian. These transactions are facili...
Decentralized applications, or DApps, are essentially blockchain-based smart contract-powered versions of apps popularized by the Ethereum network. They act just like traditional apps — a user shouldn't even notice a difference — but provid...
Decentralized vs centralized finance
The traditional centralized finance (CeFi) ecosystem may appear mysterious to non-experts since customers are often unaware of the underlying rules or agreements that govern financial assets and goods. ...
In 2020, staking emerged within the cryptocurrency space, introducing new opportunities as alternatives to the traditional financial markets' instruments. The rise of decentralized finance (DeFi) materialized in 2020, but the concept dates ...
Decentralized finance (DeFi) is a successful implementation of blockchain technology that serves as a promising alternative to traditional finance. As the name suggests, DeFi is a blanket term used for a variety of financial products and se...
Decentralized finance (DeFi) is a sector within the cryptocurrency industry focused on providing decentralized financial services. It consists of numerous financial services created by developers that anyone can access. These services diffe...
What is DeFi (decentralized finance)?
After Bitcoin's launch in 2009, a robust industry blossomed, stemming from the asset, its concept and its underlying technology. The crypto and blockchain space boasts different niches in which project...
