# DeFi

10 Best Cryptocurrencies To Invest in for 2021

Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market. While you […]

‘DeFi may lead to a paradigm shift’ says Federal Reserve Bank paper

Ethereum has unleashed a wave of financial innovation. A paper published by the Federal Reserve Bank of St Louis has delved into the expansion of decentralized finance and Ethereum’s role in it. The research, penned by Dr. Fabian Schär and published on May 2, has taken a deep dive into the world of DeFi, hinting […]

Will Ethereum overtake Bitcoin in 2021? Here’s what you need to know

Over the last few years, Bitcoin, the golden child of the cryptosphere, has seen wide popularity and acceptance as a store of value, while Ether – the native cryptocurrency of the Ethereum blockchain – has held steady in second place. But with a majority of the top Decentralized Finance (DeFi) protocols, dApps (decentralized applications), and […]

Total Value Locked in DeFi Smart Contracts Stays Above $60B Despite Ongoing Market Dump

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the $60 billion all-time high (ATH) level.  According to data from DeFiPulse, a decentralized finance market aggregator, the TVL in dollar terms have […]

Nervos launches $5M fund to support DeFi projects

Chinese blockchain network Nervos has announced a $5 million fund to back emerging DeFi projects China’s Nervos Network has launched a $5 million fund to support projects building decentralized exchanges, lending platforms, and other DeFi protocols. According to a Feb. 10 announcement from Nervos, the fund will be used to provide cash grants and direct […]

3 reasons why Ethereum has been rising faster than Bitcoin price in 2021

Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What’s more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin’s 26% in […]

DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance

TomoChain’s new interoperability upgrades and DEX show the team is serious about breaking Ethereum’s DeFi dominance. The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are making gains based on […]

Fintech Year in Review – 2020

As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year. Quarantines, masks, social distancing, unspeakable tragedy, economic ruin for some industries. But the fintech world proved it was equal to the task. Despite, or perhaps because of, the physical barriers established by the COVID-19 […]

Tron Teams Up with BitGo to Launch Wrapped Bitcoin and Ether

Tron “unleashes” the potential of DeFi with Wrapped Bitcoin and Ether Wrapped Bitcoin (wBTC) and Wrapped Ethereum (wETH), the synthetic versions of the two largest cryptocurrencies, have launched on the Tron blockchain, according to a press release shared with U.Today. This was possible because of leading digital asset company BitGo. The rise of synthetic cryptocurrencies […]

DeFi value locked hits $18B amid Ether rally and SushiSwap gains

DeFi TVL is breaking new highs at $18 billion, but most of it is just the Ether and Bitcoin rally. The total value locked in decentralized finance, a measure that tracks the amount of assets committed to the DeFi ecosystem, has soared to $18 billion, according to DeFi Pulse. TVL chart by DeFi Pulse While […]

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