What is Yield Farming in DeFi? How Can You Earn Income?
Have You heard about yield farming? Earning Money from Crypto Staking. Your banks are most likely to pay you just a quarter per cent on locking your funds. However, several cryptos can pay you up to 6% or more for locking funds in DeFi. It can be intimidating for several others when it seems like […]
Cardano ($ADA) Transaction Volume Approaches $70 Billion, with TVL on its DeFi Protocols Exceeding $400 Million.
The Cardano ($ADA) network’s transaction volume has recently surpassed that of the Bitcoin ($BTC) and Ethereum ($ETH) networks, approaching the $70 billion level. Cardano’s volume is increasing as the total value of its decentralised finance (DeFi) apps approaches $400 million. Cardano’s daily transaction volume was close to $70 billion at one point, according to Messari […]
What is Defi staking? Is Defi staking safe?
Defi staking is one of the hottest trends in Cryptocurrency because of its high profit. Although it is a simple concept, it offers a variety of benefits and rewards as high as 13% of their holdings that attract millions of users. If you’re into cryptocurrency or have heard of DeFi, then you might be aware […]
Why DeFi is Gaining Popularity? What are the Top 10 DeFi Crypto Projects in 2022?
Today’s financial market is flooded with decentralized finance (DeFi) crypto projects, or some also call it Defi projects. Although, only a few are aware of the importance of Defi and its functioning. Besides, it’s intriguing to understand what Defi is and why everyone is making a buzz about it! What is DeFi? The financial world […]
Top 5 Crypto News – Terra’s $139 Million Plan To DeFi Projects
Terra’s $139 Million Plan To ‘Bring Great UST Use-Cases’ To DeFi Projects Terra’s research report ‘UST Goes Interchain: Degen Strats, was published on January 6, Part Three, explains how the $139 million in UST and its native stablecoin LUNA will be used and on what platforms if the concept is accepted. Terra, a decentralized stablecoin […]
Terra’s LUNA Token Reaches A New All-Time High Amid Surge in DeFi Activity
LUNA, the Terra network’s native token, reached a new all-time high of $84.47 today; continuing its strong performance over the previous week. Terra’s LUNA Reaches A New All-time High Despite falling to $83.40 at the time of writing; LUNA Token is still up by 8.4% in the past 24 hours and an incredible 56% hike […]
The CEO Of Yieldly Says Interoperability Is More Important in DeFi Than a Market-Leading Blockchain
Decentralized finance (DeFi) is without a doubt one of the crypto market’s most prominent offerings. DeFi has provided users with alternatives to traditional investments that they would not have been able to access otherwise, and this has been one of the major factors driving the space’s growth. The CEO of Yieldly says Interoperability is more […]
Daily Crypto News-The Founder of Polkadot (DOT) has announced a $774 million development fund for DeFi
https://crypto-labs.s3.amazonaws.com/2021/10/News-Oct-19th.mp3Podcast: EmbedThe founder of Polkadot (DOT) has announced a $774 million development fund for DeFi Gavin Wood promised $774 million available to be spent on creative ideas following the DOT rally last week, which was fueled by the revelation of Polkadot(DOT) highly anticipated para chain auctions. Wood posted on Twitter, encouraging DOT holders to submit […]
EMURGO To Invest $100 million in Cardano To Accelerate The DeFi Adoption
Following the release of smart contracts capability, decentralized finance (DeFi) has become an increasingly important addition to the Cardano network. Since the Alonzo hard fork, developers have been working to bring their DeFi solutions to the ecosystem. Emurgo to invest $100 million in Cardano to accelerate the DeFi adoption. However, with decentralized finance already underway […]
Don’t Bet on Luck: Unveiling the Reality Behind a Big Altcoin Casino Win (A Financial Analyst’s Perspective)
Fortunes to be made in cryptocurrency sparkle with promise. Headlines shout of overnight millionaires, and social media influencers flash their crypto-fueled lives. Yet, such reports portray, in most cases, only a negligible part of successful cases, fully ignoring the basic risks characteristic of this highly volatile market as well as the fact that most people […]