DeFi (Decentralized Finance) platforms are more decentralized than traditional exchanges, however calling them decentralized is sometimes a stretch. Most of them are developed and managed by centralized foundations with a figurehead. Governance tokens are usually
Self-repaying loans are not a novel concept in DeFi, there are already implemented by several projects, such as Alchemix on Ethereum. The concept is simple: you borrow a stablecoin from a smart-contract, and you provide
https://twitter.com/AntonioMJuliano/status/1442234625120608256 dYdX is a derivative DEX backed by Coinbase (yes, another one). It is based on StarkWare (Ethereum Layer-2). Ii and is backed by the usual suspects: Coinbase, Andreesen Horowitz, Brian Armstrong, Paradigm, Polychain Capital,
Portal is self-hosted wallet and DEX (Decentralized Exchange) built on top of Layer-2 platform Fabric. It utilizes Atomic-Swaps to exchange Bitcoin and other cryptocurrencies natively (not wrapped tokens). Fabric is a "layer-2 and layer-3" smart-contract
The community voted in favor of integrating Bitcoin into Dfinity's Internet Computer (IC). This upgrade includes two different capabilities: Smart-contracts will be able to validate and make native Bitcoin transactions.Smart-contracts and users will be able
pNetwork is a cross-chain DeFi platform on top of Binance Smart Chain (BSC). The attacker stole actual BTC on Bitcoin's blockchain, not pBTC which is the wrapped BTC on pNetwork. Cross-chain bridges are on the
The Wormhole Network has announced on Twitter the launch of the Wormhole V2 bridge between ERC-20 tokens and Solana's SPL: https://twitter.com/wormholecrypto/status/1438940760548667393 A quick description of this protocol can be found here: https://wormholecrypto.medium.com/?p=32b16d795c01 Cross-chain interoperability is
Sovryn (SOV) token listed on the Chinese crypo exchange AscendEX (based in Singapore). Sovryn is a DeFi platform built on Rootstock (Bitcoin layer-2).
The Avalanche foundation has raised $230 million investment in a private token sale from investors led by Polychain and Three Arrows Capital. Other investors include R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and a
