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Gloomy predictions continue to haunt traditional financial markets. But cryptocurrencies are using this time to quietly make a comeback. The resilience...
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to…
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]
Decentralized insurance is another rapidly growing DeFi application enabled by blockchain technology. Decentralized insurance cuts transaction costs and claim cycles by eliminating costly insurance assessment protocols and leveraging significant advancements in an automated payout process. [...]