Tag defi

Defi Firm Kyberswap Faces $46 Mln Hack,Tvl Drops

DeFi Firm KyberSwap faces $46 Mln hack,TVL drops

Key Takeaways In the latest decentralized finance (DeFi) exploit, KyberSwap Elastic, a decentralized exchange (DEX) under Kyber Network, faced a security incident resulting in the loss of approximately $46 million in various crypto assets.  The Kyber Network team promptly notified…

Defi Is More Efficient Than Cefi

DeFi is More Efficient Than CeFi: Here’s Why

The DeFi sector is growing at a staggering pace, and while it shares some similarities with CeFi, the differences are glaring too. Transparency is a significant benefit DeFi offers investors – a key factor that decides the fate of their…

Defi Vs Tradfi Lending, Benefits And Risks

DeFi vs TradFi Lending, Benefits and Risks

The term DeFi, short for decentralized finance) has been circulating in the financial world in the past few years, and it’s not without reasons. The emerging movement promises to revolutionize the traditional finance (TradFi) sector, and it’s increasing in demand…

Top Defi Protocols To Watch Out For In 2022

Top DeFi Protocols to Watch Out For in 2022

Over the past few years, cryptocurrency investors have increasingly taken up decentralized finance (DeFi) as the go-to ecosystem to manage finances and earn interest. According to DeFi Pulse, the DeFi ecosystem stands at $69.05 billion, as of writing, representing a…

Best Defi Apps

Best DeFi Apps

DeFi or Decentralized Finance is one of the biggest trends in the crypto market. Users can use a DeFi app to facilitate payments and other financial transactions without centralized, traditional financial institutions. DeFi started in 2018, but its massive adoption wasn’t…

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