A former high-tech corporate lawyer has advocated for sector-specific regulations for decentralized finance that leverage the technology’s strengths while addressing its weaknesses. The Importance of Collaboration Ran Hammer, a blockchain and crypto-focused lawyer, is advocating for sector-specific laws for decentralized finance (defi) that consider the strengths and weaknesses of the underlying technology. According to Hammer, […]
End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a flurry of activity as defi and onchain protocols amassed more than $ 1.5 billion in total revenue during the previous …
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $ 10 billion in April, with defi’s ecosystem ending the month at $ 138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance and Solana. Despite the overall downtrend, Bitcoin, Base …
In the first quarter of 2024, approximately $ 43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging …
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers within the Wormhole ecosystem. Wormhole to Airdrop W Token to Advance Defi Interoperability Wormhole, a facilitator of […]