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Tag: DeFi

DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain.

The Global Financial Crisis Led To Decentralized Exchanges

The Global Financial Crisis Led To Decentralized Exchanges

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By Juan Mende. The 2008 Global Financial Crisis led to movements such as Occupy Wall Street and Bitcoin. Bitcoin at least is still alive and well, as attention on inefficiencies, inequalities, and the risks of the intermediated financial system have persisted over the last decade-plus.  Distrust only grew amid recent controversies, such as the GameStop short squeeze, where retail investors could not access trading platforms during...

DeFi, DEX, Exchanges

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Axie infinity, mas que un juego

Axie Infinity, more than a game

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Cryptocurrencies are revolutionizing everything, finance, art, and now video games. This is Axie Infinity, the new blockchain video game, that allows you to earn up to 33 USD per day and is generating a true revolution. What is Axie Infinity about?  Axie Infinity is an NFT video game, it is based on non-fungible tokens and is currently the most valuable NFT collection. Tokens are unique digital assets, they are like digital...

Blockchain, Cryptocurrencies, DeFi, Featured, NFTs

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The biggest hack in DeFi history

The biggest hack in DeFi history

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This week, hackers stole about $600 million worth of cryptocurrency from a Decentralized Finances (DeFi) network that specialized in enabling users to move digital assets linked to one blockchain to another. PolyNetwork, a multi-chain interoperability technology, is at the heart of one of the largest hacking attacks in history. PolyNetwork connects several of the world’s leading digital ledgers and blockchains, but it revealed on...

Cryptocurrencies, DeFi, Featured, Main, News

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Burned

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When cryptocurrency tokens or coins are purposefully and indefinitely withdrawn from circulation, they are referred to as “burned.” Often blockchain networks use the mechanism of “burning” tokens to encourage network users to buy and invest in protocol-specific tokens. Burning tokens reduces the cumulative total token supply, potentially raising the value of the underlying commodity, which is typically used as a...

DeFi, Glossary

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