DeFi

Decentralized finance or DeFi involves leveraging the core principles of blockchain technology. If you keep an eye on defi crypto news, you will know that the composable code leads to the creation of a strong network effect, which allows the community to strengthen what others have achieved.At Cryptoknowmics, we seek to raise five major decentralized platforms, namely auction portal, job portal, predictions, crypto games, and crowdfunding platforms. These different platforms will provide all ethereum defi news and will be free from any centralization. These will be in line with the latest time demands of the market.If you have kept yourself abreast of the crypto defi news today, you will know that currently these markets, especially auction and job portals are heavily centralized. However, decentralizing these markets is essential to ensure a free and fair process. Therefore, Cryptoknowmics aims to convert these platforms to decentralized ones.
Domain Name of Convex Finance Back to Normal After Recent DNS Attack
DEFI

Domain Name of Convex Finance Back to Normal After Recent DNS Attack

After being targeted in the latest spoofing exploit, the Domain Name Server (DNS) of the decentralized staking platform, Convex Finance is now back to normal. Convex ...
Jafrin Ahmeda day ago
Why Play-to-Earn Games Are a Perfect Match for India
DEFI

Why Play-to-Earn Games Are a Perfect Match for India

Gaming has evolved from a way to pass the time and amuse oneself to a way to reward gamers using blockchain-based technology like NFTs. Gamers were once thought of a ...
Rony RoyJun 24, 2022
Nexo Consults Citibank About Acquisitions During a Volatile Market
DEFI

Nexo Consults Citibank About Acquisitions During a Volatile Market

The cryptocurrency lending marketplace Nexo claims that because of its solid balance sheet, it can step in to help supply liquidity during the present market turbule ...
Usha YadavJun 23, 2022
TronDAO to Initiate a 3 Billion Withdrawal to Guard TRX's Value
DEFI

TronDAO to Initiate a 3 Billion Withdrawal to Guard TRX's Value

TronDAO has declared that it will remove 3 billion TRX from a CeFi and DeFi lending platform. It did not disclose the systems through which these withdrawals will be ...
Usha YadavJun 17, 2022
MicroStrategy CEO: Bitcoin and Lightning Network Can Save DeFi Market
DEFI

MicroStrategy CEO: Bitcoin and Lightning Network Can Save DeFi Market

Given the current turbulence in the decentralized finance (DeFi) industry, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor believes that Bitcoin and th ...
Usha YadavJun 15, 2022
Gemini Adds New DeFi Tokens to Its Platform
DEFI

Gemini Adds New DeFi Tokens to Its Platform

According to a tweet by Gemini, it will be supporting two new DeFi tokens i.e. ALI and TRU. Once it lists the tokens, users can start depositing and holding. 1/2 📣T ...
Ify EgedeJun 14, 2022
Forgotten Hero: How is DeFi Fairing in the Midst of NFTs and Metaverse Buzz?
DEFI

Forgotten Hero: How is DeFi Fairing in the Midst of NFTs and Metaverse Buzz?

The world is waking up to the reality of the metaverse buzz and non-fungible tokens (NFTs), which are making the trends online. Decentralized finance (DeFi) remains ...
Adam RobertsonJun 12, 2022
Huobi Launches $1B Venture Capital Arm Focused on Web3 Startups
DEFI

Huobi Launches $1B Venture Capital Arm Focused on Web3 Startups

Cryptocurrency exchange Huobi Global announced that it has launched a new DeFi and Web3 investment arm. Dubbed Ivy Blocks, the investment arm has over $1 billion in ...
Jafrin AhmedJun 11, 2022
Now on DeversiFi: Cross-Chain Swaps for Bridgeless DeFi Transactions
DEFI

Now on DeversiFi: Cross-Chain Swaps for Bridgeless DeFi Transactions

The decentralized exchange, DeversiFi, is introducing cross-chain swaps, a new tool for Decentralized Finance (DeFi) traders to transact over several chains. 🚀 @Atl ...
Usha YadavJun 8, 2022
Chainlink Introduces New Roadmap and Staking Plan
DEFI

Chainlink Introduces New Roadmap and Staking Plan

Chainlink has unveiled a new roadmap for the oracle platform by introducing the much-awaited staking mechanism to the blockchain. Chainlink Unveils New Roadmap On Ju ...
Jafrin AhmedJun 8, 2022
DeFi Intends to Decentralize Crypto and NFT Inheritance
DEFI

DeFi Intends to Decentralize Crypto and NFT Inheritance

Kirobo, an Israeli crypto software company, is attempting to fill a massive gap in the DeFi market by allowing crypto investors to hand over private keys or transfer ...
Usha YadavJun 1, 2022