While the sector is still relatively immature, DeFi could be said to be one of the few use cases in crypto that has found product-market fit. By DanielGKuhn ConsensusAtC23, presented by Hedera
, spread over a number of application-friendly blockchains including Ethereum, Solana, Cardano and others. Its core group of users is composed of “crypto natives,” though a number of financial institutions have begun piloting closed-circuit versions of open DeFi protocols or running experiments on-chain.
These systems, which execute basic financial operations at any time of day using pre-set rules and publicly auditable code, were and remain able to return funds to users, liquidate underwater loans based on pre-established collateral requirements and generate yield.| Opinion
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Needs to Be Private by Default, Some Consensus 2023 Guests SayThere's a tension between the crypto ethos and existing [anti-money laundering compliance] policies, a Consensus 2023 guest said. Further, the power to selectively reveal or hide oneself is a human right, others said. ConsensusAtC23, presented by Hedera
Read more »
WSJ News Exclusive | Democrats Push for Debt-Ceiling Overhaul Bill After Default ScareDemocrats in the House and Senate are eager to avoid a repeat of the recent crisis that brought the U.S. to within days of a potential default.
Read more »
The Parents’ Guide to Dismantling Oppositional, Defiant BehaviorDefiance is rarely improved by assertive requests or vague and shifting ground rules. Here, learn about the parenting strategies that may unintentionally exacerbate a teen’s symptoms of oppositional defiant disorder or pathological demand avoidance — and what to do instead.
Read more »
Judge dismisses lawsuit claiming DeFi protocol operated illegal lotteryA U.S. district court judge dismissed a lawsuit against PoolTogether after ruling that the plaintiff did not have standing to bring the suit.
Read more »
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocolsDuring Cumberland Labs' search for a way to bridge blockchains and DeFi protocols, it developed its own universal API tool.
Read more »
DeFi Unfazed by SEC's Classification of Tokens as SecuritiesData shows value locked on DeFi ecosystems on Cardano, Solana and BNB Chain networks fell just over 1% on a monthly basis, despite the SEC classifying the tokens of the networks as securities. By shauryamalwa.
Read more »