DeFi

PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
PYMNTS DeFi Series: What Is an Algorithmic Stablecoin? DAI and the Fiat-Free Dollar Peg
March 23, 2022  |  Cryptocurrency

Welcome to PYMNTS’ series on decentralized finance, or DeFi. In these articles, we’ll be looking at every part of DeFi — the biggest, hottest, most...

READ MORE >
DeFi’s Self-Executing Payouts Enable Crop Insurance for Small Farmers in Africa
DeFi’s Self-Executing Payouts Enable Crop Insurance for Small Farmers in Africa
March 23, 2022  |  Blockchain / Distributed Ledger

The vast majority of Africa’s 300 million subsistence farmers find crop insurance, a basic farming financial tool, impossible to get. But a new coalition of...

READ MORE >
Morgan Stanley Doesn’t Think DeFi Growth Has Legs
Morgan Stanley Doesn’t Think DeFi Growth Has Legs
March 22, 2022  |  Technology

A Morgan Stanley report has said the growth in decentralized finance (DeFi) could be set to slow down soon, due to regulation and overcollateralization concerns,...

READ MORE >
Hacker Manipulates a Smart Contract on Li Finance; Takes $600K
Hacker Manipulates a Smart Contract on Li Finance; Takes $600K
March 21, 2022  |  Security & Fraud

The Li Finance swap aggregator experienced a smart contract attack which led to around $600,000 lost from 29 users’ wallets, a report said. The attack...

READ MORE >
Ripple Commits 1B XRP To Advance XRP Ledger Development
Ripple Commits 1B XRP To Advance XRP Ledger Development
March 17, 2022  |  Blockchain

Ripple will be committing 1 billion XRP to help with development and new use cases on the XRP ledger, according to a press release Thursday...

READ MORE >
Software Firm ConsenSys Closes $450M Series D to Further Web3 Developments
Software Firm ConsenSys Closes $450M Series D to Further Web3 Developments
March 15, 2022  |  Investments

Software company ConsenSys, which creates foundational software for Web3, has closed a $450 million Series D funding round, the company announced Tuesday (March 15). Per...

READ MORE >
DeFi’s Achilles’ Heel on Display: Vote Could Take $100M in Crypto from an Investor
DeFi’s Achilles’ Heel on Display: Vote Could Take $100M in Crypto from an Investor
March 14, 2022  |  Cryptocurrency

On March 15, the token-holders of a decentralized blockchain are going to reveal the big Achilles’ heel at the heart of DeFi. The token-holders of...

READ MORE >
PYMNTS Blockchain Series: What Is Ethereum? The Blockchain That Moved Crypto Beyond Currency
PYMNTS Blockchain Series: What Is Ethereum? The Blockchain That Moved Crypto Beyond Currency
March 09, 2022  |  Cryptocurrency

Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you...

READ MORE >
If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
March 08, 2022  |  Blockchain

Decentralized finance, better known as DeFi, is the hottest segment of cryptocurrency right now. In large part, that’s because it goes even further than crypto’s...

READ MORE >