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Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High  

The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been…

Continue ReadingValue Locked in Defi Descends Below $50B Range 9 Days After 2023 High  

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has…

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Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs

On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog…

Continue ReadingFantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs

State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region.…

Continue ReadingState of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%

While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from…

Continue ReadingValue Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%