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Will The Bull Run Awaken The Crypto Defi Craze?

There are moments in the ever-changing cryptocurrency scene that capture the attention of investors, traders, and enthusiasts worldwide.

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Moonstake Enters into DeFi Market together with Muse.Finance

Moonstake Enters into DeFi Market together with Muse.Finance
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Crypto Carnage Continues As 'Whale Wars' Rage

Crypto Carnage Continues As 'Whale Wars' Rage
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What Is Compound (COMP)? | Coinspeaker

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Despite being criticized for not being fully decentralized, Compound has offered several advantages for users in the crypto and DeFi space. Therefore, it is often referred to as a “crypto-economic miracle”.
Compound is a decentralized protocol with its own token COMP, a DeFi-related token with a total supply of 10 million. Like most tokens, COMP uses the Ethereum blockchain. The Compound protocol works as a decentralized application that takes the maximum out of the Ethereum network. Through this protocol, users can request loans or generate interest by lending cryptocurrencies through smart contracts.
Although Compound is not as popular as other high market cap cryptos like Bitcoin (BTC) or Ethereum (ETH), the protocol made returns in excess of 800 % in June 2020, even underscoring the predominant role of Ethereum in the financial industry. Since the entrance into the Ethereum Network and the DeFi, it has been described as one of the greatest events in the industry.

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January 2021 Sees Explosion In Volumes For The World's DEXs

January 2021 Sees Explosion In Volumes For The World’s DEXs
Last Updated: 05 February 2021
As the years went on, the use of a decentralized exchange (DEX) has seen a significant rise. This large rise in popularity has only been increased thanks to the business world at large starting to embrace cryptocurrencies.
DEXs Versus Centralized Exchanges
The big sell for DEXs are in their decentralized nature: With no central entity holding responsibility for the operations, they lack the speed and efficiency of centralized exchanges, but do not need to comply with any KYC requirements, regulations, or norms.
Instead, these exchanges are regulated through smart contracts, immutable contracts based on blockchain technology. Typically speaking, these DEXs are based within the Ethereum network, though there are one or two outliers.

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