DeFi offers investors the authority to protect their wealth from the hands of capital control while discarding the arduous KYC (Know Your Customer) mechanism. Finally, it makes the process of remittance quicker, more effective, and simpler. In this article, we will see how a user can gain DeFi exposure to …
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DeFi stands for decentralized finance which is an umbrella term of financial applications in digital currency or blockchain inclined towards cutting off the financial intermediaries. Decentralized finance draws inspiration from blockchain, which is the technology behind Bitcoin which is a digital currency. This allows various entities to grab a copy …
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Recently there was a Poly Network hack, where the hackers were successful in cracking the Poly Network and making off with digital currency that is worth $613 million. To date, this is the biggest heist in digital currency. Let us have a look at the Poly Network hack explained. …
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Soon after “Smart Contracts”, “Decentralized Finance” can be perceived as the rowdiest transformation the crypto industry has ever seen. Staking coins has become one of the most popular ways of earning crypto coins passively in the form of rewards. This ocean of opportunity was opened by DeFi who is called …
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With the advent of the digital world, there is no doubt that the cryptocurrency market is increasing at a rapid pace. The total capitalization of the market of all combined cryptocurrencies is more than $1 trillion. More than 100 million users are a part of this community now. So there …
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