Sergey Nazarov, the co-founder of Chainlink, sometimes describes blockchain adoption as moving in a “slowly, then all at once” dynamic. This analogy implies a long, slow stretch of research and infrastructure development, which is soon followed by a dramatic boom in adoption. Is blockchain finally reaching its inflection point? When...
Las Vegas. Crypto. Kidnapping. Teenagers. Individually, each word carries weight. Taken together, they paint an unsettling scene. This ought to send chills up the neck of anyone who works with—or participates in—decentralized finance (DeFi). Step aside rug pulls and smart contract exploits for a second. This is not a story...
USDT and USDC are currently the two dominant stablecoins in the cryptocurrency market. They both intend to maintain a one-to-one peg with the U.S. dollar, but they approach transparency, regulatory compliance, and market approach in strikingly diverse ways. USDT first launched in 2014, providing it a robust first-mover advantage. USDT...
You believe your funds are secure enough held in USDC, don’t you? Something like a stablecoin, pegged to the dollar, backed by… I don’t know. But what if I told you the safety illusion isn’t real? We’ve all been seduced into complacency, reassured by the comforting promises of security. But...
You've probably heard it all before: USDC is the good guy, the transparent, regulated stablecoin. USDT—the Wild West dollar-pegged operator, surviving on market share even as its previous misdeeds come back to haunt it. What if I told you that this black-and-white narrative is not just misleading, but actually very...
DeFi lending protocols, such as Aave and Compound, are driving the recovery, showing a strong upward trend and gaining more market share. In terms of usage, these protocols have experienced fantastic expansion, as open borrows have skyrocketed by nearly 960% from Q4 of 2022 to Q4 of 2023. With crypto...
The numbers don't lie. Centralized finance (CeFi) lenders imploded and brought billions of customer deposits with them. At the same time, DeFi lending went to work recreating itself. We’re no longer just debating lending protocols—most of which have deployed inflationary governance/utility tokens to boot—that are comparable in TVL to DEXs....
The DeFi (Decentralized Finance) landscape is ever-changing, with new sectors of the space rising to the forefront and making noise on various weeks. Most recently, DeFi lending protocols took the lead over Decentralized Exchanges (DEXs) in Total Value Locked (TVL). As of October 2023, DeFi protocols have climbed to a...
In recent years, stablecoins have become a bedrock of the entire cryptocurrency market. They produce an important conduit between established monetary and the burgeoning world of digital belongings. Of all the different types of stablecoins, USD Coin (USDC) and Tether (USDT) have emerged as the top two beacons of stability....
The numbers don't lie. DeFi lending’s Total Value Locked (TVL) is through the roof! It’s overtaken decentralized exchanges (DEXs), proved that sustainable yields are possible and reanimated the crypto lending scene. Can we, at the very least, question whether we’re seeing the complete picture? While DeFi lending's growth offers legitimate...
