Criptos News

Latest news about blockchain and cryptocurrencies

DeFi Platforms See Broad Weekly TVL Decline, One Protocol Stands Out

Major decentralized finance (DeFi) platforms have seen a broad decline in the total value locked (TVL) over the past week, with only one top 10 protocol seeing growth. The fall in TVL came as prices of popular smart contract tokens like ethereum (ETH), solana (SOL), and BNB also fell sharply…. Read More: DeFi Platforms See Broad Weekly TVL Decline, One Protocol Stands Out

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Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall

A newly released report from the troubled crypto lender Celsius (CEL) shows that the company is short on its crypto obligations to customers by around USD 2.8bn. According to the report, Celsius has a net coin position of negative USD 2.845bn, split between coins such as bitcoin (BTC), ethereum (ETH), USD coin (USDC), CEL, and various other coins. The largest negative position was a USD 2,155 deficit for BTC…. Read More: Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall

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What DeFi Offers Beyond Lending for Crypto Speculation

DeFi advocates claim that his nascent industry will continue to grow and, ultimately, make good on its promises. “By removing the need to rely on intermediaries, DeFi makes traditional banking services far more accessible.” Leading DeFi protocols are now seeking exposure to real-world assets. DeFi “has passed the threshold of speculation and investment.”____… Read More: What DeFi Offers Beyond Lending for Crypto Speculation

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