Category: DeFi

DeFi or Decentralized finance, a form of blockchain-based finance, does not depend on banks, brokers, exchanges or banks to offer traditional financial instruments. Instead, smart contracts are used on blockchains. The most popular being Ethereum.

Cardano Investing $100 Million to Fund DeFi

Emurgo, the financial arm for leading cryptocurrency project Cardano has announced that it will invest $100 millions in the development and maintenance of decentralized finance-based …