Decentralized finance, or DeFi, is a subset of the cryptocurrencies and blockchain industries that aims to provide a decentralized version of traditional financial services.

Financial firms in the mainstream provide consumers with services such as cash storage and loans. These services, however, are regulated by centralized bodies.

At CoinCu News, we provide you the most up-to-date information about DeFi and how it may help us better our present financial system.

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Avatar of Harold

Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

DeFi

Fantom Proposes Reducing Token Burn Rate To 5% To Fund For dApp Affiliate Program
- 722 days ago 2 mins
722 days ago
2
Dec
Fantom Proposes Reducing Token Burn Rate To 5% To Fund For dApp Affiliate Program

According to a recent request dated December 1, directed acrylic graph network Fantom wishes to

02
Dec
Ankr Hacker Exchanged Stolen Money For 5,500 BNB And 5.34M USDC, Equivalent To About $7M
- 722 days ago 2 mins
722 days ago
2
Dec
Ankr Hacker Exchanged Stolen Money For 5,500 BNB And 5.34M USDC, Equivalent To About $7M

Although the Ankr Staking platform has claimed their assets are safe and they are working

02
Dec
Trader Joe Expands To Layer-2 Arbitrum
- 723 days ago 3 mins
723 days ago
2
Dec
Trader Joe Expands To Layer-2 Arbitrum

Trader Joe, a decentralized finance (DeFi) platform, has announced its first extension from Avalanche to

02
Dec
Ankr Staking Assets Remain Safe, aBNBc Token 10 Trillion Attack Was Stopped In Time
- 723 days ago 2 mins
723 days ago
2
Dec
Ankr Staking Assets Remain Safe, aBNBc Token 10 Trillion Attack Was Stopped In Time

After receiving a warning about the attack of about 10 trillion aBNBc tokens that have

02
Dec
Compound Proposed Increase 150,000 WETH Supply On Comet
- 723 days ago 2 mins
723 days ago
1
Dec
Compound Proposed Increase 150,000 WETH Supply On Comet

The Compound community is poised to vote on raising the supply limitation for wrapped Ethereum

01
Dec
Auros Global Takes 2400 wETH Debt For FTX Crisis
- 723 days ago 2 mins
723 days ago
1
Dec
Auros Global Takes 2400 wETH Debt For FTX Crisis

Auros Global, a cryptocurrency trading company, is suffering from FTX contagion after failing to make

01
Dec
Telegram Fragment Sold $50 Million Username, Towards Creating Crypto Wallet And DEX
- 724 days ago 2 mins
724 days ago
30
Nov
Telegram Fragment Sold $50 Million Username, Towards Creating Crypto Wallet And DEX

Pavel Durov, the founder of Telegram, just announced Fragment sold $50 million worth of usernames

30
Nov
MakerDAO Voting Increases DAI Annual Yield Up To 1%
- 725 days ago 1 mins
725 days ago
29
Nov
MakerDAO Voting Increases DAI Annual Yield Up To 1%

The community of the decentralized financial company MakerDAO is voting to increase the yearly return

29
Nov
Compound Finance Imposes Lending Limit After Aave Incident
- 725 days ago 2 mins
725 days ago
29
Nov
Compound Finance Imposes Lending Limit After Aave Incident

Faced with a serious incident from Aave that took place last week, Compound Finance quickly

29
Nov