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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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

- 830 days ago 2 mins
830 days ago
16
Aug
Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism

Iron Bank – aggregate lending solution developed by Yearn Finance and DeFi Andre Cronje chose

- 830 days ago 2 mins
830 days ago
16
Aug
Acala Successfully Regain Peg For AUSD After 2 Days Of Problems

Acala was attacked by an attacker who took advantage of a vulnerability in the iBTC/aUSD

- 830 days ago 2 mins
830 days ago
16
Aug
Acala Makes Proposal To Burn 1.28 Billion aUSD After Hacking Investigation

The stablecoin Acala (aUSD) of the Polkadot ecosystem was hacked over the weekend, and the

- 832 days ago 2 mins
832 days ago
15
Aug
Justin Sun Regained Access To Aave

Justin Sun’s AAVE account is back up and running after almost a day of account

- 832 days ago 2 mins
832 days ago
14
Aug
Hacker Attacks Acala Network But Still Can’t Transfer ACA Token

CoinCu continues to update on the attack on the Acala platform that caused 1.2 billion

- 832 days ago 2 mins
832 days ago
14
Aug
Velodrome’s Gabagool.eth Admits Taking Project Money Due To Trade Loss

As CoinCu reported in a recent article, Velodrome has announced that a team member known

- 833 days ago 2 mins
833 days ago
14
Aug
Velodrome Was Stolen $350,000 By Their Own Member

Velodrome announced Saturday that a team member known for the Gabagool.eth account stole funds from

- 833 days ago 2 mins
833 days ago
13
Aug
Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun

0.1 ETH was apparently sent to well-known ENS accounts from sanctioned addresses. DeFi platforms such

- 833 days ago 3 mins
833 days ago
13
Aug
All About Aave Protocol’s Activity In The Last Quarter

Dubbed the “Ghost Protocol,” Aave is non-custody lending and borrowing platform that operates primarily on