DeFi will Succeed with Only a “Reallocation of Capital” from Top 30 Cryptos which are Mostly Dead Projects, Ethereum Advocate Argues

July 29, 2020 @ 9:12 pm By Omar Faridi |

The decentralized finance (DeFi) ecosystem has a market cap that is roughly equivalent to merely 1.5% of the market capitalization of the much-larger cryptocurrency market, according to data from Messari. Messari, a digital asset market analytics company, reveals that the market capitalization of all DeFi… Read More

Balancer, a “Decentralized” Finance Protocol, Votes to Implement a Quick Codebase Change to Prevent Large Players from “Gaming” the Platform

June 25, 2020 @ 10:47 pm By Omar Faridi |

The developers of Balancer, a “decentralized” digital asset manager and protocol, has reportedly made changes to its codebase, in order to limit or prevent large players from taking advantage of the platform to mine Blancer’s BAL governance tokens, instead of using them for crypto-asset trading…. Read More