DeFi Lending Explained: How Crypto Loans Work in Decentralized Finance
The Crypto Times » DeFi
by Gopal Solanky
2M ago
Decentralized finance (DeFi) has emerged as an innovative alternative digital finance spectrum to traditional finance. Unlike traditional finance, DeFi eliminates the need for intermediaries, allowing users to directly engage in lending, borrowing, trading, and more. Despite being too tech-heavy, DeFi has reached billions of valuations in less than a decade since its inception. According to DefiLlama data, there is over $57 billion of total value locked (TVL) in different protocols. This amount once peaked at nearly $180 billion in November 2021. This article delves into the innovative realm o ..read more
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Odessey of GameFi: A Passive Income Source For Online Gamers
The Crypto Times » DeFi
by The Crypto Times Team
2M ago
Crypto Gaming, or GameFi as it’s now more commonly known, has undergone remarkable growth in the last few years. Multiple projects have achieved widespread adoption, thanks to their cross-demographic appeal that’s captured the interest of the global gaming community as well as crypto enthusiasts.  What’s more, this convergence of gaming mechanics with decentralized finance markets has boosted the latter as much as the former: the P2E trend, for instance, has been instrumental in demystifying digital assets and cryptocurrencies, further encouraging mainstream integration. In a relatively s ..read more
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Is It Really Safe To Deposit Funds in Blast? 
The Crypto Times » DeFi
by Gopal Solanky
5M ago
If you are really into decentralized finance (DeFi) currently, you must have heard of Blast, the new layer 2 network. Blast has gained significant attention from the crypto community over the past couple of days after its announcement on November 20. The yield-focused L2 is developed by Pacman, the same person behind the NFT marketplace Blur, while it is backed by several prominent DeFi players and a leading VC firm Paradigm. While having such a strong foundation, Blast reached a TVL of over $230 million within two days, but wait.. it has no mainnet yet so where users’ funds are going really ..read more
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KleverChain’s Bold Leap into DeFi: What You Need to Know
The Crypto Times » DeFi
by Guest
5M ago
Decentralized Finance (DeFi) has become a transformative force for enabling open access to financial services, from lending and borrowing to trading and staking, all without traditional centralized intermediaries. Despite its growth, the DeFi sector still grapples with significant challenges, including complex user interfaces, fragmented ecosystems, and concerns over transaction security and smart contract vulnerabilities. Addressing these issues is crucial to fostering trust and facilitating widespread adoption. Here is where Kleverchain comes into play. KleverChain enters this space with a c ..read more
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How Zero-Knowledge Proofs Will Scale Up Crypto Space
The Crypto Times » DeFi
by Rajpalsinh
5M ago
While the crypto and blockchain space is pushing boundaries and reaching new heights, a myriad of new concepts and developments is filling up the space. These innovations are crucial in creating a safe, secure, and sustainable environment in the digital space. Zero-knowledge proof is such a digital concept that it is currently widely buzzing in the crypto space. So, let’s dig into this topic! What Is Zero-knowledge Proof? Zero-knowledge proof is the cryptographic protocol that allows users to prove their claim to others without revealing actual details of their claim or identity.  Zero-kn ..read more
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Avalanche Network (AVAX): A Close Look at the ‘Ethereum Killer'”
The Crypto Times » DeFi
by Rajpalsinh
6M ago
Imagine a world where blockchain isn’t just a tech buzzword but the superhero of the digital realm. Now, enter the Avalanche Network, a place where speed, scalability, and innovation aren’t just promised – they’re delivered faster than your favorite pizza. This isn’t just any old blockchain; think of it as a rocket ship in a world of hot air balloons, zooming past the competition with a trail of icy coolness. It’s like the cool new kid on the block who not only plays electric guitar but also solves Rubik’s cubes in record time. Dubbed the “Ethereum Killer,” Avalanche is turning heads and makin ..read more
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Friend.Tech: A Soaring Social Marketplace or a Passing Trend?
The Crypto Times » DeFi
by Olumide Ogunjobi
6M ago
Have you heard about a social media platform that has been racking up millions in trading volume lately? The decentralized platform is called Friend.Tech. The platform, which calls itself “the marketplace for your friends, has received so much hype lately by taking the crypto world by storm. But some folks are asking if worth getting involved with.   Well, let us dive into the main gist of the mystery surrounding this new technology, learn about how it works, and see if it is safe to board the hype train. What is Friend.Tech? Friend.Tech is a decentralized social media (DeSo) network ..read more
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Web3 AppChains: Revolutionizing Decentralized Applications (dApps) and Beyon
The Crypto Times » DeFi
by Maxwell Mutuma
6M ago
While the number of blockchain networks and decentralized applications (dApps) is rising, Recent Web3 AppChains and cross-chain compatibility developments have allowed the decentralized ecosystem to explore new avenues of opportunity. Through these developments, users can feel at ease while interacting with any blockchain networks or dApps, irrespective of what digital asset they are holding, while enjoying higher scalability and security.  However, the term “Appchains” is relatively new in the blockchain space, and one can find it difficult to comprehend properly. Simply put, Web3 AppCha ..read more
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Taking DeFi to the Next Level: A Comprehensive Look at Radix DLT
The Crypto Times » DeFi
by Olumide Oginjobi
7M ago
While Ethereum has laid the tracks for DeFi trains, Radix DLT is here to become the new Ethereum, promising high-speed express to the next generation of DeFi. Radix DLT strives to become a new base layer specifically to ensure safe and scalable finance with decentralised attributes. The Inclusiveness of Radix offers a range of DeFi solutions to onboard a range of financial products currently unavailable in the DeFi landscape. At the same time, it filters out numerous loopholes in the existing blockchain network to safeguard it against exploitations and hacks.  Meanwhile, similar to other ..read more
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How Top DEXs Attract and Retain Liquidity Providers: A Beginners Guide
The Crypto Times » DeFi
by Sagar Thakkar
7M ago
While the DeFi space is walking turtle walk, behemoth decentralised exchanges like Uniswap plays pivotal role to attract newbies as well as retaining existing ones. The DeFi space full of opportunity promises its outstanding returns on basis of their investment and treading strategy. One of the ways to make money in the cryptocurrency realm is by becoming a liquidity provider or staking your money in return for incentives. There are numerous platforms are available, where one can find these fruitful products, but choosing top-notch platforms are the priorities of smart traders.  Have you ..read more
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