Fireblocks, a digital asset custody platform, announced that it has enabled institutional decentralized finance access to Terra, the second-largest DeFi protocol by total value locked . As per the announcement, Fireblocks users can now securely access all the decentralized applications built on the Terra blockchain.
The launch is in response to Fireblocks’ early access program users, who invested over $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live.Samson Mow, former chief strategy officer at Blockstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin when it comes to providing an effective monetary network because of their lack of decentralization.
Backed by crypto venture capital firms Race Capital and Hashed, on April 24, Notifi applied its notification service to all DAOs that launched on the Solana Realms DAO platform.Cointelegraph Research fundamentally evaluatesto provide an in-depth analysis of its recent updates, including Columbus-5, the Bitcoin acquisition and others.
Decentralized algorithmic stablecoins, blockchain integration in real-world payments and 20% annual percentage yields on DeFi protocols — what is all of this, and is it really doing this? The team of experienced cryptoanalysts from the Big Four and the best universities worldwide dives deep into the blockchain’s ecosystem, community and underlying technology, assessing the potential regulatory, market and technological risks.
Majority of the DeFi tokens in the top-100 ranking by market cap traded in red, barring a few. Kyber Network Crystal v2 was the biggest gainer with a 25% rise over the past week, followed byThanks for reading our summary of this week’s most impactful DeFi developments. Join us again next Friday for more stories, insights and education in this dynamically advancing space.
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