ReDeFining growth: Innovative trends impact evolution of blockchain tech

[ad_1] Over the last year, the decentralized finance space has been making waves in the financial sector, building on blockchain technology to decentralize a multitude of banking services. The adoption of DeFi services has been steadily on the rise, and all kinds of assets are making their way onto the blockchain. With nonfungible tokens popularizing … Read more

Fei Labs raises 639K ETH in genesis event

[ad_1] Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over 17,000 contributors, highlighting once again the market’s growing appetite for digital assets and decentralized finance.  A total of 639,000 ETH was committed to the so-called minting of the FEI stablecoin, the company … Read more

DeFi-ing the odds: Why DeFi could rebuild trust in financial services

[ad_1] To function effectively, society has long depended on people having faith in their institutions. Thanks to the COVID-19 pandemic and wide-ranging failures of leadership, that faith has been tested like never before. Nowhere is the decline in trust more evident than in the financial services sector. In its 2021 Trust Barometer, Edelman found that … Read more