DeFi
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CeFi Vs. DeFi: Are Centralized Platforms Adopting Decentralization to Stay Relevant?
DeFi lending has seen massive growth as borrowing rose by 959% since 2022, hitting $19.1 billion by 2024. But even with that growth, centralized finance (CeFi) is still in charge, handling nearly 89% of crypto lending through big players like Tether and Galaxy 211. At the same time, the trading activity within the sector relies…
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Cross-Chain Interoperability: How Businesses Benefit from Blockchain Communication
The advent of cross-chain interoperability solves blockchain problems through seamless communication, creating a synergy between the blockchain ecosystem and business activities. With this technology, businesses can carry out transactions at lower cost, share data and execute smart contracts across multiple platforms. For instance, companies in industries like DeFi, supply chain, and gaming have leveraged interoperability,…