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Revolut To Offer High Yield Staking in UK and EEA
Revolut, a digital banking service, is offering cryptocurrency staking to customers in the United Kingdom and European Economic Area (EEA).
DeFi News
5 Crypto Innovations That Didn’t Exist 5 Years Ago
Waves Dubbed “Next LUNA” After Stablecoin Depegs From $1
Maple Finance Drops Orthogonal Trading Due to Fraud
Ukraine Gov’t To Amplify and Rev Crypto Mass Adoption
The New Italian PM Dismisses Electronic Money
Ankr Was Hit by a Multi-Million Dollar Exploit on Dec. 1
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Crypto News Land has been your trusted source for the latest insights, news, and updates about all things Decentralized Finance (DeFi). The emergence of cryptocurrencies starting with Bitcoin (BTC) opened our minds up to the incredible potential of encrypted funds. Now, blockchain technology, smart contracts, DApps, and new innovations have allowed us to accomplish much more with DeFi.
Ethereum introducing smart contracts allowed blockchains to deploy agreements without the presence of a third party. Now users on a blockchain platform can do more than just receive and send value. This gave rise to Decentralized Finance (DeFi) and Decentralized exchanges (DEXs) which opened borrowing, lending, and trading of value in a direct peer-to-peer (P2P) environment.
By regulating fairness and transparency DeFi protocols account for all funds on a blockchain with the added bonus of immutability. Now, options such as yield farming, liquidity pools, and P2P trading are easily found in the blockchain sector. A boom in the DeFi sector slowly led to the opportunity of on-chain governance.
DeFi opened the doors for greater opportunities for users to participate in financial services. Without much of a barrier to joining like it usually is with traditional finance (TradFi) models, the popularity of DeFi grew rapidly leading to greater blockchain adoption. Stay tuned for more exciting DeFi news on CryptoNewsLand, your trusted source for crypto news.