[ad_1]
Reuters
Cryptoverse: Cryptographic lenders face DeFi driving
Cryptocurrency lenders have grown exponentially over the last two years, raising tens of billions of dollars in Bitcoin, ether and other coins, lending and investing them. In many cases, we invested in highly profitable decentralized finance (DeFi) projects. But as the crypto market falls, DeFi activity can be particularly devastated, robbing lenders of the most profitable returns and putting pressure on the entire sector-headlines when freezing withdrawals and transfers last week. It goes far beyond the Celsius network we grabbed. According to data provider Glassnode, Ethereum-locked total value (TVL) is an indicator that seeks to track the value of tokens deposited with various DeFi protocols, which is $ 124 billion, or 60%, in the last six weeks. It has decreased.
[ad_2]