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Cryptocurrency News

Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

07/16/2022

Less than a minute

2022.07.16 09:35

Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.

This past week, the DeFi ecosystem saw several new developments despite a bearish phase brought on by the lending crisis in the crypto market. Another crypto lender, Celsius, with high stakes in DeFi protocols, filed for bankruptcy. The overall DeFi market fell to new lows in the second quarter. However, a new report indicates users haven’t given up hope.

07/16/2022

Less than a minute