What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

The decentralized finance (DeFi) sector aims to remove intermediaries like central banks and brokers from financial transactions, focusing mainly on crypto-based services. In this article, we’ll explore liquidity pools, often described as the driving force behind the smooth operation of DeFi protocols. Liquidity pools allow users to quickly convert assets…

Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

Huobi Global Launches Investment Arm Named Ivy Blocks to Focus on DeFi, Web 3 Projects

Huobi Global, one of the largest trading platforms in the world by volume, has launched a new venture capital arm aimed at investing in upcoming blockchain, Web 3 and decentralised finance (DeFi) projects. The spinoff is called Ivy Blocks, and has over $1 billion (roughly Rs. 7,770 crore) in assets…