<a href="https://finbold.com/review/allianceblock-review/">AllianceBlock</a>, the decentralized finance (<a href="https://finbold.com/guide/liquidity-mining-definition/">DeFi</a>) infrastructure center that creates seamless bridges between decentralized and traditional <a href="https://finbold.com/category/finance-news/">finance</a>, announced on December 14 the launch of a new privacy-focused smart <a href="https://finbold.com/guide/crypto-wallets/">crypto wallet</a>– Nexera ID.&nbsp;

<a href="https://ambcrypto.com/where-will-synthetix-snx-end-up-after-the-latest-sip-276-proposal/">Synthetix</a> has slowed down in 2022 in its <a href="https://ambcrypto.com/the-defi-saga-of-rune-ldo-snx-leave-investors-in-awe/">DeFi</a> pursuits, just like many crypto networks have during the bear market. Regardless, the network remains committed to its long-term pursuits and this was evident in its latest endeavor.

The week prior to Nov. 16 provided decentralized Finance (<a href="https://cointelegraph.com/defi-101/defi-a-comprehensive-guide-to-decentralized-finance">DeFi</a>) with a significant<a href="https://cointelegraph.com/news/defi-platforms-see-profits-amid-ftx-collapse-and-cex-exodus"> influx in fees</a> after the centralized exchange (<a href="https://cointelegraph.com/explained/centralized-cryptocurrency-exchanges-explained">CEX</a>) exodus triggered by FTX’s bankruptcy. The temporary high inflows to DeFi propelled GMX to <a href="https://cointelegraph.com/news/dex-token-gmx-rallies-35-after-beating-uniswap-on-trading-fees-for-the-first-time">outperform Uniswap in protocol fees</a>.

The Ethereum ecosystem continues to grow in popularity thanks to a loyal community betting big on the development of decentralized applications (dApps) and decentralized finance (DeFi) products. While there are thousands of ERC20 tokens, knowing which token or project to invest in takes time and effort. This is why it is worth keeping an eye on BudBlockz (BLUNT) - a new ERC20 token that offers unique investment opportunities while trying to solve real-world issues.

The South Korean company will use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.

The emergence of Maple Finance brought a different approach to the entire process. This bold DeFi lending protocol requires no deposit of extra crypto tokens as collateral for borrowing.

Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined to develop the blockchain technology and zero-knowledge components of Panther.

DeFi 2.0 is the second generation of decentralized finance, with projects addressing the issues that plagued the “first version.” How does it work? Is it truly necessary?

With more than $850 million in circulating supply, Avalanche’s native USDC on Coinbase gives crypto traders and major institutions the best fiat-to-crypto experience in Web3

SynFutures, a decentralized exchange on the Polygon network, said its new V2 upgrade will allow for the permissionless listing of futures trading pairs. The Singapore-based company, backed by the crypto investment firms Polychain and Dragonfly, says the new upgrade could meet growing interest among retail traders in decentralized finance, or DeFi. The trend accelerated after the collapse of Sam Bankman-Fried’s FTX exchange and Three Arrows Capital added a “sense of urgency to the need for transparency and retail user protections,” SynFutures said in a press release. (Coindesk)