the cryptocurrency market has seen a host of notorious people trying to scam users, especially during a market-wide bull run. Now, while there has been a rise in such illicit activities, a new stream of fraud involving the cryptocurrency market has also emerged lately.
Qiswap, a decentralized exchange built on the qtum blockchain, has just moved to mainnet to become a major building block for decentralized finance (defi) on qtum.
ethereum moved from exchanges to defi is continually growing. According to the report, ethereum investors have been continually withdrawing their eth from centralized exchanges and into defi smart contracts beginning mid-august. Furthermore, ethereum from private wallets is also being transferred to the said defi smart contracts.
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decentralized finance, commonly known as defi, has been the hottest talking point in the digital asset markets in 2020.
since the beginning of the year, we have seen some major breathtaking events that have happened in the crypto space. The second week of march saw a catastrophic event take place in the digital assets market as bitcoin made a massive price decline to half its price.