Browsing: DeFi & Web3

FBTC allows Bitcoin (BTC▲$62,630.00) holders to utilize their BTC in decentralized finance without having to sell the underlying asset. The token was created by Function (previously Ignition) as a Bitcoin-backed token for cross-chain liquidity, smart contracts, and yield strategies. FBTC tokens are meant to always be backed 1:1 by BTC, which is native to the…

DeFi explained simply: decentralized finance is a blockchain-based financial system where lending, trading, payments, asset management, and insurance run through smart contracts instead of banks, brokers, or payment processors. Most activity still centers on Ethereum and EVM-compatible networks, but the DeFi stack now spans Layer 2 rollups, bridges, stablecoins, tokenized real-world assets, and AI-assisted automation.