Technology

Set to Unfold on August 15th, the pilot endeavors will encompass a consortium of 13 banks alongside a carefully chosen cohort of clients. This strategic move underscores Russia’s transition from extensive bank-oriented trials to consumer-focused testing, signifying the nation’s strides in crafting its Central Bank Digital Currency (CBDC). The digital ruble’s overarching...

Layer-1 Blockchains are vital players in Decentralized Finance’s growth, even amid regulatory Scrutiny. The modern cryptocurrency ecosystem thrives on scalable blockchains like Ethereum, Solana, and Cardano, which power notable Decentralized Finance technologies such as NFTs. Billions of dollars from investors have poured into this industry over the past five years. However, regulatory...

In recent times, the Decentralized Finance (DeFi) sector on the Solana blockchain has encountered various challenges, including hacks, FTX crashes, reduced liquidity, and network interruptions. However, surprisingly, Solana has shown resilience and strength amidst these difficulties. The credit goes to the dedicated efforts of the Solana team and developers, who have worked tirelessly to...

Following the recent attacks on decentralized finance (DeFi) protocols, Binance CEO Changpeng Zhao addressed Binance users through social media, providing reassurance that their funds remain secure and unaffected by the ongoing security issues. Millions of dollars’ worth of cryptocurrencies were stolen in the targeted attacks on Curve’s liquidity pool, which is a widely used...

Tron, a DeFi alternative to Ethereum, commands over 11% of the total value locked (TVL) in the DeFi industry. TRX, Tron’s native token, ranks among the top 10 cryptocurrencies with a market cap of $7.15 billion and a Year-to-Date (YTD) return of 45.5%. The good side is Tron’s investment ecosystem’s growth due to robust protocol […]

Be cautious of airdrops; scammers exploit the popularity of free tokens. While crypto airdrops offer an excellent opportunity to receive free tokens and help promote cryptocurrency projects, there’s a need for vigilance. Fraudsters misuse the appeal of free assets through fake airdrops to deceive unsuspecting victims. How can you identify and avoid falling prey to […]

Japanese Prime Minister Fumio Kishida Acknowledges the Transformative Power of Web3 During WebX ConferenceThe Japanese prime minister, in the recent Asia’s Global Conference, made the statement that Japan is ready to embrace Web 3. Web3 holds the promise of revolutionizing the conventional Internet structure and triggering profound societal transformations. Acknowledging the formidable...

Decentralized Finance 2.0, also known as DeFi 2.0, represents the next generation of decentralized finance. In this comprehensive article, we will explore all aspects of this cutting-edge financial innovation and its profound impact on the technology sector. As DeFi approaches the realms of upgrades and redesigned models, it becomes crucial to gain a solid comprehension […]

DeFi (Decentralized Finance) has experienced a remarkable increase in its growth rate. At first, it was centralized around the ETH (Ethereum) network. Nevertheless, as technology continues to develop, Decentralized Finance has started to spread its tentacles into the Bitcoin network. This article is targeted at giving readers a clear insight into BitFi, its development within […]

The cryptocurrency industry is developing, making it simpler for investors to do speedy transactions with low fees. However, cryptocurrency’s volatility might make it challenging to use as a means of payment, which causes investors to be wary. This is where stablecoins come in, as they help to protect against the volatile nature of crypto assets. […]