Moscow, Thursday, April 18, 2024 – The integration of 1inch with the liquidity layer of Web3, Lumia, was announced on March 19, 2024, Orion reported. The integration would give 1inch users a firsthand experience of utilizing Lumia, the liquidity layer, and its services from centralized exchanges (CEXs) directly to DeFi. Compared to centralized exchanges, 1inch […]
Nairobi, Thursday, April 25, 2024 – Web3 socialFi-based African builder NODO platform reached its 200 000 users within the first quarter of 2024, NODO announced on April 18. The announcement said that NODO had become the pioneer blockchain in the education and community engagement sectors for the continent. It said that the surge in the […]
What exactly is a Blockchain Bridge? Blockchain, by nature, is closed off and exists as an isolated ecosystem. This is a major bane for the development of the blockchain industry as a whole, as it prevents the pooling of resources and achieving synergy. Imagine a blockchain bridge as a virtual connection that allows different blockchain […]
BEIJING, Friday, December 22, 2023- China has called for a coordinated international push to establish robust regulations governing the cryptocurrency market and decentralized finance (DeFi), according to its China Financial Stability Report released in December 2023. The latest financial stability report from the People’s Bank of China marks a notable shift in approach, emphasizing the […]
Geneva, Monday, July 31: Despite a hack that left Curve Finance with a $52 million dent, it was bailed out by a prominent group of crypto influencers, including Tron founder Justin Sun and investor DCF God. They bought up CRV at a low price, preventing Curve Finance founder Michael Egorov from being liquidated. Curve Finance […]
Cryptocurrencies are digital or virtual currencies that rely on cryptographic systems for their operation. They offer a means of conducting secure online transactions without the need for intermediaries such as banks or payment processors. Every single transaction made in the realm of crypto is meticulously recorded on distributed, tamper-proof ledgers called blockchains. Imagine a giant, […]
San Francisco, California, September 19, 2023: The decentralized finance (DeFi) protocol Balancer faced another security breach, with approximately $238,000 worth of crypto stolen on September 19, 2023. Balancer announced the attack on X, advising users not to interact with the protocol. The specific details of the attack are still under investigation, but it is believed […]
SAN FRANCISCO, Tuesday, June 18, 2024 – Decentralized finance (DeFi) protocol ‘UwU Lend’ fell victim to a security exploit that drained over $19.3 million in cryptocurrency, according to blockchain security firm Arkham Intelligence. Arkham Intelligence confirmed the exploit on June 10, 2024. In addition, UwU also said on June 10 on X: “The protocol was […]
If you are a crypto enthusiast, you may have come across the term liquidity mining but are unsure about it. The most common investment approach in this field is HODLing, which means buying and keeping the assets in their wallets until the market prices rise. However, there are many passive income ways to grow your […]
New York City, October 20, 2023: New York Attorney General Letitia James today filed a lawsuit against cryptocurrency companies Gemini Trust Company, Genesis Global Capital, and Digital Currency Group (DCG) for allegedly defrauding more than 230,000 investors of more than $1 billion. The lawsuit alleges that Gemini lied to investors about an investment program it […]
The digital age has changed how we live and operate. From social media to e-commerce, the digital world has given us access to information and opportunities previously limited to a selected few. With its vast array of uses outside of currency and payments, the digital economy is now called the Blockchain Economy. The blockchain is […]
Finance… the backbone of the global economy, provides the means for individuals, businesses, and governments to manage their financial resources. The financial system, which includes banks, insurance companies, and other financial institutions, provides services such as lending, borrowing, and risk management and facilitates the flow of capital throughout the economy. Without a well-functioning financial system, […]
NEW YORK, Thursday, December 21 – Solana (SOL) dethroned longtime rival XRP as the fifth-largest digital asset by market capitalization on Wednesday, December 20, surging over 9%, pushing its market cap past $37 billion and eclipsing XRP’s $33.5 billion valuation. This milestone marks a significant turnaround for Solana, which faced a rough 2022 due to […]
Curve Finance is an exciting, decentralized finance (DeFi) protocol that empowers you to effortlessly exchange stablecoins within the Ethereum ecosystem. Now, you might be wondering, what exactly is DeFi? It stands for decentralized finance, and it’s all about financial freedom! DeFi is a groundbreaking concept built on secure distributed ledgers similar to those used by […]
Humans wrap themselves in different materials to explore different environments. For example, divers put on wetsuits, while astronauts wear spacesuits. Similarly, cryptocurrencies require a form of wrapping to venture off into other blockchains. Hence Cardano cBTC. What is Cardano cBTC? Cardano cBTC is a cryptocurrency that is built on the Cardano blockchain and is a […]
If you are a crypto enthusiast, you may have come across the term liquidity mining, but are unsure about it. The most common investment approach in this field is HODLing, which means buying and keeping the assets in their wallets until the market prices rise. However, there are many passive income ways to grow your […]