Day: 27 May 2022

Uniswap (UNI), Chainlink (LINK), Sushiswap (SUSHI), and 1inch Network (1inch) are among the decentralized finance cryptocurrencies that have had significant price drops in the last 48 hours. According to data from CoinMarketCap, UNI (the native currency of the renowned decentralized exchange Uniswap) has plummeted more than 8.7% in the last ...

High-risk assets such as crypto and equities have been experiencing a downtrend throughout 2022 due to weak macroeconomic conditions exacerbated by Russia's invasion of Ukraine in February. DeFi tokens, however, have been hit harder than the rest of the market. Although DeFi has a clear product-market fit and solid fundamentals, ...

As we keep up with technological advancements, we often find ourselves in a dilemma about how they affect our daily lives. Due to globalization and innovation, many individuals are now concerned about the future of their professions, and their options for earning a living are steadily declining. There is a ...

TRON has surpassed Terra as the third-largest blockchain in terms of total value in its DeFi protocols. This happened less than a month after TRON launched USDD, an algorithmic stablecoin that works similarly to Terra's now-defunct UST.  TRON's DeFi ecosystem is gaining traction thanks to a new high-yielding stablecoin.  TRON's ...

In recent years, cryptocurrency regulation has been a hot topic. The world has evolved from countries disregarding the existence of cryptocurrencies and not regulating their usage to countries actively developing crypto legislation. Different countries regularly issue regulations governing the use of cryptocurrencies, crypto mining, and associated activities. There are regulations ...

As the crypto space expands, new types of assets emerge, such as synthetic or derivative assets. The value of this type of crypto asset is derived from the underlying cryptocurrency or other assets that it represents. Due to the illiquidity of Proof of Stake networks, synthetic assets have increased in ...

With the recent plunge in the value of LUNA and UST, a slew of controversies has surrounded the project and its development team. To salvage the situation, Do Kwon organized a voting session in which community members participated. The voting session included a proposal, and holders of native tokens were ...

The Portuguese Parliament has rejected two crypto taxation proposals sent to the House for deliberation by the lawmakers. These proposals were brought before the Portuguese MPs during their budget debate.  The two proposals originated in the minority left-wing sections of the Parliament, the Bloco de Esquerda (Left Bloc) and Livre. ...