Day: 10 August 2022

The U.S. Labor Department recently published the latest Consumer Price Index summary that discloses that the cumulative inflation rate in the United States for the past twelve months has reduced, in contrast to the 40-year high record that the country has faced.   Though the inflation rate may have dipped slightly ...

Coinbase, a popular cryptocurrency exchange, has published its financial statement for the second quarter of 2022, revealing a $1.1 billion loss. The crypto exchange attributes the company's poor financial results to the current state of the crypto markets.  The Nasdaq Stock Exchange-listed company stated in the report that they noticed ...

During the ETH Seoul 2022 conference, an Ethereum and blockchain-focused event held in South Korea, Vitalik Buterin, co-founder of Ethereum (ETH), presented several ideas that he claims are worthwhile for developers to work on.  The Ethereum creator first urged programmers to create rollups, a scaling solution that entails aggregating transactions ...

Last week, assets worth $190 million were stolen from Nomad Bridge, a cross-chain interoperability protocol, in what many referred to as "the first decentralized theft." Several stablecoins, including USDT, USDC, and Frax, were withdrawn from the bridge during the hack; some of the withdrawals were made by white hat hackers ...

Blockchain technology is gradually being adopted across major industries such as finance, telecommunications, shipping, accounting, and auditing.  DeFi is not short on ideas; rather, it is short on funding. There have been challenges with projects that simply don't measure up, and better fundraising channels are required.  Platforms that facilitate project ...

With its promise of high returns and financial freedom, DeFi has captured the attention of investors and enthusiasts alike. Whether you're looking to earn interest, provide liquidity, or invest in new protocols, DeFi offers a range of exciting and lucrative opportunities. In this guide, we'll help you navigate the world ...