Decentralized Finance is redefining the concept of loans by allowing access to a variety of loans. Overcollateralized loans and flash loans are the two main types of DeFi loans. Overcollateralized loan providers anticipate that users will submit collateral...
Mutually beneficial collaborations are essential in the blockchain space, and two leaders have partnered up to consolidate their operations. Algoracle, the Algorand blockchain's foremost oracle service, has announced a partnership with peer-to-peer social dApp 2i2i. The partnership intends...
MasterCard has initiated the process of filing fifteen new trademark applications in the blockchain space, including Non-Fungible Tokens (NFTs) and Metaverse. Mastercard has filed trademark applications with the United States Patent and Trademark Office (USPTO), according to Mike...
In the blockchain space, forks happen for different reasons. A fork may occur as a result of the requirement to implement a protocol update. For example, the Alonzo hard fork was conducted to integrate smart contract functionalities into...
Former Ethereum developer Virgil Griffith is facing a $100,000 fine and five years in prison for assisting North Korea in benefiting from the use of cryptocurrencies and blockchain to circumvent sanctions. The American developer violated regulations governing interactions...
Iranian authorities have issued guidelines for the issuance of digital currency in the country, but the rules are only applicable to the country's central bank's digital currency, the Digital Rial, and not to cryptocurrencies. The CBDC's pilot phase...
In recent times, the decentralized finance (DeFi) space has witnessed remarkable growth, achieving its intended objective of improving financial inclusion and operational efficiency. DeFi provides many opportunities for participants in the space to earn returns on their investments....
Liquidity is an issue with DeFi protocols, undermining DAOs and many other elements of DeFi.These platforms have to stretch liquidity thinner, and this may affect the projects they develop and offer users. The WOO Network was developed to...
Tanzanian financial officers are calling for a clear global policy on the use of cryptocurrencies and central bank digital currencies (CBDCs). These officials believe that more debates should be held concerning these assets before a consensus is reached...
The cryptocurrency market is highly volatile, and trading comes with the risk of incurring losses owing to different reasons. As a crypto trader, it is crucial to practice responsible trading. Astute crypto enthusiasts tend to map out a...
