Unlike bitcoin, which can be sold almost immediately, the NFT industry is more liquid. It can take months for someone to buy another user’s NFT. This challenge brings about the need for financial instruments in the NFT industry. Also,...
In recent times, new technologies have been developed to improve the operations of companies and benefit individuals. The world has witnessed the coming of Virtual Reality, Augmented Reality, the Internet of Things, Artificial Intelligence, Blockchain technology, and now the...
Decentralized Finance can take many forms, such as decentralized lending, decentralized exchanges, decentralized insurance, etc. DeFi insurance is the process of obtaining insurance coverage against losses in the decentralized finance space for oneself or a DeFi protocol. As a...
The need for blockchain interoperability is growing in tandem with the demand for various blockchain-based Web 3 technologies. Cross-chain bridge services have made this feature readily available, allowing users to interact with multiple blockchains from a single point. Immutable...
Recently, news of some Solana wallets being exploited and their owners losing their funds has permeated the crypto space. About $4.1 million worth of tokens were stolen from thousands of Solana wallets. At the time of the hack, there...
The crypto market is going through a rough patch, largely attributable to the bear market and Terra's crash, which has had a negative domino effect. Three Arrows Capital was once considered one of the most prominent hedge funds in...
The massive adoption of cryptocurrencies and blockchain technology has brought about lots of benefits and challenges. Blockchain technology has improved productivity and business efficiency through decentralization. Cryptocurrencies have also facilitated significant transformations in the financial industry. However, an increase...
Scammers and hackers frequently target blockchain platforms because they handle millions of financial transactions involving valuable digital assets daily. History is replete with numerous instances of crypto platforms being attacked. For instance, hackers carted away $100 million in cryptocurrencies...
As the global adoption of cryptocurrency grows, more countries are becoming interested in it. Regulations are being developed in various regions to regulate and supervise the use of cryptocurrencies. Some countries that support cryptocurrencies have even made them legal...
For a long time, venture capital firms have invested in companies they believe have the potential to be profitable. These venture capital (VC) firms are typically centralized, which means that only a few people make investment decisions. A venture...
