The significance of crypto wallets is becoming clearer by the day, especially since some of these wallets can contain other types of digital assets, such as non-fungible tokens. There are various types of cryptocurrency wallets. Some are designed to...
Over the last few years, cryptocurrencies have completely transformed monetary systems. This, however, implies that they have also redefined money laundering. Anti-Money Laundering (AML) and Know-Your-Customer (KYC) policies are financial security measures in place to prevent fraudulent activity. Money...
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 worth...
DeFi Planet is excited to announce a new media partnership with Algoracle - the first dynamic, decentralized oracle network built on the Algorand Blockchain. Algoracle is the first decentralized oracle service on the Algorand blockchain. Algoracle’s purpose is to...
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. Common...
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 solve...
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 plan...
Tokens can be traded on multiple exchanges or trading platforms. Apart from exchanging tokens, crypto enthusiasts engage in trading activities such as margin trading, futures trading, and derivatives trading, among others. Typically, these operations are conducted on centralized exchanges...
The Initial Exchange Offering (IEO) is a token offering utilized by crypto projects to launch their tokens into the market. It is in the same league as Initial Coin Offerings and Initial DEX Offerings. Initial Exchange Offerings allow crypto...
The Decentralized Finance (DeFi) space, though largely nascent, is witnessing exponential growth. DeFi has made laudable achievements in eliminating centralization, increasing financial inclusion, and optimizing operational efficiency. Despite its impressive growth and numerous advantages, DeFi, like many other ecosystems...
