The widespread adoption of blockchain technology over the last ten years has allowed thousands of fascinating projects to succeed. These projects involve a diverse range of industries and individuals, and as technology advances, more blockchain-based enterprises are likely to...
Earning a passive income and gaining financial flexibility are just a couple of the benefits of using a lending protocol. But, before you begin, a few hesitations might enter your mind. Like, how do you judge a protocol's security?...
Blockchain data reveals that Nirvana Finance, a Solana-based yield protocol, was hacked for $3.5 million using flash loans to manipulate and deplete its liquidity pools. The price of the protocol’s native token, ANA, has declined by over 80% in...
Investment decisions should always be supported by extensive research. Before investing your hard-earned money in any asset, you should consider all available indicators. Price-to-earnings ratios, historical returns, and chart patterns are some metrics you can use to understand an...
The Non-Fungible Token (NFT) space has evolved beyond the point where users hold the tokens for speculative purposes, trade them, or use them in native ecosystems. NFTs are typically used in their native ecosystems. For example, NFTs can be...
Web3 is altering the concept of the internet as we know it and the projects that are built on it. With Web3 Technology, users can benefit from a decentralized internet that gives them complete control over their data. They...
The latest issue of the Macroprudential Bulletin, published by the European Central Bank (ECB), focuses on financial risks associated with cryptocurrencies, particularly those linked to stablecoins and DeFi platforms, as well as the threat posed to goals for the...
The troubled cryptocurrency lending company, Celsius, has paid off its final significant debt. Data from Etherscan shows that Celsius returned $50 million to decentralized finance (DeFi) lending platform Compound in the form of DAI, MakerDAO's stablecoin tied to the...
The governor of the French central bank, François Villeroy de Galhau, announced on July 12th that the French central bank, Banque de France, has begun the second phase of testing for a wholesale CBDC, which may be used to...
The UK government is seeking public opinion on how to tax loans and staking for crypto assets in the context of decentralized finance (DeFi). The government is particularly keen on learning more about the taxes on crypto-asset loans and...
