The crypto space is constantly evolving, with novel features regularly developed and implemented. Volatility in the cryptocurrency market prompted the creation of a type of coin specifically immune to the market's swinging effects. Investors desired a coin that could...
Decentralized Finance (DeFi) is a cutting-edge, blockchain-based finance that does not depend on centralized financial intermediaries (such as exchanges or banks) but uses smart contracts built on blockchains. DeFi differs from traditional financial services in that a transaction can...
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,...
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 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...
