Introduction In March 2023, the California Department of Financial Protection and Innovation shut down Silicon Valley Bank, a financial institution headquartered in Santa Clara, California. The regulator cited substantial losses in its investments and a significant amount of money...
The blockchain-cryptocurrency industry has been making waves in the world of finance, disrupting traditional systems and opening up a new world of possibilities. Despite its many benefits, this budding industry is not immune to challenges, the most notable of...
Decentralized Finance, better known as DeFi, is an emerging FinTech area that brings cryptocurrency's blockchain or decentralized distributed ledger technology to banking and other financial services. It eliminates the need for intermediaries in cross-border transactions and, by extension, finance,...
Despite the coronavirus crisis continuing throughout the year, 2021 has been highly bullish for the crypto-verse. We have seen multiple coins rise more than a thousand-fold within months this year. Early and long-term traders and investors have made a...
The healthcare sector is plagued with discrepancies and inefficiencies, which aren't limited to rural areas as popular discourse may have us believe. Developed communities also encounter these challenges. The problems in the healthcare sector encompass more than just limited...
Stablecoins designed to maintain their one-to-one peg to a real-world asset like fiat currency such as the US Dollar, or Gold is the backbone of the crypto ecosystem. In terms of bringing much-needed liquidity to the ecosystem, stablecoins stand...
Introduction For most in the crypto industry, solving the blockchain trilemma and achieving all three fundamental aspects of a blockchain, namely decentralization, scalability, and security, sounds like an impossible task that cannot be done. However, Algorand’s team of developers...
Introduction SushiSwap, a popular decentralized exchange (DEX) built on the Ethereum blockchain was launched in August 2020. The story of its launch is quite controversial, and the event is seen as one of the most polarizing incidents to ever...
Introduction For financial institutions that issue fixed-value liabilities that are backed by assets whose value is unknown, bank runs are a common phenomenon. Recently, Iron Finance, a DeFi protocol, suffered a similar collapse in its infrastructure that saw the...
