The next generation of decentralized finance protocols and services will need to offer better security and protection to users. Insurance packages are currently a novelty in the industry, but that may not be the case for much longer. Shield Finance has a bold vision to combine the best of DeFi and insurance into an accessible…
If you’ve paid any attention to the cryptocurrency industry this year, you’ll know that meme- and food-inspired altcoins have generated spectacular returns. Whether it’s Elon Musk’s favorite DOGE, the SUSHI governance token, or some other baffling blockchain-based asset, the impressive performance of certain altcoins has provoked an enormous amount of mainstream interest that has pushed…
Bitcoin has been making headlines nearly every week this year. It started with the digital currency’s bullish run in January and February 2021 that culminated in an all-time high of $60,000. It’s also been trending on Twitter, with celebrities and billionaires like Elon Musk endorsing it constantly. So, what’s the deal about Bitcoin? Why is…
In the last week of April, as the price of Bitcoin was trading sideways, Ethereum received a welcome boost after news emerged that the European Investment Bank had issued its first-ever bond on the platform. The lending arm of the European Union, the EIB has minted bond-backed Ethereum tokens worth €100 million, due to mature…
In order to encourage developers to join and build on their platform, Fantom Foundation has taken quite a few steps to ensure that developers will be comfortable creating within the platform and that issues of the past will not be a roadblock with their work on Fantom. The most notable stride has been Fantom’s recent…
One of the promising decentralized finance (DeFi) platforms, Don-key, has raised fresh capital for expanding its product lineup. It was announced that Don-Key completed a $2.2 million seed round led by Black Edge Capital, AU21. Genesis Block Ventures, Spark Digital, MarketAcross, Solidity Ventures, MoonWhale, and Morningstar Ventures. Don-Key, which operates a Defi yield farming platform,…
It is common knowledge that Bitcoin was the first decentralized cryptocurrency. It was developed in the year 2009 by Satoshi Nakamoto. However, today, there are a wealth of digital currencies in place and are commonly referred to as ‘altcoins.’ In fact, it is estimated that the number extends beyond 4000. Before understanding how companies are…
Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them. Pundits have dubbed this movement of fulfillment-seeking workers and their money the ‘YOLO economy’. Cryptocurrency, now able to bring its promise of financial freedom to the masses via…
OKEx, a prominent crypto exchange and derivatives platform in the industry has announced the inclusion of Chia Network’s native crypto asset. The listing of XCH went live on May 3, enabling users to trade XCH/USDT and XCH/BTC trading pairs. A creation of Bram Cohen, known for inventing the BitTorrent Network, Chia Network is a highly…
KnitFinance’s objective is to enable DeFi on Multiple chains which is limited to only two at present and to reduce entry barriers and asset risk for potential users. The platform has been designed to achieve the same with an architecture that is completely decentralized and is solely dependent on user consensus for governance. Its the…