One of the earliest autonomous automated market makers is the Morphswap protocol. In DeFi, it works with several chains. The protocol’s implementation has increased the number of supported chains for asset bridging. Avalanche and optimism are included in the expansion. The first milestone of the procedure has been reached with this incident. Within two months […]
Thomas Moser, a Swiss National Bank board member, has voiced his concern. CBDC offers the most significant stability potential and provides the fewest dangers to DeFi’s growth, he says (SNB). Moser told Cointelegraph; stablecoins are sectors such as DeFi that need a stable currency to grow. The Push Toward Digital Asset Centralization In contrast to […]
With the chaos in the cryptocurrency market this year, it’s a surprise that a certain coin is still able to make money while others like bitcoin and Luna are making considerable losses and finding it hard to get out of the situation in which they find themselves. Considering this is just the first Quartile, the […]
Popular cryptocurrency exchange LBank merged with ETHDubai to hold an exclusive event. The event, which took place at LBank Labs, was scheduled to discuss the development of the ETH blockchain and sensitize people about the new internet iteration Web3. The event was graced by prominent venture capitalists, blockchain speakers, CEOs and founders of crypto firms, […]
The decentralized finance ecosystem keeps evolving with each passing period, taking new twists and turns in line with the market’s advancement. The Ethereum blockchain technology has been the most dominant of all in the blockchain sphere as it has no equal. For some time now, no blockchain player has matched its dominating shadow. But nothing […]
Cardano now has a new DEX (called ADAX) five months after enabling Smart contracts on the platform. Part of the official announcement from the Cardano team indicated that the new DEX is an integral part of the long-term development of the Cardano community. The Cardano team had previously launched a testnet for the ADAX platform […]
There was a security breach at the Poly Network earlier this month during which a considerable amount of cryptocurrency was stolen along with the personal information of hundreds of users. Now, after almost a whole month, the hacker responsible for the Poly Network attack has shared with the world the news of a digital key […]
Cryptocurrencies such as Bitcoin and Ethereum have been around for some time now and they not only have a gigantic market cap, but the adoption rate for both are pretty solid in terms of institutionalizing. Ethereum is more solid in aspects of its blockchain platform more in use by institutions and financial enterprises, while Bitcoin […]
DeFi or decentralized finance is something that got introduced by the blockchain systems and the rolling of the cryptocurrencies in the first place. This is because digital assets provide users with the securest and most cost-effective way of sending and receiving payments all over the globe. The DeFi protocols or the Binance smart chain did […]
GameStop’s drama is finished, yet it might flag enormous changes ahead for the economics. Here’s the reason why some financial experts think DeFi will take over conventional finance. Back in 2008, a relief fund in the name of a bank bailout was established to stabilize the currency. Due to the financial crisis, the US government […]
This weak cryptocurrency has reached new milestones, such as claiming a $1.5 trillion global crypto market cap. Uniswap, the largest decentralized crypto exchange, becomes the first DEX platform to process $100 billion in cumulative trading volume. Bitcoin to Reach $50,000 On Monday, the leading digital asset dropped below $46,000 but soon recovered above $48,000. Currently, […]
Leading decentralized crypto exchange Uniswap achieves another milestone as its cumulative volume has touched the mark of $100 billion. The rise of decentralized exchanges has challenged centralized exchanges in volume and users as people want no intervention from a third party. Users want full control of their accounts and wallets and do not want a […]
