DeFi

Japanese Prime Minister Fumio Kishida Acknowledges the Transformative Power of Web3 During WebX ConferenceThe Japanese prime minister, in the recent Asia’s Global Conference, made the statement that Japan is ready to embrace Web 3. Web3 holds the promise of revolutionizing the conventional Internet structure and triggering profound societal transformations. Acknowledging the formidable...

The aftermath of the recent SEC ruling on Ripple has been intriguing. Some of the comments from cryptocurrency news websites make it seem like the second coming of Satoshi. Frankly, this situation poses a challenge for cryptocurrency investors. One major question it raises is whether Ripple should be classified as a financial instrument, i.e., a […]

Attorneys for the Securities and Exchange Commission (SEC) provided a sneak peek at a potential appeal regarding some aspects of the recent split decision in the SEC’s case against Ripple Labs in a Friday filing to Judge Jed Rakoff of the U.S. District Court for the Southern District of New York. The SEC lawyers argued, […]

Decentralized Finance 2.0, also known as DeFi 2.0, represents the next generation of decentralized finance. In this comprehensive article, we will explore all aspects of this cutting-edge financial innovation and its profound impact on the technology sector. As DeFi approaches the realms of upgrades and redesigned models, it becomes crucial to gain a solid comprehension […]

DeFi (Decentralized Finance) has experienced a remarkable increase in its growth rate. At first, it was centralized around the ETH (Ethereum) network. Nevertheless, as technology continues to develop, Decentralized Finance has started to spread its tentacles into the Bitcoin network. This article is targeted at giving readers a clear insight into BitFi, its development within […]

We’ll delve into the foundational layer of blockchain networks and applications, specifically Layer 0. We’ll explore its industry relevance and highlight notable examples, such as Venom. Layer 0 in blockchain optimizes network infrastructure and enhances the scalability, security, and performance of applications. It operates at the lowest level of the networking stack...

Despite the euphoria surrounding the debut of crypto enterprises in Hong Kong, no local employees have been hired as of yet, said recruitment executives. Roughly 150 businesses submitted an application on June 1 for a regional crypto license that enables them to run a cryptocurrency trading platform in the area. Even up to $25 million […]

The cryptocurrency industry is developing, making it simpler for investors to do speedy transactions with low fees. However, cryptocurrency’s volatility might make it challenging to use as a means of payment, which causes investors to be wary. This is where stablecoins come in, as they help to protect against the volatile nature of crypto assets. […]

Avalanche is a Layer-1 blockchain; like Ethereum, it was designed to tackle the Blockchain trilemma, which includes scalability, security, and decentralization. It also supports smart contracts and facilitates the creation of decentralized applications. The X-Chain, C-Chain, and P-Chain are the main chains in Avalanche’s design. AVAX, the native token, facilitates transactions, rewards...

The government of Canada has legalized the unrestricted and free trade of Litecoin (LTC) and three other digital currencies on crypto exchange platforms in the nation. This is a significant step forward for the Canadian cryptocurrency industry. The upcoming split event, set for August 2, 2023, adds to Litecoin’s positive outlook. The block reward will be reduced from 12.5 […]