The decentralized finance (DeFi) sector is growing by leaps and bounds. Today, there are hundreds of DeFi applications offering users vast earning opportunities with billions of dollars traded and locked across these protocols. However, as more of these DeFi platforms emerge, they become even more complicated...
After several days of freefalls and dropping below $40,000, bitcoin has calmed around that level. Most altcoins are also rather stagnant today, with one obvious exception – Shiba Inu. The memecoin skyrocketed to multi-month high following news about getting listed on Robinhood. BTC Stalls at $40K Bitcoin’s...
Former Facebook product manager Frances Haugen rattled cages at the firm last year when she exposed thousands of documents accusing the social media platform of spreading misinformation. The files revealed sensitive content that ranged from human trafficking to harmful nationalist groups to Covid-19 vaccine misinformation. At...
Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as...
On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in violation of the international sanctions framed under The International Emergency Economic...
The private equity firm’s latest move demonstrates that traditional investment firms have started buying Web.3.0 projects as part of their investment thesis. A growing interest in a decentralized internet built on blockchain networks continues to incentivize big money to bet on small and medium-sized crypto...
Blockchain gaming platform, Animoca Brands, has completed the acquisition of French game developer – Eden Games. The latter is the publisher of popular racing games including Need for Speed: Porsche Unleashed, F1® Mobile Racing, and the franchises Gear.Club, Test Drive, and V-Rally. The focus will be...
The United States continues its exploration of a central bank digital currency (CBDC) as the main processor for US securities said it is developing a prototype for studying how such an asset can work in reality. The main goal is to examine how real-time transactions...
The US Bureau of Labor Statistics (BLS) unveiled the Consumer Price Index (CPI) reading for March 2022 earlier today. It showed year-over-year inflation at 8.5%, breaking another 40-year high. The CPI tracks the prices of common consumer goods in the United States, such as food, energy,...
The American financial services company – Robinhood – allowed its customers to deal with Shiba Inu (SHIB), Solana (SOL), Polygon (Matic), and Compound (COMP). The additions come after last week, the firm rolled out its cryptocurrency wallet to two million users. According to a recent blog...