The rapidly evolving world of cryptocurrencies is frequently hailed as the ‘future of finance,’ presenting numerous opportunities for investors, but it’s not without its dark side. The surge in crypto crimes, with figures quantifying to about $24 billion in 2023, […]
TrueUSD (TUSD), a stablecoin ostensibly pegged to the United States Dollar, is experiencing a tumultuous journey towards maintaining its value at a steady one dollar mark. This unsettling trend has occurred amidst a series of reported redemption issues that have
Is TrueUSD Truly Stable? Redemption Issues Question the Credibility of this Stablecoin Read More »
The decentralized finance (DeFi) sphere is perpetually bustling with fresh developments as innovative platforms continually strive to enhance their offerings. One such noteworthy evolution is set to emerge in the form of Frax Finance’s latest brainchild, Layer 2 Fraxtal. As
In a robust vote of confidence for the potential of decentralized finance, Woo Network has managed to raise an impressive $9 million to enhance liquidity of its native exchange, WOO X. The participation of prominent liquidity providers like Wintermute and
As we step into a new era of digital financial systems, many foresee 2024 as a significant year for Bitcoin and the cryptocurrency market as a whole. This prediction is being propelled by several factors that could potentially bring about
As the rapid onset of digital innovation revolutionizes finance, we witness the international Babel toiling over the creation of Central Bank Digital Currencies (CBDCs). As they emerge, so do the vigilant and unyielding gatekeepers, aiming to keep these burgeoning technologies
In the ever-evolving landscape of decentralized finance, one platform has recently surpassed the rest in trade volume. Decentralized exchange dYdX has taken the lead as the largest DEX by volume, outpacing even its notable counterpart, Uniswap. This remarkable feat attests
dYdX Takes the Lead: The New Largest DEX by Trading Volume Read More »
In a recent development, the European Union has provisionally agreed to enforce stringent cryptocurrency due diligence measures to counteract money-laundering activities. With this new decree, the Union is all set to tighten its grip on the digital finance space and
EU Tightens Cryptocurrency Regulations to Combat Money Laundering Read More »
In the rapidly evolving landscape of decentralized finance, MetaMask, a popular Ethereum wallet, is reportedly refining a distinct technological approach to augment the Ethereum network’s overall efficiencies. This stealth project has the potential to cause significant ripples in the way
In a recent revelation, executives at Magic Leap, a prominent player in the virtual reality sector, opined that the newly-emerging digital landscape, known as the metaverse, needs to place a significant emphasis on real-world applications. According to them, this metamorphosis
Reimagining the Metaverse: Magic Leap Advocates for Emphasis on Real-World Applications Read More »
