Category: DeFi
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Crypto-Launchpad Can Be The Ideal Profit Seeking Platforms
By using the Crypto-Launchpad, security is provided to founders and investors. It also provides important information about the project regarding its price and token start date of sale as well as the details about the project’s underlying technology and business model. Crypto- Launchpad With the growth of cryptocurrencies, the world is witnessing an increase in…
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Defi Protocol Curve Finance deploys Native Stablecoin on Mainnet
crvUSD launched Decentralized Finance DeFi protocol curve finance brings its native stablecoin called crvUSD to immediate action. It was done on Wednesday afternoon on the Ethereum mainnet. It has minted about $22 million worth crvUSD so far. Blockchain data on Etherscan clearly showed that more than $22 million worth of crvUSD were minted in the…
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The Super App With Web3 And Its Possibilities
Web users have space all around the world as it is a decentralized platform they do not have any governing body for the regulation of the web. The Super App is the place where you can provide all kinds of services. Including gaming, payments, servicing, and other apps all in a single application. The Basic…
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Hackers Attack DeFi Platforms, Stealing Over $21 million
According to DeFi Lama, last month, hackers hit DeFi platforms, stealing more than $21 million . The DeFi Lama data revealed that the DeFi industry had been hit by 13 attacks in February. The hackers targeting various DeFi protocols, including DODO, Alpha Homora, and Cream Finance. Hackers Hit DeFi Platforms The DODO hack was the…
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In April, Hackers Stole $93M From Cryptocurrency Projects
In April 2021, hackers managed to steal a staggering $93.4 million from various cryptocurrency projects. Averaging more than one exploit daily, according to data from blockchain security firm Peckshield. This data represents a significant decline compared to March, when hackers stole over $200 million from decentralized finance projects, but it is still a significant amount.…
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Decentralised finance the new and better form of finance.
Decentralised finance is revolutionising the field of finance as it provides more transparent and secure way of transactions. It also provides transparency as all the transactions are publicly visible and it also solves the problem of censorship. As no one can misuse his or her power to eliminate any one’s transaction. Hence is nowadays considered…
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Ethereum- A Comprehensive Guide
Etherum is a digital currency where anything you own can be constituted, exchanged, and put to use as non-fungible tokens (NFTs). To gain ethereum services you just need to have a wallet that is handled by you and the best thing is that it works without any personal information. It is home to digital money,…
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The UAE Aims At Establishing Itself As A Leading Crypto Centre
The institutional push in recent years has moved the UAE to the top of the Web 3.0 value chain. There is broad agreement among proponents that all roads unintentionally lead to Dubai for businesses wishing to innovate on Web 3.0 and related platforms like the metaverse. Emirate’s outstanding “technology absorption” — the indicator of an…
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Will MENA Surpass 2022’s Mark For Adoption Of Cryptocurrencies?
The Middle East and North Africa (MENA) region has emerged as a major player in the global cryptocurrency market, experiencing a significant uptick in adoption in recent years. In the period between 2021 and 2022, crypto transactions in the region grew by 48%, representing 9.2% of the world’s cryptocurrency transactions, as reported by Chainalysis. MENA’s…
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Cosmos-based project goes upwards amid news of coinbase listing
Quick Take Cosmos Cosmos ( ATOM ) is a cryptocurrency that works to interrelate the ecosystem of blockchain in order to interoperate with each other. The team of Cosmos aims to create an ecosystem of blockchains that can communicate with each other in a decentralized way. The team believes that interacting with each other and…