Tag: Finance

[ad_1] As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng ‘CZ’ Zhao believes this move could potentially have a negative impact on such traditional financial players. The collapse of major crypto platforms, such as FTX and Terraform Labs, not...

[ad_1] Users of popular banking and cryptocurrency apps for Android mobile devices should exercise extreme caution, warns Group-IB, cybersecurity Cybersecurity Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware,...

[ad_1] The Australian government wants to legislate the cryptocurrency industry and crypto service providers in 2023, according to a country’s Treasury statement released on Wednesday. The action is a part of a broader strategy to modernize the entire financial system, including the payments industry. Grab your copy of our...

[ad_1] Blockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal Trading due to alleged misrepresentation of finances following the collapse of FTX.  According to Maple Finance, it decided to cut all ties with the trading firm because it misrepresented its...

[ad_1] Crypto adoption is unrelenting thanks to its decentralized nature, which means there is no single point of control or failure. Cryptocurrency is also global, so it can be used by anyone, anywhere. Additionally, transactions made with cryptocurrency are typically very fast and cheap. Grab your copy of our...

[ad_1] Another decentralized finance (DeFi) platform has fallen victim to a cyberattack, this time its Grim Finance. On Sunday, the Yield compounding tool was siphoned off $30 million worth of fantom tokens, the platform officially confirmed. “The attackers’ address has been identified with over 30 million dollars worth of...

[ad_1] With native cross-chain trading and very attractive Bitcoin APYs, Thorwallet offers a user-friendly UI with all the trimmings this Christmas As we near the end of a spectacularly explosive year for the growth of DeFi and blockchain technology in general, both interest and investment in the industry are...

[ad_1] Strip Finance, a Collateralised NFT & DeFi Liquidity Protocol, is putting NFTs for better use by collateralising them for stablecoins and providing greater liquidity. A next-generation NFT platform called Strip Finance is making it possible to collateralise Non-Fungible tokens while still maintaining ownership of the assets, taking DeFi...

[ad_1] Over the past two years, DeFi has perhaps become the most striking event in cryptocurrency reality. The rise of this new star is closely tied to Ethereum, the second-largest cryptocurrency network by market capitalization, on top of which almost every existing DeFi application runs. The fact of the...