Category: DeFi
2022 DeFi Insurance Payouts Hit $34.4M – Report
Per a March 21st report by OpenCover, a decentralized finance analytics company, the claims paid out by DeFi insurance firms amounted to $34.4 million in…
Fujitsu Explores Crypto Services As Japanese Tech Giant Delves Into Cryptocurrency
Fujitsu, a Japanese technology giant, has taken a significant step by applying to offer a wide range of services related to finance, banking, and cryptocurrency….
Privacy-Based Blockchain Protocol Aztec Shuts Down Aztec Connect
Aztec Network, the privacy-based blockchain platform, recently announced that it plans to shut down its privacy infrastructure which serves as Ethereum’s encryption layer. The network’s…
Is USDC Likely to Be Another UST? Analyst Shares His Opinion
According to a recent thread by @DeFi Ignas, a crypto analyst on Twitter, the vulnerability of USDC (USD Coin) reserves to fallen banking bodies in…
A Beginner’s Guide To USD Coin (USDC)
The traditional cryptocurrency market is known for its volatility. The value of even the most established cryptocurrencies can increase and decrease significantly in a matter…
What is Crypto Lending? A Beginner’s Guide
Crypto lending has made it possible for many people to take affordable loans at a low-interest rate which they can return at flexible terms. This…
What Is Web3? All You Need To Know
If you are here, reading this guide article, you are likely a member of the contemporary digital community formed by the world wide web in…
Hundreds Of Millions Of Dollars Missing From FTX
Late on Friday night, a number of wallets that allegedly belong to the FTX crypto exchange transferred crypto assets worth hundreds of millions of dollars….
Hackers Hit Solend With An Oracle Attack For A $1.26 Million
The cryptocurrency community has become the target of two major hack attacks in the past 24 hours. Out of the two hacks, the one that…
DBS Bank Of Singapore Trades In State Securities And FTX Using Cryptocurrencies
An Asia-based major financial services group, DBS Bank has made quite an interesting revelation. It has announced that it has been applying decentralized finance (DeFi)…
