Category: DeFi
Centralized vs Decentralized Crypto Exchange: What is the Difference?
There are two types of crypto exchanges – centralized and decentralized. Centralized exchanges are the ones you’re familiar with such as Binance, while decentralized exchanges…
Daily Crypto Market Update – ETH Records 33-Week High Ahead of Shanghai Upgrade
The crypto market posted $21.89 billion in net inflows over the past day. The market capitalization is now at $1.23 trillion. Bitcoin saw its market…
Econia Labs’ Seed Funding Round Raises $6.5 Million Led by Dragonfly
A report from the Oregon-based decentralized finance (DeFi) Econia Labs has announced to yield of $6.5 million from a seed funding round. The Dragonfly led…
Tim Draper Encourages Businesses and Investors to Invest in Crypto Assets
The prominent venture capitalist Tim Draper has urged fast-growing businesses to invest their assets in crypto. Draper issued a report on March 25 urging the entrepreneurs…
Euler Finance Hackers Returns Digital Assets Worth $90 Million
The bad actors behind the Euler finance exploit have returned 51000 Ether to the decentralized finance protocol. A report from the Euler team dated March…
2023 US Economic Report Undermines Digital Assets, Says Crypto Offers No Value
In a new move that may likely have an impact, the White House is reportedly making a case against cryptocurrency in its released 2023 Economic…
Metaverse Game Developers Aavegotchi Set New Record With An Outstanding Multiyear Sale
The creators of the famous Aavegotchi metaverse game — Pixelcraft Studios, have successfully realized $30 million from a multiple-year token sale. The fundraising effort is…
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…
