20 May 2022

Explosive DeFi: Where we are and where we’re heading

The entire cryptocurrency space continues to evolve rapidly, having surpassed $3 trillion market capitalization for the first time in 2021. Further, global blockchain spending has surged 7 times over the past four years to an estimated $6.6 billion in 2021, and is projected to more than triple by 2024. That’s

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19 May 2022

Will a Proof-of-Stake Ethereum Lead to More Centralization?

When Ethereum eventually shifts from its current proof-of-work method to a proof-of-stake (PoS) consensus mechanism, it will rely on validators rather than on miners to validate transactions on the Ethereum blockchain. In order to run a validator and earn staking rewards, participants must stake 32 ETH, which is worth roughly

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12 May 2022

Crypto Lending: Unregulated crypto-backed loans get popular, but not without risks

While it is already known that cryptocurrency is becoming even more popular as an investment, it is evidently gaining traction globally as a mode of payment too – albeit not without factoring in related risks. Crypto lending refers to a type of ‘DeFi’, or decentralized finance, which allows investors to

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09 May 2022

Question of centralization faces growing crypto insurance industry

Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem. Investopedia reports that cryptocurrency insurance is seen as a “big opportunity,” with a spokesman from one of the world’s largest insurers, Allianz, saying

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05 May 2022

Which Blockchains are Behind the Top Metaverse Platforms?

With the rise of new technologies, the blockchain will be among the key drivers for new forms of transactions, interactions, socialization and content consumption in the years to come. The Metaverse, a shared virtual environment where individuals can socialize, interact, and conduct business, relies heavily on blockchain technology to enable peer-to-peer

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05 May 2022

Cronos DeFi Project MM.Finance Suffers $2M Exploit

The biggest decentralized exchange on Cronos has been hacked. MM.Finance, an ecosystem of DeFi applications and the biggest decentralized exchange on the Cronos blockchain, has suffered a $2 million frontend attack. The project reported the incident late Thursday after the attacker breached the app’s frontend and started moving funds to their

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04 May 2022

The Rise Of Web3: What Cybersecurity Concerns Should We Look Out For?

Web3 is the kitschy term that refers to the next iteration of our internet—including cryptocurrencies, decentralized networks, the blockchain and more. While for many people the concept of Web3 seems a futuristic, light-years-away idea, the truth is that it’s much more impending than we think, with many elements already firmly

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28 Feb 2022

The DAO is a major concept for 2022 and will disrupt many industries

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth

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25 Feb 2022

DAOs: Why are They Important to Web3?

Web3 is in the nascent stages but has seen strong interest from some of the world’s top investors like Sequoia Capital and Andreessen Horowitz. Just look at the funding of Alchemy, which is building an AWS-style platform for Web3. In early February, the startup raised $200 million at a valuation

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25 Feb 2022

Decentralized Compute Is The Foundation Of The Metaverse

The metaverse is still a thing, an experience, a service in the making, an envisioned 3D world fueled in large part by artificial intelligence and immersive graphics that will, many hope, be a place where consumers can play games and interact with others and companies can do business in ways

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