The cryptocurrency market experiences wild swings and extreme volatility at unexpected times. This extreme volatility keeps many new investors and risk-averse investors away from this market. A close look at the crypto market in January will further illustrate this point, as the total crypto market cap dropped by as much
Flare has teamed up with Ola Finance to provide a broader range of DeFi solutions, including tailored lending networks. On Songbird, Flare’s canary network, Ola intends to create a loan network to deploy it on the mainnet eventually. One of the company’s offerings is to provide its partners with loans
Meter multi-chain DeFi platform gets hacked. Suffers losses estimated to be $4.4 million. A bug attack is found responsible, targeting the platform’s weak bridges. Hacks and scams have indeed become an integral part of the crypto and blockchain ecosystem. In such terms, one of the most prominent multi-chain and bridging
Let us look at the top 3 DeFi tokens in terms of volume in the last 24 hours. Terra (LUNA) A blockchain technology, Terra employs fiat-pegged stablecoins to support global payment networks that are price stable. According to its white paper, with Terra, users have the stability of fiat currencies
Theft of cryptocurrencies has increased by 516 percent since 2020. Cryptocurrency investment is on the rise throughout the world. As more people participate in crypto markets. There has been an increase in frauds and thefts of cryptocurrency. Covid-related uncertainty has led to a rise in popularity for virtual currencies like
Unizen, a major participant in the “Centralized Decentralized Finance” field, has announced a new project to bring the concept closer to reality. Intending to bring together DeFi developers and decision-makers at conventional, centralized finance (CeFi) firms and combine the benefit of a centralized exchange with decentralized cousins, the smart exchange
On Friday, Bitcoin (BTC) remained over $37,000 and had gained nearly 3% in the previous day. Altcoins have begun to settle following a week of volatility in the cryptocurrency market. A prospective reversal in the stock market’s fortunes would also interest analysts, who were keeping a close eye on it.
Investors lost around $190 million when the exchange went down in 2019. Patryn was sentenced to serve time in the United States. According to a tweet from on-chain analyst zachxbt, the anonymous treasury manager for Wonderland’s decentralized finance (DeFi) project and one of its co-founders, 0xSifu, is actually Canadian crypto
In order to create an open and trustworthy derivatives market, SynFutures aims to enable trading on anything having a price feed. SynFutures is decreasing the barrier to entering the derivatives market by nurturing a free market and increasing the diversity of tradable assets. According to Dune Analytics, SynFutures has exceeded
Users may add to the list by e-mailing notoscam@elrond.com to report. The security specialists will review the links and add the harmful ones. Elrond’s wallet web extension, the Maiar DeFi Wallet, is available for Chrome users. Furthermore, for Maiar Exchange operations, it provides the ability to safely store EGLD and
