Shiba Inu Sets its Sights on DeFi Leadership by Introducing Digital IDs

In a bid to move away from its meme coin status, Shiba Inu is making significant strides towards becoming a formidable player in the decentralized finance (DeFi) space. Shiba Inu’s latest initiative involves the integration of digital identity (ID) into…

Unbelievable! DeFi Market Cap Has Fallen by More than $7 Billion in 30 Days

The DeFi market cap was one of the metrics suffering from the massive bear market in the crypto industry. So, new data shows the large margin of losses within a short period.  DeFi Market Cap Down By Over $7 Billion …

Is RocketX Exchange the Best Hybrid CEX and DEX Cross-Chain Aggregator?

RocketX is a budding crypto exchange that combines cross-chain swapping with other features of exchanges. However, serving as a hybrid CEX and DEX cross-chain aggregator is what this exchange is known for. Especially for DeFi users who own some assets…

Celsius Wants to Postpone Deadline For Claims As Legal Fees Top $53M

Celsius Network, a bankrupt cryptocurrency lender, intends to file a motion to extend the deadline for users to submit claims by another month. The cryptocurrency community has grown impatient, noting that Celsius’ legal fees have continued to increase and are…

Ethereum Creator Vitalik Blogs About Amazing Blockchain Applications

 VitaliK Buterin, co-creator of Ethereum (ETH), shared five things that excite him about the blockchain in a blog post.  He focused on Crypto and ETH applications that addressed real-world needs. Buterin, a Russian-Canadian programmer, published the Ethereum white paper in…

DeFi Platform InsurAce to Pay Out FTX Claims And Launches Crypto Deposit Insurance Scheme

Efforts continue to be made to restore investor trust in the crypto markets. DeFi insurance provider InsurAce is introducing the “Crypto Deposit Insurance Scheme,” a new crypto deposit insurance program (CDIS.)  Reaction to Ailing CeFi Industry The product is being…

October Already the Biggest Month In Crypto Hacks According to Chainalysis

According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches.  $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…

New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog

The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing.  After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…

Expectations on next Bitcoin to be, Cardano(ADA) or Tezos(XTC)?

With the rise in popularity of Bitcoin in 2017, other cryptocurrencies gained public recognition and interest. Where, during the years of 2017 and 2018, numerous cryptocurrencies flooded the market with Initial Coin Offerings (ICO). Virtually every single one of those…

Synthetic Assets get Competition for Scalability as New Markets Heat up

Two new engineered resource and subordinates stages hope to take a cut of Synthetix’s pie. Synthetic resources, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly brutal scene as two new activities plan to…