What is a Decentralized Exchange (DEX) and How Does It Work?
Before looking at what are Decentralized Exchanges (DEXs), we shall discuss what an “Exchange” and “Decentralized Finance (DeFi)” are. What…
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What Are Wrapped Tokens And How Do They Work?
Most of the tokens in the cryptocurrency market have their Wrapped version. For example, Wrapped Ethereum (WETH) and Wrapped Bitcoin…
Circle Enlists Cross River As Its Banking Partner To Broaden Relationship With BNY Mellon
Circle has developed “enhanced relationships” with various banking partners, including BNY Mellon, to aid in the redemption of USDC. Bank…
Sen. Warren Demands Accountability In Crypto Amid “Sham Audits
Senator Elizabeth Warren recently spoke out against “sham audits” of cryptocurrency exchanges. Her comments come as Silicon Valley Bank (SVB)…
USDC Keeps Climbing Closer To Its Dollar Peg While BTC Rises Above $20K
The stablecoin USD Coin (USDC), issued by Circle, has emerged as one of the top performers in the entire cryptocurrency…
Arthur Hayes Makes A Proposition For A Stablecoin Pegged With Bitcoin
The regulatory authorities from the United States have continued pressurizing the crypto industry ever since its inception. However, their aggression…
How Did DeFi Sector Manage During Turbulent Times In 2022?
2022 Brought Turbulent Times Over the course of a couple of years, Decentralized Finance (DeFi) has become an integral and…
XRP Price Goes Up by 6% as Ripple is to Help Palau Launch its Stablecoin
Ever since the beginning of the last week, the trading price of Ripple (XRP) had been moving in the upward…
What are CBDCs? A Beginner’s Guide
Tables have turned as money is no longer just printed papers and coins as the globe moves towards digital currencies.…
Venezuelan Bank Has Blocked 75 Accounts Due To Crypto Activities
Banks in Venezuela are keeping a strict eye on customer accounts that are involved in crypto-related activities, mostly crypto trading…
AAVE: Investors Interested in Near-Term Profits Should Target These Areas
Aave retests the support zone at $56.6. The past two days saw whales trimming their stablecoin balances to favor Aave.…
Synthetix Founder Believes DeFi Governance Has Gotten Worse
This year, the DeFi space is witnessing some exciting governance experiments. From Maker’s DAO racing to push its decentralized stablecoin…
Circle Extends USDC Support to Five New Blockchains
Circle’s announcement on Wednesday during the ConvergeSF22 Conference revealed that the company is looking to expand its stablecoin support to…
Polkadot (DOT): Evaluating Chances of Upsurge This Week
Polkadot didn’t flourish within the previous week as it noted only a 2.5% hike over the last seven days. Nevertheless,…
