The decentralized finance industry has seen its fair share of incidents, either due to human error or otherwise. As a result, the call for regulation has never been louder, even if it may not necessarily have the expected outcome. An Example to Consider People who have kept close tabs on the DeFi space will know...Read More
Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year. While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber criminals ransacked top crypto projects for hundreds of millions of dollars. Hackers Steal $760M From DeFi Protocols A recent tweet by...Read More
[PRESS RELEASE – Sibiu, Romania, 4th November 2022] Elrond, the startup building internet-scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier. The metaverse-forward company introduces three new products as the pillars for its evolution. xFabric is a sovereign...Read More
In the aftermath of the crypto winter, which erased billions of dollars from the industry after last year’s rally to an all-time high, many firms have significantly reduced their headcounts over the past few months to cut operational costs. This may not come as a surprise due to the impact of the bear market, which...Read More
A recent Grayscale-backed study suggests more than half of Americans agree that “cryptocurrencies are the future of finance.” The sentiment appears to span across the political aisle, as both 59% of Democrats and 53% of Republicans agree with the statement. Who Loves Crypto? The study, conducted by The Harris Poll on Grayscale’s behalf, surveyed over...Read More
More than a year has passed since the SEC and Ripple case began, and many are now wondering if there will ever be a resolution. Several legal experts have offered potential dates for when the decision will be made. However, according to the majority of legal experts who have shared updates regarding the suit, Judge...Read More
After trading in a consolidated range for two weeks, XRP has successfully geared up its price rally. The Fed’s recent interest hike of 75 basis points on November 2 kept XRP in a range-bound area as it has brought negative sentiments to the crypto market. However, the native token of Ripple Labs is witnessing bullish...Read More
