Funds

In a significant stride towards integrating stablecoins into mainstream finance, PayPal has introduced the USD-backed stablecoin PYUSD. This move marks a pivotal moment as PayPal, a prominent financial platform, ventures into the realm of stablecoins. Alongside this launch, PayPal is set to roll out the “Cryptocurrencies Hub,” a platform that empowers verified users to engage...

Savings accounts have traditionally served as secure repositories for long-term wealth. Yet, the emergence of crypto savings introduces a new avenue for investors to consider. Tailoring your decision to your financial objectives and risk tolerance, opting for a crypto savings account could present an enticing alternative. Crypto Savings vs. Traditional Savings A conventional savings account...

Discovering the year’s most promising crypto investments is a quest every investor seeks. Here’s a quick snapshot of 2023’s standout performers: Bitcoin, Ethereum, Solana, Bitcoin Cash, Ripple, and Stellar. These cryptocurrencies present distinct advantages, spanning Bitcoin’s rarity and liquidity, Ethereum’s smart contracts, Solana’s swift transactions...

Set to Unfold on August 15th, the pilot endeavors will encompass a consortium of 13 banks alongside a carefully chosen cohort of clients. This strategic move underscores Russia’s transition from extensive bank-oriented trials to consumer-focused testing, signifying the nation’s strides in crafting its Central Bank Digital Currency (CBDC). The digital ruble’s overarching...

Aave, a Decentralized Finance lending project has just commenced its long-anticipated Stablecoin named GHO, which was launched on the Ethereum blockchain. Now, Aave version three users can mine the Stablecoin against their saved assets on the project. The newly launched GHO Stablecoin provides users with an unchanging rate of 1.5%, while people who stake AAVE […]

Layer-1 Blockchains are vital players in Decentralized Finance’s growth, even amid regulatory Scrutiny. The modern cryptocurrency ecosystem thrives on scalable blockchains like Ethereum, Solana, and Cardano, which power notable Decentralized Finance technologies such as NFTs. Billions of dollars from investors have poured into this industry over the past five years. However, regulatory...

Worldcoin is a cutting-edge digital identification platform with the goal of giving people all around the world an easy way to confirm their human identity and set themselves apart from bots and AI systems. Sam Altman, the mind behind ChatGPT, co-founded the platform with Tools for Humanity. Altman’s engagement, which is intriguing, brings to light […]

In recent times, the Decentralized Finance (DeFi) sector on the Solana blockchain has encountered various challenges, including hacks, FTX crashes, reduced liquidity, and network interruptions. However, surprisingly, Solana has shown resilience and strength amidst these difficulties. The credit goes to the dedicated efforts of the Solana team and developers, who have worked tirelessly to...

Following the recent attacks on decentralized finance (DeFi) protocols, Binance CEO Changpeng Zhao addressed Binance users through social media, providing reassurance that their funds remain secure and unaffected by the ongoing security issues. Millions of dollars’ worth of cryptocurrencies were stolen in the targeted attacks on Curve’s liquidity pool, which is a widely used...

Tron, a DeFi alternative to Ethereum, commands over 11% of the total value locked (TVL) in the DeFi industry. TRX, Tron’s native token, ranks among the top 10 cryptocurrencies with a market cap of $7.15 billion and a Year-to-Date (YTD) return of 45.5%. The good side is Tron’s investment ecosystem’s growth due to robust protocol […]