It’s no secret that fiat currency-based payment systems are outdated. These systems have a centralized structure, impose rigid rules, and offer little flexibility. This makes it harder to incorporate new, innovative payment methods, such as cryptocurrencies. Several countries have already implemented digital money as a method of payment, which has […]
The decentralized finance (DeFi) market has been making waves in the blockchain and crypto industry. With the rise of DEXs with intrachain functionality, there is still a problem of cross-chain exchanges of coins, e.g. ERC-20 tokens to BEP-20 ones, in a decentralized manner. Hashbon FiRe (Finance Reinvented) crypto ecosystem has […]
Former U.S. Treasurer and Ripple board member Rosa Rios has said on social media that she sees the XRP token as a cryptocurrency whose primary purpose is “facilitating cross-border payments,” while most other cryptocurrencies “find their value in speculation.” Per Rios, who joined Ripple’s board of directors in May of […]
Borderless. Fair. Transparent. Decentralized Finance is making a strong case as an alternative global financial system. Growing in deposits over $175bn and new technologies such as layer two support – we are witnessing explosive growth in industry innovation. The decentralized technology it is based on attracts the best and brightest […]
Decentralized cryptocurrency exchange DeversiFi has accidentally attached a transaction fee of nearly $24 million to a cryptocurrency transaction moving $100,000 worth of Tether’s USDT stablecoin. According to data from Ethereum blockchain explorer Etherscan, DeversiFi paid 7,676.61 ETH then worth nearly $24 million in transaction fees, while the current estimate for […]
Cryptocurrency derivatives exchange dYdX is witnessing increased adoption after China regulatory concerns arise. dYdX Flips Coinbase in Trading Volume Layer-2 cryptocurrency derivatives trading platform dYdX has recently witnessed rising adoption among users, thanks to the regulatory crackdown on cryptocurrencies in China. Most recently, dYdX’s trading volume eclipsed that of Coinbase’s […]
On-chain cryptocurrency data monitoring platform PARSIQ is set to launch a massive 1 million $PRQ incentive program. PARSIQ Unveils $PRQ Incentive Program PARSIQ, a blockchain monitoring and workflow automation platform that bridges the gap between on-chain and off-chain applications in real-time by providing transaction notifications for end-users today shared details […]
The crypto ecosystem has long surpassed the centralized payment system and now relies on a peer-to-peer, completely decentralized payment system that eliminates any intermediaries. The exclusion of intermediaries is one of the USPs of decentralized finance over traditional financial methods, as users have complete access and control over their assets. […]
RSK is proud to add the Babelfish stablecoin to its stablecoin protocol. RSK users will now enjoy the support of RDOC aside from the cross-chain digital asset. Babelfish facilitates the exchange and the flow of stablecoins to achieve a decentralized financial system. They also help to improve the use of […]
The CEO of HSBC, a British investment bank and one of Europe’s largest banks, Noel Quinn, has shown support for the development of central bank digital currencies (CBDC) while maintaining a skeptical attitude towards stablecoins and cryptocurrencies. CBDC is a Welcome Development for the Economy In an article titled “New […]
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