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0 CommentsBelieving in something is human nature. But in the modern, multifaceted and information-saturated world we sometimes choose very odd objects of worship. So it should probably come as no surprise that for a growing number of people such an object is… Bitcoin. Let’s take a closer look at this phenomenon. Have you ever watched a…
Decentralized exchanges, one of the largest contributors to DeFi growth, reported more than $1 trillion in trade volume over the last year. Many DeFi projects look towards the Gulf countries as a decentralized finance hub. One of the biggest contributors to the recent exponential growth of the crypto market was the decentralized finance (DeFi) sector,…
Keith J. Fernandez writes on Gulf News Focus about understanding the risks and rewards of cryptocurrencies. Cryptocurrencies have made millionaires of ordinary people. But even as investors flock to digital tokens in record numbers, so too has there been a corresponding rise in crypto scams and thefts. There were 116,139 addresses belonging to declared Bitcoin…
Market slide suggests investors don’t yet see the leading cryptocurrency as a safe haven in times of crisis, writes Luke Conway on Blockworks. Increasing institutional investment in Bitcoin tightens its correlation with stock movements Lack of understanding of Bitcoin’s fundamental properties may be hindering its adoption as a risk management tool As Russian troops poured…
Bitcoin (BTC) has fallen to a new two-week low as tensions between Russia and Ukraine continue to escalate. Global equity prices fell across the board on market reactions to the latest moves from Russia, and crypto prices were no different. Bitcoin, the world’s largest cryptocurrency by market capitalization, has been falling since February 15, when…
Curve Finance is a DeFi protocol that doesn’t often grab the crypto news headlines. Nevertheless, it has already become the undisputed decentralized finance market leader by total value locked (TVL). We decided to take a closer look at the most popular DeFi system today. DeFi protocol Curve Finance (Automated Market Maker Protocol, AMM) had an…
