Two major Asian cryptocurrency markets – the Persian Gulf and India – seem destined to interact. The combination of Gulf countries’ capitals and a large number of crypto owners and promising crypto-related IT startups in India could prove incredibly profitable. India is a huge region in the middle of a venture capital investment boom. The…
Although VC funds have been rushing to support various crypto startups, much of that money has not gone to Bitcoin-focused companies, notes Bitcoin Magazine. With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged…
Over the past couple of months, there have been continuous reports of hacker attacks on various decentralized finance services. We tried to figure out why DeFi has suddenly got such intense onslaught from cybercriminals. To track the pattern, let’s first look at some of the loudest and most devastating hacks in recent weeks. – NFT…
Main attraction lies in turning the funds into tradable tokens, write ByOlga Kharif and Vildana Hajric on Bloomberg. However, DAO hacks remain a common threat, while legal protection is limited. Index funds have long been pitched as a low-risk and inexpensive way to invest. Now they’re coming to the rollicking world of cryptocurrencies, but with…
Let’s once again take a step away from the daily fuss of currency prices and tech innovations and look at the changing role and place of cryptocurrencies and blockchain technologies in the world around us. We can confidently say that the outgoing year was no less significant for the cryptosphere than 2017, a year of…
Dubai Multi Commodities Centre’s (DMCC) new crypto-focused Future of Trade report highlights growing opportunities for global trade’s $260.9 billion decentralized finance (DeFi) sector. Focused on DeFi, the report examines the key opportunities and challenges that the growing technology faces and how DeFi can bolster global trade. The thought leadership report series of DMCC – the…