Cardano saw positive inflows for last week, which put it ahead of other altcoins, CoinShares data reveals. Total inflows for the week had come out to $151 million, and Cardano inflows totaled $16 million in the same period. The total year-to-date inflows for the market have now hit a record $9 billion. However, the previous…
Decentralized finance is one of the most remarkable inventions of the cryptocurrency industry. We took on the difficult task of predicting the further development of this multifaceted phenomenon. One of the best ways to see the future of various technologies or markets is to put the question of their prospects to the industry specialists –…
The “Big Chinese Offensive” on cryptocurrencies has led to a colossal outflow of crypto holders’ funds to decentralized crypto exchanges and DeFi projects, as well as over-the-counter platforms. Now centralized cryptocurrency exchanges are looking for a fitting answer to this challenge. Centralized cryptocurrency exchanges (CEX), having felt a threat to their market dominance, are rapidly…
Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…
What cryptocurrencies are doing to the investment industry you could almost call mockery. This new asset class shows returns on investment many times superior to any traditional assets. Thirteen years ago, Bitcoin was created as a completely independent form of money, i.e., a means of payment. However, over time, it suffered the same fate as…
The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable, as predicts Artem Tolkachev on Cointelegraph. Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has…