Chainanalysis has attempted to measure the adoption of decentralized finance worldwide and issued the Global DeFi Adoption Index, where compiled statistics show an 880% increase in the usage of DeFi. However, crypto is not so close to becoming mainstream as some developed markets become reluctant on the crypto market. Instead of using the usual metrics…
Exclusive interview for Gulf Crypto Insight Manta is a set of easy-to-use and secure open-source and verifiable protocols based on the Substrate framework. It uses zk-SNARK to provide complete end-to-end anonymity, high bandwidth, and strong inter-network compatibility (supports Polkadot’s main cryptocurrencies and stablecoins on the parachain). Manta includes a decentralized privacy payment protocol and a…
It is something awaiting us right around the corner. Сorporate cryptocurrencies have not yet declared themselves loud enough, but many world-renowned companies are already engaging with the idea. Their emergence is now a matter of time and changes in legislation. It has long been said that modern corporations have more power and authority than nation-states….
There are currently several countries developing state digital currencies for cross-border settlements. And chances are, they will arrive even before the typical “in-country” CDBCs. While market turbulence is throwing prices of cryptocurrencies and DeFi assets up and down, central banks of different countries move forward with creating their own central bank digital currencies (CDBCs) with…
Quantum clouds are gathering on the horizon for the crypto industry, writes Emma Newbery on a Motley Fool. There’s a technological race going on: blockchain vs. quantum computing. Theoretically, major leaps in quantum computing could undermine the whole cryptocurrency industry – just as that nascent blockchain technology is entering the mainstream. But crypto experts are…
You don’t often see this technology featured in crypto news. But it works and allows you to create quite efficient distributed services, especially when it comes to payment systems. It was recently revealed that the USDC token, previously launched on Ethereum, Algorand, Stellar, and Solana, would soon also be available on Avalanche, Celo, Flow, Hedera,…