Square is building a DeFi business using Bitcoin
    18 Jul 2021
    338 Views

    Square CEO Jack Dorsey announced on Twitter the fintech company to create a new standalone business that will act as a platform for developers to build decentralized finance (DeFi) projects based on Bitcoin. The new business will combine the efforts of CashApp, Seller, and Tidal in the same goal of decentralized financial services. Dorsey named…

    Bitcoin might never become a true crypto asset
    04 Jul 2021
    398 Views

    Even though Bitcoin remains the world’s leading cryptocurrency by market capitalization, it has not always lived up to its promise of serving as digital cash. Instead, BTC is a store of value and speculative asset above anything else. Other currencies can take their place as leading digital cash as competition continues to heat up in…

    Money Leaving Defi Sector As Cryptocurrency Falls And Market Loses Its Gloss
    29 Jun 2021
    348 Views

    Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….

    What’s DeFi? Blockchain-based decentralized finance risks explained
    26 Jun 2021
    282 Views

    Want to invest in crypto, understanding the risks? CNBC Make It explains what you need to know about cryptocurrency-based DeFi. Despite their wider access to resources, even billionaire investors aren’t immune to risks when it comes to decentralized finance (DeFi). That includes the case of Mark Cuban, who revealed on Wednesday that a DeFi token…

    Iron Finance Suffered DeFi ‘Bank Run’ While Titan Token Collapse
    20 Jun 2021
    329 Views

    Another decentralized finance (DeFi) protocol suffered a collapse in token value. The IRON Titanium Token, or TITAN, backed by billionaire Mark Cuban fell from over $60 to zero dollars on June 16 morning. Cuban has claimed he ‘got hit like everyone else’ after the token crash. The DeFi Titanium token in one day has dropped…

    Binance-backed travel company launches a decentralized Airbnb competitor
    17 Jun 2021
    320 Views

    A travel booking site Travala.com backed by Binance, the world’s largest cryptocurrency exchange, is launching Dtravel, a decentralized vacation rental service that could compete with Airbnb and gives homeowners a stake in the platform. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb and Expedia to launch a new service…