Decentralized Finance (DeFi)
-
Why Traditional banks are Watching Web3 Payments and Stablecoins
The financial sector is at a crossroads. Traditional banks, which have been symbols of global commerce for years, are repeatedly facing changes in payment systems caused by Web3. These banks are watching the Web3 payment system and its technology with curiosity and concern. Why? Web3 payment solutions, unlike traditional ledger structures, use a blockchain-powered technology,…
-
AI in DeFi: The Death of DYOR (Do Your Own Research)?
It is a tradition in crypto to always do your research before making a decision. This is because aside from the volatility that comes with trading a hyped coin, many projects have rug pulled, and folded up, and many scams did come with some projects in the past and present, leaving crypto enthusiasts with almost…
-
Move by Meta: A Game Changer for DeFi?
It is not the first time facebook will come up with an idea that is aimed at changing the world. However, facebook just recently introduced a programming language called MOVE. Created by Sam Blackshear, MOVE was created to specifically help improve blockchain application by verifying the absence of bugs, checking for modifications and leaks which…
-
MoonPay Acquires Iron to Expand Stablecoin Payment Solutions
MoonPay is making big moves to stand out further in the enterprise market by acquiring Iron, a startup that specializes in stablecoin infrastructure. This acquisition is MoonPays second major purchase in two months and significantly boosts their capacity to provide businesses with fast payments at low cost and borderless stablecoin transactions By using Iron’s API-driven…
-
Moca Network & Plume Partner to Unlock RWA Yield for 700M Users
Moca Network, from Animoca Brands has partnered with Plume, the first Layer 1 blockchain designed for real-world asset finance (RWAfi). This alliance puts Moca Network’s AIR Kit identification system into Plume’s ecosystem and will allow millions of users to access high grade reward yield and staking products. With this integration, Moca Network users from SK…
-
Can SpacePay Finally Solve Crypto’s Biggest Problem—Volatility in Payments?
For years, crypto payment has been facing a major setback-volatility. This major set back is one of the major reasons crypto has not been adopted globally or fully utilized in a global legal tender. Imagine trying to pay for a cup of coffee at a coffee shop or paying for a new car with your…
-
Fluence Launches DePIN Pledge to Strengthen Web3 Decentralization
Fluence, a leading cloudless computing platform, launched the DePIN Pledge on February 26, an initiative designed to encourage cryptocurrency-based businesses and projects to commit publicly to the use of decentralized infrastructure. The pledge comes in response to growing concerns that many Web3-based projects are departing from their decentralized principles, as the rise of cloud hyperscalers…
-
Riot Platforms Eyes AI Expansion As Bitcoin Minng Slows
1 Riot Platforms is branching beyond Bitcoin mining, announcing plans to expand into artificial intelligence (AI) and high-performance computing (HPC). The company will test these applications at their Corsicana facility in Texas, pointing to a potential shift in their business model. CEO Jason Les says the company wants to make better use of their existing…
-
How Stablecoins Help Navigate Volatile Markets
Stablecoins are an innovative mechanism for users, businesses and investors alike. This is especially true in a world where cryptocurrency markets are notoriously unstable. Stablecoins pegged to assets like the US dollar offer unparalleled benefits, combining the stability of traditional currencies with the speed and transparency that come from blockchain technology. However, how can one…
-
DeFai: How Artificial Intelligence is Transforming Decentralized Finance
Gone are the days when intermediaries (banks) were needed to keep financial investments safe, and detecting or tracing fraud takes forever or never. Entered the rise of artificial intelligence (AI), crypto investments are now managing themselves, smart contracts are fixing their bugs and detecting fraud before it even happens. When Bitcoin was released in 2009,…