The cryptocurrency markets are going through massive sell-offs as the leading coins decline in double-digit values. Consequently, the digital currency market cap has sunk below the $1 trillion level from earlier highs of $3 trillion in 2022. Ethereum, the fuel that drives the decentralized finance market, has lost half…

The dizzying rise of the decentralized finance (DeFi) sector during the 2021 DeFi summer is one of the most inspiring blockchain sector occurrences since the release of bitcoin in 2009. Compound had launched its COMP token a half a year earlier, an action that drove the fledgling market from a…

A popular discussion panel in the recently concluded Blockchain Hub Davos 2022 was “DeFi — “Programmable Money is Here — and It’s Changing the World as We Know It.” Hosted by CoinTelegraph’s Kristina Lucrezia Cornèr, its panelists are visionaries and leaders from SwissBorg, Kraken Europe, Coral Capital, and CasperLabs platforms. …

The ongoing crypto downturn may have put a damper on the sector, but there is no denying that blockchain and decentralized finance will change the world. This disruption has to do with the fact that the traditional finance world is trapped in the inescapable trap of inflation. …

Decentralized finance (DeFi) is one of the most innovative trends in the financial services sector. Its systems give humanity access to tools that support the self-management of money. It is also a game-changer, sheltering its users from the perils of the legacy financial system’s boom and bust cycles. The sector’s…

A titanic shockwave recently shook the broader crypto world. It originated from heavy price movements on UST, the US dollar stablecoin built by Terra. This event urges us to remind cryptocurrency users that most Stablecoins differ by nature and that each design comes with its risks and costs. We believe…

Read this post on Mirror.xyz » In January 2021, we at Mimo started working on the first ever, fully decentralized euro stablecoin, $PAR. Our over-collateralized soft peg has maintained 99% consistency with the euro, seen well over 30,000 transactions, and with a daily volume of over $300k. 18 months later…

“Code is neutral about the data and ignorant about the user,” says Harvard Law School’s Lawrence Lessig. The Code and Other Laws of Cyberspace author remark that the founders wrote constitutions to ward off federalism. On the other hand, the progressives advanced market reforms to control any rising injustices. The…

Stablecoins have now become the most influential cogs in the digital currency sector. A quick $180 billion market cap is proof that they are the crypto assets to watch, and stablecoin enthusiasts now describe them as the future of payments. However, some New York Fed analysts are skeptical about these…