decentralised finance

Decentralised Finance (DeFi) sector is still reliant on centralised networks, breaching which has become easier for cybercriminals over the years. In 2021, the centralised elements of the DeFi protocol were breached by cyber criminals,…

Mumbai: Polygon, a blockchain scalability platform, has been experiencing intermittent downtime, leading to delays in the transfer of non-fungible tokens (NFTs). Polygon is, among other things, a scaling solution for the Ethereum…

The year of 2021 proved to be a significant one for the crypto sector overall. The global crypto market capitalisation rose to $3 trillion (roughly Rs. 2,15,66,720 crore), the highest it has even been so far, in October 2021. Along with…

2021 has been the most amazing year in the history of crypto. As per PitchBook Data, the total market capitalisation of cryptocurrencies reached $3 trillion (roughly Rs. 2,25,36,058 crore) in 2021, as venture capital funds pumped in $30…

Decentralised Finance (DeFi) is a system that allows financial products to appear on a public blockchain network which is not regulated by a central bank or intermediary. DeFi systems, majority of which are built on the Ethereum blockchain,…

Mumbai: A few blockchain and crypto-focused funds are rethinking their investment strategy amid speculation that trading in virtual currencies would be banned. They are planning for contingencies to ensure they do not face a situation like…

Evolution is the answer to everything that exists, and finance is no exception. Since the financial crisis of 2008, many practices of governments, central banks and entrenched players in the sector have been called into question. The birth…

Facebook (now Meta) has been under intense scrutiny from regulators and lawmakers over the safety of its users and a wide range of abuses on its platforms. Now, it has announced that it plans to shut down its facial recognition system and…