McConnell Sees Swift Ukraine Aid Passage, Backs NATO Expansion
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The Bitcoin ecosystem is changing the narrative of being just a network for BTC financial transactions. In a recent report, the ecosystem is reviewing plans to move towards a decentralized finance (DeFi) ecosystem. As part of the announcement, leading stablecoin USDC also recently made moves to expand into the Stacks ecosystem. This article outlines what …
The entire funds in the liquidity pools of Blizz Finance and Venus Protocol DeFi platforms have been drained by attackers. Blizz claims Chainlink’s decision to pause the LUNA price feed during the token’s over 98 percent crash enabled the attackers to borrow all the collateral by depositing millions of LUNA at a price of $0.10, …
Terra (LUNA) Fiasco: DeFi Platforms Blizz Finance and Venus Protocol Count Their Losses Read More »
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks …
DeFi transforming lending routes on the blockchain Read More »
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3/3 © Reuters. FILE PHOTO: Police and security members in protective suits stand outside cordoned off food stores following the coronavirus disease (COVID-19) outbreak in Shanghai, China March 29, 2022. REUTERS/Aly Song 2/3 SHANGHAI (Reuters) -The Chinese financial and manufacturing hub of Shanghai will gradually begin reopening businesses such as shopping malls and hair salons …
Locked-down Shanghai to start gradually reopening malls, other businesses Read More »
© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration/File Photo BEIJING (Reuters) – The International Monetary Fund said on Saturday it has increased the weighting of the dollar and in its review of the currencies that make up the valuation of its Special …
IMF lifts weighting of dollar, Chinese yuan in SDR basket Read More »