Cybersecurity experts are reporting a significant drop in cryptocurrency hacks during Q1 2023 compared to the previous year. According to a report by blockchain intelligence firm TRM Labs, crypto hacks dropped significantly from nearly $30 million in 2022 to less than $11 million in Q1 2023. While this decrease may be a temporary relief, experts warn that it’s important not
Blockchain technology has come a long way since its inception in 2008. The first two epochs, the Crypto Era and the Web3 Era, have revolutionized the way we understand and utilize the blockchain. However, the next stage in the development of this technology is the Abstraction Era, which promises to introduce new and exciting infrastructure enhancements to the blockchain. This
In today’s world, technology has become increasingly important in helping financial institutions improve their services. As such, many startups and established companies are investing heavily in technology to enhance their financial services. One way they are doing this is through embedded finance, which refers to integrating financial services into non-financial products or services. This article will explore the regulatory landscape
The use of blockchain technology has given rise to various innovations in the world of philanthropy. One of the most notable is the trend of using non-fungible tokens (NFTs) to create unique pieces of digital art or collectibles that can serve as a fundraising tool for charitable causes. However, NFTs have greater potential beyond being just digital assets. In this
Non-fungible tokens (NFTs) are emerging as a potential game-changer in the financial securities services industry. As blockchain-based assets that represent unique digital assets such as art, music, and collectibles, NFTs provide a new way of owning, trading, and investing in assets that were previously difficult or impossible to access. As the technology matures, experts are beginning to recognize the vast
In recent years, embedded finance has rapidly become a new norm for small and medium-sized businesses (SMBs) in payments and banking. With the integration of financial services into non-financial platforms, SMBs can easily access financial services, making it easier for them to grow and thrive. According to research, this segment is expected to generate revenue of $230 billion USD in
Cryptocurrencies have revolutionized the financial sector, giving people access to more secure and efficient ways of conducting financial transactions. With the growth of cryptocurrencies, there has been an uptake in the adoption of blockchain technology. Blockchain technology enables people to conduct transactions directly without the need for intermediaries or centralized authorities. It is in this context that decentralized finance (DeFi)
The internet has come a long way since its inception in the early 1990s. From Web 1 to Web 2, it has evolved tremendously over the years, making it an integral part of our daily lives. And now, we have entered the era of Web3, which has revolutionized the online experience for users. In this article, we will take a
The world of finance has been revolutionized by advancements in technology over the years. Traditional methods of conducting transactions have been replaced by innovative solutions that offer better security, transparency, and cost savings. One of the most exciting and promising advancements is the use of blockchain technology in the stock market. This article explores how blockchain can revolutionize the stock
Blockchain technology is revolutionizing the way we handle critical information, conduct transactions, and manage assets. Blockchain is introducing a new era of transparency and trust to an industry that has long been plagued by fraud and scams. Advancements in technology have enabled us to have a more decentralized and secure system that offers new opportunities for businesses across various industries.
Decentralized finance (DeFi) has disrupted traditional finance and opened up new opportunities for investors to participate in real estate investments. In the past, real estate investing was accessible only to high-net-worth individuals and institutional investors. Fractional ownership and decentralized real estate investment have revolutionized this by providing greater access and affordability to everyday investors. In this article, we will examine
The financial services industry is undergoing a major transformation due to the advent of embedded finance. With innovative technology, companies are integrating financial services into non-financial products, revolutionizing the way people access and interact with financial services. In this article, we’ll discuss what embedded finance is, how technological advancements enable it, and the benefits it offers. What is embedded finance?
