The world of cryptocurrencies has witnessed exponential growth in recent years, with millions of users actively participating in this exciting new market. However, acquiring meaningful insights from the vast amount of crypto data has been a significant challenge. London-based Generative AI startup, SuperSight, is on a mission to redefine the crypto data landscape with its revolutionary Large Language Models (LLMs).
In one of the largest and most audacious attacks in the decentralized finance (DeFi) space, hackers targeted Poly Network, a popular cross-chain protocol. The attackers managed to manipulate nearly 57 assets across 10 different blockchains and immediately generated approximately $42 billion in tokens. This attack highlights the vulnerability of cross-chain bridges in the DeFi space and raises concerns about the
As the world increasingly embraces the potential of Web3 technologies and cryptocurrencies, Hong Kong has positioned itself as a global hub for fostering their development and enabling retail investment. Over the past year, the city has undertaken a series of strategic moves to facilitate the growth of the Web3 space, attracting industry experts and creating a supportive regulatory environment. Announcement
The United Kingdom’s (UK) approach to crypto regulations has gained praise from Ripple senior executives Andrew Whitworth and Susan Friedman. They argue that the country is forging ahead of the United States (US) in terms of creating a favorable regulatory environment for the crypto industry. With the recent approval of the Financial Services and Markets Bill, the UK has reached
The remarkable surge in Bitcoin prices has caught the attention of investors worldwide. However, amidst the excitement, a notable trend has emerged among Bitcoin miners – the selling of their tokens during this peak period. In this article, we will delve into the selling behaviour of Bitcoin miners, explore their motivations, and assess the potential implications for the market. Bitcoin
The rapid advancements in technology have pushed central banks across the globe to consider the introduction of their own digital currencies. However, along with the potential benefits, risks and concerns have also emerged. This article explores the rising risk of public backlash against a digital euro, highlights consumer sentiments regarding privacy and payment data, assesses the need for a change
In an effort to regulate the booming e-commerce industry in Nepal and protect consumer rights, a draft bill has been proposed that aims to address issues related to returns, exchanges, guarantees, and warranties. This long-awaited legislation, registered in the National Assembly by Industry Minister Ramesh Rijal, aims to curb fraudulent activities and provide a framework for accountability and transparency within
In the ever-evolving world of blockchain technology, Cardano (ADA) stands out with its innovative approach to networking. Central to this approach is the implementation of dynamic peer-to-peer (P2P) networking, which plays a crucial role in the design of Cardano nodes. In this article, we will delve into the importance of dynamic P2P networking and explore how it revolutionizes Cardano’s overall
In today’s digital world, embedded finance has emerged as a groundbreaking concept, transforming the way people access and interact with financial services. In simple terms, embedded finance refers to when traditional financial services – such as banking, insurance, credit, and more – seamlessly integrate into the end-user journey, becoming less visible to the customer. This integration not only enhances the
Bitget, a prominent crypto derivatives exchange, has made a significant stride in the world of digital finance by introducing a new crypto lending program. This innovative platform allows users to utilize their cryptocurrencies as collateral in exchange for loans denominated in other cryptocurrencies. With a focus on catering to borrowers dissatisfied with traditional lenders, Bitget’s new lending program opens up
The world of decentralized finance (DeFi) continues to evolve and expand, with various blockchain networks offering innovative solutions for investors and users. Solana, a high-performance blockchain platform, has seen a significant surge in liquid staking protocols, experiencing a staggering 91% increase in total value locked (TVL) since the beginning of 2023. Statistics on Solana’s liquid staking protocols Several protocols have
The convergence of Artificial Intelligence (AI) and Decentralized Finance (DeFi) is poised to revolutionize the financial industry. With trading and portfolio management as major use cases, this powerful combination of technologies has the potential to reshape the way we trade, invest, and manage our assets. In this article, we delve into the implications of this convergence, exploring how AI strengthens
