How Decentralized Oracles Impact DeFi Lending and Borrowing
DeFi has rapidly gained traction as a revolutionary force in finance. At the center of DeFi is decentralized oracles, a critical component influencing the efficacy and security of DeFi platforms. This article will explore how decentralized oracles impact DeFi lending and borrowing. What is DeFi? DeFi, short for Decentralized Finance, refers to financial services and […]
SkyArk Studio Raises $15M Funding from Binance Labs to Expand
In its most recent fundraising round, blockchain-based video game company SkyArk Studio raised $15 million from more than 40 investors. In a Jan. 12 X announcement, SkyArk Studio stated that 40 institutions, including co-founder of Tangent Ventures , Darryl Wang and CEO of LayerZero Bryan Pellegrino, participated in the fundraising headed by Binance Labs. While […]
SOL Replaces XRP on HKVAC’s Global Crypto Index
The Hong Kong Virtual Asset Rating Agency (HKVAC) has revealed the results of index changes. The changes to the index will go into effect on January 19. Internet Computer (ICP), Near (NEAR), Optimism (OP), Injective (INJ), and Immutable (IMX) have been added to the HKVAC global major cryptocurrency index. At the same time, TrueUSD (TUSD), […]
Grayscale Moves $183m in BTC Amid ETF Fee Competition
Grayscale Bitcoin Trust sent approximately 4,000 Bitcoins worth $183 million to Coinbase Prime deposit addresses. The most recent statistics from Arkham Intelligence made this clear. The fee structure of Grayscale’s spot Bitcoin ETF, which is 1.5%, is renowned for being very high. However, investors may be considering other options in light of the SEC’s recent […]
UK Police Warn Against Coscoin Following £215k Crypto scam
Law enforcement organizations have issued a warning on the Coscoin cryptocurrency investment platform in response to many fraud claims. As to the most recent article by the BBC, Coscoin, also known as Cos or Cosetek, has positioned itself as a trailblazing platform in artificial intelligence-powered quantitative trading. Investors are drawn to the platform by the […]