Introduction Decentralised Finance (DeFi) has revolutionized the traditional financial services ecosystem by utilizing blockchain technology to remove intermediaries. The result? Faster, more efficient, and cheaper financial services. However, despite its numerous advantages, the security of DeFi protocols has become a significant concern in recent times. Reportedly, back in 2020, hackers had stolen around $100 million …
Introduction Decentralized Finance (DeFi) has introduced a range of financial products that have made financial services more accessible and easier for everyone. However, to use DeFi protocols, having a DeFi crypto wallet is crucial as it allows individuals to operate as their own bank without the involvement of intermediaries. These DeFi crypto wallets provide secure …
Introduction GameFi is a term you may have heard of recently, but you might not be aware of ‘What is GameFi?’ yet. GameFi is a term that has emerged from the intersection of two popular industries: gaming and decentralized finance (DeFi). At its core, GameFi is about creating a gaming ecosystem that rewards players with …
One of the most notable recent applications of blockchain-based innovation is decentralized finance (DeFi). With a wide range of decentralized applications, DeFi eliminated obstacles to using conventional financial services. DeFi’s main objective was to eliminate middlemen from traditional financial services in order to establish new standards for financial service access. But while DeFi itself is …
DeFi has reinvented how we view finance, giving users more control over their money. With personal wallets and trading services catering to individuals, DeFi allows users to conduct financial transactions in a more peer-to-peer manner. It eliminates the need for a centralized finance model and can be used by anyone, regardless of who or where …
What are DeFi Coins and Tokens? What You Should Know? Read More »
Have you ever thought about what can be the next step for the interoperability factor in blockchains? Has it occurred to you that a close-knit interoperable network of blockchains requires a continuum? The cross chain ecosystem interoperability is gaining a lot of traction these days. This is mainly because it helps the users translate their …
The Cross Chain Ecosystem’s Guiding Principle is “A Continuum of Interoperability” Read More »
What is Solidity? Smart contracts play an extremely important role in the functioning of DeFi. While there are many languages like Rust and Yul, which have seen some widespread applications – Solidity has become a language of choice for smart contracts. Built by the Ethereum Network, Solidity is a high-level, object-oriented language used to create …
A Guidebook on Solidity Data Types: What Every Beginner Should Know Read More »
Crypto investments have earned great returns for investors in recent times. But even with high returns, there are several performance limitations to the crypto market. When people look for the performance indicators related to a crypto asset, Total Value Locked is one of the most accurate indicators. TVL in crypto is a key indicator that …
What is Total Value Locked (TVL), and Why Does it Matter in DeFi? Read More »
“Slope is more than just a wallet….it’s a way of life!” Slope wallet created a lot of hype when it was launched. On 22nd June, at 12:00 pm UTC, the first cross-chain crypto wallet, Slope Finance Wallet, was launched officially. It was built on Solana with the aim of building a wallet with super-fast speed, …
What is Slope Wallet and Why Does Slope Have the Vulnerability Read More »
Can the Blockchain Be Hacked? Blockchain technology has taken over the world since its conception in 2009. It is now being used outside of cryptocurrencies as a foundational mechanism in different industries and sectors for multiple use cases. This begs the ultimate question of security: can blockchain be hacked? It is commonly known as an …
