Tag: defi
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The Importance of Digital Currencies in the Coming Open-Finance Age
Finance, money, and technology are three crucial things in our lives that go hand in hand. When we did not know the concept of money, trading came in handy. With evolution, the methods have changed too. Trading for food evolved into trading for commodities. Commodities turned to fuel, and today, we trade everything in exchange…
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Altcoins like safemoon and dogecoin aren’t going to the moon and you could lose all your money, analysts say
Investors are searching for the next bitcoin and ether. Getty Images / vb Altcoins like safemoon and dogecoin serve little purpose and are highly risky, analysts said. Safemoon bills itself as a decentralized finance token that is set to skyrocket in price. Yet analysts warn it could be a "pump and dump" scheme that hurts…
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JPMorgan and UBS invest in Ethereum developer ConsenSys as part of $65 million funding round
The Ethereum network has been at the heart of the boom in NFTs. Dado Ruvic/Reuters JPMorgan, UBS and Mastercard have invested in Ethereum developer ConsenSys as part of a $65 million raise.ConsenSys is at the heart of the Ethereum network, which is central to NFTs and DeFi technology.The investments are the latest sign of big…