Cryptocurrency Analysis and News Portal
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Industry experts are confident in DeFi and believe the sector would continue to see adoption despite its security flaws, primarily due to the mammoth failure
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Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows.In the latest industry report from cryptocurrency exchange Huobi, "Global Crypto Industry Overview and Trends", trends and stats were pulled from the industry on everything from nonfungible
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SOC 1 examines internal controls over financial reporting, while SOC 2 looks at controls based on AICPA's trust principles, which include security, availability, processing integrity, confidentiality, and privacy. Type 2 reports evaluate operational efficacy. Source
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To safeguard the security provisions it has engineered, all projects launching on Apex must pass a security and Know-Your-Customer (KYC) audit from Soken, the blockchain network’s contracted, security expert.The Web 3.0 ecosystem is filled with many blockchain protocols, but not all offer the same level of security and ease of
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Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial and retail operations. Nvidia Believes Metaverse
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Place/Date: - December 12th, 2022 at 6:08 pm UTC · 3 min read Source: TipTop The recent launch of the TipTop app has attracted thousands of FitnessFi enthusiasts and sent reverberations across the Move-to-Earn industry. Within an already overcrowded market for fitness apps, TipTop stands out for
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With decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of entering the space. However, professionals within the crypto space are confident that DeFi will have broader adoption in the future. From educating institutional investors to eliminating user experience barriers for retail investors,
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The third quarter of 2022 saw a reduction in venture capital activity across the entire blockchain industry. Investors appear to be moving away from decentralized finance (DeFi) and into Web3. The crypto industry tends to have a problem with overusing buzzwords, like the way “DeFi” was everywhere just a couple of
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Bitcoin (BTC): The largest cryptocurrency by market capitalization was trading around $17,200, up 2.2% in the past 24 hours. BTC was hovering below the $17,000 mark earlier in the day but then jumped around 1:20 p.m. ET to trade as high as $17,293. Equity markets also turned green, with the
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This year’s events – culminating recently with the implosion of one of the global crypto giants, FTX – “have revealed that the crypto industry risk management practices are weak, that stablecoins may not be stable, and that contagion risk within the crypto industry is high,” said Hsu, who has been
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