Thousands from all corners of the world flock into the crypto space everyday in the hopes of getting their first taste of decentralized finance and all the perks that come with it. There’s no doubt that the blockchain and the DeFi domains have a lot of potential, but amid all the glory lurks an ominous […]
The world has stepped into a new year, with people continuing to be optimistic about the prospects it could unfold. Notably, with not even a passing by, the cryptocurrency space has already hit several headlines with respect to some major changes taking place across the world. And, like all sectors, this space too has recorded […]
Rug-pulling in the decentralised finance (DeFi) ecosystem has recently risen to the top list of the most-used methods of defrauding investors out of their hard-earned money.
Bad actors caused over $7.7 billion in losses from cryptocurrency scams in 2021, an 81% increase from 2020, according to a new report from blockchain insights company Chainalysis. Chainalysis explains that the decrease from two years ago was largely due to the relative absence of crypto ponzi schemes last year, and the reemergence of them […]
The Karura Project has a lot to live up to. Winning Kusama’s first Parachain Auction in style (somewhat predictably, some might say), brings high expectations. Rather than shy away from the inevitable scrutiny such a victory evokes, Karura boldly self-proclaim as “THE all-in-one DeFi hub of Kusama”. This article explores just how deserving this mantle […]