Business

Kyber Network, as a decentralized finance (DeFi) protocol, suffered a major setback on November 24, losing a substantial US $48.8 million in an exploit—an amount not seen since the previous year’s first half. It is one of their regrettable cuts ever again! Their workforce, the announcement of the difficult move made by CEO Victor Tran […]

Blockchain-based lending is rising, showing a significant uptick, with the value of active tokenized private credit reaching $582 million. This marks a whopping 128% increase from the figures recorded just a year ago, according to data from real-world asset loan tracker RWA.xyz. Despite falling from the $1.5B peak in June 2022, the resurgence reflects growing […]