Data points to capital flight among most major DeFi protocols. On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly all stablecoin borrowings. Most notably, borrowings forContinue Reading

During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Lucrezia Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies, suchContinue Reading

The global toy company is partnering with OnChain Studios to bring its “iconic IP” to the metaverse. Mattel is getting into NFTs. The toymaker will partner up with Web3 company OnChain Studios to develop an NFT platform called Cryptoys for the Flow blockchain. NFTs are blockchain-based tokens that show ownership over digital or physical assets.Continue Reading

According to Gwyneth Nurse, one of the top people at the UK treasury’s financial authority, implementation of blockchain is a major way to modernize and improve the efficiency of the United Kingdom’s financial markets. The revolutionary innovation has the potential to be a game changer and may make it possible to emitContinue Reading