Backed Finance has officially launched xStocks, ushering in a new era for investors seeking to bridge traditional finance with the decentralized world. These tokenized stocks power the Solana ecosystem’s might. Their cost-effective and agile nature make them an attractive alternative for accessing and trading equities. More than 60 tokenized stocks...
Wall Street is about to get schooled. For more than four decades, it has functioned under a rigged set of rules that only advantage the insiders. A new force is emerging, one powered by blockchain and fueled by a desire for a more equitable financial system: tokenized stocks. Forget about...
Imagine it—your customizable digital twin walking through an immersive, bustling, cyberpunk-like, metaverse-inspired city. Since it’s in-game currency earned from going on adventures, it only buys you 0.000001 of a tokenized Tesla share! Sounds like science fiction? Think again. When compared to the past availability of tokenized stocks, this recent surge...
The cryptocurrency sector is undergoing a confidence crisis. The unavoidable transparency of blockchain technology goes against the growing desire for user privacy and security. The default transparency of blockchain technology, while enabling decentralization, can expose personal details and transaction histories, turning into a privacy nightmare for users. Recent deaths of...
DeFi was supposed to deliver the financial revolution, making every transaction invisible from the watchful gaze of the state and big tech. Revolutions, like mirrors, are sometimes long in showing their unintended consequences. We’re looking into DeFi’s reflective dark mirror, and what’s looking back is not so beautiful. The search...
That's how some still describe DeFi. Yet the saloons are awash with corrupt gain – almost $19 billion since 2011. We created this decentralized utopia on transparency, on the belief that public ledgers would create the trust we all needed. As it turns out, that’s an open invitation for very...
The landscape of decentralized finance (DeFi) is moving at a dizzying speed, creating new opportunities and dangers everyday. Among the most pressing is the DeFi privacy trilemma: balancing the need for privacy with the demands of compliance and the core principle of decentralization. Now as DeFi has matured due to...
You've probably heard the narrative: CEXs are embracing DeFi, expanding access, innovating for the future. Sounds nice, doesn't it?CEXs are scared. Scared of competition, scared of a decentralized internet, scared of an ordered world where their intermediaries are no longer a requirement. They're reacting, yes, but their moves into "CeDeFi"...
Even more interestingly, centralized exchanges (CEXs) are embarking on decentralized finance (DeFi). They are, instead, adopting a third, hybrid CeDeFi model that marries the best of both centralized and decentralized approaches. That strategic shift is driven by a handful of key factors. Specifically, we seek early access to tokens that...
We know that CEXs, or centralized exchanges, are attacking the DeFi sector in full force. This trend is transforming the whole crypto ecosystem. Behemoths such as Binance, Coinbase and Bybit are at the helm of this push, doing so with their own, varied approaches. This article describes the issues propelling...
A billion-dollar valuation for the ability to palm scan? No joke. While everyone’s chasing the next crypto unicorn, I can’t shake the feeling we're blindly galloping towards a future where our bodies are the ultimate key – and the ultimate target. Humanity Protocol’s H token has skyrocketed, partially fueled by...
It’s that same sort of exuberance you felt when you first heard about the metaverse. The fulfillment of digital utopia, being in touch with everyone on planet Earth through expansive online metaverses, creating prosperous virtual societies? It sounded revolutionary. Now, look at Horizon Worlds. Clunky avatars, digital tumbleweeds, and a...
Zuckerberg wants AGI. Personal superintelligence, he calls it. An AI that essentially runs your life. Sounds convenient, right? Maybe. But let's be brutally honest: entrusting the keys to your existence to a single, centralized entity – especially one with Zuckerberg's track record – is a recipe for disaster. Well, it’s...
Just as Mark Zuckerberg made headlines with a big pivot to the now overly-hyped Metaverse, he’s undertaking another big pivot. He’s recently been exploring the thrilling worlds of AI and AGI (Artificial General Intelligence). After the hype and billions of dollars, Meta’s Metaverse projects—especially Horizon Worlds—have found difficulty in attracting...
As a response, the Global South is increasing its efforts to create and deploy Digital Public Infrastructure (DPI). This increased focus will improve service delivery, increase financial inclusion, and create economic opportunity. As these countries begin their own journeys towards digital transformation, there is much that can be learned. The...
Take Fatima as an example, a skilled weaver in a rural Ethiopian community. Though her detailed designs are breathtaking, getting her products in front of customers outside of her small local market is an ongoing challenge. Picture this—Fatima exploring a bustling metaverse marketplace. Today, her engaging digital tapestries are critically...
Consider the case of a smallholder farmer in rural Africa, not able to receive a loan due to the lack of a verifiable national ID. Or a woman entrepreneur in Latin America, swimming against bureaucratic red tape just to register her business. This is not merely an inconvenience, it is...
On the AI front, Meta seems to be making all the right moves. It’s primarily focused on creating what they term “personal superintelligence.” This new initiative marks a departure from the company’s earlier metaverse-centric plans, marking a major pivot in strategy. Meta believes in an AI future that’s closely integrated...
