After “DeFi Ted” (the core provider for COVER) had announced that the decentralized finance insurance currency named Cover, which is minted through Ethereum, will not be supported and developed as the key developers exited it suddenly. The value of the coin plunged to 16%. DeFi Ted added that the program COVER would be closed by…
As per the latest reports, the Indian Institute of Technology Madras (IITM) has made an announcement, which is promising for the crypto-community in India. The IITM has announced that it has recently joined hands with the council of Hedera Hashgraph. The Hedera Hashgraph Council is reportedly a governance platform for decentralization. The Institute of Technology…
Jack Dorsey (the CEO and co-founder of Twitter and the CEO of Square) stated that he has an intention to develop a Bitcoin-based decentralized exchange. Square (a provider of payment solutions) was created in 2009’s February only a month following the initial release of Bitcoin (BTC). Its three co-founders include Tristan O’Tierney, Jim McKelvey, and…
Cronos, a parallel chain of Crypto.com, is incorporating Brand Protocol (a decentralized network consisting of cross-chain oracles) to deliver trustless and reliable data for DeFi (decentralized finance) applications operating on it. Cronos declared that it targets enhancing the advancement of decentralized finance apps running on the network. The incorporation of Brand Protocol will enable the…