Finance

Ted Hisokawa Nov 05, 2024 07:39…

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). As the name suggests, it generates images, music, speech,…

What are decentralized finance services?Decentralized finance services are the new financial paradigms that manage financial transactions using cryptocurrencies and blockchain technology. The objective of the technology is to democratize…

On March 18, Euler Finance, a decentralized finance (DeFi) platform, received a surprising gift from the hacker who had drained $197 million from the platform just a few days earlier. The attacker returned 3,000 ETH ($5.4 million) to Euler…

Decentralized Finance (DeFi) is the financial system built on decentralized blockchain technology. It achieves distributed consensus by utilizing smart contracts over the blockchain, such as Ethereum. It is linked explicitly with the…

In a tweet thread posted Dec. 25, the Defrost team said a first attack used a flash loan to drain funds out of its V2 product. A second larger attack used the owner key to exploit V1. The protocol, which offers leveraged trading on the…

The requirement for Web 3.0 decentralised finance was planted during the year 2008 when the world experienced a financial meltdown that lasted nearly two years. The financial crisis resulted in an increase in unemployment, a decrease in…

Decentralized finance, or Defi, uses cryptocurrencies and blockchain technology to manage financial transactions. Defi intends to democratize finance by replacing old, centralized institutions with peer-to-peer connections capable of…

Lendable.co.uk, a major AI-powered consumer finance platform based in London, announced on Thursday it raised £210 million in a funding round led by the Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform (TIP).…

Since around 2017, economically, few nations had started facing some form of hurdle/s which assisted in turning almost every nation’s GDP (Gross Domestic Product) somewhat fatalistic in 2020. The desire of turning a centralized way of…