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May 2022
Decentralised finance (DeFi) is often touted as the ‘future of finance’. As opposed to centralised cryptocurrency exchanges, Decentralised exchanges (DEX) offer self-executing smart contracts without the need for intermediaries. However, there are some downsides to DeFi; the major of which is crypto-based money laundering. Crypto-based money laundering has found a new channel through DeFi protocols...
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Breaking news! The king of cryptocurrencies, Bitcoin (BTC), has fallen to its lowest level this year! As of 11 May 2022, BTC fell below $29,000—its lowest since July 2021. Even though the news of BTC crashing and rising might not mean much to you, especially if you don’t have any investments in it, you might...
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Ever since the announcement of Elon Musk’s stake in one of the biggest social media companies, Twitter, and the speculations surrounding his appointment as a member of the board of directors, the company has experienced erratic sales in shares. Between the tech giant’s obvious influence on the stock value of companies, Twitter’s difficulty in achieving...
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The war in Ukraine has entered its third month, and there seems to be no ceasefire in sight. Russian forces have besieged and taken over cities like Kharkiv and Tokmak. Russia has also placed a blockade on Ukrainians in Mariupol. Many have condemned Russia over its continued ‘war crimes’ and are calling for the prosecution...
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Since the last half of 2021, Bitcoin (BTC) has recorded milestones, including El Salvador’s adoption of the cryptocurrency as a legal tender. Earlier this year, Uruguay became the 11th South American country to further embrace cryptocurrency by deploying its first Bitcoin ATM in the tourist city of Punta del Este. The government fully funded this...
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