Working:It allows users to lend and borrow cryptocurrency from an accumulated liquidity pool.It is a shift from decentralized P2P lending strategy to a liquidity pool strategy.Basically, one can provide liquidity by depositing cryptocurrencies while the same can be borrowed by placing a collateral. Anyone depositing assets to the Aave protocol…

Weekly View: BTC: The equity markets recovery stalled this week , as concerns around growth , corporate earnings and probability of recession continued. This correlated to crypto assets doing poorly with BTC dropping below $20k yet again, after a dead bounce cat rally last week. The hanging sword on the…

MobileCoin is a cryptocurrency that aims to be a digital currency on the phone , making instantaneous transactions possible. It uses the Stellar consensus protocol , for scalability and speed. It has been designed to work with mobile messaging apps like Whatsapp or Signal, allowing for users to sending assets…

I recently learned about a new blockchain based project called GIANT Protocol , here is summary on that. Giant Protocol is trying to solve the core problem of connectivity , instead of setting up their own network they want to exploit and use the networks of centralized and decentralized entities…

2021 has a very weird year to say the least , with pandemic going through multiple waves , energy crisis pushing oil prices from nearly $0 to mid-80s , a theoretical gain of infinity % , bull market in equity markets which some say is totally unconnected to economy prospects…

In the last 5 days, the Dow Jones Industrial Average has corrected by 2.24% while the figure for the S&P 500 is 1.63%. At first glance, it seems a market pullback is a normal dip before another rally starts in the prolonged bull market. But apart from extreme valuations according…