OAX (OAX) is developing parachains and a Layer 2 Exchange (L2X) protocol to bring decentralized finance (DeFi) into wide use. In particular, OAX is building DeFi parachain features for the Polkdot Network (DOT). To elaborate, Polkadot (DOT) is a blockchain...

The popular USD Coin (USDC) stablecoin could be unstable and a threat to the financial system Federal Reserve analysts claim. Stablecoins, including USD Coin, face more risks, including runs and collapse, a Federal Reserve Bank of New York study alleges. In...

Airbnb (ABNB) shows why investors need to consider the social and political effects of technology. To explain, critics allege Airbnb’s short-term rentals have serious effects on communities. Airbnb Inc. (NASDAQ: ABNB) admitted this by permanently banning parties at its listings in June...

Ethernity (ERN) is an effort to cash in on fans’ insatiable appetite for sports and entertainment collectibles. Thus, Ethernity claims to be the “world’s first authenticated & licensed” NFT platform. The platform includes a marketplace that sells digital nonfungible token...

Prom (PROM) is an attempt to cash in gaming NFTs (nonfungible tokens). An NFT is a contract stored in the blockchain. To elaborate, the contract represents its holder’s ownership in an asset. Hence, you can think of an NFT as...