Month: April 2021

UnoRe Ecosystem for Investors

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PRESS RELEASE. UnoRe, the first decentralized reinsurance platform, is now allowing retail users to invest in risk. This opportunity is a part of the project’s vision to revolutionize the reinsurance industry, one that has been traditionally gatekept, preventing any significant innovation in hundreds of years. UnoRe aims to take steps towards alleviating the extreme global … Read more

Fed to Keep Rates Near Zero, Treasury Purchases to Continue, Powell Expects ‘Transitory’ Inflation

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In a policy meeting on Wednesday, the U.S. Federal Reserve told the public that monetary easing will continue and the benchmark interest rate will be kept near zero. Just like previous statements from Federal Open Market Committee (FOMC) members, the committee within the central bank is not concerned about inflation and says that it should … Read more

Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token

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Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez Believed the Petro Could Have Given Venezuelans a ‘Measure of Freedom’ Per a … Read more

Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants

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As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development Over Next 2-3 Years Decentralized finance (defi) has emerged as one of … Read more