KYC Is The Illicit Activity

KYC illicit

Quick take KYC, or ‘know your customer‘, is a common practice in the financial industry that requires companies to verify the identity of their customers before providing services. While the intention of KYC may be to prevent money laundering and other illicit activities, the practice has been shown to put users at risk as their […]

Compound Surges to the #1 Spot in the DeFi World, and Its New Cryptocurrency Rallies to a Market Cap Of $500 Million Amid Yield Farming Frenzy

compound yield farming

MakerDAO’s DeFi crown has just been wrested by Compound with some USD 642 million total assets under management locked in the platform The Maker Decentralized Autonomous Organization (DAO) has long been the king of the Decentralized Finance (DeFi) sector, but now Compound has dethroned MakerDAO for the #1 spot in the industry, with Compound having […]

Zimbabwe’s Currency is Collapsing… Again, and Bitcoin Is in High Demand

Zimbabwe currency collapse

The Zimbabwean dollar seems unable to prevent yet another cycle of hyperinflation, while demand for Bitcoin continues to rise Zimbabwean are experiencing some serious deja vu with the Zimbabwe currency collapse, since the national fiat currency is once again collapsing, and this is leading to a surge in crypto use. In 2008, the inflation rate […]