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How Insurance Protocols Like Nexus Mutual Are Protecting DeFi Users!

How Insurance Protocols Like Nexus Mutual Are Protecting DeFi Users! Decentralized Finance (DeFi) has revolutionized the financial landscape, offering users unprecedented access to financial services without intermediaries. However, this newfound freedom comes with inherent risks. Smart contract vulnerabilities, market volatility, and actual malicious attacks pose significant threats to DeFi users. Innovative insurance protocols like Nexus Mutual have emerged to mitigate these risks and foster a more secure DeFi ecosystem. Nexus Mutual: A Pioneer in DeFi Insurance Nexus Mutual is a decentralized mutual insurance platform that covers smart contract risks within the Ethereum ecosystem. Unlike traditional insurance companies, Nexus Mutual operates on a member-owned basis, where policyholders contribute to a shared risk pool. This community-driven approach ensures that the platform’s interests align with those of its users. How Nexus Mutual Works Membership and Coverage Users can become m
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35 New Countries To Abandon US Dollar at 2024 BRICS Summit

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Russia’s President Vladimir Putin has confirmed that 35 new countries will participate in the upcoming BRICS summit. The 16th summit is scheduled to be held in the Kazan region of Russia from October 22 to 24. The nine-member alliance will discuss de-dollarization, rewrite trade policies, and prefer local currencies for cross-border transactions. Also Read: BRICS Settle 65% Trade in Local Currencies & Not the US Dollar Over 35 countries have confirmed their participation in the upcoming BRICS Summit in Russia. pic.twitter.com/AJOaX2C1bb — BRICS News (@BRICSinfo) October 16, 2024 Read here to learn how many sectors in the US will be affected if BRICS ditches the dollar for trade. Several developing countries are finding the de-dollarization initiatives lucrative, as using local currencies will boost their native economies. This development puts the US dollar on the path of decline, as ending reliance on the currency will lead to deficits. Also Read: Donald Trump Makes Huge Announcem
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Intel: 4 Reasons Why You Should be Worried About INTC

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There is no denying that the recent performance of Intel (INTC) stock has been concerning. Since it debuted its Q2 earnings that underwhelmed investors, the technology company has falted. Tuesday, it started down another 2% at press time to reinforce investor concerns. The company’s Q3 earnings report is set to arrive on Halloween; there is some optimism for the company. However, there is no denying that they face an uphill battle within the rapidly expanding tech space. With that being said, here are 4 reasons why you should be worried about Intel stock and the future performance of INTC. Missed the Boat on AI Source: Mint Also Read: Intel: 30 Analysts Predict INTC to Keep Falling in Next 12 Months Over the last several years, the emergence of AI demand has been undeniable. This is largely due to the meteoric rise of Open AI’s ChatGPT. The generative chatbot was an instant hit, driving consumer interest in similar projects and burgeoning a new era for the sector in mainstream technolo
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Donald Trump Makes Huge Announcement on BRICS De-Dollarization

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Former President Donald Trump on the ballot in November against Kamala Harris spoke about the BRICS de-dollarization agenda. Trump minced no words during the economic forum saying that countries that stop using the US dollar for trade will face severe consequences. Also Read: BRICS Settle 65% Trade in Local Currencies & Not the US Dollar JUST IN: Donald Trump says he will put 100% tariffs on countries abandoning the US dollar as world reserve currency. pic.twitter.com/kDKcyiLPos — Watcher.Guru (@WatcherGuru) October 15, 2024 The consequences include facing a 100% tariff on all goods that enter the US. The move will force the BRICS alliance to abandon the de-dollarization prospects and use the US dollar for payments as that’s the cheaper offer. Ending reliance on the US dollar would add a 100% tariff that would prove to be a costly method to do business. Also Read: BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance “If a country tells me, Sir we like you very much b
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Crypto Analyst Says Outsized Move Down in Sight for Memecoins PEPE and WIF – Here Are His Targets

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A crypto strategist is warning meme tokens Pepe (PEPE) and dogwifhat (WIF) are now in prime spots to witness deep corrective moves. Pseudonymous trader Credible Crypto tells his 425,900 followers on the social media platform X that he’s leaning bearish on PEPE. According to the analyst, the current PEPE rally will lose steam, setting the stage for a collapse below $0.00000570. “HTF (high time frame) distribution takes time. After bouncing off of our range lows, we are now back at the range highs and once again struggling to clear them – likely leading to another deviation and failure. The next leg down on BTC should give us an outsized move down on PEPE as well. I’m short.”  Source: Credible Crypto/X At time of writing, PEPE is trading for $0.000011, up over 13% in the past day but still close to Credible Crypto’s range high zone. Turning to fellow memecoin WIF, the trader says the altcoin is flashing a bearish setup at its range highs. “Patiently waited o
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Ripple's XRP Vs. Solana: Which Will Hit An All-Time High First?

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Ripple’s XRP token and Solana (SOL) are among the most popular cryptocurrencies in the market. While both projects have a loyal fanbase, SOL’s $72 billion market cap is more than twice that of XRP’s $30 billion. SOL is currently down by about 40.4% from its all-time high of $259.96, which it attained in November 2021. XRP, on the other hand, is down by 84% from its peak of $3.40, reached in January 2018, more than six years ago. Also Read: Neiro Coin’s 5540% Surge: Will the Rally Continue? What Is Keeping Both Assets Down? SOL took a massive hit after FTX collapsed in November 2022. The asset’s price fell below $10 in late 2022 but has since made an incredible comeback. XRP’s price has struggled to gain momentum over the last few years due to Ripple’s lawsuit with the SEC. The fintech company settled the lawsuit with a $125 million fine, and XRP does not seem to have any legal issues. Let’s find out which asset will hit a new all-time high first. Also Read: How to Become a Millionaire
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Trader Hints at Parabolic Rally to All-Time High for Solana Rival, Updates Outlook on PEPE and WIF

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A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (SOL) challenger. Pseudonymous analyst The Crypto Dog tells his 829,200 followers on the social media platform X that layer-1 chain Sui (SUI) may be poised to witness huge bursts to the upside after printing a new all-time high (ATH). With blue skies ahead for SUI, the trader thinks it is within the realm of possibility for the altcoin to go vertical. “We gonna see a proper parabolic ATH break run?”  Source: The Crypto Dog/X At time of writing, SUI is worth $2.32 slightly below its new all-time high recorded just hours ago. Turning to the memecoin Pepe (PEPE), the trader thinks it is gearing up to take out its diagonal resistance and spark a new leg up. “PEPE wants to start something.”  Source: The Crypto Dog/X At time of writing, PEPE is trading at $0.00000962, still below the analyst’s diagonal resistance. Looking at fellow memecoin dogwifhat (WIF), the
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