Blockchain

What Is a DAO and How Does It Make Money

What Is a DAO and How Does It Make Money?

Imagine that you and your partners come up with an excellent business idea. After drafting a thorough plan, all you need is the money to execute it. For that, you can set up a decentralized autonomous organization, or DAO. To join the organization, people buy tokens, gaining part ownership of your company while investing in it.

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What Are Decentralized Financing (DeFi)Platforms

What Are Decentralized Financing (DeFi)Platforms?

Decentralized financing (DeFi) is a blockchain-based financial system that does not rely on traditional financial institutions like banks. Decentralized financing platforms allow users to trade cryptocurrencies and make available other financial services, like borrowing and lending. In 2021, DeFi industry has grown to US$80 billion, with an expected ten-fold growth by 2022.

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Gamers-Turn-To-NFT-Games-to-Earn-Cryptocurrency

Gamers Turn To NFT Games to Earn Cryptocurrency

Imagine being paid generously for playing video games. Sounds like a dream—or an overly ambitious American movie—doesn’t it? Well, it’s reality for those following the rise of NFTs or non-fungible tokens. According to the Chief Executive of video game company Electronic Arts (EA), Andrew Wilson, collectible NFTs are “an important part of the future of [the gaming] industry”.

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Why is Shiba Inu coin up so much

Why Is Shiba Inu Coin Up So Much?

The doge meme and the cryptocurrencies associated with it have been gaining popularity all through 2021, and you have business magnate Elon Musk to thank for it—from spending the first half of 2021 tweeting about Dogecoin to outrightly admitting that he doesn’t have any Shiba Inu.

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How Monaco Planet Aims to Democratize NFT Space

How Monaco Planet Aims to Democratize NFT Space

Non-fungible tokens or NFTs have been taking over the digital world in 2021. The sales volume of NFTs reached US$2.5 billion in the first quarter of this year. Their popularity is evident with NFT memes like side-eyeing Chloe going for US$76,377.50.

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How the “Value Overflow Incident” Could Have Ended Bitcoin as We Know It

How the “Value Overflow Incident” Could Have Ended Bitcoin as We Know It

As of September 2021, Bitcoin’s market capitalization was US$782.65 billion. The cryptocurrency has been gaining massive ground, with over 2,300 US businesses accepting it as a form of payment and Paypal launching crypto services in their U.K. app. However, in spite of the surge in Bitcoin adoption, the currency isn’t quite as safe as one might think it is.

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Popular X-Rated NFTs

Popular X-Rated NFTs

2021 has been a great year for Non-Fungible Tokens (NFTs), with sales volumes growing eightfold and reaching US$10.7 billion in the third quarter of 2021. The rising popularity of NFTs has encouraged a large number of people, from memers to musicians and even adult entertainers, to join in on the trend!

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Top 5 NFT Scam

Top Five NFT Scam

From art pieces like EVERYDAYS: THE FIRST 5000 DAYS by Mike Winkelmann to cryptopunks and memes like Side-eyeing Chloe, the popularity of Non-Fungible Tokens (NFT) has been on the uptick. They have also been blowing up in value in 2021. NFT sale volumes have surged eightfold, reaching US$10.7 billion in the third quarter of 2021.

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Cryptocurrency without the Risk

The Benefits of Cryptocurrency without the Risk: Stablecoins

As of October, Tether, the largest stablecoin in the world, is the fifth largest cryptocurrency in the world. As of October 18, Tether has a market capitalization of over US$69 billion. However, to make sense of this development, let’s break down what a stablecoin is, and then look at the various kinds of stablecoins and what the future holds for them.

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TikTok Takes the Crypto Plunge into NFTs

TikTok Takes the Crypto Plunge into NFTs

The NFT craze does not seem to be going away anytime soon. The global hype around immutable digital assets has only gone up as TikTok hops on the bandwagon, allowing fans to “own a moment that broke the internet”.

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Binance to Cease Crypto Trading in Singapore

Binance to Cease Crypto Trading in Singapore

On September 27, 2021, Binance, one of the world’s largest crypto exchange platforms, announced that its Singapore users would no longer be able to buy and trade cryptocurrencies on its global platform starting from October 26 this year.

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Top 5 Memes Sold as NFTs

The Top Five Memes Sold as NFTs

Oh, to be a viral meme and earn thousands of dollars. From “Bad Luck Brian” to “Success Kid”—the creators and faces of these memes have immortalized themselves on the internet. What’s more? In doing so, they have made a lot of money. Here’s a look at our list of top five memes that sold as NFTs:

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What Makes an NFT an Asset

What Makes an NFT an Asset?

Anyone who has heard about NFTs will marvel at the astonishing prices people are willing to pay for them. Recently, the “Side-Eye Chloe” meme sold as an NFT for US$76,377.50, joining many other legendary meme NFTs. But what are NFTs? And why are people willing to bear such an expense to own them?

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Chloe NFT

Side-eyeing Chloe NFT Sold for US$76,377.50

In 2013, the then two-year-old Chloe Clems went viral as her hilarious side-eyeing expression made her into a beloved internet meme. In her meme avatar, little Chloe has ruled over the hearts of many a Twitter and Reddit enthusiast and has been dubbed the “Patron saint of Tumblr” by Buzzfeed.

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Crypto

China Tightens the Noose around Crypto

A week after crypto mining operations in China’s Sichuan province came to a halt, the country has now declared all crypto transactions illegal. On September 24, ten Chinese government agencies, including the central bank, made a statement saying that they would work closely to ensure a “high-pressure clampdown” on crypto trading.

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