Blockchain

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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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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 dreamโ€”or an overly ambitious American movieโ€”doesnโ€™t it? Well, itโ€™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 โ€œan important part of the future of [the gaming] industryโ€.

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Imagine being paid generously for playing video games. Sounds like a dreamโ€”or an overly ambitious American movieโ€”doesnโ€™t it? Well, itโ€™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 โ€œan important part of the future of [the gaming] industryโ€.

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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 itโ€”from spending the first half of 2021 tweeting about Dogecoin to outrightly admitting that he doesnโ€™t have any Shiba Inu.

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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 itโ€”from spending the first half of 2021 tweeting about Dogecoin to outrightly admitting that he doesnโ€™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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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 โ€œValue Overflow Incidentโ€ Could Have Ended Bitcoin as We Know It

How the โ€œValue Overflow Incidentโ€ Could Have Ended Bitcoin as We Know It

As of September 2021, Bitcoinโ€™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 isnโ€™t quite as safe as one might think it is.

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As of September 2021, Bitcoinโ€™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 isnโ€™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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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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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, letโ€™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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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, letโ€™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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Binance to Cease Crypto Trading in Singapore

Binance to Cease Crypto Trading in Singapore

On September 27, 2021, Binance, one of the worldโ€™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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On September 27, 2021, Binance, one of the worldโ€™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 โ€œBad Luck Brianโ€ to โ€œSuccess Kidโ€โ€”the creators and faces of these memes have immortalized themselves on the internet. Whatโ€™s more? In doing so, they have made a lot of money. Hereโ€™s a look at our list of top five memes that sold as NFTs:

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Oh, to be a viral meme and earn thousands of dollars. From โ€œBad Luck Brianโ€ to โ€œSuccess Kidโ€โ€”the creators and faces of these memes have immortalized themselves on the internet. Whatโ€™s more? In doing so, they have made a lot of money. Hereโ€™s a look at our list of top five memes that sold as NFTs:

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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 โ€œPatron saint of Tumblrโ€ by Buzzfeed.

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

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 โ€œPatron saint of Tumblrโ€ by Buzzfeed.

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Crypto

China Tightens the Noose around Crypto

A week after crypto mining operations in Chinaโ€™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 โ€œhigh-pressure clampdownโ€ on crypto trading.

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A week after crypto mining operations in Chinaโ€™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 โ€œhigh-pressure clampdownโ€ on crypto trading.

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Blockchain's Public Access Boon or Bane

Blockchain’s Public Access: Boon or Bane?

A popular NFT marketplace, OpenSea, recently admitted to insider trading by one of their employees. While the company had not revealed the name of the erring employee, individuals were able to utilize the platformโ€™s public access blockchain ledger to ascertain the identity of the culprit.

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A popular NFT marketplace, OpenSea, recently admitted to insider trading by one of their employees. While the company had not revealed the name of the erring employee, individuals were able to utilize the platformโ€™s public access blockchain ledger to ascertain the identity of the culprit.

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SEC Compares Crypto

SEC Compares Crypto to โ€œThe Wild Westโ€

On September 14, Gary Gensler, the Chairman of U.S. Securities and Exchange Commission (SEC), said that he doesnโ€™t see long-term viability for cryptocurrency. He emphasized the importance of regulating crypto and protecting the interests of investors.

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On September 14, Gary Gensler, the Chairman of U.S. Securities and Exchange Commission (SEC), said that he doesnโ€™t see long-term viability for cryptocurrency. He emphasized the importance of regulating crypto and protecting the interests of investors.

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Bitcoin Mining So Energy Intensive

Why Is Bitcoin Mining So Energy Intensive?

The popularity of Bitcoin has given way to concerns surrounding its ecological impact. As of writing this article, Bitcoin is trading at US$45,106. The global impact of Bitcoin has been so tremendous that El Salvador adopted it as legal tender and Ukraine legalized Bitcoin exchanges.

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The popularity of Bitcoin has given way to concerns surrounding its ecological impact. As of writing this article, Bitcoin is trading at US$45,106. The global impact of Bitcoin has been so tremendous that El Salvador adopted it as legal tender and Ukraine legalized Bitcoin exchanges.

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What Is a SMART Contract

What Is a SMART Contract?

In August 2021, the cryptocurrency market hit the US$2 trillion mark. The NFT market has been doing equally well, with sales volume surging to US$2.5 billion in the first quarter of 2021. The common thread between these figures is the use of blockchain technology and smart contracts.

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In August 2021, the cryptocurrency market hit the US$2 trillion mark. The NFT market has been doing equally well, with sales volume surging to US$2.5 billion in the first quarter of 2021. The common thread between these figures is the use of blockchain technology and smart contracts.