The YFII price has rebounded sharply in the past few days as investors buy the coin’s dip. The token is trading at $1,674, which is about 400% above the lowest level during the weekend. This price is still about 85% below its highest point on record. According to CoinGecko, DFI has a market cap of […]
What is BOLT 12? Well, it is a lot of different features and moving pieces put together to accomplish multiple different things — static QR codes, modular invoices, privacy for the person receiving the payment. But what is the whole package? It's a way to have a single QR code, an "offer," allow you to […]
When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved. Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a […]
Blockchain has always been associated with scalability issues, but thankfully there is someone on the horizon now to change that. Optimism is a fresh project that is helping Ethereum achieve greater scalability without complex configurations or a decline in speed and security. It makes use of Optimistic Rollups, a scalability method that groups transactions on […]
We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attractive due to this development. More […]
In 2021, cryptocurrency-related crimes set new records, with a 79 percent increase in total losses of $14 billion. Rug pulls have been among the most popular scams, with over 2.8 billion USD stolen from DeFi protocols victims. Rug pulls can be hard to detect, but there are techniques for detecting and recognizing evil intentions. The term “rug […]
Wrapped Luna (WLUNA) is an Ethereum based token that serves as a blockchain representation of Terra (LUNA). It’s a separate ERC-20 token designed to monitor LUNA’s worth. WLUNA was established to provide LUNA holders access to Ethereum-based DeFi dApps for trading, holding, and participation. A WLUNA partner may trade one LUNA for one WLUNA, and […]
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of approximately $73 billion, with 64% of the market share, compared with BNB Smart Chain, which is […]
This month, investors witnessed one of the most dramatic crashes a cryptocurrency has ever encountered. LUNA, the native token of the Terra ecosystem, crashed from literal three digits in price to hitting several zeros after the decimal in a matter of days. This crash didn’t affect the LUNA price solely but it shook entire crypto […]
If you have interacted with the crypto market in the past, then the chances are that you were able to interact with a lot of cryptocurrencies. Some are high-tier ones, such as Bitcoin, Ether, and XRP, and some other altcoins that are relatively new and still thriving. Every cryptocurrency out there uses a different consensus […]
Source: AdobeStock / vegefox.com James A. Ray, Board member at Kyrrex financial ecosystem. _____ Cryptocurrencies have come a long way in the recent decade, evolving from a marginalized payment method for questionable transactions to publicly traded instruments on the largest global exchanges. Nonetheless, these drastic changes remain insufficient for fulfilling the “currency” function of the crypto. […]
Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it. It’s been hard to ignore the discussion around CheckTemplateVerify (CTV) over the past few weeks as it has apparently been generating a divide in the Bitcoin community with developers, users and companies taking sides on whether the […]
Introduction Bitcoin is the flagship or firstborn cryptocurrency that made its first appearance in 2009 in the form of an open-sourced blockchain network. The creator of Bitcoin, Satoshi Nakamoto, who is a pseudonymous contributor, also published a White Paper to share the vision of the digital tokens with the world. Nakamoto intended to create a […]
Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it […]
What is peer-to-peer (P2P) trading? Peer-to-peer (P2P) trading is a type of cryptocurrency exchange method that allows traders to trade directly with one another without the need for a centralized third party to facilitate the transactions. Unlike traditional Bitcoin (BTC) exchanges, which typically have strict regulations and require users to go through a verification process […]
The metaverse is coming! Excitement and speculation around the immersive future internet has skyrocketed since Facebook rebranded as Meta and unveiled its own vision for the space—but crypto creators have been building towards the metaverse for years. One of the most anticipated projects in the space is The Sandbox, an Ethereum-based video game that lets […]
With this incredible dawn of decentralization and blockchain technology going mainstream, people are presented with so many choices in terms of trading; they don’t have to invest their money into a dedicated cryptocurrency, hold that off for some period of time, and only let it go when the prices are high to turn in a […]
Near price has been rising since February 27 and the bullish trend seems to be gaining momentum by the day. At the time of writing, NEAR is trading at $18.67 up 22.72% in the last 24 hours. It has hit a daily high of $19.64 which is still below the all-time of $20.42 that it […]
Non-fungible token (NFT) crypto collectibles like artwork and videos exploded in popularity in early 2021, but several blockchain-based video games had already been building in the space before most people took notice. When NFTs hit the mainstream, the promising crypto game Axie Infinity by indie studio Sky Mavis took off. And when the wider NFT […]
Bitcoin, the world’s largest cryptocurrency, among other major altcoins started the week on a surge after a bloodbath that saw the majority of cryptocurrencies nosedive below expected levels over the past two months of 2022. Yesterday, BTC reached a new three-month high after hitting a high of $47,765 before retracing back to $47,506.06 at the […]
After being officially revealed just yesterday, ApeCoin (APE)—the Ethereum-based token for the growing Bored Ape Yacht Club ecosystem—is now flowing. Launched today for NFT holders to claim, some 93 million tokens have already been snagged. That’s about $810 million worth. While current Bored Ape and Mutant Ape NFT holders will benefit most initially, given that […]
