19 Jul 2023 @ 23:18
DeFi (Decentralized Finance) has experienced a remarkable increase in its growth rate. At first, it was centralized around the ETH (Ethereum) network. Nevertheless, as technology continues to develop, Decentralized Finance has started to spread its tentacles into the Bitcoin network. This article is targeted at giving readers a clear insight into BitFi, its development within […]
12 Jul 2023 @ 07:58
You’ll probably want to do it through a cryptocurrency lending platform if you want to earn interest on your cryptocurrency, much like you would earn interest at a bank. The top prices as of July 2023 are listed below: Cryptocurrency Lending Defined In the conventional banking system, the bank makes loans with the money you […]
06 Jul 2023 @ 19:33
Since its launch in 2010, Bitcoin has experienced exponential growth in both value and popularity, laying the groundwork for a market with a ten-year valuation of $1 trillion. Following larger macroeconomic unrest, the use of cryptocurrencies has grown, with millions of new users joining the decentralized realm of cryptocurrencies as a safeguard against conventional finance. […]
30 Jun 2023 @ 09:35
This new crypto exchange has started operation; deals are now being executed on the platform. This new exchange platform hopes to win the hearts of wary brokers and investors because of the FTX disaster and Binance’s current issues. As a “noncustodial” exchange, EDX Markets won’t deal with its customers’ digital assets directly. Instead, it manages […]
28 Jun 2023 @ 07:14
Layer-2 scaling solution Polygon, originally known as Matic, is based on the Ethereum network. Its major objective is to solve Ethereum’s scalability problems and offer cheaper, quicker transactions. Transaction fees may become unprofitable for frequent or small investments if Ethereum-based decentralized applications (dApps) gain popularity. A sidechain called Polygon operates in tandem...
20 Jun 2023 @ 03:58
Since 2021, the BNB chain has been making waves in the decentralized finance (DeFi) sector. It currently holds almost 9% of the market share. It is also now becoming a formidable competitor with some of the top DeFi platforms, such as Ethereum and Tron. BNB is an appealing alternative to Ethereum due to its user-friendly […]
14 Jun 2023 @ 16:02
Yield farming has been described as the DeFi ecosystem’s lifeblood or rocket fuel. During a time when traditional banks were offering exceptionally low loan rates, yield farming produced substantial yields. Over the next two years, yield farming drew more than $150 billion into DeFi protocols, solidifying it as the “next big thing” in crypto. According […]
02 Jun 2023 @ 19:35
The cryptocurrency debit card is a type of debit card that allows holders to purchase and pay for services in real time using their crypto assets. These cards function like normal debit cards. These cards are connected to crypto wallets or online accounts where cryptocurrencies are stored. They convert the usual currency to the token […]
26 May 2023 @ 19:05
The ERC-6551 is the latest standard for Non-fungible tokens (NFTs), and it has the potential to revolutionize the Non-fungible token ecosystem. In addition, TBAs (Token Bound Accounts) which are the latest category of NFTs is compatible with the already existing ERC-721 Non-fungible tokens. The TBAs enable NFTs to have smart contract capabilities, thereby improving their […]
19 May 2023 @ 23:39
The fees on Ethereum and Bitcoin have ramped up over the previous weekend, and they have increased by twofold what they were the week before. What could be the cause of this instantaneous fee increase, and what are its implications for the future? This is what we will be considering in this article. Although the […]