Investing Advice

Ethereum has emerged as the undisputed king of proof-of-stake blockchains. With a staggering $111 billion worth of ether staked as of July 2024, nearly 28% of the total ETH supply is locked up to secure the network. While this substantial “security budget” is essential for protecting Ethereum from attacks, it has also led to unexpected […]

Sentiment surrounding Ethereum (ETH) has undergone a dramatic shift. The market is increasingly signaling that the approval of an ETH ETF is an inevitability rather than a possibility. As a result, institutional investors are positioning themselves for a potential influx of ETH into their portfolios. This article delves into the fundamental factors propelling Ethereum towards […]

Polygon’s network is set to undergo a transformative shift on September 4th as the MATIC token transitions to POL. Initially, POL will assume the mantle as the primary fuel powering transactions and staking on the Polygon PoS chain. This evolution positions POL as a cornerstone for the network’s future, with a pivotal role in the […]

zkSync Era burst onto the scene as a promising Layer-2 solution for Ethereum, offering the allure of enhanced scalability, lower fees, and a developer-friendly environment. The launch of its native token, ZK, sent the market into a frenzy of airdrop farming, only to be followed by a swift sell-off. While the team behind zkSync, Matter […]

In a surprising move, cryptocurrency exchange OKX announced it would be discontinuing all services in Nigeria, citing “recent changes in local laws and regulations.” This decision follows OKX’s suspension of Naira withdrawals in May 2024, which coincided with the Nigerian government’s accusations against another major exchange, Binance, regarding alleged currency...

Looking to turn your crypto holdings into passive income? Crypto lending platforms offer a way to earn interest on your digital assets, similar to a traditional savings account. This guide explores the top crypto lending rates available (as of July 2024) to help you maximize your returns. What is Crypto Lending? Crypto lending is like […]

Wall Street’s growing appetite for cryptocurrencies has undoubtedly injected fresh momentum into the digital asset market. However, the influx of traditional finance giants may not be entirely benign, according to Tether co-founder William Quigley. While the increased liquidity and institutional backing can bolster market stability and confidence, Quigley cautions that it could also...

The Open Network (TON) has excelled in a volatile market, catching attention with its rapid growth and new all-time highs, even as the broader market declined. Its integration with Telegram has amplified its popularity, and while TON is well-known for its gaming ecosystem, it also offers diverse activities like liquid staking, lending, and trading. Here’s […]

Lowery’s theory posits that Bitcoin could become integral to US defense strategy, potentially driving its value to unprecedented levels. This bold assertion, made by US Space Force Major Jason Lowery, suggests a revolutionary shift in how we perceive and utilize digital currencies. In his role as a national defense fellow at MIT, Lowery has highlighted […]

KuCoin, a cryptocurrency exchange platform, announced an update regarding the implementation of Value-Added Tax (VAT) on transactions for users in Nigeria. This change, effective from July 8th, 2024, aims to comply with new governmental regulations and foster a transparent and fair trading environment. Impact on Users The VAT of 7.5% will be applied solely to […]