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Investing Advice

A Guide to Friend.Tech: A New Twitter-Based SocialFi

28 Aug 2023 @ 16:25
A new social application based on cryptocurrency was launched on August 10, and since then it has gained rapid traction within the crypto Twitter community. The social application was named ‘Friend.Tech’, and it is exclusively available on mobile devices. It is built on or established on the recently introduced Layer 2 blockchain, known as Base. […]
 

Exploring the Concept of Wormhole: A Brief Overview

25 Aug 2023 @ 20:30
A “wormhole” typically refers to a protocol or mechanism that facilitates the interoperability and transfer of digital assets, such as tokens or data, between different blockchain networks. Wormhole solutions aim to bridge the gap between separate blockchains that might have different technical specifications, consensus mechanisms, or protocols. Wormhole technology enables the...
 

PayPal Introduces a Groundbreaking Hub for Cryptocurrency Transactions

15 Aug 2023 @ 22:20
In a significant stride towards integrating stablecoins into mainstream finance, PayPal has introduced the USD-backed stablecoin PYUSD. This move marks a pivotal moment as PayPal, a prominent financial platform, ventures into the realm of stablecoins. Alongside this launch, PayPal is set to roll out the “Cryptocurrencies Hub,” a platform that empowers verified users to engage...
 

Comparing Crypto and Traditional Savings: Which Is More Effective for Wealth Storage?

14 Aug 2023 @ 16:38
Savings accounts have traditionally served as secure repositories for long-term wealth. Yet, the emergence of crypto savings introduces a new avenue for investors to consider. Tailoring your decision to your financial objectives and risk tolerance, opting for a crypto savings account could present an enticing alternative. Crypto Savings vs. Traditional Savings A conventional savings account...
 

Unveiling 2023's Top-Performing Crypto Investments

11 Aug 2023 @ 14:34
Discovering the year’s most promising crypto investments is a quest every investor seeks. Here’s a quick snapshot of 2023’s standout performers: Bitcoin, Ethereum, Solana, Bitcoin Cash, Ripple, and Stellar. These cryptocurrencies present distinct advantages, spanning Bitcoin’s rarity and liquidity, Ethereum’s smart contracts, Solana’s swift transactions...
 

On August 15th, Russia Begins Pilot Testing of Digital Ruble for CBDC Innovation

09 Aug 2023 @ 16:36
Set to Unfold on August 15th, the pilot endeavors will encompass a consortium of 13 banks alongside a carefully chosen cohort of clients. This strategic move underscores Russia’s transition from extensive bank-oriented trials to consumer-focused testing, signifying the nation’s strides in crafting its Central Bank Digital Currency (CBDC). The digital ruble’s overarching...
 

A Survey of the Solana DeFi Ecosystem in 2023

02 Aug 2023 @ 11:40
In recent times, the Decentralized Finance (DeFi) sector on the Solana blockchain has encountered various challenges, including hacks, FTX crashes, reduced liquidity, and network interruptions. However, surprisingly, Solana has shown resilience and strength amidst these difficulties. The credit goes to the dedicated efforts of the Solana team and developers, who have worked tirelessly to...
 

A Guide to the Best 5 Protocols on Tron (TRX)

31 Jul 2023 @ 13:03
Tron, a DeFi alternative to Ethereum, commands over 11% of the total value locked (TVL) in the DeFi industry. TRX, Tron’s native token, ranks among the top 10 cryptocurrencies with a market cap of $7.15 billion and a Year-to-Date (YTD) return of 45.5%. The good side is Tron’s investment ecosystem’s growth due to robust protocol […]
 

Identifying and Avoiding Cryptocurrency Airdrop Scams: Four Key Strategies

28 Jul 2023 @ 16:48
Be cautious of airdrops; scammers exploit the popularity of free tokens. While crypto airdrops offer an excellent opportunity to receive free tokens and help promote cryptocurrency projects, there’s a need for vigilance. Fraudsters misuse the appeal of free assets through fake airdrops to deceive unsuspecting victims. How can you identify and avoid falling prey to […]
 

Ways of Investing in the Metaverse

27 Jul 2023 @ 01:28
The Meterverse, through the employment of the latest realistic 3-dimensional technology, facilitates a realistic environment that allows users to be immersed in itself. Through the Metaverse, users can interact and transact business as they would in the real world. The key opportunity in the metaverse is its profit-making potential. The world of the Metaverse is […]
 
 
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