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Liquid Staking Protocols

26 Jun 2023 @ 18:59
So far, Ethereum staking has attracted $35 billion since December 2020. Liquid Staking Derivatives (LSDs) have low entry barriers; therefore, they represent 30% of the total amount of ETH staked. Liquid Staking began to gain popularity after the launch of the Beacon Chain in December 2020. This was when the Ethereum network switched from the […]
 

The Present State of Stablecoins

21 Jun 2023 @ 12:37
The modern cryptocurrency market runs on stablecoins due to their stability in value. Traditional cryptocurrencies like Bitcoin and Ethereum behave more like tech stocks than they do like secure repositories of wealth because of their high volatility. The need for digital assets with stable values has increased, along with investors’ interest in cryptocurrencies. To meet […]
 

A Complete Guide to Some of the Best BNB Chain Protocols

19 Jun 2023 @ 17:58
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 […]
 

Cryptocurrency's Quiet Gains: Ownership Increases Despite Price Decline

16 Jun 2023 @ 21:45
Despite the 18-month price decline, current data shows that more people than ever are investing in the cryptocurrency market. According to a survey sponsored by Michael Weber, a professor of finance at the University of Chicago, 12% of investors owned cryptocurrency in December 2022, up from just 2% in 2018. The Pew Research Center also […]
 

Investors' Guide to Uniswap: The King of the Decentralized Exchange

12 Jun 2023 @ 22:16
Currently, Uniswap enjoys the position of being the world’s leading decentralized exchange platform. Unlike some other DEXs and CEXs, it relies on a smart algorithm instead of a centralized order book to set prices on hundreds of ERC-20 token pairings that are available for purchase and sale on the platform. Centralized exchange platforms like Coinbase […]
 

Solana Introduces the ChatGPT Plugin on its Platform

10 Jun 2023 @ 23:13
Solana, a Layer 1 blockchain network, faced challenges as one of the first blockchain platforms to adopt artificial intelligence as a measure to fight its downtrend. Recently, Solana released its brand-new ChatGPT plugin, which allows users to buy NFTs, send tokens, and examine on-chain data. On Github, you can download the plugin. The CEO of […]
 

A Guide to Bitcoin Ordinals

06 Jun 2023 @ 13:17
Through Bitcoin ordinals, non-fungible tokens (NFTs) are introduced to the blockchain of Bitcoin. The intrinsic value of Bitcoin is increased by this novel strategy, and long-term investors are given new possibilities to participate in bitcoin-based NFTs. Non-fungible tokens (NFTs) have been making waves in the cryptocurrency investment market since 2021. They are now also prepared […]
 

The Top Five Cryptocurrency Debit Cards for 2023

02 Jun 2023 @ 09:35
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 […]
 

Examining the Exploding Interest in Ethereum Staking

31 May 2023 @ 19:00
The Ethereum merge is now 250 days old, and the demand for staking ETH has continued to increase. Also, due to the Shapella upgrade last month, which permits the withdrawal of staked ETH, demand for validators on the Ethereum network has increased dramatically. At the very early stage of the Shapella upgrade, the Ethereum network […]
 

The New Non-Fungible Token Standard ERC-6551: What Does It Mean?

26 May 2023 @ 09:05
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 […]
 
 
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