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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 […]

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. […]

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...

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 […]

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 […]

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 […]

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 […]

Various non-centralized protocols have been designed on Abitrum to benefit from some of its delightful features. Examples of these features include speed, low charges, and security. As of now, Abitrum stands as the biggest Ethereum Layer 2 solution. It also has more than three hundred projects, two billion dollars in TVL, and a token known […]

Cryptocurrency banks are banks that see cryptocurrencies such as Bitcoin and the like as a means of exchange and debt settlement. These banks usually interact in a friendly manner with cryptocurrencies or businesses related to crypto. These banks sometimes provide cryptographic custodial services. Most banks can shut down an account with very little or no […]

Stablecoin offers us the goodies of the blockchain while simultaneously avoiding the volatile nature of crypto. Examples of the blockchain goodies mentioned above are instant settlement, transparency, privacy, and lower transaction costs. All this time, Stablecoins have been becoming increasingly popular. Let’s check out some of the most commonly used cases for this group of […]