What is RichQUACK (QUACK)?
RichQUACK is a decentralized project designed to mock those who did nothing but expect luck, other people, or even destiny to give them everything in life. It is a hyper-deflationary, self-generating automatic liquidity that pays out static rewards to holders. It is also a community-driven project, which means every participant needs to work hard together […]
What Is DeFi?
Decentralized Finance (DeFi) is a type of cryptocurrency-based financial service that enables the development of exchanges, lending platforms, insurance companies, and other services without the need for centralized management. Similar to bitcoins, DeFi eliminates the requirement for a centralized body. DeFi was undoubtedly one of the most popular terms in the cryptosphere. At one point, […]
What is CoinFi (COFI)?
While anyone looking to build exchange connectivity can leverage open-source libraries, the offerings still need to be more mature to use out of the box if you want to trade competitively. Custom connectivity is required to maintain a speed advantage. Additionally, crypto exchanges do not have the robust technical infrastructure that more mature asset classes […]
Liquid Staking: What You need to know about!
Liquid staking services have become increasingly popular among investors, with the top two, Lido and Rocket Pool, capturing the majority of the market share among decentralized options. According to RBC Crypto, the rate of native tokens Lido (LDO) and Rocket Pool (RPL) has increased by 144% and 98%, respectively, since the beginning of the year, […]
What is Gods Unchained (GODS)?
The gaming industry is immense but flawed, built on one-sided models that limit user ownership and stifle player-driven economies. Gods Unchained believe players should truly own their items in any game; more than that, they believe players should be rewarded for the time and effort they invest in playing a game and contributing to that […]
What is Bitgert (BRISE)?
Bitgert BRISE is a revolutionary blockchain-based crypto engineering project that focuses on blockchain products and audits all over the world. It is an engineering institution that aims to create solutions for blockchain technology products and audits through a speedy blockchain known as the BRISE chain – a native blockchain of the Bitgert company built with […]
What is the Proof-of-Stake (PoS) consensus algorithm and why is it so prominent?
The majority of cryptocurrencies and blockchain systems, including Ethereum, Cardano, Solana, Tezos, and Algorand, are based on the Proof-of-Stake (PoS) consensus mechanism. PoS has gained popularity due to the lack of the need to purchase expensive mining equipment and the potential for simple passive income by staking coins. The main advantage of Proof-of-Stake is that […]
What is AllianceBlock (ALBT)?
The AllianceBlock Ecosystem is designed as a multi-faceted platform that enables its members to issue, transfer and own tokenized and digitized assets. An ‘open’ ecosystem allows any entity to create assets and applications without needing approvals from centralized “trust” authorities. It uses human and machine intelligence to harness the ‘wisdom’ of groups in decision-making and […]
What are Appchains?
Appchain (applied blockchain) is a blockchain invented exclusively for the functioning of one specific application. The use of such tools gives developers more freedom to shape ecosystems, governance structures, and consensus algorithms for the decentralized applications they create. How do Appchains function? Appchains function the same way as the fundamental blockchain, but on top of […]
Short and Long Positions in Cryptocurrency Trading
Shorts and longs refer to sell and buy positions in trading that are commonly used for margin trading with leverage. In cryptocurrency trading, where assets are highly volatile, traders can use these positions to profit from price fluctuations. It’s important to note that hedging is also crucial when trading in long and short positions, which […]
Exploring ISO 20022 Compliant Cryptocurrencies
In the past few years, the popularity of cryptocurrencies has grown significantly, leading to an increase in the number of investors seeking to invest in digital assets. However, some investors may not be aware that certain cryptocurrencies adhere to the international standards established by the International Organization for Standardization (ISO). ISO 20022 is a standard […]
Automatic Market Maker: Definition and Function
An Automated Market Maker (AMM) is a type of software algorithm that is designed to manage liquidity and set pricing for crypto assets on decentralized exchanges. These systems have become increasingly popular in the world of Decentralized Finance (DeFi), and are often used on decentralized exchanges like Uniswap, Balancer, Bancor, and Curve. Rather than relying […]
What is Axelar (AXLERC20)?
Multiple blockchain ecosystems are emerging that provide unique and distinct features attractive to users and application developers. However, communication across the ecosystems could be more sparse and cohesive; Axelar enables applications to communicate across blockchain ecosystems frictionlessly. Axelar is the universal overlay network, securely connecting all blockchain ecosystems, applications, assets and users to deliver Web3 […]
The Price of Ethereum: Effects of the Shanghai Upgrade
Ethereum, the second-largest cryptocurrency by market capitalization, is gearing up for a significant upgrade known as Shanghai. Slated for release in March 2023, this upgrade is second only in importance to The Merge, which shifted Ethereum to a Proof-of-Stake (PoS) consensus algorithm. One of the primary features of the Shanghai upgrade is the ability for […]
What is Mass Vehicle Ledger (MVL)?
MVL is a fast-growing web 3 mobility ecosystem, a blockchain-based mobility ecosystem launched in 2018. Mobility industry workers participating in the MVL ecosystem have sovereignty over the values they create and are provided with incentives. MVL has established a virtuous cycle ecosystem in which more people participate by operating high-quality, profitable services and applying incentives […]
Artificial Intelligence and Cryptocurrency: A Promising Combination for Future Investment
Understanding Artificial Intelligence Cryptos As of December last year, Artificial Intelligence (AI) cryptos have experienced a surge in popularity and have proven to be a lucrative investment opportunity. These innovative projects aim to blend the power of blockchain technology with the capabilities of artificial intelligence. From the financial industry to the gaming sector, there is […]
What is Victoria (VR)?
Victoria VR is the world’s first open-source blockchain-based virtual reality metaverse with realistic graphics that provides a Massively Multiplayer Online Role-Playing Game (MMORPG), entertainment, and many other activities. The entire world is built to serve as a universal platform for all virtual realities, games, and decentralized applications, resulting in the creation of a metaverse built […]
What is happening with the Ethereum (ETH) rate amid Zhejiang testnet update
The current market price of Ethereum (ETH) is hovering around $1570. If the price manages to consolidate above the critical level of $1670, it could be an encouraging sign for bullish investors. On January 31, the developers of Ethereum made an exciting announcement regarding the launch of the Zhejiang test network. The primary purpose of […]
Exploring the Factors That Could Ignite a Bitcoin Rally in 2023
As we enter 2023, the Bitcoin market is experiencing steady growth, offering a respite from the previous bearish conditions. Many investors are now asking whether this trend will continue and lead to a significant rally in the coming months. Recent data suggests that such a rally may indeed be on the horizon, with cryptocurrency quotes […]
The most profitable and unprofitable cryptocurrencies for the beginning of 2023
January 2023 was a month of growth for the cryptocurrency market, as the sector saw a resurgence after the prolonged crypto winter. The Bitcoin rate, which had declined by more than 70% due to the global economic crisis and the difficult geopolitical situation in the world, rose by 39.8% in value, reaching $23.42 thousand. Ethereum […]
