What is iExec RLC (RLC)?
iExec is the future of the Internet’s infrastructure by decentralizing the cloud computing market and being the first blockchain-based cloud computing marketplace. The iExec network connects cloud resource sellers with buyers, encouraging an ecosystem of decentralized, autonomous, privacy-preserving applications. This network aims to provide companies with scalable, secure, and easy access to the services, datasets, […]
Top 10 Mischievous Crypto News No One Told You in 2021
When you take a critical look into the publicity given to the crypto industry, you would think that sad events are not occurring in the space. Cryptocurrency adoption is taking the upward ride. But despite the financial advantage, the truth remains that there are many gloomy cases in the crypto space. An increase in publicity […]
India’s new crypto regulation bill moves to ban private digital assets
India is back at it with crypto after its government said it would introduce a new bill to regulate digital currencies in the Winter session of Parliament. A report unveiled this news on November 24, noting that this bill will effectively call for the banning of most private cryptocurrencies. However, the bill will exempt specific […]
Crypto.com and AEG ink a $700M deal to rename Staples Center
Hong Kong-based Crypto.com has signed a deal with Anschutz Entertainment Group (AEG), the owner of the Staples Center, to rename the 20,000-seat stadium Crypto.com Arena. A report unveiled this news earlier today, noting that the crypto platform parted with $700.00 million to secure naming rights to the arena. Reportedly, this is the largest naming right […]
Squid Games Collapsed. How to Spot a Rug Pull-in Crypto
The crypto industry has been booming recently. More cryptocurrencies have emerged to solve the centralization problem the financing sector faces. However, some people are out to take advantage of the crypto popularity and naivety of some investors. Thus, the start-ups lure angel investors with enticing promises and schemes only to steal from them. Despite the […]
Miami mayor says city residents will get dividends from MiamiCoin
Miami mayor Francis Suarez has disclosed that Miami intends to become the first city in the US to offer its residents dividends in Bitcoin (BTC). He shared this bullish information during an interview on November 11, saying Miami will obtain funds to finance this initiative from its cryptocurrency, MiamiCoin (MIA). In the interview, Mayor Suarez […]
Is Crypto a ‘common good’ for the next generation?
Blockchain networks are supportive of principles that allow permissionless usage and open access. The technology has worked to shy away from political influence and regulation that may undermine the idea of independence and democracy. However, the governance and accountability of decentralized finance networks have always been questioned. In addition, the answer has always been that […]
The Similarities and Differences Between Crypto and Forex Trading
Since the emergence of cryptocurrency, crypto trading has attracted comparisons with foreign exchange trading. A significant number of prospective traders have no idea of the difference between the two and which market to venture into. The duo is accredited as two of the most profitable markets despite their risky nature. Thus, they have attracted a […]
What is Filecoin (FIL)?
Made by the infamous Protocol labs and built on top of the Interplanary File System, Filecoin is an open-source, publicly-accessed cryptocurrency token that allows users to rent space on vacant hard drives to store information. It is a digital asset as well as a blockchain-based digital storage system for easy data retrieval. With its initial […]
SHIB holds gains despite Elon Musk saying DOGE is the people’s crypto
Shiba Inu (SHIB), a Dogecoin (DOGE) offshoot, has, once again, made headlines after its bullish performance over the weekend. The canine-themed cryptocurrency surged past $0.00003 and traded higher than $0.00004, entering the top-15 list of leading cryptos by market capitalization. The coin has since held on to this position. According to CoinMarketCap, SHIB’s ascent started […]
Q4 Crypto Spike: 5 Cryptos Spiraling Upward Trend Caused by Institutional Adoption
Cryptocurrency has been on a wild move since the start of this year. It is a combination of excitement and enthusiasm around the crypto space. Meanwhile, this revolves around the growth the crypto market experienced in the first six months of 2021. As a result, crypto-related products and decentralized finance (DeFi) became the new discourse […]
What is OKB (OKB)?
The OKB platform is a cryptocurrency exchange service that gives holders of its dedicated cryptocurrency access to special features such as reduced transactional fees, as well as governance and voting power on the network. OKB was originally released by the OK Blockchain Foundation and the Maltese cryptocurrency exchange OKEx. Globally, the exchange currently ranks fourth […]
BTC’s market cap peaks at $1.211T as the price approaches its ATH
Bitcoin (BTC), the largest cryptocurrency by capitalization, has unlocked another milestone after breaching past its initial market cap all-time high (ATH) of $1.206 trillion. The digital asset achieved this feat yesterday after its capitalization swelled to $1,211,242,526,571. At the time of writing, BTC’s market cap has had a slight downward correction from its peak to […]
What is Axie Infinity (AXS)?
Axie Infinity is a trading and video game platform that is blockchain-based and partly owned and controlled by the participants of the platform. The concept of the platform is based on inspirations from classic games like Tamagotchi and Pokemon. The gaming part of the platform features a flexible open-ended sequence that allows the participants to […]
What is Cosmos (ATOM)?
There are over 10,000 dApps, tokens, and coins listed on popular exchange platforms with each uniqueness. Starting from the pioneer cryptocurrency coin, Bitcoin, used as a form of exchange and legal tender. Ethereum is used as a general smart contract and also as a form of legal tender. These developments were plagued with different setbacks […]
What is Neo (NEO)?
Neo is a platform created to support the development of blockchain-based digital assets as well as smart contracts. According to the company, it advertises itself as a “rapidly developing” platform with the grand goal of laying the foundation for the next generation of the internet. A community where economic products and payments for those products […]
Top Engineers Abandon Facebook’s Crypto Project
Leading companies are entering the crypto and blockchain space. Facebook is one of the organizations that has been exploring the industry. However, the top engineers working on Facebook have abandoned the project to work with A16z, led by Andreessen Horowitz. Facebook wallet Novi One of the oldest and well-known social media channels, Facebook has been […]
What is UNUS SED LEO (LEO)?
UNUS SED LEO (LEO) is the native utility token used for executing transactions on the iFinex ecosystem. The token is relatively new and has a design structure that allows for the extension of user capabilities across the iFinex platform as a whole. The index is a subset of Bitfinex company, a platform for executing a […]
What is The graph (GRT)?
The graph is a decentralized protocol that allows developers, users, and merchants to organize, query, and index blockchain data. It can successfully read extremely complex data directly from the blockchain, with more recent successfully read projects like Uniswap and NFTs like Bored Ape Yacht Club. The graph network or ecosystem consists of 3 major parties […]
Unknown user pays a 123 ETH commission and other key events in the crypto space
The crypto market has been eventful this week with a new rally sending Bitcoin (BTC) past $59,000. At the time of writing, the flagship cryptocurrency is trading at $59,039.32 after a 2.36% change in 24 hours. The altcoin market has also followed suit, with Ethereum (ETH), the second-largest cryptocurrency by capitalization, gaining 3.29% over the […]
