Jun 27 2023 @ 16:14
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...
Jun 27 2023 @ 04:39
The intersection of cryptocurrency and gaming has captured the attention of technology enthusiasts and avid gamers alike. Although crypto itself has only been tangible since 2009 – technically only within the last few years, if you consider that crypto was mythical up until around 2015 – the applications have grown far and wide. From Bitcoin […]
Jun 26 2023 @ 18:18
The last week’s astronomical price rise from the $25,071 demand level into the $30,000 price zone has encouraged many bulls to hop on board. This has significantly minimized the price retracement action as the support level at $30,000 strengthens. The market will likely consolidate above this price level for a while before finding a clear […]
Jun 26 2023 @ 13:59
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 […]
Jun 24 2023 @ 10:25
This article provides a thorough examination of the imminent, eagerly anticipated release of Uniswap version 4, or V4. There have been two significant features announced for V4, even though the code isn’t yet finished: Hooks: The main characteristic that distinguishes Uniswap V4 is the hook. Hooks make it possible to customize pools much more than […]
Jun 21 2023 @ 07:37
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 […]
Jun 19 2023 @ 12:58
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 […]
Jun 16 2023 @ 16:45
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 […]
Jun 14 2023 @ 01:02
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 […]
Jun 12 2023 @ 17:16
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 […]