DeFi

Staking your cryptocurrencies may appear difficult, but there are straightforward ways to go about staking your proof-of-stake coins so as to generate interest in your holdings. Centralized exchange platforms can help simplify staking for beginners. However, delegation requires a little more expertise. The simplest way for beginners to stake crypto is through the services of […]

John McAfee made a very crazy prediction in 2017: the value of one Bitcoin will reach $1 million by 2020. In case that wasn’t audacious enough, he added some (actual) skin to his bet, saying that he would eat up his manhood on national television if the prediction did not come true. But, unfortunately for […]

Although the taxation of cryptocurrencies could be complicated, the key principle is yet simple. The following aspects of crypto transactions are taxable: sales of crypto, trading of crypto, purchases through the use of crypto, and rewards from staking and airdrops. On the other hand, following are not taxable: buying crypto, donating made through crypto, and […]

In the bid to review past Bitcoin’s bear markets, we shall look at what occurred with the king coin in the past years of the economic storm in the crypto market. Three main factors make investing in technology difficult. The first one among them is what is referred to as “the accelerator’s dilemma.” This notion […]

Oracles serve as a bridge between the blockchain and the real world, as they provide real-life information on events, market data, and other important data that can be used in smart contracts on decentralized exchanges and application platforms. They facilitate the use of real-world data in blockchain applications, particularly in the context of smart contracts. […]

The ETHDenver is an annual event and blockchain hackathon (a “hackathon” means competition between blockchain developers) that brings together developers, entrepreneurs, and other members of the Ethereum network to build, rate, and explore decentralized applications on the Ethereum blockchain platform. This event brings opportunities for participants to broaden their understanding...

CBDCs refer to the type of digital currencies that are issued and backed by the central bank of a particular nation. Unlike cryptocurrencies, which are decentralized and operate independently of an apex bank, CBDCs are centrally issued and centrally managed. Information from the Atlantic Council’s tracker on CBDCs states thus: “114 countries are exploring CBDCs. […]

As more and more people began to accept Bitcoin as part of their daily economy and an important part of society, some false beliefs about crypto began to gain ground among the people. We shall take a look at some of the Bitcoin myths and also make some clarifications about them. Some Believe That Bitcoin […]

To most investors, stablecoins are considered boring because they are designed to maintain a stable value in relation to a specific traditional currency. Although they are also a kind of cryptocurrency, they are not subjected to the volatility of the crypto market. Investors used them primarily for their stability and predictability. Apart from the fact […]

Definition of Stablecoin Yield Farming These are digital currencies that have been pegged to fiat currencies or a commodity such as gold or bonds. Meanwhile, stablecoin yield farming simply means putting your crypto or stablecoin to work on decentralized finance apps for the sole purpose of earning profit. There are two means of doing this. […]