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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 […]

John McAfee said in 2017 that Bitcoin would be worth $1 million by 2020. Subsequently, Bitcoin only managed to surpass the $30,000 price mark. Also, Chamath Palihapitiya predicted that Bitcoin will be worth $1 million in 20 years (in 2047). Likewise, Harold Burger said BTC can’t be worth $1 million before 2028 and not after […]

DeFi is a platform or website that provides non-centralized financial services such as investing, trading, borrowing, lending, tokenized real estate, and insurance. Financial institutions such as banks normally act as an intermediary between banks and users, with the aim of just managing the money during centralized financial interactions. However, the blockchain has enabled financial...

For readers to know which stablecoin is the biggest and most used, a list of the five most popular stablecoins is provided below. Tether (USDT): Market capitalization of about $75 billion USDC (USDC): Market capitalization of about $50 billion Binance USD (BUSD): Market Capitalization of $10 billion Dia (DIA): Market capitalization of $5 billion TrueUSD […]

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. […]

The growth of crypto exchanges has been very rapid because they make the use of cryptocurrency quite easy. The ease with which these exchanges could be used has become rapidly known to crypto investors. As a result, centralized cryptocurrency exchanges now control the majority of the cryptocurrency trading volume. Every month, the number of CEX […]