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DeFi, or Decentralized Fin DeFi, or Decentralized Finance, has gained dominance over the crypto market in the FinTech sector. Like NFT, DeFi has opened gates to multiple opportunities that are too much to handle. DeFi is the digital version of banks and other financial services that leverages blockchain technology. Anyone from anywhere can transact 24×7 […]
Why do cryptocurrencies have value? The price volatility of cryptocurrencies like Bitcoin has changed drastically since the firstBitcoin was mined in 2009. Over the next decade, the price of Bitcoin has risen and fallen formany reasons, but why how does a “virtual currency” like Bitcoin have value? Fiat Currencies The Dollar. The Rupee. The Pound. […]
Defi or Decentralized Finance is a peer-to-peer financial system based primarily on Ethereum. Built on automated Smart contracts that allow users to control assets 24/7, 365 days a year, Defi has instigated a revolution. It reimagines financial transactions by using blockchain technology to remove intermediaries. Since its creation in 2018, Defi has gone through radical […]
Blockchain technology’s vast application has drawn many new businesses and entrepreneurs to invest in them. Cryptocurrency is a virtual, digital currency created and stored in the blockchain. But you need a crypto wallet to trade them. Blockchain wallets are digital wallets that help store your passwords and private keys and enable transactions.Many companies accept cryptocurrency […]
Non-Fungible Tokens (NFT) have seen a massive rise in interest over the last year. With growing popularity comes growing threats to its security. NFTs’ rapid growth has made them cybercrime victims. Fraudsters and scammers try to devise more creative ways to cheat the system and make a fortune.Hackers use more sophisticated technology to steal tokens […]
Solana is a decentralized marketplace offering the best way to build an NFT efficiently. Solana is an excellent option to consider if you are thinking of launching your NFT marketplace. Besides being trendy and reducing trading and minting fees, it is also user-friendly and more revenue-generating for its users. Hence, users create their unique Solana […]
The NFT marketplace is a profitable business opportunity in the crypto sphere. Its rapid growth and abilities offer many business developers and technology ventures tremendous opportunities. The ability to display your work of art to the world and draw profits without legal constraints has attracted millions of users. Though once considered a rich man’s game, […]
NFTs or non-fungible tokens are famous, particularly in the space of art and collectibles. However, its potential extends beyond digital artworks. Several financial applications have developed using smart contracts that ease the tedious paper and legal work required otherwise. It is safe to say that NFTs have been nothing less than a boon for small-scale […]
Since blockchain’s creation, it has slowly found its application in all possible sectors. But the uses and benefits it brings to the financial industry are unmatched. NFT, DEX, DeFi, DApps, and the list goes on. There have been way too many blockchain applications. But here, we look at two of them in specific – NFT […]
Ethereum is the natural choice for investors when it comes to non-fungible tokens (NFTs). Due to its highly secure and decentralized feature, the Ethereum blockchain houses almost 95% of the NFT marketplace. Since the boom of NFTs in 2021, the competition between layer ones has increased. In a market dominated by Bitcoin and Ethereum, Solana [...]