Hey, there guys, we all know how the NFT adoption craze is growing day by day. As days pass, more and more brands are trying to adopt and implement NFTs on their platforms. Now, it’s Meta (formerly Facebook). Yup, you read that right. Meta has started to roll out NFT support for some U.S. creators on its platform. For now, it seems that Meta has started by only supporting Ethereum and Polygon-based NFTs. However, they…
The World’s largest crypto exchange (in terms of trading volume), Binance has partnered up with Portuguese soccer star Cristiano Ronaldo to promote Non-Fungible Tokens (NFTs) on their platform. What is the deal about? Reports state that Cristiano Ronaldo has signed a multi-year partnership deal with Binance which will enable Binance to exclusively create and showcase a collection of multiple Ronaldo NFTs every year targetted toward the global soccer cum crypto lovers, especially Ronaldo’s fanbase. As…
Just in, Tether (USDT), the top most stablecoin issuer (in terms of volume) is all set to undergo a full audit by an auditing firm listed in the top 12. This is going to be done with the sole aim of proving its integrity and transparency to the public. Hence, this would seriously re-establish back their faltering trust. Why is this necessary at all? We are sure most of you do remember the recent Terra…
Hey guys, remember the last time Tron made headlines when it took the third spot in terms of TVL due to its new algorithm stablecoin USDD. Well, it’s back again on the news but this time for all the wrong reasons. On Monday morning, the algorithm-based stablecoin was found to be in distress when investors started to point out that the new algorithm-based stablecoin had depegged from the US dollar and was sitting around just…
Hey there guys, I am sure most of you remember how the algorithmic-stablecoin project, Tera Luna failed and hence, a new plan was set into motion by the team where they ended up airdropping a new token, Luna 2.0 to all of the existing Luna investor’s to compensate for their losses. Well, indeed it may have helped some investors to cover some minor parts of their losses but it seems this is not the case…
Hey folks, I am sure all of you have recently come across the news about the Terra Luna fiasco where the dollar-pegged algorithm stablecoin, UST had unpegged and failed. That was a horrific thing to experience, especially if you were an investor. However, if you look on the bright side, after the Terra Luna fiasco subsided, it cleared the spot for another project which is Tron and its new algorithm stablecoin, the USDD launched on…
Today’s topic of discussion is quite intriguing. This is a question that people who create content about Web3, Cryptocurrencies, and dApps may have been asked at least once or twice by the community. While using the Ethereum or Polygon networks may appear simple to the typical user, determining who owns these networks might be difficult for newcomers. To address this question, we must first grasp a few concepts regarding blockchains, which, unlike traditional databases, store…
Web 3.0 has been labeled as the future of the modern internet, and it differs significantly from Web 2.0. Similarly, Web 1.0, which was developed in the early 1990s and early 2000s, was intended to be a read-only service, with static web pages delivering content and information to anybody at any time. Image of an early version of Web1.0. Better user experience, personalization, and dynamic content, where users may both generate and edit data on…
Most of us are pretty familiar with trading on a centralized cryptocurrency exchange being unaware of the risks associated with the process. Today’s article is a summary of the top 5 risks associated with these platforms which most of us are unaware of. Before we go any further, a short disclaimer: this piece of content is not written to cause panic or FOMO among readers. For the majority of retail investors, a reputable exchange such…
