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For the average person who isn’t very tech-savvy, Big Exchanges are unquestionably safe. They do, however, come with their own set of risks. Millions of dollars in customer cash are held in exchanges’ hot wallets, making them a possible target for hackers. Big figures have been involved in some of the most significant hacks in Crypto history. Mt. Gox – $8.75 Million in 2010 & $615 Million in 2014KuCoin – $281 Million in 2020Upbit -…

Through this article, we will try to better understand what is a Decentralized exchange, how they work, and learn to access them using Metamask/Trust Wallet. What is a DEX? A decentralized exchange is a platform where transactions occur directly between traders using an Automated Market Maker protocol. All transactions done on a DEX are made directly on the blockchain and are visible publicly. Popular examples of DEXs are Uniswap and SushiSwap which run on the…

UPI (Unified Payment Interface) is a digital innovation with an instant payment option developed independently in India. It is a mobile payment system developed by the National Payments Corporation of India (NPCI). All you need to make/receive a payment is an internet connection and a QR code/ persons’ mobile number to whom you are paying. It is the name of that technology by which we can make payments digitally just by scanning a code/ by…

Suppose one day, you woke up and found out that you are inside virtual reality space. Everyone is roaming around in their cartoon-like avatars, doing every activity that one can do in this world. The metaverse is trying to turn this into reality, from the comfort of our homes. Meaning of the word ‘metaverse’ The word ‘metaverse’ is synonymous with multiverse which means a possibility of an infinite number of parallel universes in co-existence. The…

On 22nd October, Binance announced a new proposal for BSC Chain. This Binance Evolution Protocol BEP-95 introduces a new real-time burning mechanism into the economic model of the Binance Smart Chain. The abstract of the proposal is to lower the circulating supply of BNB even beyond the scheduled 100 million tokens by Binance. The BEP-95 proposal is designed to burn off part of the fees collected by network validators in real-time, further decreasing the supply.…

Hey there readers, I am sure most of you who are associated with the crypto domain, already knows what Dogecoin is? So, let’s start this article with a brief introduction to Dogecoin. Dogecoin was initially created back in 2014 as a joke/meme coin to mock Bitcoin, due to which nobody considered the coin to have any growth potential at that time. However, from the start of this year, the world’s second-richest man, Elon Musk suddenly…

The Chinese smartphone brand, Realme is all set to launch the Realme C21Y for the Indian market. The phone was first launched in Vietnam last month. The phone poses a triple rear camera at the back and a water-drop styled selfie camera on the display. The phone will be available in two storage variants and also two colour variants. Realme C21Y Expected Price Realme hasn’t made any official announcements regarding the Realme C21Y’s price for…

The concept of a DAO is truly fascinating. In today’s article, let’s try to break down things a little and try to understand how a DAO functions. In simple words, imagine that you & other people are running a company without knowing each other and sending your own proposals autonomously in a decentralized way all using the blockchain. Isn’t it some futuristic tech? DAO’s are making this a reality for many protocols operating in the…

Samsung is all set to launch the all-new Samsung Galaxy A52s by the end of August based on a leak from WinFuture. The new Galaxy A52s seems to be the successor to the previously launched Samsung Galaxy A52 that was launched in March. Based on this latest leak, we can get much information about the new phone like launch date, pricing, specification, and even a few rendered images. The phone seems to be equipped with…