Category: News
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Is the NFT Market Overhyped?
NFT or Nonfungible tokens are booming. It has become a multi-billion dollar business in less than two years, which is incredible for most people who don’t understand yet. If you want to understand more, we wrote an article about NFT that you can read here. With all of these from Kitties, Punks, Dogs, Abstract and…
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The biggest Hack in Defi History
At 6am ET on August 10, over half a billion dollars worth of crypto assets were stolen from Poly Network, a cross-chain protocol that facilitates token swaps across multiple blockchains including Ethereum, Binance Smart Chain and Polygon. With the total drained at $600M, this is the biggest DeFi hack in history, dwarfing the $59M EasyFi…
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Cryptocurrency and Defi may be your best chance for financial wealth
The state of finance at this moment has never been better. We have lived through a financial crisis, wars, and a pandemic. The most significant economic era is the 21st century. Yet, even with that, banks give a nominal interest rate to their customers on their savings account and charge services fees for checking and…
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Why should we care about Defi?
Decentralized and open finance is the new frontier, and for some of us are all in on this new technology, but for some that are just entering into the crypto world by investing in Bitcoin or Ethereum, the question still is: Why should we care? The fact of the matter is that defi is a…
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There is no such thing as the Ethereum Killer
Since the ethereum launch, it has been one of the best things in technology since the creation of operating systems. The ability that eth has given developers to create applications via smart contracts because of this Decentralize and Open finance has been able to thrive. Ethereum is this fantastic tool but is not perfect, and…
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Stop listening to billionaires talking about crypto
Lately, with the recent crypto-cash, we have seen what I call “The blame game” This is what mainstream media does to get attention and look like they know what they are talking about, so far, the two people that are pointing the finger at are Elon Musk and China. There may be something there with…
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Why Defi is not ready for primetime in 2021
I love Defi and the whole concept and idea around it. The fact that everyone can have credit not based on what a bank, credit company, or corporation says but just on the base of a smart, permission less, decentralized contract anywhere in the world no matter what is just fascinating. Now Defi is here…