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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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Getting to know Decentralized Exchanges (Dex)
If you are getting into the decentralized finance world, you will hear about Decentralized exchanges or dex. These are permission-less cryptocurrency exchanges that you can use with wallets such as Metamask (we will have a wallet article soon) with no identity or very little information of who you are and where you are trading from.…
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A Guide to Stablecoins
When we talk about cryptocurrencies, Bitcoin and Ethereum come to most people’s minds, which passes onto Decentralize and Open finance. But this should not be the case since I don’t see in any foreseeable future using BTC or ETH as fiat currency for many reasons that I will have to explain in another post. The…
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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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Dont Panic!!! Its just another crypto Bloodbath
This week marked another “Bloodbath” in the crypto space as I was finishing my latest article. As this happened, I had to stop and write this piece because I thought it was necessary. If you are new to the crypto space, you could panic. Now I can’t tell you how to feel, but know I…