Tag: Ethereum
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Memecoin Mania to Mainstream? Or is it just Gambling?
The current crypto space is witnessing a surge in AI, Layer-2 solutions, and, of course, Memecoins. But this time feels different. Memecoin mania is trending, potentially reaching a hundred-billion-dollar market. What began as a community joke with Dogecoin has exploded into a whirlwind of dog, cat, and frog tokens, even sparking a frenzy of presidential…
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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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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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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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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…
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Will Decentralized Finance be the Next Financial Disruptor?
originally posted on my Publish0x profile. Time for straight talk! For over several decades, the financial system and institutions have shown alignment with those with the most means. Exuberant banking fees, high-interest rates, and penalties have left too many indebted, at the mercy of those who are enriching themselves. Make no mistake, I support capitalism…
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What is Defi?
So I guess the first thing we should ask ourselves is: What in the hell is Defi? You may think this would be an easy thing to explain, but it’s not. Explaining this will depend on who you ask; the definition should be pretty standardized, but this is a very young field, so what we…