The decentralized finance (DeFi) sector of the crypto industry has seen possibly the most progress in 2021, with the launch of a series of innovative platforms and protocols that help users avoid the need to rely on centralized financial infrastructure. Here is the view of three new leading platforms exposing the wider potential of cryptocurrencies….
What is blockchain, and what does it have to do with cryptocurrency, writes Thomas Hum on Yahoo Finance. Blockchain is a type of database composed of a growing list of records, individually known as blocks, that are chained together through computer cryptography. The goal of blockchain is to allow for the recording and distribution of…
A statistician and investor, Zhiyuan Sun, explains the pros and cons of this innovative digital coin. Ripple (XRP) has returned a respectable 12,758.41% to investors since its inception in 2012, turning a $10,000 principal into $1,265,841 within nine years. That’s pretty much, noted Zhiyuan Sun, but only decent relative to the crypto world. For example,…
Launched in the UAE, the 6-part online course in crypto aims to help young students understand the power of the crypto market, Khaleej Times reported. The program covers subjects from the history of money to how to create one’s own non-fungible token. Carfax Education, a UAE-based global education group, has created an innovative course for…
How stable are stablecoins? — asks Elizabeth Lopatto in a study for The Verge. What if a digital currency wipeout could injure — or even destroy — the entire cryptocurrency ecosystem? Lately, there’s been a focus on stablecoins, the quiet power players of the cryptocurrency space. Questions about stablecoins, particularly one called Tether, have been…
Ethereum began as a spark in the eye of co-founder Vitalik Buterin’s back in 2013. That’s when he released the whitepaper for the project, though the Ethereum network wouldn’t see the light of day until 2015. In between, there was the Ether sale in 2014, which is when early buyers could scoop up some of…