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Djed, Cardano Algorithmic Stablecoin Launches

The highly anticipated algorithmic stablecoin on Cardano, Djed, is now live. And scammers did not miss this opportunity.When UST, the algorithmic stablecoin in the Terra ecosystem, went down, it made people feel bad about this type of stablecoin. This crash last year led the cryptocurrency industry into a bear market, with investors losing billions.The COTI team, with the help of Input Output Global (the creators of Cardano),...

$ADA, $DJED, Altcoins, Cardano, Cryptocurrencies, Front page, Main, Stablecoins

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Ethereum nears Shanghai after first “shadow fork”

Ethereum is one step closer to its upcoming upgrade, Shanghai, after successfully completing its first “shadow fork.” The test launch took place on Monday at around 5:30 a.m. ET, according to Parithosh Jayathi, a DevOps Engineer at the Ethereum Foundation.The shadow fork, also known as a testnet fork, allows developers to test the upgrade on a version of the main network. The main goal of the Shanghai upgrade is to let users withdraw...

$stETH, ETH2, Ethereum, Front page, Main

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What is Proof of Reserves (PoR)?

Proof of Reserves (PoR) is a method that exchanges use to show that they hold assets like cryptocurrencies and fiat cash. This is important for exchanges because it allows customers to verify that the exchange has the assets it claims to have, which helps to build trust and confidence in the exchange.It is an auditing technique that is provable using cryptographic proofs, checks of public wallet ownership, and recurrent audits to verify an...

Exchanges, Featured, Glossary, Proof of reserves (PoR)

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Musk explains why he bought Twitter

Elon Musk released a statement detailing his reasons for acquiring social networking giant Twitter, and he has much more on his mind than just the possibility of cryptocurrency features being added to the site.Musk said that the “future of civilization” is his key purpose for buying the company. Instead of dividing into “far right and far left echo chambers,” he said the goal is to maintain a “shared digital plaza”...

$DOGE, Blockchain, Cryptocurrencies, Elon Musk, Front page, News, Tesla, Twitter

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What Is a crypto whale?

“Whale” is a word used to describe investors with an enormous amount of cryptocurrency, especially those with enough money to affect the market.Individuals or organizations with substantial crypto holdings are called whales. Due to their immense riches, whales may influence the market. Sell barriers reduce the price of a coin, enabling whales to make inexpensive purchases. Buy barriers compel investors to increase the cost of a...

Featured, Glossary

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What is Cardano’s Vasil hard fork?

A hard fork causes a network to break into two, each of which may then function independently; one version of the network continues with the same set of capabilities and rules as before, while the other runs on with newer, more advanced capabilities.Cardano‘s long-awaited Vasil update went live on September 22 after facing a number of hurdles. From the outside, it would seem that the hard fork’s goals are to increase the scalability...

$ADA, Altcoins, Cardano, Cryptocurrencies, Front page, Guides

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How to avoid the risks of cryptocurrency yield farms

Crypto Yield Farms have the potential to be an excellent method to make passive income; but, investing in them is not without its associated dangers.What is Yield Farming?Yield farming is a means for any digital asset or cryptocurrency owner to earn passive income as incentives or interest. Depending on whatever crypto farm services you use, your deposit interest may be constant or fluctuate over time.Yield farming requires “Liquidity...

DeFi, Featured, Guides, Yield farming

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New narrative: What is “Real Yield Defi”?

Real yield is the yield earned by the creation of real protocol income, like as trading fees. Token holders on the system may earn a portion of this yield, similar to dividend stock. In the narrative of decentralized finance, real yield would be the third evolution of Defi, or Defi 3.0.Thus, betting on a “real yield” protocol means relying on its ability to maintain its user base and transaction volume, its value, in short, over...

Cryptocurrencies, DeFi, DeFi 2.0, Ethereum, Featured, Front page

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What is the Merge in Ethereum? 

The Merge represents the joining of Ethereum’s existing execution layer (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step towards realizing Ethereum’s vision: more scalability, security, and sustainability.How The Merge happensProof-of-work has been used to secure...

Blockchain, Cryptocurrencies, ETH2, Ethereum, Featured, Front page

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Cryptocurrency M2 Money Supply

It may seem paradoxical that the movement of cash and the price of bitcoin (BTC-USD) are related, but historical evidence tends to indicate that the circulation of money throughout the U.S. economy acts as a signal for the future direction of the price of Bitcoin (BTC-USD).The M2 money supply in the United States is a wide measure of cash and time deposits held by the general people. It comprises M1 money, which consists of actual cash and...

Bitcoin, Cryptocurrencies, Featured

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