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Author: CryptoPress

Supermoon Camp and The Mansion On The Moon Are Getting Ready for Consensus in Austin, Are You?

Supermoon Camp presents its third crypto pop-up event in Austin, Texas this June 9th-13th. This time Supermoon team is hosting its exclusive event  “The Mansion On The Moon” which takes place on June 12th. Continuing the Supermoon Camp, twenty prominent crypto enthusiasts will meet in the Supermoon mansion for five days while attending DCentral and Consensus events and after-parties with the goal of building strong relationships and innovative...

Cryptocurrencies, NFTs, Web3

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DeFi TVL Plummets In May

The current crypto market fall has harmed retail investor morale, but it has also harmed the decentralized financial area. As a result of this drop in value, many companies have been forced to lay off employees or shut down entirely. This is not only bad news for investors and entrepreneurs, but also for cryptocurrency users as well. For example, if there are fewer dApps being built on top of the Ethereum network because they’re not profitable...

Cryptocurrencies, dApps, DeFi, Front page, News

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YTD (Year to date)

Year to Date (YTD) is a term that refers to the time period that runs from the beginning day of the current calendar year, or fiscal year, to the present day. YTD data is important for examining financial and business patterns over time, as well as comparing performance statistics across investments in the same or other sectors. The word is most often employed in the conventional investment business, but it may also be used in blockchain and...

Cryptocurrencies, Glossary

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Yield Farming

Yield farming is a way for cryptocurrency projects to create tokenized incentives for users. Because these projects do not depend on a centralized market facilitator, many decentralized finance (Defi) initiatives employ yield farming to encourage users to contribute to the network’s liquidity and stability. Staking or locking up cryptocurrency inside a blockchain system to create tokenized incentives is known as yield farming.  The...

DeFi, Glossary

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Web3: the protocol that aims to put an end to the ‘data algorithm’

Freedom, democracy and decentralization: the keys of Web3 to make social networks healthier spacesThe recently announced alliance between Polkadot and Project Liberty will make it possible to advance in the achievement of totally decentralized social networks, where the user is the owner of their data Madrid, May 31, 2022 – Social networks, our main communication and social interaction tool today, have been the definitive boost to...

News, Polkadot, Press release, Web3

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