Author: CryptoPress
Cryptocurrencies are revolutionizing everything, finance, art, and now video games. This is Axie Infinity, the new blockchain video game, that allows you to earn up to 33 USD per day and is generating a true revolution.
What is Axie Infinity about?
Axie Infinity is an NFT video game, it is based on non-fungible tokens and is currently the most valuable NFT collection. Tokens are unique digital assets, they are like digital...
The biggest hack in DeFi history
Written on .
This week, hackers stole about $600 million worth of cryptocurrency from a Decentralized Finances (DeFi) network that specialized in enabling users to move digital assets linked to one blockchain to another.
PolyNetwork, a multi-chain interoperability technology, is at the heart of one of the largest hacking attacks in history.
PolyNetwork connects several of the world’s leading digital ledgers and blockchains, but it revealed on...
What are NFT Avatars?
Written on .
The most common kind of asset created on the Ethereum blockchain network is non-fungible tokens (NFTs).
ERC stands for “Ethereum request for comment” and refers to the network’s many phases of development. The most widely used standard is ERC20, which was adopted in 2015. USDT (USDT), USDC (USDC), Basic Attention Token (BAT), and Dai (DAI) are just a few of the well-known digital currencies that utilize the ERC-20...
What are Cryptocurrency and Tips for Beginners
Written on .
Cryptocurrency is simply a type of currency only in a computerized format. It is a digital asset formulated to operate as an exchange medium wherein transactions are stored on a decentralized ledger called ‘blockchain.’
It is a modern way of conducting business and has many merits. It eradicates the requirement for a governing body. Transactions are done on a P2P (peer-to-peer) network without the need for intermediaries.
...
London Fork
Written on .
Cryptocurrency investors may be aware of the “London hard fork,” a significant Ethereum update.
London’s hard fork occurred nearly exactly on time at 12:33 p.m. UTC on Thursday, during the height of the 12,965,000 block, bringing in EIP 1559.
The ‘London hard fork’ is a forerunner to Ethereum 2.0 and introduces significant changes to the network, including how mining will be done in the future and the...






