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Danish Yasin

Articles by Danish Yasin

Flare Finance: Expanding DeFi to Ripple, Dogecoin, and Litecoin

2 days ago

[Featured Content]The field of decentralized finance (DeFi) is booming over the past year. There are hundreds of decentralized apps (dApps) built on top of a multitude of networks, with the predominant currently being Ethereum.In fact, the industry has expanded so much that it’s even hard to comprehend the magnitude. Last year at around this time, there were less than $600 million locked in various DeFi protocols, where the total TVL right now is around $40 billion. There’s a clear demand for the industry and many projects are working hard to cater to the various needs of the investor.With this said, Flare Finance takes a comprehensive approach and attempts to deliver real-time practical solutions and garner real-world applications of cryptocurrencies. The protocol is set to bring DeFi to

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Crypto Visa Card and App Represent the Newest Components of Gleec’s Ecosystem

3 days ago

[Featured Content]The Gleec team recently announced the launch of a new top-up Visa cryptocurrency card and accompanying beta version of the Gleec card app.Both products allow users to request virtual and physical Visa crypto cards, load digital assets and transact with a cryptocurrency of choice in more than 170 countries along with over 40 million retailers.Physical Gleec Visa cards feature a modern, high-end design and stand apart from other offerings in the space by functioning completely free of charge, excluding delivery of the actual item (express shipping currently stands at €14.99).All Gleec Visa card transactions are denominated in fiat currency. Crypto to fiat exchanges take place before users can load their cards for use on the Visa payments network.The Gleec team indicates

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BestChange: Putting Crypto and Money Exchangers at One Place

13 days ago

[Featured Content]At this point, it’s undeniable that the cryptocurrency market is becoming a factor to be considered as digital currencies, in general, boom in value.This has also caused the interest in them to spike tremendously over the past few months, as more and more people are looking for means to buy, sell, and hold cryptocurrencies. This is clearly supported by data from Google Trends. As CryptoPotato reported earlier, retail interest is soaring as ‘buy crypto’ Google searches exploded to a new all-time high.With this, it’s perhaps worth looking into various ways of buying and exchanging cryptocurrencies, as well as fiat money. One way to find a good rate is to take a look at the lists provided by BestChange.What is BestChange?BestChange is a platform that’s free to use, and it

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Unicrypt Network: Introducing the Era of Decentralized Crowd Sales

18 days ago

[Featured Content]The Unicrypt network is pioneering the field of DeFi with an innovative approach to establish user trust. The platform works in tandem with liquidity pools on Uniswap to reward yield farmers while facilitating startup projects to launch swiftly and successfully.Unicrypt utilizes its UNCX token as a means for developers to pay fees and access presales in advance. Unicrypt currently has $94.57 million in liquidity locked across 2700 liquidity lockers, well-known projects such as COIN, MahaDAO, YFDAI, LGCY, DEXT having already locked millions in the protocol.The platform has quickly gained popularity among DeFi investors due to its easy-to-use interface that lets users browse through all locked liquidity pools on Uniswap. They can then access essential details required to

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TakaMaka: Solving Governance Issues of Existing Blockchains

January 27, 2021

[Featured Content]TakaMaka is a project that attempts to solve the governance issues related to distributed blockchains, as well as the execution of smart contracts, placing the emphasis on enterprise environments.The platform takes advantage of an innovative Proof of Stake (PoS) solution, which enables it to process a high number of transactions (1,000,000 TX/hour) under normal working conditions. The network algorithm, alongside the verification process, allows the realization of a self-financing blockchain and the creation of a digital currency for the organization of the blockchain-based reward system.Conceptualizing an IdeaBlockchain, also commonly referred to as a distributed ledger, is a system designed to provide a reliable and immutable record between a number of unreliable

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Meet Follow Trend: AI-Powered Bitcoin Trading

January 14, 2021

[Featured Content]Cryptocurrency markets are volatile. There’s absolutely no doubt about it. In fact, this is perhaps the most volatile market that one can choose to engage with.This became particularly evident in the past week. Over the course of just a few days, the price for Bitcoin marked an all-time high of $42,000 only to drop by almost $12,000 and chart a low of slightly above $30K in less than two days. This volatility has a direct impact on traders, and the massive liquidations were a definitive sign of it. After all, there was almost $3 billion worth of liquidated long and short positions in a 24-hour cycle.What this goes to show is that timing the market is particularly challenging, even for advanced traders, let alone for newcomers. Working with high leverage increases risks of

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Becoming a Validator for CryptoCom Chain’s New Mainnet Crossfire

January 5, 2021

[Featured Content] has recently announced Crossfire, a dry run of its Mainnet. It’s aimed at stress-testing the network in a real-world and practical environment ahead of the public release.This marks an important milestone and is essentially the final step in the preparation for the mainnet launch.Having said this, invites users to become validators, offering them the opportunity to compete with each other while completing various tasks. The winning validators will share a total prize pool of $300,000 in CRO token rewards.Croeseid is the latest testnet, and it features a new codebase built on top of the Cosmos SDK. It has achieved substantial success with over 50 validators deployed and more than 800,000 transactions processed so far.Below are a few reasons for which

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Flaming Farm: The Deflationary Token with Distinct Capabilities

December 19, 2020

[Sponsored Content]The field of Decentralized Finance (DeFi) is undoubtedly amongst the hottest topics in 2020 as the industry has grown substantially over the past months.Recent DeFi developments are paving the way for new financial models as investors seemingly grow interested each day. Consequently, DeFi Pulse records an increase in locked assets’ value, which moved from $10.75 billion to $16.4 billion between mid-September and December 19.Owning an adequate amount of digital assets gives users a bigger chance of farming in the DeFi ecosystem. However, the risk of inflation continues to strike tokenized platforms, which may affect your income as more tokens get issued to the market.Joining the DeFi sector is Flaming Farm, a new project aiming at becoming the leading token burning

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XSigma DEX: Tackling DeFi’s Biggest Challenges

December 17, 2020

[Featured Content]The field of decentralized finance (DeFi) has undoubtedly been at the forefront of the cryptocurrency industry in 2020.Data from DeFi Pulse shows that the total value locked in various DeFi protocols is almost at $15 billion, up from around $550 million in March. That’s an increase of 2600%, which is indicative of how explosive the growth was. This was largely caused by the promise of a decentralized and open financial system, not yet and possibly not ever tampered with by large governments and centralized organizations.Of course, despite all the promises to disrupt traditional financial systems, DeFi is a particularly nascent field, and it faces a host of challenges that, if not tackled, could prevent open finance from ever truly taking off.Enters XSigmaXSigma

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RSK’s Permissionless and Uncensorable Bitcoin Peg: A Closer Look

December 11, 2020

[Featured Content]Bitcoin smart contract platform RSK announced its new “Powpeg” – a new and improved version that includes many decentralized qualities that protect private keys stored in special-purpose PowHSMs.The hopes are that Bitcoin proponents will turn to it as a primary choice of DeFi. The 2-way peg protocol brings interesting features, worth having a look at.What is Powpeg?RSK’s 2-way peg protocol also referred to as the “Powpeg” has managed to mature substantially since its inception back in 2018 and includes a range of decentralized qualities. It has been running uninterrupted since 2018 but it has also evolved.It’s based on a layered security model – this is a practice called “defense-in-depth.” The solution differs from other 2-way peg protocols used by various teams. Most of

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DeFi Yield Protocol (DYP): All in One Platform Yielding Benefits

November 30, 2020

[Featured Content]Yield farming is undoubtedly taking over the DeFi space since more crypto users have finally realized its merits. DeFi projects are in development as time provides users with diverse income earning services ranging from holding to exchanging or lending digital assets.On that note, Ethereum plays an essential part in establishing and growing most of these tokens with top-notch features like smart contract advancements. The DeFi Yield Protocol (DYP) joins the community facilitating numerous functionalities under one roof. As it launches on December 15th, DYP plans to revolutionize the yielding investment sector and bring in as many investors as possible.Anti-Manipulation CapabilitiesWhale manipulation has been a hand-in-hand concern of the growing DeFi space. A popular

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Qtum Goes DeFi With QiSwap Mainnet Launch 

November 19, 2020

Qtum, the blockchain DApp platform, is set to become the new kid on the decentralized finance (DeFi) block with the launch of the QiSwap mainnet.As the first automatic market-making (AMM) protocol on Qtum, QiSwap brings Uniswap-like features to Qtum, allowing users to easily exchange QTUM and QRC20 tokens and provide liquidity — while benefiting from incredibly fast transactions and minimal transaction fees.After completing several successful testnet phases, QiSwap migrated to the Qtum mainnet on November 13.QiSwap initially supports QTUM-QC as the sole trading pool. But over the coming weeks, the team plans to expand the range of available trading pairs — with QTUM-QBTC, QTUM-QETH, and QTUM-QFIL set to be the first added to the platform.In time, QiSwap will allow users to create their

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AdEx Begins Community Governance with Vote on Token Staking Rewards

November 17, 2020

Decentralized advertising startup AdEx has invited its community to participate in the governance of the platform. The first major decision that token holders can vote on will be the total number of ADX staking reward tokens to be minted in 2021.
Empowering the Community Through Governance Rights
AdEx is now inviting the community to have its say in important decisions for the future of the company. Any community member can join the AdEx Loyalty Pool by depositing ADX (the native token of the AdEx ecosystem) in exchange for ADX-LOYALTY tokens.
ADX-LOYALTY furnishes holders with the right to vote on proposals. As an additional incentive to join the staking pool, those holding ADX-LOYALTY will also receive passive income in the form of interest. The predictable interest rate

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UMI: Blockchain Ecosystem of Instant VISA-Like Payments with Zero Fees

November 5, 2020

[Featured Content]
UMI is a blockchain-based ecosystem that provides its users with instant transfers, staking, and multifunctional smart contracts.
It attempts to compete with legacy market giants such as VISA and MasterCard when it comes to transaction speed. The developers aim to bring the network throughput to one million transactions per second, which is quite ambitious.
UMI’s Characteristics
Right off the bat, UMI is based on an improved version of the Proof-of-Authority consensus. Its scaling capabilities are made possible thanks to programming languages and optimization of smart contracts and a tool kit called Kubernetes. The network has also been designed to enable painless modernization of its ecosystem architecture.
The UMI creators are also planning to

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BitTorrent Launches BitTorrent X Ecosystem Following DLive Acquisition

October 22, 2020

BitTorrent Inc., the firm behind the massively popular BitTorrent protocol and app, has announced its acquisition of blockchain-powered live streaming platform DLive.
DLive will now form part of the newly established BitTorrent X ecosystem, which also includes the BitTorrent File System (BTFS), a service used for distributed file storage and retrieval, as well as the BitTorrent client, which will be utilized delivering these services and more to users.
Transitioning to BitTorrent X
Since the BitTorrent protocol was first developed in 2001, it has become the most successful peer-to-peer data distribution system. It has already been used by well over 2 billion users globally — including massive enterprise users like Facebook, Twitter, and Blizzard.
The BitTorrent

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Story of a Safe Haven: Why Investors Flock to Gold During a Recession

October 18, 2020

In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets.
Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not by accident either. There are several reasons why investors scoop up gold in droves during a recession; here’s a look at the main ones.
Post Recession Price Action
As we’ll cover later, gold is used as a safe bet for many investors, who are simply looking to maintain their portfolio’s value if their other investments falter.
On the other hand, many investors turn to gold due to its long-term price growth, which has followed a rather predictable pattern for the past two

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As Crypto Derivatives Run Into Challenges, Prediction Markets Offer an Alternative

October 12, 2020

[Featured Content]The crypto derivatives market is having a hard time of late. October began with the news of CFTC civil enforcement action against the centralized crypto derivatives platform BitMEX.BitMEX and its founders, including CEO Arthur Hayes, were charged with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to implement the required anti-money laundering procedures.Less than a week later, the UK FCA announced a ban on the sale of crypto derivatives to retail customers. The final published rules ban the sale of any CFDs, options, futures, and exchange-traded notes that reference particular types of crypto assets, including Bitcoin, Ether, and XRP, considered by the FCA to be ill-suited for the retail market. The rules will apply

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How Decentralized Ratings Can Avoid a Future DeFi Crash

September 18, 2020

With DeFi’s recent brush with death, investors require an impartial and decentralized rating system to support the most desirable investment decisions and avoid future losses. Here’s why.Decentralized finance (DeFi), an ecosystem for lending and borrowing, continues to defy the odds. Despite a significant crash thanks, in part, to unaudited and scam-like clone projects, the sector is bouncing back and seemingly stronger than ever. But while the niche crypto division could be on track to greater things, investors are at more risk than ever.To protect themselves, investors need a reliable source of information. UK based pioneers believe that a fit for purpose, unbiased, and decentralized rating system holds the key for investors to understand what they’re placing their money

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Slobloco: Innovations Project and Taxation in Blockchain Technology

September 16, 2020

[Featured Content]SLOBLOCO 2020 is the first Slovak Blockchain Congress with international participation that will run from November 16th-18th based in Samorin, Slovak Republic. The team behind the Congress has the ambition to fill the conference with 430 participants with approximately 85% exclusively from Slovakia and the Czech Republic with a large portion of attendees coming from the Kelta community as well. Despite having a physical component, the main focus of the conference will be the online streaming component, with virtual tickets starting in October.SLOBLOCO 2020 will last two full days and will focus on presenting practical applications of the Blockchain technology. The speakers will present future innovations of Blockchain and will talk about the future of the technology. The

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Why Asia is the Epicenter of Blockchain Growth

September 8, 2020

In the last few years, the blockchain industry has shifted from being a rather niche market mostly comprised of experimental technologies and fledging protocols, to a multi-billion dollar industry full of fintech unicorns and novel platforms that promise to disrupt traditional finance and practically every other industry.Although many countries have been racing to position themselves as a global hub for blockchain, it is becoming increasingly apparent that Asia is forming the epicenter of this growth.Crypto Projects Choose AsiaAs it stands, South Korea, Hong Kong, Japan, Singapore, and China are responsible for many of the blockchain developments that come out of Asia—thanks to their progressive stance on cryptocurrency and blockchain regulations, and willingness to give developing

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Walmart Adopts Crypto: Shoppers Can Now Earn Crypto-Back

August 14, 2020

StormX, the blockchain-based rewards platform that helps users earn crypto, has scored a significant coup by onboarding retailing giant Walmart.Having already sealed deals with the likes of Microsoft, Nike, Adidas, eBay, Target, Dell, and Samsung, StormX is taking things up a notch by enabling 4% ‘Cryptoback’ on all Walmart purchases. In fact, shoppers can earn as much as 14% if they reach Super-user tier on the app.Consumer Thirst for CryptobackBased in Seattle, U.S., StormX launched its crypto-cashback program for mobile shoppers back in April following the success of Honey, a deal-finding browser add-on which sold to PayPal for $4 billion last November.By tapping into Walmart’s vast customer base, the start-up becomes the only Cryptoback rewards service currently supported by the

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DeFiChain: The Story From the Co-Founders

August 10, 2020

[Featured Content]If Dr. Julian Hosp and U-Zyn Chua, co-founders of the DeFiChain Foundation, were to tell others their unlikely story around co-founding a company together, many would shake their heads in disbelief at the unlikeliness of the sequence of events. DeFiChain started as a fated project from the friendship of two people – U-Zyn, an early pioneer in Bitcoin and an exchange founder and Julian, a medical doctor and serial entrepreneur.U-Zyn was exposed to Bitcoin in early 2011 while tinkering on the web. When Julian and U-Zyn first met in 2016 over coffee, they clicked immediately and ended up collaborating around various cryptocurrency-related projects and became co-workers. The two lost touch in 2017, but in 2019, the two met each other in Singapore and initiated to brainstorm

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Bitcoin Could Be a Ladder for Virus-Hit Latin America, Says RSK Co-founder

August 5, 2020

The decentralized, peer-to-peer nature of digital currencies has long made them an attractive proposition for people in economically-challenged countries. This isn’t mere speculation. From Venezuela to Turkey, India, and Iran, citizens have flocked to cryptocurrencies as their national currencies have proven volatile in the face of economic turmoil.Now, the co-founder and CEO of IOV Labs, Diego Gutiérrez Zaldívar, has penned the possibility that they could help the Latin American accelerate its recovery from the fallout of the coronavirus pandemic. He’s long been a champion of Bitcoin and other cryptocurrencies in the region, even before his firm built the RSK network and RIF infrastructure layer as a smart contract solution for Bitcoin.RSK’s CEO Diego Gutiérrez ZaldívarAs a native

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PrimeXBT Safe Haven Comparison: Does Gold or Bitcoin Deliver Better Performance?

July 17, 2020

[Featured Content]Take a glance at Bitcoin price charts in comparison to gold, and the two asset’s price action looks nothing at all alike.How then, did the two assets end up with nearly the same exact performance after two full years of trading? And what does the vastly different price action say about each asset?The Surprising Outcome Of The Safe Haven ShowdownInvestors in Bitcoin and other cryptocurrencies have spent the last two full years on a wild roller coaster ride, full of exhilarating highs and frightening lows.Those who hold gold, on the other hand, have enjoyed a slow, stable, and steady rise for two years now, with very few moments of panic or over-exuberance in between.The two assets are often brought up in the same conversation together for several reasons. Both gold and

Read More » Tokenized Exchange Is Now Licensed In Gibraltar

July 6, 2020

Cryptocurrency and tokenized commodity exchange has obtained a license permitting it to operate in Gibraltar.News of the license being issued arrives at the perfect time for the Minsk-based trading platform, which is looking to expand into new is already licensed by Belarusian authorities, making the Gibraltar license the icing on the cake and the prelude to entering new crypto-friendly markets.Having obtained the distributed ledger technology license from the Gibraltar Financial Services Commission (GFSC), is primely positioned to capitalize on the demand for alternative assets.“Our Gibraltar license is an important endorsement for the platform and further confirms our adherence to the most stringent standards, providing the highest level of

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You Can Now Withdraw TRON (TRX) From Over 13,000 ATMs In South Korea

July 4, 2020

The tentacles of the TRON ecosystem continue to extend their reach across the globe. The latest endeavor has seen TRON join forces with MeconCash, making TRX and JST exchangeable for Korean Won at cash points across the country.More than 13,000 ATMs will support the crypto-fiat swaps as TRON seeks to seal its status as versatile digital cash for the people.TRON Arrives at South Korean ATMsTRON and its native TRX currency have broad support across Asia, where Justin Sun can be found actively extolling the virtues of the blockchain ecosystem he founded and its forthcoming upgrade.TRON 4.0 will bring privacy features, greater scalability, and customizable sidechains for enterprises. In the here and now, though, TRONS users are still primarily consumers who utilize TRX to interact with dApps

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What’s the Difference Between BTFS and IPFS?

June 24, 2020

Distributed storage might not sound like the most enthralling topic, but the ongoing battle for dominance among competing protocols is likely to have far-reaching consequences for 4.5 billion active web users.At present, two entities are vying for supremacy, with BitTorrent File System (BTFS) going up against InterPlanetary File System (IPFS). Though the raison d’etre of each protocol is virtually identical, with each project promising to usher in a safer, more secure internet, this is a technological arms race that is destined to be fought to the finish.And on recent evidence, BTFS is the odds-on favorite to score a knockout victory, having launched its mainnet ahead of its great rival.Why BTFS Has the EdgeLike IPFS, BTFS is challenging the hegemony of centralized data storage systems and

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Bybit Exchange Adds Customized Alerts Including Price And Trends Following

June 18, 2020

Pro traders who eat, sleep, and swap Bitcoin 24/7 now have no excuse straying out of the loop.Derivatives exchange Bybit has introduced custom alerts for users of its trading app, providing on-the-go notifications around the clock.For traders whose edge is predicated upon executing trades seconds ahead of the market, the service should prove a godsend, while for more casual traders, Bybit’s alerts provide early warning of sizable market moves that are underway.Bybit Goes Bespoke With Configurable Trading AlertsBybit is not alone in providing its users with trading alerts; in fact, trading platforms and portfolio trackers offer this service as well. For existing Bybit users, however, the ability to have price alerts that precisely match the pricing on the platform where their trades are

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Entertrading Is Officially a Thing: Exchanges Learn to Attract Users With Referrals and Contests

May 15, 2020

[Featured Content] As the ongoing crisis forces crypto exchanges to compete for each user, they are trying new approaches to customer acquisition.Combining trading and entertainment into ‘entertrading’ is one such approach, pioneered by Nominex Exchange. It focuses on the excitement of trading, the spirit of competition, and additional ways to make a profit.Exchange marketing needs a rehaulCrypto trading may be a very new industry, but the marketing techniques used by exchanges are surprisingly outdated.Such cornerstones of digital marketing as SEO, gamification, or lead magnets are still uncharted territory for most small trading platforms – and many large ones. Even tools that seem created for exchanges, like partner programs and contests, are not too common.However, the monumental

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TRON Launches New USD-Pegged Stablecoin USDJ Via TRON’s DeFi Platform JUST

May 3, 2020

TRON, a popular blockchain platform and decentralized content ecosystem have just announced its move into the world of decentralized finance (DeFi), with the launch of JUST – a decentralized lending platform with its associated stablecoin, USDJ.JUST and USDJ are Now LiveTRON’s first DeFi project is JUST, a new platform that allows TRX holders to receive a new stablecoin called USDJ in return for locking up TRX in a collateralized debt position, or CDP.Like Tether (USDT), TRON’s new USDJ token is pegged to the value of the US dollar (USD). However, it differs in that it is instead collateralized with a digital asset – in this case, TRX coins. Tether, on the other hand, is collateralized by USD bank deposits.Since USDJ does not require users to make a bank deposit, USDJ can be issued

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