Gold is a precious metal used in many industries, but it’s also a well-known investment product and a historical hedge against economic turmoil and inflation. Widely regarded as a risk-off asset, gold prices tend to perform best in a challenging financial environment – during a crisis, wars, shakedowns, and whatnot. What is a Gold-Pegged Cryptocurrency? Gold-pegged cryptocurrencies, on the other hand, are a derivative asset class that allows users to purchase, trade, and...
Read More »What is Polygon (MATIC)? Guide For Dummies
Polygon, formerly known as MATIC network, is a layer-2 scaling solution created in 2019 to address several limitations in the Ethereum blockchain, such as transaction speed, throughput, and gas fees. It was originally designed as a scaling solution, but it rapidly evolved into a multi-purpose ecosystem that’s been receiving a lot of attention. MATIC, its native token, debuted on the Binance Launchpad in 2019 amid the Initial Exchange Offerings (IEO) boom. But first thing’s...
Read More »Investing in NFTs: 12 Must-Read Tips to Spot the Best Projects
The space of non-fungible tokens (NFTs) has grown exponentially over the past year, and this produced quite a few consequences. For once, there are thousands of NFT projects spawning every single day, and the entire space resembles a lot of what we’ve seen during previous hype cycles with initial coin offerings (ICOs), initial DEX offerings (IDOs), initial exchange offerings (IEOs), and whatnot. The general consensus is that non-fungible tokens are here to stay and are going...
Read More »COTI in 2022, The Relationship With Cardano, NFTs & BTC: Interview with CEO Shahaf Bar-Geffen
Shahaf Bar-Geffen is the CEO and founder of COTI Network, a blockchain-based payments network. Bar-Geffen has a rich background in the tech field, and, believe it or not, back in 2016, he sold a media company by the name of Web3 to Mccan Erickson Group (IPG). He also founded a company called Positive Mobile – one of the first venues to advertise on smartphones and a company that was also acquired later on. His crypto passion started in 2015 and became even more serious when...
Read More »Top 10 NFT Marketplaces You Should Know in 2022
Tokenized assets and rare digital collectibles are raking in billions of dollars across NFT marketplaces, and everyone, including celebrities and top-notch artists, is looking for ways to take part in the craze. There are many platforms built on different blockchains that allow you to buy and sell non-fungible tokens. But before delving into the list of the top 10 best NFT marketplaces, let’s quickly look at the meaning of NFT and why there is a need for many NFT trading...
Read More »What Are Rug Pulls? How to Avoid Getting Scammed?
Nearly $10 billion were stolen in DeFi scams and thefts only in 2021, representing an 81% rise compared to 2020, and rugpulls accounted for over 35% of all crypto scam revenue. This is according to a recent report by Elliptic. And while there are many types of scams that take place regularly within the cryptocurrency community, rugpulls are arguably the most infamous. So, What is a Rugpull in Crypto? A rugpull — from the phrase to pull the rug from underneath someone —...
Read More »BitYard Exchange Beginner’s Guide: Everything You Need to Know
BitYard is a cryptocurrency exchange that offers both spot and derivatives trading, as well as the ability to copy trade. It is headquartered in Singapore and, according to its official website, accepts traders from more than 150 countries. Traders can buy or sell cryptocurrencies with high leverage or just use the spot exchange. In addition, we will also walk you through the inverse perpetual futures and how they work. Quick Navigation: How to Register a New Account on...
Read More »What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know
Decentralized Autonomous Organizations (DAOs) are a form of governance systems powered by their community. They can be independent of third parties, and government corporations and they also differ a lot in their business and organizational model from traditional organizations. Quick Navigation What is a DAO? In light of the above, we can pinpoint the following characteristics of a DAO: Non-hierarchical system: As the name suggests, DAOs are decentralized systems owned and...
Read More »What Are CryptoPunks and Why Are They So Expensive?
Non-fungible tokens (NFTs) became a huge trend in the crypto industry throughout 2021. The demand for unique, rare, and scarce tokenized items continues to shoot through the roof at the time of this writing in January 2022. Artists, celebrities, and creators are launching different NFT projects to satisfy the insatiable cravings for the new asset class. But while there are now hundreds if not thousands of non-fungible tokens (NFTs) flying around, with each aiming to become...
Read More »Top 10 Most Expensive NFTs Ever Sold (Updated 2022)
2021 was the year when cryptocurrencies and blockchain technology witnessed massive growth, both in market capital and infrastructure development. One thing that caught the attention of the crypto community and the mainstream audience was the rise of non-fungible tokens (NFT). In case you’re unfamiliar with what these are, please take a look at our video guide on NFTs, or its written version. They saw exponential growth in 2021, as the digital space was being reshaped by the...
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