Tag Archives: Projects

[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...

[Featured content] Privacy is undoubtedly one of the main concerns when it comes to cryptocurrencies. A lot of their appeal comes from the fact that they’re considered much more private compared to traditional money transfer. That, however, has turned out to be rather untrue throughout the course of the past few years. In fact, one of the biggest misconceptions about Bitcoin, for instance, it’s that it’s anonymous – it’s not. Bitcoin is pseudonymous, meaning that you will...

[Featured content] The cryptocurrency field is growing at a considerable rate as more companies and individuals get involved.  As CryptoPotato recently reported, Google searches for the ‘buy crypto’ key phrase have surged to their highest point since all the way back in January 2018 – during the peak of the ICO bubble.  Google traffic is usually a very good indicator of retail interest in the field, but institutions are not lagging behind. Another report by the giant...

[Featured content] DeFi has no doubt exploded in 2020 as the industry saw unprecedented growth all the way from March. In fact, data suggests that there’s currently around $11.2 billion locked in various lending protocols in the ecosystem. While this may have somewhat surprised many, it does come as a natural and logical extension of the crypto field. After all, that’s the general purpose of cryptocurrencies – to separate state and money through an immutable and decentralized...

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...

[Featured content] The parent company of the Bitcoin smart contract platform RSK has entered into a collaboration with Grupo Sabra to create Extrimian. Announcing Extrimian According to an official release dated September 30th, 2020, IOVlabs and Grupo Sabra have entered into a partnership to create a new joint venture called Extrimian, a new joint venture aimed at providing blockchain solutions for businesses and governments. IOVlabs is the parent company behind the Bitcoin...

[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...

[Featured content]Decentralized finance (DeFi) is certainly the hot topic of 2020 and a field where most of the attention in the industry is focused on.That’s not surprising. In a few short months, the total value locked in DeFi protocols has surged from about $500 million to over $11 billion, at the time of this writing, representing a staggering increase of more than 2000%.And while a lot of the upcoming projects have turned out to be blatant scams and rug-pulls, there’s no doubt that DeFi...

[Featured content]Cryptocurrency trading is quickly catching up to speed. This year has been nothing but tumultuous for the markets, both legacy and crypto.2020 started great as all major indices were climbing in an upwards direction – slowly, but steadily. The same can be said about the crypto market. In fact, Bitcoin had an impressive run up until the end of February, shortly before things took a turn for the worst.The global coronavirus pandemic took the world by a storm. What started off...

[Featured content]Cryptocurrency trading is becoming increasingly popular, and there are plenty of reports backing this up.As CryptoPotato most recently reported, the volume for cryptocurrency derivatives trading reached a new monthly all-time high in May, clocking at upwards of $600 billion.With this in mind, it’s no wonder that users are looking for new ways to optimize their trading strategies and make them more profitable. There are various platforms available that offer a myriad of...