Browsing Tag
DAO Creation Platforms And Management Systems
In the past year alone, the number of DAOs has increased to more than 4000, with the top 20 DAOs holding over $14B in digital assets. Through a DAO, an organization can automatically execute “corporate” actions through the creation of smart contracts, and thus make...
DeFi Marketplace Falls To Hackers, Loses $3M
Recent reports have revealed that Deus Finance, a popular multi-token DeFi platform, became a victim of an exploit. An unknown hacker (or hackers) used the flaw to rob the platform of $3 million worth of crypto. According to reports, the loss includes 200,000 DAI and...
Mercury Rising – An Interview With Nuke Goldstein – Celsius Founder And CTO
In a month packed with electrifying meetings and networking events, our encounter with the Celsius Network crew at the Synapse Conference in Tampa leaps to the top of our highlight list. Many of us at Team Blockster use Celsius to earn rewards on our ETH...
Women Who Defy – Empowering Women With Crypto Defy Trends
If you’ve ever tried to learn about cryptocurrency on your own, it can be confusing. The industry is full of acronyms, slang, and cryptic candlestick charts. To a newcomer, it can feel like learning a foreign language. Defy Trends was created to shed some light...
StoneDefi – Rock Solid Defi?
In September 2020, Alex Lam founded StoneDefi. Lam is well-known in the crypto industry for projects such as RockX. By the end of the year, Signum Capital had taken an interest in StoneDefi. With funding from Signum Capital, Lam’s project was on its way to...
Adobe's Behance Integrates Phantom Wallet To Support Solana NFTs
Adobe's Behance has announced that it will allow users to link their Phantom Wallet to their Behance accounts. This integration will allow users to showcase the non-fungible tokens (NFTs) developed on the Solana network on their profiles. The support for Solana NFTs on Behance has...
Taking The Voyage With Voyager
Imagine banking, trading, and buying everyday goods all tied to a crypto account. This is the future that Voyager is pursuing: get rewarded for holding crypto; tell your friends and get rewarded for that too. Voyager: Then and NowEstablished in 2018, Voyager is a crypto...
Telcoin – The Future Of User-owned Mobile Financial Services
But what if you could have a bank in your pocket too, where sending money across the world in a second could be a snap? You can now send money faster than ever if you have a smartphone. You don’t need to go to the...
Interoperability Across The Metaverse With GuildFI
It also bridges traditional gaming experiences–like online multiplayer games or trading card games–with new digital assets and industries such as crypto exchanges and decentralized applications (dapps) in the growing metaverse. The concept of creating guilds in the crypto space was born out of play to...
UK Tax Authority Releases Controversial Rules For DeFi
The UK tax agency, Her Majesty’s Revenue and Customs (HMRC) recently published a new set of rules for the decentralized finance sector. However, the document has already started attracting criticism, as the rules could severely affect innovation in DeFi. Published on Wednesday, February 2nd, the...
What Is Kava, And Why You Better Pay Attention
But what is it? Kavais a DeFi Platform that provides lending services to holders of major cryptocurrencies. Think of it as a decentralized bank. With $2.1 billion in assets on-chain, a fully diluted market cap of close to $700 million, over 280k users, and $1.8...
Wonderland Becomes The DAO Of Dystopia
When DAO’s (distributed autonomous organizations) sprung onto the DeFi space at the end of Q3 and beginning of Q4 of 2021, DeGens got excited: frogs were born, and visions of APYs (annual percentage yields) of 80,000% and more caused a lot of buzz, as investors...
Chainalysis: DeFi Protocols For Money Laundering See Increased Utility In 2021
Cybercriminals Laundered Crypto Worth $8.6 Billion in 2021The blockchain analytics company Chainalysis, published a report on Wednesday (January 26, 2022), stating that cryptocurrency laundering in 2021 totaled $8.6 billion, indicating a 30% increase from the figure recorded in 2020. In comparison, 2019 saw the all-time...
Nepal’s Banking Institutions: “Crypto Is Illegal”
Nepal’s Banking Body Issues Crypto Ban NoticeAccording to The Himalayan, the Nepal Bankers’ Association recently issued a notice stating that individuals were prohibited from indulging in cryptocurrency activities. The notice covers Nepalis and foreigners living in Nepal, as well as Nepalis living abroad. An excerpt...
Yield Farming On DeFi Luna
By Evan Moffic In 2016, after five years at Microsoft, a bored computer science graduate of Stanford University started his first company. It aimed to expand internet access to impoverished populations around the world. As the company grew, its founder, Do Kwon, became so intrigued...
MakerDAO – Ethereum's Best DeFi Platform?
This happens every weekend. In every country, in every corner of the world, we gather with friends and try to figure out the bill at the end of the night. What if you could sort it out in an instant? "I'm transferring 30 Dai over...
Frogs, Degens, IDOs Oh My…
There is no question that new and exciting things are happening and that cryptocurrency is taking “the way business has always been done” and flushing it down the old school drain. One of those newer funding vehicles is called an Initial Dex Offering or IDO...
A Beginner's Guide To Yield Farming
Banks make a lot of money. Last year the CEO of Chase bank received a salary of $22 million, along with hundreds of millions more in stock options. What if you could do exactly what banks do? You can lend money and make more in...
Coinbase Introduces DAI Yield Product In 70 Countries
The DAI Yield ProductAccording to the exchange, the service would be a new way for their clients to put their DAI to work, earning a decent yield of between two and six percent. Users who participate in this program can still access their DAI stablecoin...
IoTeX (IOTX) Vs IOTA
However, it is important to remember that there are other kinds of projects, as well, not quite made to be currencies, but neither are the members of these three trends. These are the projects that were around for years now, aiming to solve real-world problems...
Umee DeFi Hits ICO Target Early – Exciting Prospect?
Furthermore, Umee aspires to link the cryptocurrency world; the name itself implies connectedness by combining the letters "U" and "Me." Umee is a decentralized infrastructure for cross-chain interactions. Umee links people in a frictionless and trustless method to form lending and borrowing positions, transfer capital...
Kris Marszalek – The Man Behind Crypto.com
The decision was made in order to reflect the company’s core mission, which is to accelerate the global adoption of digital currencies. Over time, the exchange grew and developed a robust series of products, including crypto debit cards, a decentralized version of its service. However,...
Top 3 Ways To Survive The Next Crypto Bear Market
The aforementioned developments hold the potential to kickstart a bear market in the crypto industry that can last from a few months to years. Unlike a bull market where virtually every trader seems to make plenty of easy money, a bear market is notoriously unforgiving...
DeFi Crypto Scams On The Rise – How To Protect Yourself
However, with the increase in the market cap of DeFi protocols, so also the rise in scams in the sector. This piece looks at the various DeFi scams and how investors can protect themselves. Types of DeFi scamsThe various types of DeFi scams are outlined...
What Is Liquidity And How Does It Impact DeFi?
The liquidity of an asset represents the ease with which an investor can convert their assets into cash. That said, the liquidity of DeFi is of utmost importance since the main aim of a trader is to make profits as fast as possible. What Are...
Compound (COMP) Vs. Celo (CGLD): The Battle For DeFi Supremacy
Compound and Celo are two projects that add value to this sector. In 2020, DeFi platforms had a breakout year. Cryptocurrency enthusiasts championed these platforms, which fueled a general market rally in the latter half of the year. DeFi platforms continue to show remarkable diversity...
Does Crypto Adoption Rely On Gaming And Culture For Breakthrough?
However, the greatest concern for the blockchain and crypto industries lies in how increasing attention can be converted to long-term adoption. DeFi and NFTsSystems supported by Decentralized Finance (DeFi) have brought us to a space where in-game purchases are conveniently traded out of the game....
Colony Lab On Target For $21 Million Raise — About The Project
How then can these retail investors partake in and fund an accelerator program of a propitious project just like others? Colony Lab has come to bridge this gap via its revolutionary approach and unique features. Colony lab is a Defi project or protocol that runs...
5 Crypto Predictions That The Experts Got Wrong
While many investors have made insane profits this year, many others have lost a lot. The market has often played according to analysis and predictions, but sometimes, it has proven analysts wrong and rubbished certain predictions about price action. Some analysts and experts this year...
Ethereum Is Less Than 2x Away From Flipping Bitcoin, Is The Flippening Inevitable This Bull Cycle?
At the time of writing, ETH sits at over $4,200 despite the catastrophic market crash witnessed on December 4 which liquidated open market positions worth more than $2.5 billion within 12 hours and diminished the total crypto market cap to $2.3 trillion. While all cryptocurrencies...
DEXs See Record Growth As Exchange Battles Tighten
Despite the market-wide meltdown, decentralized exchange (DEX) volumes have been soaring, owing to DeFi, which continues to amaze with billions of dollars entering this new economy. Growth Experienced By DEXDespite having a low volume compared to the other DEXs, OpenSea was one of the fastest-growing,...
How To Get Around Ethereum's High Gas Fees And Use Layer 2 Solution
There are a number of solutions available right now that take us off the main Ethereum chain and allow us to run DeFi apps at a fraction of the cost. Because these scaling solutions execute transactions and computations of the main Ethereum chain, they're able...
BadgerDAO Exploited For $120 Million In Front-End Attack, How Is This Bullish For DeFi?
The incident was first reported by blockchain audit and security firm PeckShield on December 2 where it was estimated that the hackers ran away with close to 2,100 Bitcoin (BTC) and 151 ether (ETH) via a front-end attack on BadgerDAO. While there’s no arguing that...
Blockster Becomes An Exclusive Media Partner With EcoX Dubai
EcoX Dubai possesses one of the most prominent networks in the industry, comprising top investors, prominent executives, and well-known thought leaders. EcoX’s meetups and events regularly gather the industry’s leading trendsetters. And now you will be able to get all the coverage exclusively on Blockster....
Ethereum Has Massively Outperformed Bitcoin In 2021 – Flippening Soon?
However, as a bigger, older, and more dominant one, Bitcoin is usually the one to command Ethereum, as well. With that said, it is not unheard of for other projects to sometimes decouple from Bitcoin and take off on their own, which is what happened...
Grizzly.fi’s Andrés Soltermann Shares His DeFi Story
Whether we are talking about developers, entrepreneurs, traders/investors, or otherwise, there are plenty of remarkable individuals who were attracted by the opportunities offered by the crypto world. One of Blockster’s goals is to introduce its users to these cool people from our industry and let...
CODI Finance Goes To IEO Amid A Lot Of Hype
What is CODI Finance?CODI Finance is an all-in-one DeFi protocol built on Solana, a scalable blockchain offering fast and cheap transactions. The protocol, ensuring that its offerings are secure, highly scalable, and interoperable, has three main products: a Decentralized Exchange (DEX) launchpad, an NFT marketplace,...
DeFi Tokens Continue To Disappoint — Curve Rises Against The Odds. What's Behind CRV's Rise?
For example, the price of the DeFi Pulse Index (DPI), an index token that tracks the price of the top Ethereum-based DeFi tokens continues to make new bottoms against ETH as evident from the following chart. (Source: TradingView) Additionally, several other so-called DeFi ‘blue chip’...
Criminal Activity Thrives On DeFi As $10.5bn Lost To Fraud And Theft
Ever since it became popular, the crypto industry has been seeing major amounts of money go through it. Not quite at the level of traditional finance, of course, but still pretty large. And, since it remains unregulated, that money is sometimes not properly secured, and...
XDEFI Wallet Raises US$ 19M In IDO And Launches Liquidity Program
With XDEFI Wallet, you can store, receive and send your digital assets irrespective of their native chain. All you need to do is install it as a web browser extension on Chrome or Brave (with Firefox in the works). From there, it is possible to...
Sony Giving Away NFTs To Spider-Man Ticket Buyers
According to what is known, Sony and AMC are about to show their appreciation of blockchain technology by engaging in this year’s biggest crypto trend — the NFTs. The plan is to offer free NFTs to anyone who pre-orders tickets for the newest Spider-Man movie,...
MintCarbon.io Launches A Carbon Credit NFT Minting Platform
The figures couldn't paint a grimmer picture. According to the Global Carbon Project, we'll have emitted 36.4 billion tonnes of carbon to the atmosphere by the year's end. Coming at a time when global temperatures are rising, this is a worrying revelation. Accordingly, climate-conscious individuals...
Ethereum: A Future With Layer 2 Protocols And Even Layer 3 And 4 Protocols
In recent months, DeFi users have overburdened the Ethereum network, resulting in a backlog of unprocessed transactions. As a result of this situation, decentralized applications and networks are threatened by network congestion and high transaction fees. Is it Necessary to Have Low-cost and Fast Microtransactions...
The Network That Unites Retail Investors With Socially Responsible Business
For the Coop Network, “blockchain” means co-operation. Accordingly, community-focused profit-sharing stands at the center of Coop’s decentralized blockchain project, which aims to unite retail crypto investors and mainstream enterprises seeking to implement blockchain payment and investment solutions. Underserved markets are an especially vital component of...
Beaver Finance Offers Hedges With Yield Farming
Beaver Finance is a pioneer in its offerings. It is the first DeFi platform to offer liquidity mining. This is under its hedging solution for Impermanent Loss. The platform features a single asset Automate Yield Farming. The platform also contains an Engine for Asset Allocation....
Non-Custodial Wallets And Exchanges – What You Should Know
From the BeginningThe idea of blockchain is to build a thorough system whose records are immutable, making it impossible for any party—righteous in real life or not—to cheat the system. Blockchain is all about trustlessness. To achieve these ideals, any blockchain-reliant project anchors on the...
Ethereum Scaling Solution ZkSync Goes Onto Mainnet – ZK-Rollups The Answer To Scalability?
Transaction FeesFor instance, at the time of writing, a simple transfer of ERC-20 tokens from one wallet to another costs $23 on average. Similarly, a token swap on decentralized exchange Uniswap (UNI) costs north of $70 which is simply not feasible for an average user....
AntEx — Sold Out On Pre-orders Before ICO Launch
In October, the decentralized platform raised the sum of $7.3M, of which $4.8M came from its token sale, funding that was led by Gelos Venture with participants, such as Atlantic Capital, AVA Capital, etc. It's no surprise that AntEx token was already gaining traction before...
Promised 100% ROI? It’s Likely A Scam, Here’s Why
Too Good to be True RuleROI (Return of Investment) is a financial metric largely used by businesses and corporations across the globe to measure the probable return of an investment. It’s calculated in a ratio between net income and investment and can be used to...
The Eighth North American Bitcoin Conference Strikes Florida Next January
Blockster, the all-in-one content platform for crypto, has announced that it became an official media partner. This will be the eighth edition of the conference on Jan 16-19, 2022, and the team expects to gather an audience of over 4000 assistants in the James L...
Facebook Renaming Brand Might Catapult Ethereum To New ATHs
Meta is also Zuckerberg's jumpstart to the Metaverse, which has been the latest buzzword around the internet. The metaverse is a digital landscape where people can interact socially and economically using digital goods. But what technology will run the metaverse? Many have opted and signalled...
Aave Launches Aave V3 – A Look At The Largest DeFi Lending Platform's Latest Version
Founded in 2017, ETHLend underwent a branding makeover to embrace a name that doesn’t tie the protocol to a single smart contract platform, and thus Aave (AAVE) was christened. Aave (AAVE)Today, Aave is inarguably the largest DeFi borrowing and lending protocol and stands alongside the...
Do Your Own Research – What To Know Before Investing In A New Crypto Project
But to spot a good project, we first need to do our homework. What should we keep in mind before investing in a new project? Who’s Behind the ProjectGetting to know the team behind a cryptocurrency or DeFi project is essential to know the product’s...
The Top Exchange Tokens That Benefit From Increased Crypto Trading Volume This Holiday Season
The crypto markets witnessed huge mainstream interest during the 2017-18 bull run, followed by 2020-21, and look primed to grab attention from the mainstream audience once again in the coming months. Traditionally Bullish Time of YearA major reason to be bullish during the upcoming few...
Interoperability Solutions Are In Great Demand In The Crypto Sector, Says Broxus CEO
Vladislav Ponomarev, the CEO of Broxus, spoke to us about the challenges that his company faced, as well as the products that they managed to create thus far. Blockster: Introduce your company, product, and audience? Vladislav Ponomarev: We are named Broxus. We are a blockchain...
Avalanche Continues To Defy The Crypto Market Dip, Is AVAX Still A Good Investment For The Bull Run?
On November 10, Bitcoin (BTC) marked its latest all-time high value of $69,000 before tumbling to its current market price of ~$57,000. The fall of BTC was accompanied by a dip in the wider crypto markets as the total crypto market cap shrunk from more...
The Top 3 Underrated Metaverse Projects You Should Keep An Eye On
Following Facebook’s rebranding, a flurry of companies across different industries such as Microsoft, Nike, and others, announced their desire to build their Metaverse. The rising interest in the metaverse has translated into spectacular price action across the leading metaverse tokens in the crypto industry. Over...
The Exciting Rise Of Institutional DeFi Investment
The transformation is accompanied by swift financial innovation and growth associated with radical opportunities and investment returns. Only in 2021, DeFi has recorded an increased total locked value from $646Million to about $14 billion. However, the Rise of Institutional DeFi Investment is triggered by this...
How To Mint An NFT From Scratch
NFTs saw exponential growth by the 3rd quarter. Its popularity over the last few years captured the interests of lots of users globally. This growth is spurred on by its high yield, and the possibilities it offers for the evolution of the Metaverse. NFTs trading...
Ripple And Liquidity Hub – Moving Into The DeFi Space
To this effect, Ripple decided to move into the DeFi space through the launch of a new product ‘Ripple Liquidity Hub’. Ripple designed this Liquidity Hub to enable all enterprises to source various tokenized assets from it. It will also allow unrestricted access to crypto...
SEC Commissioner Welcomes DeFi Opportunities – But It Needs Compliance
DeFi eliminates the need for an intermediary via its smart contracts and decentralized applications (dApps) that run on blockchains. As a result, many financial institutions integrate these dApps into their system using NFTs and DeFi popular digital currency bitcoin. However, while DeFi’s opportunities attract attention,...
Want To Earn A Crypto Living? Top 5 Ways To Earn A Crypto Income
Investing in CryptoInvesting in cryptocurrencies is the most prominent and essential way of generating profits with crypto. However, there are some things to keep in mind before accessing the crypto market. First, we need to choose a digital asset that has a promising future. Once...
Reddit Looking To Allow Users To Exchange Karma For Crypto
Cryptocurrencies are gradually becoming an integral part of the world's systems. Industries and sectors continue to plot a future around blockchain technology, and ultimately, cryptocurrencies. The idea of a decentralized internet, Web 3.0, has been mooted in many quarters, and several social networks are beginning...
Charles Hoskinson – Charlatan Or Messiah?
He attended Metropolitan State University in Denver and University of Colorado Boulder where he studied analytic number theory but failed to complete his PhD. Hoskinson moved to the blockchain space after he quit his consultancy job in 2013 by beginning a project dubbed Bitcoin Education...
The Ethereum Merge Won’t Lower Fees – So, What Will?
Ethereum’s developers, headed by the network’s founder, Vitalik Buterin, have been working towards ETH 2.0 to switch the platform to a proof-of-stake consensus. What is the Ethereum Merge? When the Ethereum network was initially created, the Beacon Chain protocol was separated from the Mainnet, with...
Rest Super Could Be The First Australian Pension Fund To Invest In Cryptocurrency
Rest Super Considering Crypto Exposure for MembersAccording to Business Insider Australia, the Chief Investment Officer (CIO) of Rest Super, Andrew Lill, during a general meeting held on Tuesday (Nov. 23, 2021), said that crypto is viewed "as a veryinteresting and important part of our portfolio...
What Is DeFi 2.0? A Look Into Spell (SPELL) And Magic Internet Money (MIM) Token
If you’ve been following the decentralized finance (DeFi) landscape lately, chances are that you must have come across the term “DeFi 2.0.” While the term might sound a little confusing at first — indicating a new iteration of DeFi, which, in itself, is a relatively...
Serum (SRM) Closes On Top 50 – Is It A Good Investment?
Motivated by the high transaction fees and the lack of scalability of applications on the Ethereum blockchain, several blockchain projects have taken the initiative to solve the problem. This is the case of Solana, with its features and tools available for new developments, which lends...
Crypto Top Figures Vitalik Buterin, Sam Bankman-Fried, And Caitlin Long
Who is Vitalik Buterin? What is He Currently Involved in?Vitalik Buterin, co-founder of Ethereum. Anyone who is interested in cryptos must have heard of Vitalik Buterin, the founder and mastermind of Ethereum, the second-largest coin by market capitalization. Buterin was born in Russia in 1994,...
Top 3 Reasons Why DeFi Will Always Beat CeFi
Decentralized Finance (DeFi) has been blowing up for over a year and a half now, and ever since it went big, it showed everyone just how flawed CeFi (centralized finance) is. Even now, DeFi is in its early stage, still imperfect and largely experimental, that...
Is ADA Better Than Ethereum? Let’s Examine This Controversial Statement
However, before we jump into an out-an-out comparison between the two platforms, it would be beneficial for our readers to gain a bit of background on both projects. An Overview of Ethereum and CardanoAs many may already know, Ethereum is the brainchild of Canadian-Russian developer...
How Crypto Gave Hope To Millions During COVID Pandemic
This, of course, does not refer to the prices or the market caps, but rather on the awareness about the industry, and the growing number of users. Ever since the bull run of 2017, when Bitcoin first hit $20,000 per coin, the crypto industry has...
JP Morgan Says Institutions Favour Ethereum Over Bitcoin – Why Is It
This trend was revealed in a recent analysis carried out by U.S banking giant JP Morgan Chase. The analysis focused on the Chicago Mercantile Exchange and compared the trading trend of bitcoin futures in the month of September. It was noticed that bitcoin futures traded...
Can Ethereum Reach $100,000 A Coin In The Future?
Currently, Ethereum is trading around $3800 according to data from CoinGecko, hence making a jump to $100,000 will take several years, and it will depend if the altcoin maintains its relevance over the years. The $100,000 mark has currently been set for Bitcoin, with some...
FATF Final Guidance Includes More Clarification On DeFi And NFTs
FATF Extends Crypto Policy Work to DeFi and NFT The FATF first published a crypto guideline back in 2019 known as the Travel Rule, to regulate and monitor cryptocurrency exchanges, with the aim of abating terrorist financing and money laundering activities allegedly associated with cryptocurrencies....
Tezos Sees Rapid Growth Of DeFi Amid High Ethereum Fees
While Ethereum is addressing some of these issues by providing solutions such as the Ethereum 2.0 upgrade expected to happen next year, DeFi is slowly moving from Ethereum towards other networks such as Tezos. The blockchain is becoming popular with DeFi because, unlike Ethereum, it...
Exciting New Crypto Projects Soon To Launch
Such benefits create room for more innovations and global acceptance of digital assets. At the time of writing, the crypto ecosystem supportsmore than 12,000 coins. The number is set to increase as the demand for advanced financial solutions rises. In the following article, we explore...
Blockchain Economy Expo 2020 Partners With Blockster
Blockster is a platform that connects cryptocurrency developers, stakers, miners, investors, and traders with other cryptocurrency experts and enthusiasts. The Blockchain Economy Expo 2020 is one of the world's largest blockchain events, bringing people together from 191 countries to meet and connect. Blockchain Economy Expo...
MetaMask Is Widely Used But Slow To Transact – Why Is It Popular?
Web wallets are crucial for your defy experience and when it comes to interacting with platforms like Uniswap, Aave and PancakeSwap there's no better solution than MetaMask. To put it into perspective MetaMask currently has over 10,000.000 users on the Chrome extension and over 5,000,00...
Can Solana (SOL) Reach A New All-Time High In Q4 2021
Solana’s native coin SOL has had a monumental run throughout 2021, surging from around $1.5 at the beginning of the year in January to its current market price of approximately $150, according to data from CoinGecko. While SOL hit an all-time-high (ATH) value of $213...
The Future Of NFT Hype And Crypto Adoption — Felix Mago, Co-Founder Of Dash NEXT And Futerio
Still, it is always interesting to hear the thoughts of experts on the new developments and progression of crypto, and today we had the chance to hear the opinions and ideas of Felix Mago, the co-founder of Futerio, Dash NEXT, and Dash Thailand. Blockster: Could...
How FTX's NFT Marketplace Could Rival OpenSea In Market Domination
What are NFTs?NFTs, short for non-fungible tokens, have been around for years in the crypto space but are a fairly recent phenomenon in mainstream culture. NFTs broke into the mainstream culture after digital artist Beeple auctioned “Everydays: The First 5000 Days” at Christie’s for a...
Which Is The Top DEX In The Solana Ecosystem? Orca Vs Raydium
SOL’s rapid price appreciation comes on the back of several factors, the most important of them being its lightning-fast transaction speed and cheap gas fees — the two major problems that plague the Ethereum ecosystem. Solana provides an attractive and feasible alternative to retail investors...
5 Cryptos To Earn Yield – Without Staking
When you deposit money in a bank, it is like you are giving the institution a loan, for which you get interest. Earning yield in crypto is more or less the same, it involves lending cryptocurrency and in return you get interest and other times...
DePo CEO, TJ Dunham, Speaks On The State Of The Crypto Space And How DePo Will Boost The Space's Efficiency
One example is TJ Dunham, the CEO of DePo, who has excellent experience in crypto and fintech industries. He has years of trading a variety of assets behind him, including commodities, forex, and, of course, digital currencies. He also managed a proprietary trading firm, DeFi...
DeFi Popularity Contributed To North America’s Status As The Second-Largest Crypto Market Globally
While the North American crypto market grew over 1,000% within one year, Eastern Asia experienced a decline in the share of global crypto transaction volume. DeFi Pushes North America's RankAccording to blockchain and cryptocurrency forensic company, Chainalysis in its 2021 Geography of Cryptocurrency Report, North...
What Are Flash Loans – Should The Crypto Community Be Cautious?
Flash loans are relatively new lending systems that have become popular in the DeFi space, yet their popularity has risen to the mainstream as they have been used to exploit hundreds of vulnerable DeFi protocols that resulted in the loss of millions of dollars. How...
Blockster Becomes BLOCKCHANCE Europe 2021 Media Partner
The mega-summit, which will take place between December 2 and 4, 2021, in Hamburg, Germany, will see 1,500 attendees and 120 speakers from all over the world. Adhering to the strict distancing rules due to the COVID-19 pandemic, the leading conference in the blockchain and...
DeFi Risks Explained – It Runs Deeper Than Bad Coding
The adjusted total value locked in DeFi smart contracts has grown to $80 billion from $8 billion in one year. In traditional finance, there's always an intermediary. If an entity acts fraudulently, it is possible to prosecute them. There are also the regulators enforcing risk...
Decentralized Lending And Borrowing Is Gaining Traction – What You Need To Know
One of such explored ways is the DeFi sector. With loads of enthusiasm yielded effectively in the market, DeFi has continued thriving ahead and drawn in a significant capital sum since 2020. As indicated by DeFi-Pulse, the Total Value Locked (TVL) in DeFi programs is...
Bitcoin Defi Projects – What Are They? How Do They Work?
Since the 2008 economic crisis and with that, a perfect scenario was created for the birth of Bitcoin, not only as a currency, but as a new financial paradigm. People need alternatives to deal with collapsing financial systems and protect their reserves from value erosion,...
The Rise Of Defi And The Big Trends In Decentralization
If you are still trying to understand all the new trends in the decentralized market, keep reading this text because we will explain everything! The Rise of DeFiThe DeFi is a part of a new segment of the crypto market, and these initials means “decentralized...
Blockster To Cover Gulf Blockchain Week 2021, Its Partner Conference
Gulf Blockchain Week focuses on expanding the global blockchain community and powering the wide adoption of crypto and blockchain technologies. As 2021 comes to an end, and the tech industry and the world economy begin their recovery and deal with the aftermath of the COVID-19...
Us Sec Launches Investigation Into Uniswap Labs
Though the exact details of the probe remain unknown, the Wall Street Journal reported that the U.S. top watchdog is seeking further information on how the Uniswap exchange is marketing its offering and how investors use it. The SEC also wants Uniswap Labs, the developer...
Algorand Vs Cosmos – Which Is Best For Earning Yield?
Yield earning is when you stake or lend cryptocurrencies for generating more returns and rewards, which are usually paid in the form of cryptocurrencies. Two popular blockchain platforms that are used for earning yield are Algorand and Cosmos. Each of these blockchains comes with a...
Blockster Partners With CoinAgenda To Host Popular Conference Series
Connecting crypto and blockchain investors with the best startups within the industry since 2014, CoinAgenda hosts the following conferences this year in collaboration with Blockster and its other partners. Check out all of the CoinAgenda partners here. CoinAgenda Europe: In Monaco, between September 27-29, 2021...