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Right before us, the DeFi ecosystem has had impressive growth, and to know how huge this growth has been, one only has to cast sights at how impressively the total value locked (TVL) in DeFi has grown in the past year. As of February 2020,…
One of the main perks the use of cryptocurrencies offers its users is the security of transactions. While a lot of people have joined the Bitcoin train because of this reason, there are also bad actors in this crowd who see Bitcoin and indeed cryptocurrencies…
The past two months in the Crypto space have been very eventful. It almost looks like we wake up to new developments every day. While they are not all good news, there has been a couple of developments during this period that has helped to…
In the latest among a string of recent bans and warnings against Cryptocurrency exchange giants Binance, the UK top financial regulator, the Financial Conduct Authority (FCA) has banned the exchange from operating in the UK. Crypto traders in the United Kingdom can however continue using…
Despite the numerous media reports going round that Binance is incorporated in the Cayman Islands, the Cayman Islands Monetary Authority (CIMA) has said that Binance is not licensed by the regulator to operate a Cryptocurrency exchange business within or from the Western Caribbean Islands. CIMA…
A whopping $69m! That is what Beeple, an American digital artist sold a Collage of artworks called “Everydays: The First 5,000 Days” on March 11, 2021. This figure made Beeple’s work the most expensive NFT token to ever be purchased. Now, if you’ve not already…
Shermin Voshmgir, founder of BlockchainHub in Berlin and the author of the book Token Economy states that “The Web 3.0 changes the data structures in the backend of the Internet, introducing a universal state layer, often by incentivizing network actors with a token”. In the…
Since the advent of blockchain technology and Bitcoin over 10 years ago, the crypto space has seen exponential growth and the potential for even more growth is immense. The size of the global blockchain market is expected to grow from $3billion in 2020 to $39.7billion…
The Crypto market can be very rewarding and also very brutal for retail investors and traders. This is what is meant when the word “volatility” is used in regards to the industry. For context, the volatility of the gold asset is around 1.2%, and other…
El Salvador last week made crypto history as it became the first country to officially adopt Bitcoin as a legal tender. In a move that has sent Bitcoin supporters into a delightful frenzy, 62 out of 84 lawmakers voted to create a law that adopts…