Day: 4 August 2021

Introduction The DeFi space has grown immensely in the past few years. The growth of DeFi has led to the launch of many DeFi protocols offering different financial services like lending/borrowing, derivatives, and payments.  While lending platforms like Maker are the ones that started it all, the one category in ...

Binance Chain and Binance Smart Chain are different blockchains belonging to the same ecosystem. Binance Coin (BNB) is the native token of the Binance ecosystem.  Binance Chain was an earlier version that was fraught with issues that undermined the growth of the ecosystem. It sacrificed some crucial elements to achieve ...

Introduction The story of Dogecoin is nothing short of remarkable. What started as a sheer joke and a fun project has now transformed into a digital asset with a market capitalization exceeding a staggering $10 billion. Who would have thought something born out of humour could turn into such a ...

The blockchain world, especially the decentralized financial realm, needs data to operate effectively, and that is why Chainlink was created. Chainlink is a decentralized oracle protocol that offers real-world data to smart contracts on the blockchain. Many DeFi ecosystems depend on the oracle network that Chainlink offers to function in ...

After spending most of Friday in the negatives, a late-night spike saw the price of Bitcoin break the $42,000 resistance. This is the highest the price has gone since mid-May, 2021. Crypto Map; Source: Coin360 However, this rapid momentum is being trailed by bearish movements, giving fears that a retracement ...

A source within Amazon whose identity has been masked has reportedly told City A.M, a London business newspaper that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021. There is a possibility this move will set a broader platform for cryptocurrency payments. Speaking to the ...

Regulators in Malaysia have also come after popular cryptocurrency exchange Binance, giving them a 14-day ultimatum to exit the country. The authorities banned the operation of Binance in the country, totally. Binance, recently, has faced crackdowns by regulators in different countries, including the United Kingdom, Germany, Italy, and China. Malaysia ...

Binance’s NFT marketplace has announced a partnership with the State Hermitage Museum to issue tokens that represent the works of renowned artists including Leonardo da Vinci and Vincent van Gogh. In its July 27 blog post, Binance disclosed its partnership with the Saint Petersburg-based museum will see the creation and ...