Before DeFi, traditional finance (TradFi) institutions took deposits from ordinary individuals and lent them to those who could leverage them for economic initiatives that could unlock more profit-earning opportunities. Part of the wealth generated from this process was distributed...
A recent survey by Coinbase revealed that 20% of adults residing in the U.S. own cryptocurrencies, a significant statistic by any measure. In March 2022, President Joe Biden issued an executive order regarding digital assets, directing federal agencies to...
Blockchain technology was not designed to function in isolation from the larger economy. While cryptocurrencies have disrupted traditional finance, supply chain logistics, and several other industries in many ways, the potential use cases for blockchain would be severely limited...
In 2021, the musician 3LAU earned nearly $12 million in just one day by selling his first NFT album to fans. During the same year, artist Don Diablo sold an NFT of his concert for $1.2 million. These earnings...
The rise of the decentralized web often referred to as Web3, has made a big impact on different industries and how we use digital services. Web3 aims to give individuals more control by creating decentralized platforms that remove the...
Cryptocurrencies have undeniably revolutionized the world of finance, offering a decentralized alternative to traditional banking systems. However, the notion of decentralization doesn't necessarily equate to immunity from manipulation. In fact, judging from the current climate, it's quite the opposite....
The current infrastructure for electric vehicle (EV) charging stations can't handle the rising number of EVs on the road. There's no consistency in how customers are charged or how they pay at different stations. Right now, only charging station...
According to research by Bitcoinist, only 8% of the 80,000+ crypto projects in existence manage to succeed. On average, most blockchain projects survive for just about 1.22 years. So, when we want to measure how well a blockchain project...
Stablecoins have become increasingly popular over the past few years, offering a solution to the unpredictability and volatility of the cryptocurrency market. The surge in popularity of stablecoins was further accelerated by the collapse of Terra's algorithmic stablecoin, called...
You probably know blockchain as the technology behind cryptocurrencies and applications such as DeFi exchanges and NFT marketplaces. But it has more uses than you might think. According to a report by Blockdata, 44% of mega-corporations that provide the...
