Inflation is one of the most troubling economic phenomena, especially for countries like the United States, which has the world's highest inflation rate. For the fiscal year that ended in June 2022, the annual inflation rate in the United...
Decentralized finance (DeFi) has evolved into a multibillion-dollar industry that is remarkably disrupting finance systems across the globe. One of the factors contributing to DeFi's phenomenal growth is the introduction of decentralization into the financial sector. Traditional finance (TradFi)...
The popularity and mass adoption of cryptocurrencies have skyrocketed over the past few years. Chainalysis's 2021 Global Crypto Adoption Index shows that the number of people using cryptocurrencies around the world increased by more than nine times in the...
Regular cryptocurrencies are not entirely anonymous because blockchain transactions are recorded on a public ledger that anyone can access. While such a system has advantages, users' privacy and anonymity are compromised, and it becomes easier to link a person's...
The widespread use of cryptocurrencies skyrocketed in 2021. As a result, non-fungible tokens (NFTs), decentralized finance (DeFi), and Bitcoin (BTC) reached new all-time highs and became more popular. The market capitalization of the crypto industry was also over $2...
Web3 embraces the concept of decentralization, meaning users, rather than a few mega-corporations, should develop, use, and own valuable resources on the internet Unlike the traditional web (Web2), which places power in the hands of corporations, Web3 puts power...
Ethereum is famed as "the blockchain" for smart contracts and decentralized apps (dApps). Often utilized as the foundation for several high-power DeFi and NFT projects, it is safe to say that Ethereum has had a massive influence on the...
Web3 is changing the way things are done in various industries, particularly in terms of business models and the system of data collection and usage. Various organizations are researching ways to incorporate this innovative technology into their business model...
Every gamer has the ambition of making money while playing video games, but in the traditional sector, only professionals can do so. The fast-paced world of blockchain and cryptocurrencies, on the other hand, never seems to back down from...
The crypto space rose to prominence for numerous reasons, one of which was the element of anonymity. Because cryptocurrencies provide some level of anonymity, many people prefer to use them to make payments, send funds, and conduct other transactions. ...
