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The Onset of DeFi in the Gaming Industry
The open, permissionless, seamless decentralized system built on blockchains like Bitcoin and Ethereum — we are talking about the DeFi universe here. The DeFi industry has been growing swiftly over the past few years and has piqued the interest of investors and technologists globally. The Binance Academy defines DeFi as the “movement that promotes the use of decentralized networks and open-source software to create multiple types of financial services and products.” Read More
Know About Bitcoin’s New Upgrade - Taproot
The crypto market is witnessing a massive correction over the past few months. This mainly comes after China banned the mining and trading of cryptocurrencies in the country. Traders and investors have been struggling for a while now, with Bitcoin hitting as low at $29,000. However, this is probably one of the best times to invest in the crypto space, especially after the news of Bitcoin receiving its first upgrade in four years. That’s right!! Bitcoin's Taproot upgrade, the crypto asset's first upgrade in four years, was just accepted by miners all over the world.
The majority of stakeholders agreed on the upgrade. Moreover, many experts believe it could be a watershed moment for the world's largest cryptocurrency, given the overwhelming support from miners in accepting and implementing it. The Taproot upgrade is scheduled to go live in November 2021. Read More
Argo Blockchain mines the crypto vein
Argo is a publicly traded blockchain technology company focused on large-scale cryptocurrency mining.
Headquartered in London, England, Argo is the only cryptocurrency mining company listed on the London Stock Exchange.
Its energy-efficient, powerful mining operations are strategically located throughout North America. Read More
Google running crypto ads again as new policy goes into effect
Under Google’s new policy, which went into effect on Aug. 3, advertisers offering cryptocurrency exchange and wallet services are once again allowed to market their products.
The multinational giant banned crypto- and initial coin offering-related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left out in the cold, however.
Google’s crypto ad policy revision was first outlined in June and stipulates that “advertisers offering cryptocurrency exchanges and wallets” targeting United States consumers are allowed to advertise their services and products if they meet specific requirements. Read More
NFTs May Seem Like Frivolous Fads. They Should Be the Future of Music
The wild boom and bust of art NFTs made many onlookers wary of blockchain-based technology — but new developments in gaming, ticketing, and music royalties reveal NFTs’ true power
If you buy an NFT that holds a contract for partial rights to a song, for example, you can grab streaming royalties for as long as you own the NFT and you’re quite literally getting richer as the minutes pass. And if you buy an NFT that holds a concert ticket, you’re trading currency for an experience that would have a price tag on it whether or not it was tracked on a blockchain. Video game applications also show promise: If you buy an NFT that equips your favorite character with some special skill, you’re getting richer in the metaverse. Read More
Binance to bring Bitcoin payments to Shopify via new partnership
Binance Pay users will be able to pay across merchants of Alchemy Pay’s partners, including e-commerce giant Shopify and software technology firm Arcadier.
The company announced Tuesday a partnership with crypto-fiat hybrid payment platform Alchemy Pay to enable peer-to-peer (P2P) crypto payments at over 2 million global merchants through its payments application Binance Pay. Read More
Decentralization Empowering People
We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other. Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.
It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives.
NBA Top Shot to Sell NFTs In-Person at Summer League Games
Dapper Labs CEO Roham Gharegozlou shares new details about the crypto-collectibles platform’s roadmap ahead.
Exclusive NBA Top Shot moments will be sold at NBA Summer League games in Las Vegas next week.
Fans can pre-order the NFTs from a Top Shot kiosk at the arena, and then they will be delivered to their respective accounts once created. Read More
Ethereum Addresses Using DeFi Rose 65% Last Quarter
The boom corresponded with an increased supply of stablecoins.
The second quarter of 2021 was the biggest one yet for decentralized finance (DeFi) protocols on the Ethereum network.
From April through June, the number of Ethereum addresses increased 10%, according to the ConsenSys Q2 2021 DeFi Report released today, while the number of addresses that used a DeFi protocol expanded by 65%.
DeFi is the catchall term for blockchain-based protocols that remove banks and other intermediaries from financial transactions. With DeFi, sellers can swap tokens directly with buyers, holders can earn crypto for depositing funds, traders can take out loans, and speculators can make bets on price movements. Read More
Ethereum's Hope No. 1559: What It Does and What It Doesn't Do
There are some things that grab the attention of the Cryptoverse for months on end, whether they deserve to or not. One thing that will bring an important change to Ethereum (ETH), and which has been a topic of discussion since last year, is the highly anticipated Ethereum Improvement Proposal, or EIP, 1559.
With EIP-1559 fast approaching, it's a good time to remind ourselves what it is, what it will do - but also what it will not do, despite what some of the ETH fans are claiming. Read More
AI Takes Trading to The Next Level
Traders all over the globe have had their experiences using all different ways of trading. AI-driven trading systems and the popular algorithmic trading method are something to talk about. Apart from tons of differences, the most significant ones you will notice are the way how both of these systems work.
Algorithmic trading is a method of executing orders using pre-programmed trading instructions. While machine learning systems work independently by thinking and behaving just like any other trader and advising itself to be more efficient over time, by also allowing a trader to understand what made the AI enter and exit the trade. Read More
Privacy-Consensus Coin Zcash Could Move to Proof-of-Stake (PoS)
Zcash could soon move from Proof-of-Work (PoW) to Proof-of-Stake (PoS).
PoS will help Zcash become energy efficient, improve in security, and decentralization. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
