What Is Chainlink and Why Is It Important in the World of Cryptocurrency? By Bob Haegele – GOBankingRates Blockchain has seen a staggering rise in popularity since Bitcoin, the first cryptocurrency, launched in 2010. Blockchain has a number of advantages, including decentralization and security. The demand for a decentralized currency has catapulted Bitcoin and other cryptocurrencies to worldwide popularity. But…
What Is a Decentralized Exchange (DEX)ï¼ By Annie Li – Blockchain.News A DEX, or decentralized exchange, is a blockchain-based exchange that allows traders to directly exchange encrypted tokens with each other. It does not store user funds and personal data on the server but performs all operations through smart contracts on the blockchain, which is different from traditional centralized exchanges…
4 Common Cryptocurrency Scams By Ben Hartwig – Blockchain.News Wherever there is a new financial product or industry trend, you can be sure that there are scammers out there waiting to try and take advantage. Cryptocurrency has exploded in recent years, and for this reason, you need to be really careful when you are involved in the industry and buying and…
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A nightmare on Stable Street: Centralized stablecoins may be doomed By ARTEM TOLKACHEV – COINTELEGRAPH Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution. Over the last couple of years, we have seen a lot of interest from central banks and governments in the stablecoin market. The reason behind it…
Cardano Foundation Launches Native Token Registry For On-Chain Identifiers By Amara Khatri – CryptoDaily The Cardano Foundation has launched the Cardano Token Registry. The team made the announcement via Twitter: “We are delighted to reveal the #Cardano Token Registry for #On-chain Identifiers. This is one of the first and most important steps in formalizing and supporting our growing ecosystem.” Cardano applied…
Bitfarms Is Bringing Hydroelectric Bitcoin Mining to Argentina The eight-year contract will generate revenues of $650 million at Bitcoin’s current price. By Mathew Di Salvo In brief Bitcoin mining operation Bitfarms is setting up shop in Argentina. The Canadian company chose the Latin American country in part due to a favorable climate. Bitfarms hopes to generate mining revenues of over…
6 Ways to Avoid Losing Your Funds to DeFi Scams in 2021 By George Georgiev – CryptoPotato With the DeFi industry growing in popularity, scams are becoming more and more dangerous. Here are 6 ways to avoid losing money to them. The DeFi industry is booming, and there are no two ways around it. Ever since the summer of 2020, dubbed by…
Chainlink 2.0: A Plan to Turn DeFi into a $500 Billion Industry By Adriana Hamacher – Decrypt Chainlink’s whitepaper summarizes three years of progress and outlines what’s in store for the decentralized oracle provider. Published today, Chainlink’s new whitepaper reveals the startup’s plans for a "big leap forward" in the evolution of the hybrid smart contracts that co-founder Sergey Nazarov is convinced will…
One of Europe’s largest investment banks issues security token on Tezos By OSATO AVAN-NOMAYO – COINTELEGRAPH Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network. European financial behemoth Société Générale has issued a security token on the Tezos blockchain. According to an announcement on Thursday, the move constitutes the first tokenized asset offered…
