Category Archive: Cryptocurrency, No picture

DeFi Project Spotlight: Abracadabra.Money, DeFi’s Magic Money Spell Book

DeFi Project Spotlight: Abracadabra.Money, DeFi’s Magic Money Spell Book

Key Takeaways Abracadabra.Money is a lending protocol that lets users deposit interest-bearing assets to mint a multi-chain stablecoin called Magic Internet Money. Its lending engine allows for leveraged yield farming by unlocking stranded capital to turn what would’ve otherwise been illiquid assets liquid. The fully-collateralized and decentralized stablecoin MIM can be found on all decentralized […]
Beginner’s Guide: Perpetual Trading on dYdX

Beginner’s Guide: Perpetual Trading on dYdX

Key Takeaways dYdX is a decentralized exchange built on Ethereum. It’s powered by the Layer 2 solution StarkWare. dYdX allows perpetual trading on a wide variety of crypto assets. Our guide details how to open a long position, set limit orders, and place stop losses. This Exchange News was brought to you by OKCoin, our […]
Five Play-to-Earn Crypto Games to Look Out For

Five Play-to-Earn Crypto Games to Look Out For

Key Takeaways NFT-powered play-to-earn games have quickly risen to become the fastest-growing sector of the crypto economy. The play-to-earn model has stolen the spotlight from traditional games because of the built-in incentives that shift power from game publishers and toward players. With more than 3.2 billion gamers around the world, blockchain games are set to […]
Beginner’s Guide: Getting Started With Solana

Beginner’s Guide: Getting Started With Solana

Key Takeaways While Solana is still early in its development, it already has a lot to offer users. Wallets like Phantom and Solflare make it easy to interact with the network. Solana’s central limit order book Serum provides one of the best decentralized trading experiences. Launched in March 2020, Solana aims to address the scalability […]
A Beginner’s Guide to Terra’s DeFi Ecosystem

A Beginner’s Guide to Terra’s DeFi Ecosystem

Key Takeaways Terra is a programmable blockchain and payments-based financial ecosystem with a unique suite of DeFi protocols. Terra is interoperable with some of the biggest blockchain ecosystems in crypto. It also connects with Ethereum via cross-chain bridges. The total value locked across DeFi protocols on Terra is more than $8.65 billion today. Terra is […]
DeFi Project Spotlight: Orion Money, the Cross-Chain Stablecoin Bank

DeFi Project Spotlight: Orion Money, the Cross-Chain Stablecoin Bank

Key Takeaways Orion Money is a suite of cross-chain DeFi products providing seamless stablecoin saving, lending, and spending. It leverages Anchor Protocol on Terra to provide a high stable yield across multiple stablecoins and blockchains. The ORION token unlocks governance for the protocol and establishes a revenue share mechanism for Orion Money’s users. This news […]
Exploring the Biggest DeFi Opportunities on Solana

Exploring the Biggest DeFi Opportunities on Solana

Key Takeaways Solana’s DeFi ecosystem is growing rapidly. Several high-quality projects are vying to become the network’s blue chips. By using these protocols early, users can get in on the ground floor before the ecosystem develops. Following Solana’s meteoric price rise, the smart contract platform’s DeFi ecosystem has exploded. With so many new projects establishing […]
What Is Avalanche? The Layer 1 Blockchain’s Ecosystem Unpacked

What Is Avalanche? The Layer 1 Blockchain’s Ecosystem Unpacked

Key Takeaways Avalanche is a Layer 1 blockchain that achieves high throughput and offers compatibility with the Ethereum Virtual Machine. Network activity has soared in recent months, particularly in the DeFi space. Avalanche’s EVM compatibility lets developers seamlessly port decentralized applications over from Ethereum.  This news was brought to you by ANKR, our preferred DeFi […]
What Is Terra? The Blockchain for Stablecoins Explained

What Is Terra? The Blockchain for Stablecoins Explained

Key Takeaways Terra is a Layer 1 blockchain and a payments-focused financial ecosystem powered by scalable algorithmic stablecoins. Its native token, LUNA, is the world’s 11th largest cryptocurrency, with a market capitalization of $15.6 billion. Its UST stablecoin has risen to become the fifth largest stablecoin on the market in less than a year. Terra […]
OpenSea Employee Found Insider NFT Trading

OpenSea Employee Found Insider NFT Trading

Key Takeaways Nate Chastain, Head of Product at OpenSea, has come under fire for insider trading of NFTs promoted by the platform. On-chain data suggests that Chastain used insider information to trade NFTs when they were promoted and return the profits to his public wallet. OpenSea has published a blog post that appears to confirm […]