Category Archive: Cryptocurrency, No picture
Can Terra’s UST Stablecoin Hold Its Peg?
Key Takeaways UST is an algorithmic stablecoin on Terra. It’s pegged to the value of the U.S dollar. Because UST is unbacked, it can potentially de-peg from the dollar during periods of extreme market volatility. Issues with UST demand and reduced involvement from UST creator Terraform Labs could threaten the stablecoin’s peg in the future. […]
Beginner’s Guide: How to Become Eligible for Token Airdrops
Key Takeaways Crypto projects often distribute tokens to dedicated users through airdrops. Token airdrops have different eligibility requirements. Researching new protocols and becoming active in DeFi, NFTs, and across various Layer 1 ecosystems is the best way to qualify for airdrops. Crypto Briefing shares a list of tips and tricks for airdrop seekers. Understanding Airdrops […]
Opinion: How to Kill Your NFT Project, Larva Labs Edition
Key Takeaways Larva Labs is the creator of the iconic CryptoPunks NFT collection. The design studio also launched a collection called Meebits last year, banking $80 million in a day. Larva Labs has taken a hard stance against CryptoPunks copycats and recently taken controversial action against V1 Punks born out of the original CryptoPunks smart […]
The Top Five NFT Marketplace Alternatives to OpenSea
Key Takeaways OpenSea has become the home of NFT trading, but its various problems are leading users to seek out alternatives. LooksRare caused a storm when it launched with a token for active OpenSea traders last month. Coinbase NFT should also have a major impact on the space once it launches this year. OpenSea became […]
NFT Project Spotlight: Alethea AI, the Intelligent Train-to-Earn NFT Hub
Key Takeaways Alethea AI has created the world’s first intelligent NFTs. The project uses AI to bring NFT avatars to life. Owners can train their NFTs to earn rewards and participate in Alethea’s pioneering “train-to-earn” economy. Alethea AI is pioneering intelligent NFTs. Crypto Briefing sat down with the project’s CEO Arif Khan to learn about […]
Beginner’s Guide: How to Safeguard Your NFT Collection
Key Takeaways The NFT space has attracted many scammers and hackers as it has grown. Collectors should consider using hardware wallets to store valuable NFTs. Active NFT users should also exercise caution to avoid phishing attacks. Crypto Briefing shares a list of operational security best practices for safeguarding your NFTs. Security Tips For NFT Collectors […]
Opinion: Why Won’t Wikipedia Classify NFTs as Art?
Key Takeaways Wikipedia editors have removed NFT art by Pak from the site’s list of most expensive artworks by living artists. Editors state that they made the change because the work was sold fractionally and because of a lack of secondary sources. The decision has caused uproar in the NFT community with many prominent figures […]
A Beginner’s Guide to Fantom’s DeFi Ecosystem
Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including several decentralized exchanges and yield farming protocols. DeFi on Fantom looks set to continue growing, with several highly-anticipated launches on the horizon. Fantom is a Layer 1, Proof-of-Stake network with […]
How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022
Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital gains tax and income taxes are applied differently based on the nature of crypto transactions. Crypto Briefing brings you a comprehensive guide on calculating cryptocurrency tax liabilities for 2022. The Crypto Tax […]
DeFi Project Spotlight: Dopex, the Options Exchange Built for Simplicity
Key Takeaways Dopex is a decentralized options exchange that uses option pools to let anyone buy or sell options in a capital efficient and simplified manner. Its flagship product is Single Staking Option Vaults, which provide deep liquidity for option buyers and automated, passive income for option sellers. Dopex’s options contracts are ERC-20 tokens, meaning […]
