The month of August is proving to be rather successful for Algorand. After experiencing a sharp drop due to the global pandemic during March this year, ALGO token value shot up sharply this month, touching $0.7 mark – the highest over a year. Though it came down a bit, ALGO price increased from $0.53...
DeFi yield farming has become overwhelmingly popular in the blockchain space with investors chasing after projects with high returns. Developers and finance experts on the other hand have responded by continuously launching new projects to meet the rising demand. Still the market feels underserved with the total value of funds locked in DeFi projects standing...
Connecting multiple crypto exchanges over their respective APIs through a single dashboard, Upbots aims to be a one-stop shop solution for both amateur and professional traders. Having recently announced two major DeFi partnerships, the trading platform is making its first steps into crypto’s fastest-growing sector. Time to take a deep look at the platform’s...
Ever since the broad public became aware of cryptocurrencies, everyone was looking to figure out how to best take advantage of it. Online gambling quickly saw the potential crypto had. Having a peer-to-peer transaction where no bank gets involved? That is as close to the gambler’s dream as you can get. Thus, crypto casinos were...
The Internet of Things Application (IOTA) is a distributed ledger that was developed to record and execute transactions between different machines in the IOTA ecosystem. Developers of IOTA had the vision of addressing transaction charges and scalability problems within the blockchain through removing the block and chain. In the near future, IOTA will facilitate easy...
What is Chainlink – A small description of the Chainlink ecosystem Chainlink is a decentralized blockchain oracle service that acts as middleware that seeks to link smart contracts across the blockchain. The platform enables smart contracts to access off-chain resources such as data feeds, web APIs, and traditional bank account payments. The Oracle service is...
Being a trader in the cryptocurrency market is a challenging but rewarding endeavour, especially if you are a beginner. One way to achieve consistent returns whilst day trading cryptocurrency is to plan. More specifically, it’s a good idea to have trading strategies in place to follow. This will bring structure to your trading set-up that...
Image Credit Recent media reports suggest that Cole Diamond, CEO of Canadian crypto exchange Coinsquare, has been accused of executing unethical methods to draw investors’ attention. The company tried to inflate the value their investors put in by using a technique known as “wash trading.” Wash trading is not a new term. It was first...
PayPal has been a forefront for lots of cryptocurrency traders when it comes to withdrawing money from their trading platforms. However, never has it before supported the actual bitcoin deposits on their accounts. This can shift the market for the worst or the best depending on the outlook of a person, however, most probably...
Not too long ago, the financial industry was completely revolved around sovereign currencies, physical money, and tangible assets. However, along with the development of digital technologies, this sector started going through a major transformation. What we see today is a completely different industry that took decades of advancements to be shaped. The key role in...