Binance is arguably the largest crypto exchange worldwide by volume and number of users. Therefore, BSC has a lot of potential for bridging the gap between many blockchains with a multi-functional, highly dynamic, cross-compatible ecosystem.
The decentralized finance (DeFi) project must adopt a solid blockchain protocol that provides a stable, inexpensive, fast, and user-friendly platform in order to construct decentralized apps (dApps). Binance Smart Chain (BSC) has proven to be one of the top blockchains for decentralized finance and DApp development since its inception in September 2020.
In this content, we will run through some of the primary benefits and…
So far this year, non-fungible tokens (NFTs) appear to have exploded from the ether. These digital assets, from art and music to tacos and toilet paper, are selling like 17th-century exotic Dutch tulips, with some fetching millions of dollars.
Are NFTs, on the other hand, worth the money — or the hype? Some analysts believe they, like the dotcom craze and Beanie Babies, are about to burst. Others feel that NFTs are here to stay and will forever revolutionize investment.
What Is an NFT?
A digital asset that depicts real-world objects such as art, music, in-game items, and films is…
A major crypto market crash that wiped away hundreds of billions of dollars revived fears that bitcoin and its competitors could lose all of their gains in 2021. However, one famous cryptocurrency not only remained unscathed by the volatility, but also soared to new record highs. The coin is Solana.
What is Solana (SOL)?
Solana is an open-source project that creates decentralized finance (DeFi) solutions by utilizing the permissionless nature of blockchain technology. While the project’s concept and initial development began in 2017, the Solana Foundation in Geneva, Switzerland, officially launched it in March 2020.
The Solana protocol aims to…
The 7-week bullish run of the crypto market certainly took a different turn on September 7th. After recovering around 77 percent since the bottom in July, the price fell considerably to its worst weekly tally since July. Bitcoin surpassed the $50,000 mark before reversing its course on September 7, falling to $45,000 as at the time of writing.
Besides Bitcoin, many other cryptocurrencies followed suit and took a major hit. Last week saw promising signs for some of these coins however when Bitcoin fell, their prices were influenced. …
The DeFi (Decentralized Finance) sector sees a lot of competition. However, Bitcoin was the world’s first programmable currency, several projects aimed to make blockchain assets even easier to program. The first was Ethereum, which aimed to make it easier for developers to create decentralized blockchain-based apps.
This helped people looking for loans or higher returns to avoid banks and institutions that charged high fees and demanded confirmation of identity. Individuals can now utilize DeFi to establish a unit of account, a means of trade, loans, and more without requiring or obtaining third-party consent.
BSC is one of the most prominent…
Investments are always dangerous, but some experts believe Cryptocurrency is one of the riskier options available. Digital currencies, on the other hand, are among the hottest commodities.
Despite the inherent dangers, the crypto market and the blockchain sector continue to expand. Unsurprisingly, investors are increasingly able to obtain institutional-grade custody services as much-needed financial infrastructure is being constructed. Professional and individual investors are gradually gaining access to the tools they need to manage and protect their cryptocurrency holdings.
Inter Milan, the reigning Italian soccer champion, have partnered with blockchain startup Zytara Labs. Inter will be able to develop digital collectibles…
A little history on the Binance Smart Chain. Since its launch in September 2020, it has grown at a quick pace. The purpose of this launch was to create a high-throughput blockchain that could be used in conjunction with Binance Chain. The Binance Smart Chain was created to help DeFi applications succeed. It has accomplished a lot in just three months since its formal introduction. It’s worth emphasizing that this new blockchain comes with a full development environment for high-performance decentralized applications.
It’s also a type of blockchain that gives Binance Chain interoperability and programmability. It enables developers to…
It has been a pleasant past weeks for most cryptocurrencies in the crypto summer market as the frenzy progresses. Many coins realized new highs, with Bitcoin breaking over the $50,000 resistance which it has tested on several occasions.
However, it hasn’t been the case for Fanspel, which has seen a 16% drop in its price on a 7-day rolling basis in the weekly chart. Fanspel have been struggling for some weeks now, striving to break its initial target at $0.3. If it can break through that resistance, it may attract more buying interest, pushing the price even higher.
Despite only having a small presence in the iGaming industry, the Bitcoin betting industry provides a unique internet wagering environment.
Bitcoin gambling sites are driving this industry, and their number is growing at an exponential rate as more people adopt cryptocurrency. Also included in this section are Bitcoin poker rooms and Bitcoin dice sites, both of which are well-liked by the online gambling community. Aside from these, bettors can get their fill of excitement and money by wagering on Bitcoin games, lotteries, bingo, and other games.
Despite the fact that Bitcoin Asia gambling only accounts for a small portion of…
NFT fans have been rediscovering some of the first non-fungible tokens as a result of the boom, driving the value of these crypto collectibles to previously unheard-of heights.
CryptoPunks, a series of randomly generated pixel-based avatars, is one of the early NFT initiatives. Millions of dollars have been paid for some of the most valuable CryptoPunks. Seriously! Here’s everything you need to know about one of the most well-known NFT collections.
What are CryptoPunks?
CryptoPunks are images with a resolution of 2424 pixels that are considered art. In addition, these are largely punk-looking guys and females, with a few unusual…