What You Need to Know About The DeFi Landscape?
DEXs could be a potential threat to Centralize Exchange having already eclipsed 5% of total crypto volume. Some of their main limitations still remain their intimidating and confusing interfaces, the lack of customer support and recent record gas fees among other aspects.
Ethereum 2.0: Explanation & Assessment – 2021 Update
This last quarter of 2020 has seen large market gains alongside both excitement and criticism of the Ethereum platform. The first phase of the 2.0 update has been successfully implemented and an increased throughput is expected to solve historic problems of scalability and cost. However, some critics hold valid concerns and there are still several challenges to overcome on...
Beam : a formal approach for privacy coins
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Summary Market Capitalization: USD 56'970 Mio. Coin Market Cap Ranking: #116 Validation: Proof of Work Algorithm: Equihash (modified, forked every 6 months to counter ASICs) Risk: Crowded field (Zcash, Monero, Grin,
Bitcoin second layer solutions for privacy)No...
Binance hacked in a coordinated attack: $40 million stolen
Binance has been hacked in a coordinated attack. It resulted in $40 million worth of Bitcoin stolen. The famous crypto-exchange suffered a major security breach for the first time making a lot of noise and lifting quite an important controversy. It recently confirmed that it suffered a large scale hack in which 7,000 BTC ( ̴ $40 million and...
What is Libra
Libra, let’s get started: Technology has improved the world around us, it is easy to send text, pictures and documents but why not money?What if we make the money truly global, stable, and secure. What if everyone was invited to the Global economy with access to the same financial opportunities.This thought laid a pavement for Introducing LIBRA a new global currency designed for the digital world, backed...
CEO of Lazard: cryptocurrency could replace the dollar
Ken Jacobs, CEO of Lazard, recently gave an interview at Bloomberg. Lazard director - a leading investment and asset management financial group with nearly 250 billion assets - was asked about the risks and opportunities of the USA. He shared his vision on the current and upcoming situation. The only risk is the economic overheating, initially, which remains highly unlikely as...
Libra – or how Facebook plans to empower billions of people
Libra is in the spotlight. Everyone is talking and speculating about it. Do we even know what it entails? Are we ready for such financial and societal change? Ca-Libra Financial exclusion is still significantly high worldwide. The World Bank highlights in Financial Inclusion on the Rise, But Gaps Remain, Global Findex Database Shows a research paper from 2018, that approximately...
What you need to know about Bitcoin’s awakening
The above references an opinion on Bitcoin upcoming awakening and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Either you look at short-term data or long-term fundamentals, Bitcoin (BTC) is going to appreciate massively in the coming years. And yes, as you may have guessed it...
What is Kusama? A Review and Short Analysis
Kusama core mission is to test the interoperability and scalability of functionalities and to organize these solutions into a network of parachains -or parallel chains.