The Terra LUNA ‘stablecoin’ crash was the biggest drop in crypto history for a single coin. Not long ago, the coin was worth $119.18 USD per token. Now? At the time of writing this, the price per token is a dismal $0.0002111 per token, rounding the coin to a 100% loss. In spite of this, […]
The Terra and UST aftermath Read More »
Privacy tokens are used for anonymous transactions. The basis of an anonymous transaction is ensuring that a) wallets cannot be linked to personal information, and b) the transaction details are scrambled and untraceable. How is this done? The network obscures token transfers from end-to-end. Orders are then fulfilled and validated by anonymous miners. By leveraging modern cryptic privacy techniques
Privacy tokens: what they are and how they’re used Read More »
The crypto market has been a bloodbath over the last two days. Bitcoin dropped down to levels sub-30K, an 11% drop from its 38-39K stance, which it had been trading sideways at since March. More shockingly, however, the Terra algorithmic stablecoins UST (pegged to the US dollar) and counterpart LUNA, both plunged when the crypto
Market crash and Terras undercollateralization Read More »
This past weekend Formula 1 came to America’s crypto hub of Miami, for the first-ever Miami Grand Prix, and along with it all of the event’s crypto sponsorships. With a major emphasis on globalization in the crypto space, it’s fitting that a global, technology driven sport such as F1, would have major sponsorships from crypto companies. If you
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Trust Wallet is one of the most secure and easy to use decentralized wallets in crypto. Here’s how to activate and navigate moving from a centralized exchange to your first decentralized wallet. Wallet set-up First, download the Trust Wallet app from the app store. Once downloaded, tap the option labelled “Create a new wallet.” You’ll
How to get started with Trust Wallet a step-by-step guide Read More »
Decentralized social networks are a relatively new idea. Conceptually, they highlight many underlying issues with the current way social media is built, and provide solutions to create an environment that benefits the user primarily. The issues with the current state of social media Centralized social media has several major issues. The first is censorship, such as
Is decentralized social media the future? Read More »
The Paradox Metaverse is a relatively new project. Publicly released in mid-February this year with little detail about it, the project has slowly unraveled itself, revealing a far more competitive multi-dimensional game than its quiet release hinted at. What it features This is a metaverse game that is to play, unlike most metaverse worlds that require the
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Crypto futures can be described as a peer-to-peer contract between a pair of investors betting on the price of a cryptocurrency. Similarly to both stocks or commodities, futures in the crypto space allow investors to bet on the price trajectory of a cryptocurrency or pool of cryptocurrencies. The contract of the underlying asset is a derivative
On the 16th April 2022, the NFT project Moonbirds was launched. An NFT project created by a group called “Proof Collective”, consisting of Web2 Silicon Valley venture capitalists. These venture capitalists showed a glimpse of the force that is institutional money, running up the relatively unknown Moonbirds NFT drop to a historical 110K ETH in
Silicon Valley VC’s take their first opportunity to enter crypto Read More »
Inside the world of crypto where there is no bank or institutional oversight, users are responsible for the security of their own token holdings. Generally speaking, crypto security is practically impenetrable, but human error can be a single point of failure. Every day, new users fall victim to crypto attacks from scammers as they don’t
Avoiding crypto scammers Read More »
