Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable...Continue Reading
Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable. The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially...Continue Reading
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized...Continue Reading
The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems. In the summer of...Continue Reading
Ethereum layer-2 developer StarkWare raises a further $100 million despite a gloomy outlook for the cryptocurrency space. Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets. StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a...Continue Reading
While the calls for globally coordinated regulation for cryptocurrencies is a noble effort, the practicality of the situation is far from ideal. The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different...Continue Reading
Veritic CEO argued that providing a simpler way to own NFTs can boost the mainstream adoption of the technology. On day four of the World Economic Forum 2022, presentations on nonfungible tokens (NFTs) have taken place with speakers sharing their takes on NFT use cases and adoption. At the Blockchain Hub Davos, speakers Veritic CEO...Continue Reading
NFTs are tokenized assets that can be staked and maintained secure on NFT staking platforms. We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional...Continue Reading
While the FSS’ standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place. The Korean Financial Supervisory Service (FSS) has announced that it will be standardizing the way in which virtual asset risk is...Continue Reading
On-chain indicators focusing on Bitcoin’s fair valuation and long-term holders’ sentiment also raise its prospects of bottoming out. Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance. The selloff appears in the wake of the...Continue Reading
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