Hidden Gems: Kusama Parachain Auction Contenders You Should Look At

If you’re a crypto enthusiast and you haven’t been following the Polkadot project, then you probably should be. Polkadot is a scalable, interoperable, and secure network protocol. It enables arbitrary data -- not just tokens -- to be transferred across both public, open, permissionless blockchains, and also private, permissioned blockchains. This makes things like cross-chain registries

NFT Creators Face Down Scalability And Cost Constraints Amidst Demand

Although non-fungible tokens (NFTs) have been around since 2018, NFT market momentum began its surge in the second half of 2020. The ecosystem’s nascent climb continued in 2021, reaching a total sales volume of 2.5 billion USD during the first half of 2021 compared to over 9 million USD in the second half of 2020. However, amid the backdrop of rapid demand growth for NFTs, creators are

CertiK Gives Thumbs Up on Hi Dollar’s Smart Contracts as Project Gears up for...

Not-for-profit financial services platform hi has announced the successful smart contract audit of its hi Dollar (HI) membership token. Completed by the leading blockchain verification platform CertiK, the audit ensures the contract is hacker-resistant and bug-free. The successful audit was completed in preparation for the launch of the hi Dollar token by no later than August 1,

Binance Smart Chain Dethroning Ethereum as Backbone of Defi Ecosystem

The blockchain ecosystem witnessed explosive growth in 2020, thanks to the surging popularity of DeFi and NFTs. The growth has amplified the limitations of Ethereum. Users are frustrated with the high gas fees and the ridiculously long time it takes to process transactions. Ethereum has become an unsustainable choice for small investors and traders. Launched in September 2020, Binance

Coins vs Utility Tokens vs Security Tokens – What’s The Difference?

Tokenization is one of the proponents of the blockchain which will likely stand the test of time. The act of tokenizing something, means giving it representation on a blockchain. Anything can be tokenized, from wine, to cars, to mortgages to ownership in artwork. Holding a token that is backed up by a physical asset, gives the holder actual ownership over that product. Let’s take wine as a

NFT Wave Opens Door For Celebrities to Make Crypto Debut

Non-fungible tokens have become insanely popular in the last couple of years. Wealthy individuals and crypto enthusiasts are spending millions of dollars on NFTs representing digital art, tweets, and more. That’s despite the fact that anyone could easily copy, download or use those images, videos, and audio files. The charm of experiential NFTs Celebrities like Paris Hilton, Lindsay
Blockchain Nodes

Blockchain Nodes: Monetize Resources and Contribute to Crypto Growth

Image Source: Pixabay Blockchain nodes are a fundamental part of the peer-to-peer infrastructure as they enable communication within the network. They are designed to support the decentralized nature of blockchain ecosystems by allowing network participation. In essence, anyone can contribute to blockchain networks by setting up a node provided they meet the required resources. The

Polkadot Ecosystem

Polkadot has been a rising start in the blockchain industry during its short tenure. And it’s not hard to see why the network has gained so much attention: Founded from key members of Etherium, Polkadot was designed to overcome the congestion and high gas fees, and innovates blockchain in a way that lowers both cost and technical barriers to entry. With the recent announcement of the
Crypto Tax

Are You Crypto Tax Compliant? Here’s How to Avoid Getting Caught Out

Over the last eight months, as cryptocurrencies reached for new all-time highs, many people who have been holding digital assets for the long term will have taken the opportunity to cash out and reap some gains on their investments. This is why it’s unsurprising that revenue authorities across the globe are gearing up to seek out all those tax dollars that will become due when their

Will Ethereum Prices Rebound In 2021?

3 Reasons Why Analysts are Bullish on Ethereum Prices After a spectacular rally between May 2020 and April 2021, the cryptocurrency market has come to a screeching halt. Several digital coins including Bitcoin and Ether have lost over 50% in market value in the last three months. While the volatility has not surprised crypto enthusiasts, relatively new investors will be feeling the heat