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The Worlds of Quests and DeFi: A Convergence
New paradigms are developing in the bitcoin and blockchain industries at an astounding rate. Undoubtedly, one of the most innovative breakthroughs in recent years has been decentralized finance, or DeFi. DeFi: What is it? DeFi represents a fundamental change in the way financial systems work. DeFi primarily makes use of the Ethereum network and describes…
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What is floor price NFT
Why you need to know the NFT floor price and how to analyze it correctly. What this indicator is and why it is important? Understanding what an NFT floor sweep is. In simple words about NFT terms
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Case Study: History of crypto regulations
The governments have been seeking to regulate cryptocurrencies since Bitcoin started to gain popularity after 2013. Approaches and timelines of crypto regulations vary from country to country, but by now, nearly all governments issued at least one or several statements on how to deal with crypto. Let’s explore the history of regulation attempts in the…
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Case Study: History of Crypto Mining
Cryptocurrency mining has been a lucrative thing since the first Bitcoin was minted. It could even replace one’s regular job. We offer you to dive into the history of crypto mining and find out if this business is still profitable. Definition of Mining Mining is the process of creating new Bitcoins (Ethers, or other cryptocurrencies)…
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Case Study: How did Elon Musk become one of the biggest crypto influencers?
Elon Musk, who is running Tesla, SpaceX, and Twitter from recently, is often stirring up the crypto industry with his witty tweets. There’s even a proverb: “When Musk speaks, Bitcoin investors listen”. But how did he become so influential in the world of crypto? Let’s find it out. Musk and crypto: history of relationship The…
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Case study: Why is Ethereum used for NFTs?
Looking through dozens of NFT collections on NFT marketplaces, you may have noticed that most of them are Ethereum-based. Why so? Let’s try to figure it out. How it all started Ethereum network was the first to support NFTs with its ERC-721 standard, which means the first real NFT artworks were born on its blockchain.…
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Case Study: What happened to #FTX?
The world’s second largest cryptocurrency exchange is suffering a severe crisis, which may spill over to the rest of the crypto market. What actually happened to FTX, could the management prevent this, and what effect will it have on the industry — in our case study. Short facts about FTX What went wrong? In the…
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Case study: How Vitalik Buterin changed the perception of crypto?
The mastermind behind Ethereum, Vitalik Buterin invented the world’s hottest cryptocurrency and inspired a decentralization movement before he even turned 20. Let’s learn the story of just a smart guy who boosted the whole industry, and keeps moving it to the future. Who is who Vitalik Buterin (born 1994) is a programmer who designed Ethereum…
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Case Study: Origins of Polkadot
Polkadot, aka a “blockchain of blockchains,” is thought to be one of the most successful blockchain projects ever. It is aimed to solve the eternal problems of networks such as Ethereum and Bitcoin, providing new possibilities to web3 users and business. Let’s dive into the history and ideas behind the Polkadot project. What is Polkadot…