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“# Bitcoin records all-time high network difficulty amid price fluctuations ” The Bitcoin network difficulty is determined by the overall computational power, which co-relates to the difficulty in confirming transactions and mining BTC. As evidenced by the blockchain.com data, the network difficulty saw a downfall between May and July 2021 due to various reasons including…
“# Decentralized and traditional finance tried to destroy each other but failed ” The year 2022 is here, and banks and the traditional banking system remain alive despite decades of threatening predictions made by crypto enthusiasts. The only endgame that happened— a new Ethereum 2.0 roadmap that Vitalik Buterin posted at the end of last…
“# How should DeFi be regulated? A European approach to decentralization ” Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to…
“# Finance Redefined: Secret’s $400M fund, and 1inch expanding, Jan. 14–21 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Following a bearish decline for many of the leading decentralized finance (DeFi) tokens, it is within the fundamental news where the optimism for growth and prosperity lies. Read on to hear about the…
“# NFTs: Forget apes and penguins — Let’s talk diapers, hardware and museums ” Though the likes of Bored Apes and Pudgy Penguins take the headlines, and the potential for decentralized finance (DeFi) and play-to-earn gaming is undeniably grand and exciting, the marketing potential for nonfungible tokens (NFTs) deserves equal attention. It boils down to…
“# How to use UniSwap: A step-by-step beginner’s guide ” The Uniswap decentralized exchange (DEX) is the most popular DEX built on the Ethereum blockchain. For users wondering, “What is Uniswap?,” this article provides an overview of what it is and how it works as well as several ways users can get started using the…
“# NFTs and DeFi overturn a banker’s generational curse of poverty in 2 years ” Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting chance to overcome the generational curse of poverty. Gentry, a.k.a. MsCryptoMom, left her decade-long job as a banker to pursue a full-time crypto…
“# Blockchain and the evolution of business models in the game industry ” The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon,…
“# Redditors share their thoughts on buying Bitcoin at all-time highs ” Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying: “I don’t need this…
“# NFTs and compliance: Why we need to be having this conversation ” “Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato The above quote has withstood the test of time. Across industries, markets, communities and ideas, people ultimately will…