Apple often receives criticism for its stringent App Store guidelines that the company puts into place to insulate its users with the best experience. Developers of applications have to adhere to high standards and requirements or else see their submissions rejected. A similar approach is being proposed by the developers of the Kava blockchain to
Decentralized Finance (DeFi) is no-brainer the crypto ‘buzzword’ of 2020, this space has experienced tremendous growth within the past few months. Currently, its total locked value (TVL) stands at $8.35 billion, with the number of listed DeFi tokens increasing by the day. While the rise has been pretty fast, its long-term sustainability is in question
The competition will be heating up in the DeFi space very soon. Binance.com is the first major exchange to integrate native DeFi solutions on the Binance platform. Not only is this a major boon for KAVA, “the hidden gem of the decade” according to Forbes, but it is also just the beginning of what is
Bitcoin is a very volatile currency, just like most cryptocurrencies. It’sIt’s not uncommon to see the price make wild swings within short periods regularly. For this reason, some exchanges, especially peer to peer platforms that offer users the ability to trade the world’s first cryptocurrency, have designed formulas that help traders set their advertisements using
The Unified Payment Interface (UPI) system allows instant mobile payments and transfers across banks in India. UPI was launched by the National Corporation of India in a bid to help citizens buy goods faster and to open up the financial system. Such simple payment options enhance the buying and selling of Bitcoin (BTC) across the
The cryptocurrency market has been through an unexpected boom throughout the past few months, despite the coronavirus cases taking back with an increasing pace around the globe. Since the start of the year, the price of both ETH and BTC, the most popular cryptocurrencies, went up 200% and 65% correspondingly, which also pushed the network
Lately, there has been a growing trend where more traders are opting for P2P crypto exchanges as compared to their centralized counterparts. This isn’t surprising given the many shortcomings of centralized exchanges, including holding users’ funds, security issues due to centralization, manipulation of various aspects like prices, faking volume, lack of privacy, and many more.
Utility tokens lost much of their luster following the 2017 ICO frenzy, as numerous tokens lacking a solid value proposition eventually faded away. Rather than providing true value to token-holders, many of these were designed simply for the purpose of raising funds for project teams, in a short-lived cash-grab. Despite the bad rap, utility tokens
The DeFi bubble is huge and is growing fast. At the onset of 2020, DeFi projects attracted about $850 million. Six months later, the total value of funds invested in DeFi projects – also called total value locked (TVL) –is at $2.08 billion, a growth of about 145%. Source: DEFI PULSE Admittedly, DeFi is still
OKEx Pool, one of the major miners for five proof-of-work cryptocurrencies, is ready for the shift to Ethereum 2.0. The new version of the Ethereum network, envisioned for the near future, is still in the testing stage. Alysa Xu, Chief Strategy Officer at OKEx, commented for Coingape: “Grateful for becoming one of the first mining
Anyone who has had any experience with the cryptocurrency industry has likely already spotted the volatility of crypto prices. The prices are moving up and down, seemingly for no reason, as well as with no break. With the prices of cryptocurrencies constantly going up and down, it seems impossible to predict what will happen next.
It is difficult to put a peg on the number of exchanges functioning in the crypto market because no global standards are governing the creation and operations of these entities. In most cases, an individual or a group of people with the right computing and programming skills can capitalize on the lack of crypto regulations
Blockchain, since its inception in 2008, remained largely unnoticed by the masses till 2017. The principles that it worked on, the financial reliability, security and privacy it provided was largely overlooked over the prospect of getting rich by cryptocurrencies. With echoes of ‘digital gold’ and blockchain tokens being the next currency in the backdrop, the
STO better is known as Security Token Offering represent an investment contract that is backed by an underlying investment asset, e.g. stocks, funds, bonds, and even real estate investment trusts. A Security token represents owning the information of the investment product that is recorded on the blockchain. STOs can be seen as a hybrid approach to
In January 2019, financial writer and consultant Charles Bovaird asked his readers in a Forbes article about the death of the ICO market. Bovaird quoted analysts saying that the ICO market was pretty much dead right now. After China banned ICOs and the US SEC regulators issued official warnings against Initial Coin Offering processes in