Category: Decentralized Finance
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![The Cryptocurrency Guide to the Perplexed: USD Coin (USDC)]()
The Cryptocurrency Guide to the Perplexed: USD Coin (USDC)
USD Coin (USDC) is a digital stablecoin pegged to the United States dollar and runs on Ethereum, Stellar, Algorand, Solana, Tron and the Hedera Hashgraph system. It’s managed by a group called Centre, which was founded by the company and includes members from Coinbase (COIN.Q) and the Bitcoin mining giant, Bitmain, as investors. For the…
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![Wellfield Technologies (WFLD.V) goes public, brings wave of DeFi interest with it]()
Wellfield Technologies (WFLD.V) goes public, brings wave of DeFi interest with it
The final stage of a long acquire-and-go-public process reached completion for Wellfield Technologies (WFLD.V) Tuesday, as the de-fi roll up that has been attracting financial heavy hitters behind the scenes this past year received its go-ahead go-public nod. The recent grouping of Israeli firms Seamless Logic and Moneyclip Inc, with 1290447 BC Ltd, is now…
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![The Cryptocurrency Guide for the Perplexed: Polkadot (DOT)]()
The Cryptocurrency Guide for the Perplexed: Polkadot (DOT)
Polkadot is a blockchain-based distributed computing platform that lets the blockchains built on top of it, which are called parachains and something we’ll get into indepth in a bit, conduct transactions between themselves. This creates what they call a interconnected internet of blockchains. It comes with two goals: providing shared security among all of their…
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![Cryptocurrency Guide for the Perplexed: Monero (XMR)]()
Cryptocurrency Guide for the Perplexed: Monero (XMR)
Cryptocurrency has a number of different problems and one of them is that it’s not even remotely private. Transparency is baked into the system for most coins. Anyone can see what’s happening right now on Bitcoin’s blockchain by going to https://www.blockchain.com/explorer and after a search and a few clicks, you can find out what’s going…
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![The cryptocurrency guide for the perplexed: Shiba Inu (SHIB)]()
The cryptocurrency guide for the perplexed: Shiba Inu (SHIB)
For the conservative looking to get into crypto, Bitcoin and Ethereum are still where it’s at. They’re the coins that offer the lowest risk profile—they have enough attention, backing and third-party investment to ensure that of all the coins out there they’ll still be around in ten years. But if you’re looking to get rich,…
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![This week in crypto: The China Side-Eye Edition]()
This week in crypto: The China Side-Eye Edition
The biggest spate of news actually happened last Friday and it’s China again. Now all cryptocurrency related transactions are effectively banned in China. The effects were immediate: Coinbase Global (COIN.Q) and Robinhood took a 3.5% dive, while MicroStrategy (MSTR.Q) lost 6.7%. Marathon Digital Holdings (MARA.Q) lost %8.1. It didn’t stop there, though. The commentary from…
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![This Week in Crypto: Hand in the Cookie Jar Edition]()
This Week in Crypto: Hand in the Cookie Jar Edition
Given that the United States is once again going to the cookie jar to raise the debt ceiling and foist this generation’s financial issues onto the next generation (or the next after that… or after that) you’d think this week in crypto would be all about people bailing out of their positions, and piling their…
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![This Week in Crypto: News You Can Trust Edition]()
This Week in Crypto: News You Can Trust Edition
Because we’re all about value let’s start this out with some fake news. Walmart (WMT.NYSE) decidedly did not partner with Litecoin, despite news published earlier this week that did the rounds with multiple sources. Charlie Lee, the brain behind Litecoin and leader of its peoples, said the news was fake. Walmart quickly quashed it on…
