DeFi: The Ultimate Beginner's Guide to Decentralized Finance
Jan 20, 2021 · Decentralized finance, or DeFi, sits at the white-hot center of the recent crypto bull run.. DeFi is crypto’s big thing at the moment, a little like how Initial Coin Offerings (ICOs) were all the rage back in 2017. Back in June 2020, just $1 billion was locked up in DeFi protocols, according to metrics site DeFi Pulse.By January 2020, …
What Is Decentralized Finance (DeFi)? - Decrypt
Dec 8, 2021 · In Brief. DeFi, shorthand for “decentralized finance,” is a catchall term for a group of financial tools built on a blockchain. The idea is to allow anyone with internet access to lend, borrow and bank without going through middlemen. DeFi is one of the fastest growing areas of the blockchain and decentralized web space.
13 of the Biggest NFT Marketplaces - Decrypt
Sep 20, 2021 · 1. OpenSea. OpenSea is the original peer-to-peer NFT marketplace, and far and away the largest. At the time of writing, it has a total trading volume of over $6.5 billion (according to analytics platform DappRadar), offering NFTs of everything from in-game items and collectibles, to artwork, music, GIFs, and more.
What is MetaMask? How to Use the Top Ethereum Wallet
May 3, 2022 · MetaMask is a cryptocurrency wallet that enables users to store Ether and other ERC-20 tokens. The wallet can also be used to interact with decentralized applications, or dapps. The decentralized internet, Web3, is built on a foundation of cryptocurrencies and decentralized applications (dapps). But in order to use them, you need a user ...
The Top Decentralized Exchanges (DEXs) in 2021 - Decrypt
Jun 17, 2021 · Exchanges like Binance and Coinbase are some of the most successful businesses in the crypto space; Coinbase, one of the leading exchanges, went public in a direct listing earlier this year. Binance, Coinbase, Gemini, Kraken, and others are called "centralized exchanges," since one company operates them and reaps profit from operating them.
Dogecoin News Today - Decrypt
Dogecoin News. Dogecoin was originally conceived as a joke to poke fun at the crypto industry, based on the popular “doge” Internet meme. Launched in 2013 amid a mass proliferation of altcoins, it quickly gained an ardent following on Reddit and beyond, and hit a market cap of nearly $2 billion during the January 2018 crypto craze.
Beginner’s Guide To NFTs: How To Buy An Ethereum NFT
Oct 26, 2021 · Buy an NFT on that marketplace with Ethereum stored on your wallet. 1. Buy Ethereum. You need Ethereum to enter the world of NFTs because it’s the native currency of the eponymous blockchain network, and the majority of NFTs are built on Ethereum. To get Ethereum, you’ll need to head to a cryptocurrency exchange, such as Coinbase or Binance.
What is a Token Burn? How Crypto is Removed From Circulation
Jul 19, 2022 · A burn address is a digital wallet that can’t be accessed because it doesn’t have a private key attached to it, like a lock that someone never built a keyhole for. Burn addresses are also sometimes referred to as eater addresses. Sending a token to a burn address effectively removes the digital asset from its overall supply, locking it up in the hands of nobody and preventing the asset ...
What are Decentralized Apps (Dapps)? - Decrypt
Apr 29, 2022 · What is a dapp (decentralized application)? Dapps are decentralized apps. They are like normal apps, and offer similar functions, but the key difference is that they are run on a peer-to-peer network, such as a blockchain, using smart contracts. As dapps are decentralized, they can’t be controlled by a single person or entity.
The Best Bitcoin Debit Cards To Use In 2021 - Decrypt
Dec 2, 2020 · Binance. Binance is the world’s largest cryptocurrency exchange, and launched its own debit card, the Binance Visa Card, in July 2020. The card has zero fees, and offers up to 8% cashback on payments. Cashback is determined by the amount of Binance’s cryptocurrency, BNB, you have in your account.