FRIEND has taken a sharp dive following the surprising news that its development team has walked away from the project. Reports reveal that the platform’s monthly revenues have dwindled to just $71. Friend.tech Team Relinquishes Control Friend.tech, the Web3 platform known for allowing users to trade tokens in exchange for access to exclusive content from […]
Crypto lending services offer a unique way to earn back on digital assets at yields that are higher than those of an ordinary savings account, but yet comparable. Decentralized finance, or DeFi for short, and Centralized Finance (CeFi) are the two categories of these systems. Everybody has distinct attributes, benefits, and drawbacks. How Does Crypto […]
PancakeSwap is about to reinvest its unclaimed ZK tokens in its ecosystem, supporting future development and community initiatives.The well-known multi-chain decentralized exchange (DEX), PancakeSwap, has unveiled a significant community reward program running from July 5 to August 5. As part of this initiative, it will distribute over 2.45 million zkSync (ZK) tokens to its community […]
Sector knowledge is comparable to a crypto-investing powerhouse. Similar to purchasing a stock because your bookie suggested it, a lot of people purchase cryptocurrency without understanding what the company performs. Astute stock investors investigate the underlying business, so too should astute cryptocurrency investors. Companies listed on traditional financial markets are categorized under the Global Industry […]
Prometheum, a digital asset company, has finally released its highly anticipated Ethereum Custody service, marking Ethereum as a designated security. Prometheum, a digital assets platform, has initiated the soft launch of its Ethereum custody service as it prepares to fully roll out crypto services later this quarter. Fortune was the first to report on the […]
Much like depositing funds in a savings account provides commercial banks with capital for giving out loans; also, holding crypto in yield-bearing “accounts” enables Decentralized finance platforms with the necessary capital to operate, while in return they give the platform’s token to the investor as interest. The Demand Level for Yield Farming Amplifies Yield farming […]
Three prominent web3 projects focusing on the rapidly growing artificial intelligence sector are uniting. On March 27, Ocean Protocol, SingularityNET, and Fetch AI revealed their collaboration to merge tokens and work together on research and development efforts. This partnership aims to establish a decentralized alternative to the dominant centralized tech companies leading AI development. The […]
Bitcoin, initially conceived as a peer-to-peer decentralized financial network, has evolved into a store of value (SOV) to safeguard capital against inflation. With a market capitalization of approximately $1.3 trillion, Bitcoin stands as the most valuable cryptocurrency, pioneering the use of blockchain technology. Bitcoin ETFs offer investors direct exposure to BTC within a regulated framework. […]
EigenLayer has captured significant attention with its innovative concept of Ethereum liquid restaking, amidst the emergence of novel protocols and DeFi primitives. In 2024, the crypto markets are abuzz with activity, presenting investors with a plethora of opportunities within the realm of decentralized finance (DeFi). Understanding Restaking Restaking via EigenLayer empowers Ethereum stakers to amplify […]
