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Blockchain

Algorithmic stablecoins show promise of reducing volatility — ShapeShift

Algorithmic stablecoins show promise of reducing volatility — ShapeShift

[ad_1] Promising innovations in DeFi have given rise to a new breed of stablecoins that have the potential to reduce volatility and promote greater decentralization, according to a new research report from ShapeShift.  In its latest New Frontiers research study, ShapeShift explores the recent growth of “algorithmic stablecoins,” which are cryptocurrencies that automatically adjust an […]

Blockchain tech is holding NFTs back because of these three design flaws

Blockchain tech is holding NFTs back because of these three design flaws

[ad_1] Years after CryptoKitties were released to the masses, the nonfungible token (NFT) sector is finally going places. Coveted collectibles are selling for millions of dollars in some of the world’s finest auction houses. Top-flight soccer and basketball teams are releasing once-in-a-lifetime moments that fans cherish. Movie studios are starting to issue NFTs as memorabilia […]

How crypto can modernize the world of lending

How crypto can modernize the world of lending

[ad_1] Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment. The arrival of fiat currencies transformed the way economies were run back then. Indeed, you could argue that we’re seeing such a seismic shift now as cryptocurrencies […]

The future of art? World-famous artists delve into NFTs

The future of art? World-famous artists delve into NFTs

[ad_1] For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums, galleries, or individual collectors. In return, the artist would get a market value for their work which was often kept in private vaults and only displayed to the public […]

FXT token taps into Binance Smart Chain following ERC-20 success

FXT token taps into Binance Smart Chain following ERC-20 success

[ad_1] Crypto trading platform FXT announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1,500% growth since its launch back in January. The new token, which is built on Binance Smart Chain, is designed to reduce transaction costs and settlement times compared with its Ethereum-based predecessor. In addition to increasing the […]

Cryptocurrency’s latest use case: Music production?

Cryptocurrency’s latest use case: Music production?

[ad_1] A recent collaboration between two prominent social influencers has resulted in a device that creates sounds (or music) based on cryptocurrency’s infamous price volatility. In what has been termed the collaboration of the century, Estefannie and Look Mum No Computer (Sam Battle) joined hands to bring a “cryptocurrency-measuring musical machine to life.”  As a musician, […]