DeFi Lending and Borrowing Explained

The prospect of Bitcoin reaching $100,000 by 2024 has been considerable discussion among cryptocurrency executives and analysts. Several factors underpin this anticipated bull run, including the potential approval of Bitcoin ETFs and the upcoming Bitcoin halving event in April 2024. Pascal Gauthier, CEO of Ledger, suggested that 2023 was a preparatory year for the cryptocurrency market, setting the stage for the anticipated bull run. He highlighted the likelihood of a spot ETF approval as a significant catalyst for this surge.…

In a notable development for cryptocurrency adoption, Lugano, a city in Switzerland, has introduced Bitcoin (BTC) and Tether (USDT) as acceptable forms of payment for various municipal services, including taxes. This move is a part of the city's broader initiative, known as "Plan B," aimed at integrating Bitcoin technology into the city's financial infrastructure. Making payments with these cryptocurrencies has been streamlined for simplicity and efficiency. Residents and businesses in Lugano can now settle any municipal invoice using BTC or…

In a world increasingly focused on sustainable solutions, Rowan Energy, led by founder David Duckworth, is making significant strides at the intersection of renewable energy and blockchain technology. We sat down with David to explore the motivations, technology, and aspirations shaping this innovative UK-based company. What inspired you to create Rowan Energy, and how does your vision for the company align with the current needs of the renewable energy sector? The whole business started at my kitchen table in 2018. …

Coinbase, a leading cryptocurrency exchange in the U.S., has introduced a groundbreaking service allowing users to transfer money via popular social media and messaging platforms. This innovative feature is integrated into the Coinbase Wallet, streamlining the process of global money transfers. The key highlight of this service is its simplicity and convenience. Users can send money through any platform that supports link sharing, including widely-used messaging apps like WhatsApp, iMessage, Telegram, and social media platforms such as Facebook, Snapchat, TikTok,…

Cryptocurrency has revolutionized the financial world, offering a unique blend of security, decentralization, and growth potential. As the crypto market expands, tracking your investments and staying informed becomes crucial. This article delves into the best apps for tracking cryptocurrencies, ensuring you stay on top of your digital assets. CoinGecko Features: Extensive Cryptocurrency Coverage: CoinGecko tracks real-time prices for over 10,000 cryptocurrencies, offering a broad market view. Comprehensive Data Access: Provides information on market capitalization, trading volume, and other essential data…

As we witness the impressive growth and evolution of the cryptocurrency market, we've come to an essential realization: our journey towards widespread Web3 adoption is still unfolding, with much ground yet to cover.  The DeFi sector, once a niche component of the broader business world, has now taken a significant leap forward. The numbers speak volumes: over 15,000 decentralized applications (DApps), twice as many NFT collections, and more than 50 chains are now active, according to DappRadar. Yet, these impressive…

Sonorus is a Web3 platform seeking to change the future of the digital music industry and reward artists and music lovers. It uses a decentralized music voting system, TrendFi, enabling fans to earn by supporting their favorite songs while helping musicians gain the rewards and recognition they deserve. The platform operates on the Binance Smart Chain, offering transparent, engagement-driven monetization. Like most blockchain-based ecosystems, Sonorus uses digital tokens to fuel operations and ensure its growing community has a common medium…

Cryptocurrency has become a hot topic in recent years, with digital assets like Bitcoin and Ethereum gaining immense popularity. As we look towards the future, many wonder what lies ahead for crypto in the year 2024. In this article, we will explore the current state of cryptocurrency, predict its future trajectory, and examine the impact of technology and economics on this rapidly evolving sector. Understanding the Current State of Cryptocurrency The rise of cryptocurrency has been nothing short of remarkable.…

In today's digital age, the concept of Web3 wallets has gained significant attention. But what exactly are these wallets, and why are they important in the digital world? Understanding the Concept of Web3 Wallets Definition and Function of Web3 Wallets Web3 wallets, also known as decentralized wallets or blockchain wallets, are digital wallets that allow users to store, manage, and interact with cryptocurrencies and other digital assets. Unlike traditional wallets, which are physical objects used to store cash and cards,…