DeFi100 scam of $32 milion that left investors shcoked turned out fake

The cryptocurrency market was taken by storm when Decentralized Finance, a blockchain-based finance currency announced on the website that it scammed investors worth $32 Million. Later, a clarification was released by DeFi100 that it has not duped investors but the website was hacked. DeFi100 is a famous cryptocurrency project like Bitcoin. We covered its features in our earlier post. Reports …

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How can crypto mining impact world environment?

One of the major problems with cryptocurrencies is the environmental impact that digital transactions have on the planet. The method of bitcoin mining is energy-intensive involving heavy usage of fuels like coal. China contributes to fossil emissions of roughly 40% due to the usage of coal compared to its total usage of energy for bitcoin mining. Many people are concerned …

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DeFi Takes On Conventional Financial Services

Today, the world of digital assets has become so popular and accepted all over the world that it is considered to be one of the best investment platforms. During the pandemic year 2020, people needed an alternative platform for investments as almost every industry came down. That is when cryptocurrencies and blockchain gained so much. And along with that, millions …

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Will Bitcoin Gambling Come to the NFT Space?

Could the best Bitcoin Blackjack sites benefit from the NFT space? After all, Bitcoin blackjack sites could offer blackjack NFTs to their VIP players as a form of incentive. Blackjack sites could also use NFTs in many other ways that could benefit you. Let’s see how.Accelerators open to innovations in the NFT spaceOne of the best indicators that a market/industry/space is …

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4 Benefits of Bitcoin Gambling That You Can Enjoy

Bitcoin gambling is a relatively new form of online gambling. Is it worth trying? Let’s get deeper into it. In this article, I’d like to show you the 4 top benefits of bitcoin gambling so that you can decide on your own if it’s something you want to test out.#1 The Most Effective CryptocurrencyAs the business seems to be thriving, …

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The Best 3 Crypto Trading Apps in 2021

There’s no need to say how many crypto trading platforms are available to us right now. The Bitcoin Boom at the beginning of the year encouraged a lot of people to join the crypto experience, including developers and business people. However, these platforms bring confusion and anxiety. It’s hard to know what is good and what is not, and there is …

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Headhunter, a Storage and Display Solution Aiding NFT Artists and Collectors 

Non-fungible tokens (NFT) marketplace, HeadHunter is creating lasting display and storage solutions for collectors and artists via interactive trophy rooms. Additionally, the platform allows decentralized governance and offers extra income to Heads (HeadHunter NFTs) – connecting decentralized finance, or DeFi, to the NFT world. Since the turn of the year, NFT marketplaces have witnessed explosive growth as mainstream media, billionaires, the …

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Is Paying Employees in Crypto Legal

Digital money has become more popular as a payment method for goods and services and as an investment. Major companies and retailers across the globe use digital currency such as Bitcoin as a payment method. Today, there are companies that pay their employees in Bitcoin.However, since a legal and regulatory structure for cryptocurrency as a method of paying employees is …

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How to Create Central Bank Digital Currency (CBDC) over XinFin (XDC) Network? 

Abbreviated from Central Bank Digital Currency, CBDCs are digital or electronic representations of national fiat currencies. Leveraging distributed ledger technologies such as blockchain, CBDCs enable central banks to increase payment efficiency while drastically lowering transaction costs.Although similar to cryptocurrencies such as bitcoin or ether, CBDCs have substantial distinctions. While the former is mostly unregulated, CBDCs function under the governance of …

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