A central bank digital currency (CBDC) is a digital claim on central bank “money”. The CBDC is both issued and backed by the central bank. $1 of CBDC is worth the same as a $1 bill or $1 in a bank account. In this case fiat money ($USD, $EURO). They are “pegged” to those currencies
What is NEAR Protocol? NEAR Protocol, or NEAR, is a fully-sharded, Proof-of-Stake (POS) Layer 1 blockchain. NEAR launched on mainnet in early 2020, following a $21MM token sale led by a16z. One of the biggest narratives in crypto throughout 2021 was the emergence of alt-L1s like Solana, Avalanche, and Luna. So what differentiates NEAR and
Did you start messing around with crytpo on a hot wallet and before you knew it had a not immaterial amount of money on it? Then did you see a string of posts about MetaMask hacks on twitter? Maybe a BowTiedIguana wrote a post that made you realize that little Fox extension isn’t actually safe?
What is GAS DAO? Following in the wake of the wildly popular $SOS airdrop comes another universal airdrop from GAS DAO. The GAS airdrop applies to anyone who has spent at least $1559 USD in transaction fees on the Ethereum mainnet. The exact airdrop amount varies by wallet history, with weights as 10% on ETH
TalentDAO announced its launch on December 19. Its goal is to use web3 to connect talented people to global opportunity, particularly in Africa. Why Africa? This is because over 70% of Africa’s population is under the age of 35, one of the youngest and fastest growing populations in the world. Africa is expected to grow
DNS – Domain Name Service Most internet savvy folks are familiar with a DNS which is like a phone book for the internet. Every computer on a network has a unique IP (Internet Protocol) address which often takes the form xxx.xxx.xxx.xxx. This address is the unique network identifier for any network address. Every website is
The Stacks NFT scene is experiencing steady growth, though recent launches by the CrashPunks and Megapont Ape Club teams have been spoiled by smart contract and API issues. CrashPunks The CrashPunks project, a profile picture NFT collection by Stacks Accelerator partner Trevor Owens, launched on Dec 11. Many were minted to whitelisted users and pre-launch
Have you been growing your crypto bag and beginning to worry if MetaMask is safe & secure enough? We dig into just how safe your money is ….
What the Phunk are cryptoPhunks? Anyone who’s heard of NFTs knows what CryptoPunks are, but far fewer have heard of CryptoPhunks. What exactly are CryptoPhunks? CryptoPhunks are an NFT collection featuring the iconic imagery of the CryptoPunks, with one key difference: they have been “hand-flipped” over the vertical axis. Besides the fact that they face
Merry Christmas everyone! Santa has come to the blockchain, stuffing stockings with two new airdrops from The Open DAO and DappRadar. The SOS airdrop grants some amount to basically anyone who ever did anything on Opensea. The RADAR airdrop applies to users who registered with DappRadar, or who interacted with at least 10 dapps tracked
Transaction fees are an unfortunate fact of life on the Ethereum mainnet – NFT gas costs even moreso. The success of NFT projects is particularly vulnerable to high fees, as they inflate the cost of the token. A $75+ gas fee is extremely unattractive to someone minting a single 0.05 Ξ NFT, and may even
Aztec Connect is the first private bridge for Ethereum DeFi, launching live on testnet on December 9th. It is a privacy focused L2 enabling cheap, private interactions with Layer 1 smart contracts and liquidity via DeFi aggregation. It uses zk-rollups to add privacy and gas savings to any Layer 1 protocol via bridges, enabling up
OlympusDAO’s Olympus Pro incubator program has recently reached the milestone of 31 partnered protocols. The Olympus Pro partners program offers projects the opportunity to enter a symbiotic relationship with OlympusDAO. In this partnership, they can draw on OlympusDAO’s vast experience implementing the protocol-owned-liquidity model. When a protocol joins Olympus Pro, OlympusDAO experts help set up
Crypto twitter is enamored with the Christmas Pump that happens every year…or does it? A quick look to see how much truth is in Santa…
A quick analysis on Helium (HNT) and how it stays true to the name “The People’s Network”.
You likely have come across Theopetra on Twitter talking about taking back housing from large institutions. Or maybe you resonated with giving the power back to the people. Or just noticed more ‘V for Vendetta’ masks than usual. The protocol certainly has been gaining traction. Founding and VIP members spots are being filled and account
What is OlympusDAO V2? OlympusDAO V2 is a new set of contracts for the entire Olympus protocol ecosystem. The upgraded tokens function in the same basic way as before, but facilitate on-chain governance. The bonding system has also received a massive overhaul. Bonds are now more intuitive and cheaper for users, more efficient for the
Thursday saw breaking news of a new partnership between the NBA Golden State Warriors and the cryptocurrency exchange FTX (US). The new development will see Warrior-launched NFT’s listed on the FTX US exchange as part of a first-of-its-kind collaboration between an NBA Team and Cryptocurrency Exchange. This puts FTX as the Official Crypto Exchange and