cryptocurrency

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The Revolution of Non-Fungible Tokens (NFTs) in the Art Market

Blog, Ethereum News, Metaverse News, Must Read /

Non-Fungible Tokens (NFTs) have taken the art world by storm, revolutionizing the way digital art is bought, sold, and owned. NFTs are unique digital assets that represent ownership of a digital file, whether it’s art, music, videos, or other digital creations. NFTs are built on blockchain technology, providing artists and collectors with a decentralized and […]

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The environmental impact of cryptocurrency mining and its sustainability concerns details

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Cryptocurrency mining is the process of solving complex mathematical problems in order to verify and validate transactions on a blockchain network. This process requires significant amounts of computing power, which in turn requires a large amount of electricity consumption. This has led to concerns about the environmental impact of cryptocurrency mining and its sustainability. The

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The rise of decentralized finance (DeFi) and its potential to disrupt traditional finance

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Decentralized Finance (DeFi) refers to a new financial system built on decentralized networks, usually based on blockchain technology, that aims to provide financial services in a permissionless, trustless, and transparent way. Unlike traditional finance, which is centralized and controlled by institutions such as banks and governments, DeFi is built on decentralized networks, enabling anyone with

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The Rise of Decentralized Finance (DeFi): A Game-Changer for the Crypto Industry

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Decentralized Finance (DeFi) is a revolutionary concept that is transforming the traditional financial system. DeFi refers to a system where financial applications are built on blockchain networks, eliminating intermediaries and enabling users to have more control over their financial assets. DeFi offers a wide range of services, such as lending, borrowing, trading, and asset management,

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What is ftx ?

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Ftx Intro ftx is a cryptocurrency derivatives exchange that was founded in 2019 by Sam Bankman-Fried and Gary Wang. The exchange offers a wide range of trading products, including futures, leveraged tokens, and options, for various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, among others. ftx has gained a significant amount of popularity in the

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Bitcoin hash rate spikes as analysts say miners coming back online

Bitcoin News /

Analysts are speculating that the Bitcoin hash rate has seen a significant spike recently as miners come back online to reap the rewards of the BTC price hike. BTC $26,952 hash rate spiked to all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts speculating miners are starting to turn their rigs back

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THORChain mainnet halted amid new vulnerability reports

Bitcoin News /

THORChain has once again halted its network, taking action as a precautionary measure while verifying reports on a potential network vulnerability. Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability. THORChain took to Twitter on March 28 to announce that it has halted all trading amid reports on a

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Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

Bitcoin News /

Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao for regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market

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