November 7, 2024
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Crypto

What Are Smart Contracts?

Smart contracts are digital agreements that run on the blockchain. They ensure that when specific conditions coded into them are met, the contract executes automatically. Picture a digital agreement that carries out its tasks without any human intervention. It’s a breakthrough concept, turning traditional contracts into self-operating, secure, and trustworthy pieces of code. In simple

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Crypto

Vitalik Buterin Donates 30 ETH to Tornado Cash Legal Fund

Vitalik Buterin, co-founder of Ethereum, donated 30 Ether (worth $113,000) to Juicebox, a crypto crowdfunding platform. This money is meant to help with the legal defense of Tornado Cash developers, Alexey Pertsev and Roman Storm. Privacy Tools Under Scrutiny Buterin and other crypto experts have always supported privacy tools that help users manage their assets

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Crypto

Farcaster Raises $150 Million in Latest Funding Round

Farcaster, a community-driven blockchain-based social platform, recently secured $150 million in its latest funding round. This Series A round, led by Paradigm and supported by Andreessen Horowitz, Haun, USV, Variant, and Standard Crypto, has significantly bolstered the platform’s growth. Following the announcement by Farcaster’s founder, Dan Romero, on May 21, the Degen token saw a

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Crypto

Wisconsin’s Bitcoin Investment

In an SEC filing released on May 14, Wisconsin disclosed its ownership of several Bitcoin-backed instruments through its pension funds. Wisconsin, a state in the Upper Midwestern region of the United States, has become the first state to own and disclose investments in BTC-backed instruments through its government board, the State of Wisconsin Investment Board

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Crypto

SOLANA (SOL) COMPETITOR RAISES $32,050,000 in RESALE

A competitor to Solana (SOL) has raised an impressive $32,050,000 in a presale, with plans to start trading on May 21, 2024 Retik Finance (RETIK) is making waves in the DeFi world, gearing up for its official launch on May 21, 2024, following an impressive $32,050,000 raised during its presale. This strong financial backing reflects

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Crypto

Revolut debuts dedicated crypto exchange for UK users

Revolut has just launched a new crypto exchange called Revolut X, specially made for people in the UK. This means you can now easily trade cryptocurrencies like Bitcoin and Ethereum using Revolut. The platform aims to make it simple for everyone to buy and sell crypto paying relatively small fees.  With Revolut X, you can

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Crypto

Automated Market Makers (AMMs)

Automated Market Makers (AMMs) are a key component of decentralized finance (DeFi) protocols that facilitate the exchange of assets without the need for traditional order books. Instead of relying on buyers and sellers to create and fulfill orders, AMMs utilize liquidity pools and smart contracts to enable users to trade assets directly against the pool.

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Crypto

A Simple Guide to Tokenomics?

What is Tokenomics? Tokenomics involves the rules and features that define the functionality and value of a cryptocurrency within its ecosystem. Think of it as the economic strategy behind a digital currency, covering everything from how it’s made (minted), how it’s given out (distributed), and how it can be used. These factors collectively influence a

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Crypto

JupSOL: A Game-Changer for Solana Stakeholders

JupSOL is redefining what it means to invest in Solana through its unique offering, combining trustless delegation with zero fees and a 100% Miner Extractable Value (MEV) kickback.  This new financial product from Jupiter Exchange is not just another liquid staking token (LST); it’s designed to significantly enhance yields for its holders and bolster Solana’s

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Crypto

What is Yield Farming?

Yield farming is a popular strategy in web3. It is similar to putting your digital assets to work to earn more money. Like a farmer grows crops on land, you’re planting your cryptocurrencies into various DeFi platforms. This process involves using your digital coins as capital that can earn interest or rewards, much like how

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