“Is cryptocurrency really decentralised?” This has been an alarming question from crypto investors, especially due to the many crypto scams going on lately for huge amounts of money. In recent years, crypto culture has evolved into a more tribal state. Social media is frequently used by supporters...
In the second quarter of 2022, the crypto market witnessed a decline, which also affected the prices of NFTs and experienced a massive downturn in the same quarter. NFT trading volumes are down 97% from the record highs seen back in January, according to Bloomberg. NFT wallet activity decreased...
Unsurprisingly, Interpol is now engaged and wants a piece of Do Kwon, the discredited co-founder of the Terra ecosystem, which crumbled dramatically in May, according to numerous news agencies on Monday. The Singapore Police Force issued an arrest warrant for Kwon, who was alleged to be out of the...
The NFT space is a really tricky one. Over the years, we have heard and witnessed numerous NFT scams, which do not seem to stop anytime soon. New NFT projects are launched daily, and most end up as rug pulls. What if I told you there are ways you can spot a potential scam? I bet that would save you...
In the past year, interest in non-fungible tokens (NFT) has exploded thanks to celebrities, investors, and top athletes like Mark Cuban, Stephen Curry and Jimmy Fallon. Footprint Analytics estimates that by the end of 2021, the incremental trading volume of NFTs will increase by 200x to $21.5...
The world has come a long way compared to how it was decades and even centuries ago. We have witnessed (well, some of us) the invention of the tv, the radio, the telephone etc. You can probably recall what the first ever computer looked like. It was massive. It is 2022 now a lot has changed. ...
The world is evolving along with the financial industry and we need to consider the possibility of decentralised finance taking over. The question for today is, what is DeFi, and will it transform the world? What is DeFi? Short for Decentralized Finance, DeFi is financial technology...
We personally can’t count how many times we have heard somebody ask or say, “is NFT not cryptocurrency “ or “NFT, crypto no be the same thing?” or even “wetin come be the difference?” well we are here to tell you the difference, so you can teach people that don’t know. What are NFTs...
