Blog
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3 Reasons Why Bitcoin Suddenly Soared to Nearly $40K
- 26/07/2021
- Posted by: VuTrades
- Category: Blog
No CommentsBitcoin, the largest cryptocurrency by market capitalization, managed to stage a massive comeback, soaring to $39,850, its highest level since June 16, at 1:02 a.m. UTC on the Bitstamp exchange. After three consecutive months in the red, the flagship cryptocurrency could finally break this bearish streak if it manages to hold onto its recent gains.
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The crazy world of multi-million-dollar NFTs and what this means for brands
- 09/07/2021
- Posted by: VuTrades
- Category: Blog
At some point you may be expected to express an opinion on Non-Fungible Tokens (or NFT’s as they are more commonly known), especially with the news last week of one selling for $69m. With Covid-19 accelerating the digital transformation of traditional businesses and the creator economy exploding due to new types of infrastructure, the virtual
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Grayscale Brings 13 More Tokens With DeFi Focus Under Consideration
- 23/06/2021
- Posted by: VuTrades
- Category: Blog
The 13 include 1inch, Bancor, Curve, Polygon and 0x. Crypto-asset manager Grayscale has added 13 tokens to those under consideration for investment products, most of which are concerned decentralized finance (DeFi). The 13 include 1inch, Bancor, Curve, Polygon and 0x (ZRX, +4.7%), Grayscale announced in a tweet Thursday. The additions bring the total assets being considered to 31, following
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An estate in virtual world Decentraland just sold for nearly a million dollars
- 19/06/2021
- Posted by: VuTrades
- Category: Blog
A set of land in virtual world Decentraland has sold for a record-breaking $913,808 worth of MANA, the game’s Ethereum-based cryptocurrency. Digital real estate investment firm Republic Realm acquired a non-fungible token (NFT) of the virtual estate, referred to as a LAND token, for nearly 1.3 million MANA. While the sale is the highest LAND
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NFT sales are dropping but believers still see a future for digital collectibles
- 17/06/2021
- Posted by: VuTrades
- Category: Blog
Has the NFT bubble already burst? Non-fungible tokens took the art world by storm earlier this year. NFTs are a type of digital asset designed to show someone has ownership of a unique virtual item, such as online pictures and videos or even sports trading cards. In March, South Carolina-based graphic designer Beeple, whose real
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NFTs and DeFi are coming together on a launchpad tokenizing creative work
- 15/06/2021
- Posted by: VuTrades
- Category: Blog
Combining NFTs and DeFi, a launchpad will support creative artists, coders, and inventors seeking to monetize their intellectual property. A new project is bringing NFTs and DeFi together to build a launchpad that will help creative artists and inventors tokenize their intellectual property and raise funds on a single platform. Built on the Binance Smart
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What Is an IEO?
- 10/06/2021
- Posted by: VuTrades
- Category: Blog
Initial coin offerings have lost their appeal in recent years — instead, many crypto projects have started raising funds using an initial exchange offering.Known as an IEO for short, this is where a cryptocurrency exchange oversees the token sale. The benefits are clear: blockchain projects go through a comprehensive vetting process where their white paper
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The Breakthrough of DeFi
- 02/06/2021
- Posted by: VuTrades
- Category: Blog
The traditional finance world is plagued with issues that have made more people embrace the decentralized finance realm. A crucial factor is inflation, which forces the funds kept in bank accounts to lose value. Centralization comes with other issues like bureaucracy, abrupt changes of rules, the middleman factor, and so on. With the coming of
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Cops Stumble on Bitcoin Mine in Hunt for U.K. Cannabis Farm
- 01/06/2021
- Posted by: VuTrades
- Category: Blog
When British police raided a warehouse, they were expecting to find a cannabis farm. Instead they found banks of computers illegally siphoning the electricity needed to mine for Bitcoin. Cops in West Midlands, England seized around 100 computer units that were working to bypass the local power grid. They discovered the warehouse after sending a
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Top 3 NFT Projects on Binance Smart Chain
- 01/06/2021
- Posted by: VuTrades
- Category: Blog
The demand for non-fungible tokens (NFTs) keeps growing on Binance Smart Chain (BSC). The blockchain’s speed and low transaction fees make it very attractive for both users and developers. On BSC, Battle Pets, PancakeSwap, and BakerySwap have all pushed further the limits of what an NFT can do. Both Battle Pets and BakerySwap combine collectibles with Decentralized Finance (DeFi) staking for
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