Stories by Esat Dedezade
Galaxis Enhances Online Web3 Community Building with Dual Staking Programs
Galaxis—a Web3 platform for creators, celebrities, and brands to build and maintain “unstoppable communities”—has unveiled two new staking initiatives that promise to transform how members participate in and benefit from their digital communities. Providing self-sovereign digital spaces that operate independently of traditional social media platforms and centralized control, Galaxis’ infrastructure and digital membership cards underpin Web3 communities for prominent figures including Donald Trum...
Gate Crypto Card Promises 'Seamless' Crypto-to-Fiat Payments For EEA Users
Crypto users across the European Economic Area (EEA) looking to convert and spend their digital assets are in luck, with Gate Group’s Visa-backed debit card offering a “seamless” way to integrate cryptocurrency holdings with everyday transactions for most EEA users. Operating entirely in euros across the global Visa network, the Gate Group card offers more than a few benefits for crypto holders. Over 2,500 cryptocurrencies supported For starters, Gate Group has implemented a comprehensive reward...
What Is Yield Farming?
Yield farming involves lending cryptocurrency via, in most cases, the Ethereum network. By way of comparison, when traditional loans are made via banks using fiat money, the amount lent out is paid back with interest. With yield farming, the concept is the same: cryptocurrency that would otherwise be sitting in an exchange or in a wallet is lent out via DeFi protocols (or locked into smart contracts, in Ethereum terms) in order to get a return. Yield farming is normally carried out using ERC-20...
What Is Yield Farming? Beginner's Guide
Yield farming involves lending cryptocurrency via, in most cases, the Ethereum network. When loans are made via banks using fiat money, the amount lent out is paid back with interest. With yield farming, the concept is the same: cryptocurrency that would otherwise be sitting in an exchange or in a wallet is lent out via DeFi protocols (or locked into smart contracts, in Ethereum terms) in order to get a return. What Are ERC-20 Tokens, Gas, ETH? Ethereum's Architecture Explained Yield farming is...
Audius Review: Testing The Crypto-Powered Music Streaming Service
Audius is a San Francisco-based startup offering a decentralized blockchain-powered digital streaming network, with the aim of connecting artists directly to fans. Following its mainnet launch in 2020, the service has reached more than 6 million unique users. The platform also aims to hand control over music distribution and monetization back to the artists, addressing long-standing issues over how they're compensated on other music streaming platforms. Unlike other music streaming services l...
13 of the Biggest NFT Marketplaces
Non-fungible tokens (NFTs) have been around for a few years now, but 2021 was the year they exploded into the public consciousness. The cryptographically unique tokens represent a title of ownership over digital content such as art, music or videos—but it's the digital art scene that lit a fire under the NFT market, with record-breaking sales such as Beeple's $69 million auction at Christie's grabbing headlines the world over. Since then, enthusiasts have seized on one NFT craze after another, d...
The Ultimate Beginner's Guide to Cryptocurrency Exchanges
In the wake of the much-ballyhooed public listing of Coinbase, the crypto exchange has arguably become the closest thing to a household name in cryptocurrency. But many crypto-newcomers have been asking the experts at Decrypt: What are my other options if I'm ready to buy some coin? Who are Coinbase's competitors? We've put together a list of some of the leading crypto exchanges as a starting point. It's by no means comprehensive—there are literally hundreds of crypto exchanges, all serving diff...
Binance Review: Can the World's Biggest Exchange Still Cut It in 2021?
What is Binance? Design and UX Getting started Ease of use Fees Is Binance safe? Binance's battle with regulators What is BNB? Binance DEX Binance Card Verdict What is Binance? Launched in August 2017 by founder Changpeng "CZ" Zhao, it only took 180 days for Binance to become the largest cryptocurrency exchange in the world—a position it still holds to this day. With its users completing more than 1.4 million transactions per second, it’s a behemoth in the crypto world, with more than 500 cr...
The Hottest Decentralized Apps (Dapps): From DeFi to Games
It’s impossible to navigate today’s crypto space without coming across decentralized applications, or dapps. Like regular apps, dapps have a broad range of use cases: there are financial services, decentralized file storage platforms, and even games. Unlike regular apps, decentralized apps—as the name suggests—are built atop the decentralized infrastructure of peer-to-peer networks such as blockchains. That means no one entity or person has control of a dapp. Instead, it’s secured by an infrast...
The Top Decentralized Exchanges (DEXs) in 2021
Even if you’re relatively new to crypto, you may have bought or traded Bitcoin, Ethereum and other assets on a cryptocurrency exchange. Exchanges like Binance and Coinbase are some of the most successful businesses in the crypto space; Coinbase, one of the leading exchanges, went public in a direct listing earlier this year. Binance, Coinbase, Gemini, Kraken, and others are called "centralized exchanges," since one company operates them and reaps profit from operating them. The Ultimate Beginner...
Coinbase Review: Still The Best In 2021 For Bitcoin Beginners?
What is Coinbase? Coinbase is one of the largest and most well-known digital currency exchanges in the world. It’s widely considered to be one of the most accessible too, as it allows users to purchase crypto using fiat currencies. Coinbase has a slick, clean interface. Image: Coinbase Founded in San Francisco in 2012, Coinbase increased its assets under management from $35 billion in 2020 to $90 billion in 2021, and posted a Q1 2021 profit of $730-800 million. The exchange went public via a dir...
Brave Browser Review (2021): Earn Tokens While Browsing
What is Brave Browser? Design and UX Getting started with Brave browser How easy is Brave browser to use? Speed test Features, security, and privacy Brave browser wallet How to earn crypto Brave mobile Brave Today IPFS support Unstoppable Domains Verdict Do you remember the dark days of Internet Explorer? We do. In the face of its slow, buggy, and downright unpleasant interface, the arrival of alternative browsers like Firefox and Google Chrome was an absolute godsend. Now there’s a (relati...
Painting Binance as Nefarious Would Be 'Anti-Asian': Binance US CEO
Since its founding, Binance has been a corporate globe-trotter, moving its location from Malta to the Cayman Islands, and now, has no headquarters at all according to founder Changpeng Zhao. This has given rise to persistent questions about the legitimacy of Binance—questions that may reflect hypocrisy and an anti-Asian bias in the crypto industry, says newly-appointed Binance US CEO Brian Brooks. "To the Asian bias issue: I find it curious that somehow it's okay for a Silicon Valley-based tech...
Here Are the Biggest Celebrities Who Have Launched NFTs
Internet trends in the 2020s can be scary, confusing things. From viral TikTok mashups to music playlists with titles like “lofi hiphop beats to chill and have an existential crisis to," some say the modern world has become a minefield of Escher-esque curiosities. The latest craze to grip the world comes from the crypto space: non-fungible tokens, or NFTs. NFTs are blockchain-based assets that are provably unique thanks to identifying information recorded in smart contracts, and they've exploded...
FTX Review: A Crypto Derivatives Exchange For Seasoned Traders
If you’ve dabbled in the crypto space as a trader for a while now, then chances are you’ve used a fair few cryptocurrency exchanges. While there are many different options, from centralized offerings such as Coinbase and Binance, to decentralized exchanges (DEXs) like Uniswap and Binance DEX, FTX offers something rather different. What is FTX? Launched in May 2019, FTX is an exchange that was, in its own words, built by traders, for traders. The exchange itself is a cryptocurrency derivatives ex...
Kraken Review (2021): A User-Friendly Crypto Exchange With Staking
Launched in 2013, Kraken has grown to be one of the largest cryptocurrency exchanges in the world, standing alongside the likes of Coinbase and Binance. In this review, we explore its user-friendliness, and its features—including staking and futures trading. What is Kraken? Kraken is one of the largest and most well-known cryptocurrency exchanges in the world. Crypto enthusiast Jesse Powell began work on the exchange in 2011, prompted by a security breach at the Mt. Gox exchange. Deciding to tak...
Binance DEX Review: A Decentralized Exchange For Experienced Users
Launched in 2019, Binance DEX is a decentralized cryptocurrency exchange launched by, you guessed it, Binance. With over 100 active listed crypto assets available at the time of writing, the platform allows users to make trades on assets that are listed and issued on Binance’s very own blockchain, which is powered by the company’s Binance Coin (BNB). Currently, 29 countries, including the US, are blocked from using Binance DEX due to trading restrictions. What is Binance Coin (BNB) ? Before we d...
Binance Debit Card Review: Is This The Ultimate Crypto Card?
In the last year, crypto debit cards have taken off in a big way, with numerous exchanges launching cards that variously let you pay with crypto, or offer crypto rewards. Now Binance, the world's largest crypto exchange, has joined the fray. But is its new Binance Card the gateway to crypto that it promises to be? We put it through its paces. What is the Binance Card? The Binance Card is, perhaps unsurprisingly, a crypto debit card launched by Binance. Announced last March following the exchange...
MetaMask Wallet Review (2021): A Simple, Feature-Packed Crypto Wallet
What is MetaMask? Design and UX Getting started with MetaMask Is MetaMask safe? MetaMask mobile app DeFi and hardware wallet smarts Verdict In order to hold cryptocurrency, you’ll need a wallet. There are plenty of options available, but one of the most popular is the browser-based Ethereumwallet MetaMask, which also allows users to interact with decentralized apps (dapps). In our review, we’ll explore how to set up a MetaMask wallet, as well as running through its standout features. Is Meta...
The Best Bitcoin Wallets: Hardware, Software and Mobile
What is a Bitcoin wallet? What types of wallet are there? Hardware wallets Software wallets Mobile wallets If you're reading these words, congratulations—you are, or about to be, the holder of some Bitcoin. To do so, however, you’ll need a Bitcoin wallet to store it in—which is why you’re probably here. Working out which Bitcoin wallet is right for you can be a daunting undertaking; there are a lot of options out there, each with their own advantages and disadvantages. We've rounded up some...
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