Explainers

How Crypto Transforms Prediction Markets

Prediction markets are speculative platforms where traders can place bets on the outcome of future events, such as “Will Joe Biden win the 2024 presidential election?”. If their bet was correct traders earn money but if they are wrong they lose the wagered amount. Users obviously want to make money from these markets, which include …

How Crypto Transforms Prediction Markets Read More »

What Is a Flash Loan?

A flash loan is relatively new type of uncollateralized lending that has become popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines recently because they have been used to exploit a number of vulnerable DeFi protocols, leading to millions of dollars in losses. …

What Is a Flash Loan? Read More »

WallStreetBets Reddit Group: What Is It?

A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The group “r/Wallstreetbets” (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly speculative trading ideas and strategies. Described as “like 4chan found a Bloomberg Terminal,” the community has caused huge disruption to financial markets this week. On …

WallStreetBets Reddit Group: What Is It? Read More »

El camino de Ethereum hacia los USD 2.000: tres razones para ser optimista

Ethereum, la criptomoneda con la segunda capitalización más grande del mercado, alcanzó un nuevo máximo histórico al alcanzar los USD 1.439,33 el 25 de enero. Es la primera vez que este activo digital supera el techo de los USD 1.400 desde el 13 de enero de 2018, y sus retornos acumulan un 76% en lo …

El camino de Ethereum hacia los USD 2.000: tres razones para ser optimista Read More »

Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin?

The entrepreneurial mayor brings his recruitment of tech talent to the crypto space with the potential of a 1% investment of the city’s reserves into BTC. This episode is sponsored by Nexo.io. Download this episode Today on the Brief: Initial jobless claims grow the most since March Biden unveils emergency relief plan Fed Chair Powell …

Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin? Read More »

What Is Proof-of-Stake?

Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to make the platform more scalable …

What Is Proof-of-Stake? Read More »

What Are Stablecoins?

A “stablecoin” is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price. Cryptocurrencies such as Bitcoin and Ethereum offer a number of benefits, and one of the most fundamental is not requiring trust in an intermediary institution to send payments, which …

What Are Stablecoins? Read More »

What Is XRP, and How Is It Related to Ripple?

XRP is a digital currency which is issued and partly managed by Ripple Inc. a payment solutions company that also manages the RippleNet cross-border payment network. Ripple began selling XRP in 2012, though the company has turned its attention away from the digital currency and toward its cross-border payment network in recent years. How does …

What Is XRP, and How Is It Related to Ripple? Read More »

What Is a CBDC?

CBDC stands for “central bank digital currency,” a new type of currency that governments around the world are experimenting with. What sets a CBDC apart from established currencies is that proponents hope it can use new payment technology, typically a blockchain, to potentially increase payment efficiency and lower costs. This new type of currency is …

What Is a CBDC? Read More »