Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
The Best Metaverse Projects to Keep an Eye on in 2023
Metaverse is now becoming the talk of the town. Ever since Mark Zuckerberg's revelation about Facebook and other platform moving towards the metaverse, people are eyeing the fantastic opportunities that come with it. The new projects based on virtual reality and other technologies allow different experiences. As Facebook embraces the metaverse, it will launch new projects that combine the concepts of VR, cryptocurrencies, and other things. 2021 and 2022 were the years of NFTs and Defi; will we see a rise…
3 years ago
Hyperledger Fabric – What Is It and How Does It Work?
The cryptocurrency world continues to see new developer ideas enter the market. Today, we will simplify a technical aspect: Hyperledger Fabric technology. Any reader interested in learning about the most complex aspects of the topic can refer to the official documentation. This article will analyze this system's main elements, highlighting important criticisms in the sector. Understanding Hyperledger Fabric Let's start, first of all, by understanding the origin of the instrument name: Hyperledger is an open-source distributed ledger system. A group…
3 years ago
SegWit (Segregated Witness) – What Is It and How Does It Work?
From Satoshi Nakamoto's historic whitepaper to modern times, cryptocurrencies have changed a lot. This sector has brought about a real revolution in the world economy in just under ten years. Only some people know that the algorithm created following Nakamoto's paper has undergone several changes over time. This software (known as "Bitcoin Core") has shown more rigidity than many modern blockchains. For this reason, analyzing one of its significant changes over time is an exciting aspect. Therefore, this article will…
3 years ago
Is Cryptocurrency Anonymous?
How blockchains and cryptocurrencies handle investor data is a topic of great interest in the market. The data-encryption layer of a blockchain is one of the mechanisms that attract traders the most. However, there is an essential difference between encrypting users' data and providing transaction anonymity. How can a system guaranteeing perfect traceability of transactions achieve excellent privacy protection? This article introduces and explores the topic of crypto anonymity with some practical, real-life examples. The original Bitcoin idea Before better…
3 years ago
Top 5 Play-To-Earn (P2E) Tokens to Invest In 2023
Contrary to naïve misconception, video games are no longer limited to traditional content creators or e-Sport athletes. Instead, through P2E or play-to-earn, gamers can monetize their actual playing time by buying or selling in-game NFTs. When the average gamer completes objectives, the exchange of crypto rewards comes into play. You may not be aware of it, but many people got into NFTs and crypto through play-to-earn games. So it is hard to separate P2E gaming without bringing NFT into the…
3 years ago
How SolidProof Ensures Transparency and Security through Audit and KYC Systems
Solidproof is among the most trusted blockchain security and smart contract auditing companies in the crypto market today. The Germany-based company aims to fix the security and transparency issues smothering the crypto space. But, unfortunately, as the industry attains more progress, so do the opportunities for bad actors to victimize honest investors. According to a yearly report on crypto crimes by Chainalysis, $14 billion of all transactions in crypto in 2021 were associated with scams or money laundering. These figures…
3 years ago
What Is a Bitcoin Node? A Guide for Beginners
How to evaluate the security of a cryptocurrency? One could easily claim that secure cryptos must run on a secure blockchain. However, this theoretical statement can have complex applications in the real world. One way to look at the matter is by connecting security to validation. Every blockchain must have a suitable transaction validation mechanism. When it comes to blockchain validation, we generally mention nodes. Today we will talk about Bitcoin nodes. The article aims to explain a very technical…
3 years ago
Top DeFi Tokens To Invest In 2023
DeFi, or decentralized finance tokens, continue to be the center of attention in the crypto realm. As a result, many individuals have started to make the most out of DeFi coins. After all, DeFi coins make it possible to address outdated issues in the financial sector. The truth is that DeFi coins have had consistent demand, and this trend continues to head in an upward direction. But once you’re interested in investing in decentralized finance, choosing the “right” DeFi token…
3 years ago
How does a Replay Cyber Attack Work?
The replay technique is among the many attacks that have made hackers rich over the years. The phenomenon was born before the invention of cryptocurrencies and has grown recently. This article will deal with various aspects related to the topic. First of all, it will be helpful to understand how a typical replay cyber attack works. Secondly, we will focus on how a criminal can use this technique in crypto. There are several user protection techniques, and every reader must…
3 years ago