SNX

The COVID-19 Situation and Blockchain The COVID-19 Pandemic has, in many ways, left the world gasping for breath. The pandemic has brought global lockdown, stock market crash, unemployment highs, and economic fluctuations. Because of the severity of the Corona Virus, authorities deemed it best to take such drastic measures to better humanity. But the blockchain industry, for better or worse, has found itself in a niche that remained almost entirely unaffected by the offset the pandemic has brought. Bitcoin, the…

One of the biggest waves in the cryptocurrency world is synthetic assets. Given that there are always new exchanges coming up every day, it is plausible to have one dedicated to these assets.  Synthetix is one such exchange that lets users trade and mint decentralized synthetic assets. Through the platform, users also get on-chain exposure to any asset. This article will take an in-depth look at the relatively new platform and its offerings.  What is Synthetix? Before looking at the…

The Bitcoin halving is just around the corner, and the cryptocurrency market seems to emerge scarred but undefeated from the COVID-19 crisis. Other financial markets cannot claim a sweeter victory. If there were a good year for investing in cryptos, 2020 would have to be it. The world of cryptocurrency has been waiting a long to achieve mainstream endorsement. Its volatile character has so far put many investors off. However, the following months might show even the most skeptical investors…