Cryptocurrency
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Crypto Shilling: What Is It?
Shill is a person with a financial interest in the profitability of the cryptocurrency, which is paid to promote any project. The majority of shitcoins require shilling in order to maintain the FOMO cycle and create the appearance of value. In social media, shills get enormous audiences either by buying traffic or working together with other shills. Shill is an underhanded promotion of a project by a person of position…
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NFT Blockchains: What Are Your Options?
The Ethereum blockchain is undoubtedly the king of NFT. In 2021, it rapidly became the most buzzing and trafficked blockchain for Non-Fungible Tokens (NFTs). However, numerous other blockchains are mounting in popularity among crypto-artists and NFT collectors due to Ethereum’s high transaction costs and environmental impact. People have been searching for new places to mint or trade their NFT that offer lower fees and a greener alternative than Ethereum. To…
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The Ethereum Universe has Deadline For The Shanghai Update
Ethereum developers have set March 14 as the deadline for activation of the Shanghai upgrade on the Goerli test network. The upgrade on the main network, which will allow operators to withdraw deployed ETH, is scheduled for the second week of April. Previously, this last phase was scheduled for March. The Latest Update Is Postponed Until April The latest update of Ethereum, which allows the redemption of Ether blocked for…
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What Are The Working Fundamentals Of Simplified Payment Verification (SPV)?
The SPV (Simplified Payment Verification) client is used to seek evidence in the Merkle Tree that payments are included in the blockchain. It is a client that verifies blockchain transactions and downloads block headers. In this post, we attempted to explain Simplified Payment Verification as well as terms like Full Node, Light Node, and Merkle Tree. What is Merkle Tree and Light Node The Merkle Tree is a type of…
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An Introduction to Merit Circle Token: What You Need to Know
In the ever-evolving world of cryptocurrency, new coins and tokens are regularly introduced. One of the more unique tokens that have gained attention in the crypto community is Merit Circle (MC) Token. In this article, we will introduce Merit Circle Token, including what Merit Circle Token is, which stock exchange it is listed on, information about the Merit Circle project and whitepaper, and market information about the MC coin. What…
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What is the NEAR Protocol? and How Can You Benefit From It?
NEAR Protocol is a blockchain platform designed to enable developers to build decentralized applications (dApps ) that are scalable, secure, and usable. The platform uses a unique approach to consensus called “Nightshade ,” which allows it to process transactions in parallel and achieve high throughput while maintaining low latency. NEAR Protocol is open-source and community-driven, and its architecture is designed to support the creation of decentralized applications that mainstream users…
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Ethereum Technical Analysis: New Day Started With Hard Selling
After the news of the bankruptcy of Silvergate Bank spread, the sales of Bitcoin also affected Ethereum. Performing better than all other coins, including Bitcoin, yesterday, Ethereum has accompanied the complex sales at night. Ethereum, which traded above the averages yesterday, has broken the EMA5 and EMA21 levels with this sale. Ethereum, which started the day at the $ 1665 level, closed at $ 1648 with a decrease of 1.04%…
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Bitcoin ATMs Are Going Offline: Nearly 400 Machines Were Affected By The Bear Market In Just Two Months
Each month from December 2020 to January 2022, more than 1,000 cryptocurrencies and Bitcoin ATMs were set up. But one of the key infrastructural pillars for the widespread use of cryptocurrencies, crypto ATMs, has experienced a significant decline this year. The number of deployed Bitcoin ATMs decreased by 412 devices in the first two months of 2023. Millions of customers throughout the world have access to smooth crypto-fiat conversions thanks…
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What is Cousin Kusama (KSM)?
Kusama is an experimental blockchain platform that aims to provide developers with a broadly interoperable and scalable infrastructure. It describes itself as “Polkadot’s wild cousin”. Kusama is based on Parity Technologies’ Substrate, a blockchain development toolkit. Kusama and Polkadot, one of the most successful interoperable blockchains, have nearly identical code bases. Rapid applications deployed on Kusama gain access to a highly scalable, interoperable, granular network with features that Polkadot does…
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Securitization of NFTs is Being Discussed in The United States
The number of NFT and metaverse cases is increasing in the United States. Although there is an economic value at stake, the existence of security interests (especially NFTs) has been debated for some time. The Attorney General of the United States has stated that “it would be absurd to treat NFTs as securities. This statement sparked a great deal of debate. When Did The Debate Over NFTs Begin? In response…
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