Beginner's Guide to NFTs: What Are Non-Fungible Tokens?
WEBJan 12, 2022 · Non-fungible tokens (NFTs) are cryptographically unique tokens that are linked to digital (and sometimes physical) content, providing proof of ownership. They have many use cases, including artwork, digital collectibles, music, and items in video games. Cryptocurrencies, utility tokens, security tokens, privacy tokens… digital assets and ...
DeFi: The Ultimate Beginner's Guide to Decentralized Finance
WEBJan 20, 2021 · Decentralized finance, or DeFi, sits at the white-hot center of the recent crypto bull run.. DeFi is crypto’s big thing at the moment, a little like how Initial Coin Offerings (ICOs) were all the rage back in 2017. Back in June 2020, just $1 billion was locked up in DeFi protocols, according to metrics site DeFi Pulse.By January 2020, …
News - Decrypt
WEB1 day ago · Law and Order. Florida Man Hit With 47 Years in Prison Over Violent Home Invasions to Steal Bitcoin. A Florida man was sentenced to 47 years in prison last Wednesday for orchestrating a series of home violent invasions targeting owners of Bitcoin and other cryptocurrencies, stealing $3.5 million through brute force and SIM-swapping …
Bitcoin News Today - Decrypt
WEBBitcoin News. Bitcoin (BTC) is a peer-to-peer cryptocurrency, originally described in a 2008 paper by the pseudonymous Satoshi Nakamoto. Launched in January 2009, it was the world’s first cryptocurrency, and remains the most popular, with the highest market capitalization of all cryptocurrencies. Bitcoin was built on several key innovations.
What Is Decentralized Finance (DeFi)? - Decrypt
WEBDec 8, 2021 · In Brief. DeFi, shorthand for “decentralized finance,” is a catchall term for a group of financial tools built on a blockchain. The idea is to allow anyone with internet access to lend, borrow and bank without going through middlemen. DeFi is one of the fastest growing areas of the blockchain and decentralized web space.
What Is Tokenization? - Decrypt
WEBJul 26, 2023 · It’s a slow and cumbersome system—and one that often lacks sufficient transparency to prevent fraud and other forms of corruption. Tokenization, while not without its own faults and regulatory hurdles, offers a radical new way of thinking about asset management—a reimagining of what is possible in the financial and technological world.
What are Decentralized Apps (Dapps)? - Decrypt
WEBApr 29, 2022 · What is a dapp (decentralized application)? AD. Dapps are decentralized apps. They are like normal apps, and offer similar functions, but the key difference is that they are run on a peer-to-peer network, such as a blockchain, using smart contracts. As dapps are decentralized, they can’t be controlled by a single person or entity.
XRP News Today - Decrypt
WEBXRP News. XRP is a cryptocurrency designed to facilitate transfers between financial institutions. Ripple, the project behind XRP, differs from both Bitcoin and Litecoin in several key aspects: it relies on sale as opposed to mining as a means of freeing up new currency, and its transaction speeds are of a different order of magnitude (nearly ...
What is Distributed Ledger Technology (DLT)? - Decrypt
WEBJan 21, 2019 · DLT stands for Distributed Ledger Technology. A distributed ledger is an online record of data and transactions. It is similar to the databases we highlighted above, except data is stored in multiple places at the same time. DLT is the collective name given to any technology which uses this kind of system.
Dogecoin News Today - Decrypt
WEBDogecoin News. Dogecoin was originally conceived as a joke to poke fun at the crypto industry, based on the popular “doge” Internet meme. Launched in 2013 amid a mass proliferation of altcoins, it quickly gained an ardent following on Reddit and beyond, and hit a market cap of nearly $2 billion during the January 2018 crypto craze.