Category Archive: Cryptocurrency, No picture
The Top Five NFT Marketplace Alternatives to OpenSea
Key Takeaways OpenSea has become the home of NFT trading, but its various problems are leading users to seek out alternatives. LooksRare caused a storm when it launched with a token for active OpenSea traders last month. Coinbase NFT should also have a major impact on the space once it launches this year. OpenSea became […]
NFT Project Spotlight: Alethea AI, the Intelligent Train-to-Earn NFT Hub
Key Takeaways Alethea AI has created the world’s first intelligent NFTs. The project uses AI to bring NFT avatars to life. Owners can train their NFTs to earn rewards and participate in Alethea’s pioneering “train-to-earn” economy. Alethea AI is pioneering intelligent NFTs. Crypto Briefing sat down with the project’s CEO Arif Khan to learn about […]
Beginner’s Guide: How to Safeguard Your NFT Collection
Key Takeaways The NFT space has attracted many scammers and hackers as it has grown. Collectors should consider using hardware wallets to store valuable NFTs. Active NFT users should also exercise caution to avoid phishing attacks. Crypto Briefing shares a list of operational security best practices for safeguarding your NFTs. Security Tips For NFT Collectors […]
Opinion: Why Won’t Wikipedia Classify NFTs as Art?
Key Takeaways Wikipedia editors have removed NFT art by Pak from the site’s list of most expensive artworks by living artists. Editors state that they made the change because the work was sold fractionally and because of a lack of secondary sources. The decision has caused uproar in the NFT community with many prominent figures […]
A Beginner’s Guide to Fantom’s DeFi Ecosystem
Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including several decentralized exchanges and yield farming protocols. DeFi on Fantom looks set to continue growing, with several highly-anticipated launches on the horizon. Fantom is a Layer 1, Proof-of-Stake network with […]
How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022
Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital gains tax and income taxes are applied differently based on the nature of crypto transactions. Crypto Briefing brings you a comprehensive guide on calculating cryptocurrency tax liabilities for 2022. The Crypto Tax […]
DeFi Project Spotlight: Dopex, the Options Exchange Built for Simplicity
Key Takeaways Dopex is a decentralized options exchange that uses option pools to let anyone buy or sell options in a capital efficient and simplified manner. Its flagship product is Single Staking Option Vaults, which provide deep liquidity for option buyers and automated, passive income for option sellers. Dopex’s options contracts are ERC-20 tokens, meaning […]
Ethereum at 100,000 TPS: StarkWare Discusses the Future of Layer 2 Scaling
Key Takeaways StarkWare uses Zero-Knowledge Rollups to develop scaling solutions for Ethereum. StarkWare’s STARKs allow scaling to be completely trustless and can be deployed in either Rollup mode or Validium depending on the use case. Layer 2 projects like StarkWare could help Ethereum achieve 100,000 transactions per second with significantly reduced gas costs. StarkWare co-founders […]
What Is NEAR Protocol? The Sharded Layer 1 Blockchain Explained
Key Takeaways NEAR Protocol is a Layer 1 network that has implemented sharding to scale its transaction throughput. The network strives for accessibility and user-friendliness, abstracting away the technical side of blockchains. NEAR is working on interoperability with existing Layer 1 networks through its Ethereum-compatible Aurora Network. NEAR Protocol is a scalable, Proof-of-Stake network focusing […]
How Kazakhstan’s Energy Crisis Could Impact Bitcoin
Key Takeaways Electricity supply issues are making it harder for Bitcoin miners to operate in Kazakhstan. Recent civil unrest has also resulted in nationwide Internet blackouts, further damaging Bitcoin mining viability in the country. Some miners have started to leave Kazakhstan, eyeing the U.S as a more stable place to continue their mining operations. An […]
