Liquidity Provider (LP) tokens have grown to be essential assets in the rapidly advancing ecosystem of decentralized finance (DeFi). They are required for the seamless functioning of decentralized exchanges (DEXs) and other DeFi lending platforms. This article aims to demystify LP tokens for beginners, explaining their functionality, benefits, and risks,...
Alright y’all, real talk on this so-called NFT comeback. A 10% increase in sales volume to $127 million last week. Headlines are blaring “rebound,” “bull market,” and perhaps a dash of “I told you so!” But hold on a second before you start remortgaging the homestead to purchase imaginary felines....
With the NFT market recently experiencing one of its biggest comebacks yet, NFT investors, traders, and collectors are all feeling the excitement of this booming market. Recent data shows a significant boost in sales and active buyers highlighting the market’s interest in digital collectibles once again. This is a piece...
Immutable’s recent lead in NFT sales, outselling even Ethereum some weeks, is more than a headline. It’s an exciting, hopeful picture of a future in which blockchain technology gives more power to creators and communities outside of Africa. Is Africa really ready? More importantly still, are we prepared for Africa’s...
Immutable's recent surge past Ethereum in weekly NFT sales is more than just a metric. It's a potential seismic shift – especially for Africa. We're not just talking about jpegs anymore; we're talking about empowerment, opportunity, and a chance for Africans to define their own digital future. Can you feel...
So Immutable really did flip Ethereum in weekly NFT sales. Cue the champagne, right? Not so fast. As exciting as the headlines may be blaring with “Ethereum Killer”, let’s pump the brakes and add in a touch of reality here. This isn’t a coronation, to be clear — it’s better...
Liquidity mining has grown into one of the most important components of the Decentralized Finance (DeFi) ecosystem. It enables participants to be rewarded for providing their assets into liquidity pools. It can be a little intimidating for newcomers at first. Realistically demystifying it into familiar concepts shines a light on...
A cyberattack has targeted Pepe NFT projects associated with Matt Furie, creator of the original Pepe the Frog character. According to reports, this attack was orchestrated by North Korean hackers, leading to losses totaling more than $1 million. Beyond this NFT-based focus, the breach is a jarring wake-up call for...
Meme tokens mostly live by the sword of virality and a dedicated community. A dark security cloud has recently reared its ugly head to shake this dynamic ecosystem. One North Korean hacker, or perhaps several, has made off with more than $1 million. Their bad faith efforts zeroed in on...
Is liquidity mining the gateway to decentralized finance for Africa, or a siren song tempting naive investors to unsafe shores? Let's be real – the answer, like most things in life, isn't a simple yes or no. This equation is filled with world-changing potential. At the same time, it poses...