Understanding BUSD – The USD-backed stablecoin

Cryptocurrencies, unstable coins, are highly volatile. The prices of digital coins depend on demand. Speculations about the future of the coins affect their demand hence prices. Therefore, digital currencies may experience a dramatic shift in prices. Bitcoin, for example, cracked a record $63,000 mark in April 2021 before dropping to less than $30,000 about three months later. This kind of volatility may be advantageous to few winners who trade shots. However, it may be disadvantageous to average traders and even those who would want to hold their coins.

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Flamingo

Flamingo is a decentralized finance protocol (DeFi) that combines multiple DeFi applications under one ecosystem. These applications include a cross-chain blockchain asset gateway (wrapper), a blockchain asset vault, an on-chain decentralized exchange (Swap), a perpetual contract trading protocol (perp), and a decentralized autonomous organization (DAO).

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Pig Token

The Case of Pig Token Finance and Why It’s Causing Ripples in the Crypto Space

The growth of the cryptocurrency and blockchain industry can only be described as phenomenal. But while it was somehow predictable that cryptocurrencies would bring a lot of disruptions, especially after Bitcoin took off at the core global financial crisis, no one anticipated cryptocurrencies with crazy names and ideas could cause much disruption as they do today.

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Bitcoin Cash

Bitcoin Cash is a peer-to-peer (P2P) electronic cash system, much like Bitcoin, aiming to facilitate fast global money transfers at ultra-low costs and with high-level privacy. Bitcoin Cash is a fork of Bitcoin developed by a group of Bitcoin developers that split due to dissatisfaction over Bitcoin’s scalability direction.Thus, Bitcoin Cash’s high transaction capacity remains its most salient feature over Bitcoin.

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Polkadot

Polkadot is an open-source and heterogeneous platform that facilitates the trustless transfer of data or blockchain assets across diverse blockchains. Through Polkadot, many blockchains have become interoperable,making the web more decentralized and private. With this interoperability, Polkadot also aims to simplify the development of new apps, products, or institutions.

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