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Could Polymarket’s Rise Be the Start of a New Financial Market in DeFi?
Prediction markets are moving into the spotlight with Polymarket’s rapid rise. Prediction markets are designed to harness collective intelligence to forecast future events, ranging from elections to sports outcomes and even financial market trends. In essence, prediction markets allow users to trade “shares” in the outcomes of future events, with prices adjusting based on…
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Will Stablecoin Emerge as the New Settlement Layer for Payment?
In general, there are two paths to innovation. One is to build entirely new systems that disrupt existing frameworks, and the other is to upgrade legacy infrastructures. As the financial industry continues to embrace digital assets, stablecoins are emerging as a powerful alternative solution, that will potentially revolutionize payments and disrupt existing payment systems.…
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Metamask and Mastercard Launch Debit Card to Bridge the Gap Between Web3 and Web2
Despite the ongoing market volatility in the cryptocurrency space, the pace of innovation by builders has never slowed. Yesterday, Mastercard announced a partnership with MetaMask to launch a debit card, bridging the on-chain and off-chain worlds. 🤝 MetaMask, Baanx, and Mastercard As of early this year, MetaMask, a leading cryptocurrency wallet, boasts 30 million…
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“Ethereum: The World Computer”- Is The Dream Still Alive?
The past Tuesday, Ethereum ETFs were launched. For two consecutive trading days, the trading volume exceeded one billion, and market participants were blissful. Among all the marketing materials about Ethereum out there, my favorite has to be the introduction video released when it was officially launched. Shortly into the video it says: “Ethereum is…
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The Crypto Market Is Faltering, But Toncoin’s Ecosystem Is Thriving
A few weeks ago, ADA dropped out of the top 10 crypto list. Who replaced ADA? It is Toncoin – the layer one chain that is built on top of Telegram’s infrastructure. A Brief History of Toncoin Toncoin, originally known as the Telegram Open Network (TON), was conceptualized by the founders of Telegram, Pavel…
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Four Unique Operating Details of Telegram – The Mysterious Social Media Giant
Telegram, a messaging app that has grown to approximately 1 billion active users, takes a refreshing approach to growth. However, the behind-the-scenes operation of the company has been kept a secret. In a rare occasion, Telegram founder Pavel Durov accepted an interview with Tucker Carlson, revealing some unique details behind the door. It Has…
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From Liquid Staking to Liquid Restaking – EigenLayer
Today we are going to delve into the evolution from Liquid Staking Tokens (LST) to Liquid Restaking Tokens (LRT). Different from the 2021 – 2022 bull market, this bitcoin ETF-led bull run is often criticized for lacking technology innovations. LRT is undoubtedly an innovation that takes the most mind share this time around. Let’s…
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Financial Nihilism and The Rise of Memes
On Nov 20, 2023, a new dog coin was launched on Solana blockchain. Below is the launch tweet. It immediately received unwavering backing from the biggest Solana influencer Ansem. A tight-knit WIF community quickly formed around him. On Feb 3, 2024, the community even put a knitted hat on the famous Wall Street bull,…
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Onboarding Institutional-Grade Products to DeFi: Options
Today is 29th of February, 2024. Yesterday, bitcoin price broke $60k again. As someone who has been watching this industry closely for years, I can feel lots of emotions rushing to my head. Being part of something early is a truly magical experience. First, they want to crush you, then they want to join…
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Building The Future: A Look At The Latest Infrastructure Projects in Bitcoin Ecosystem
On January 10, 2024, all eleven Bitcoin ETFs were approved by SEC, opening a new chapter of digital assets. It also marked the official start of this bitcoin-fueled bull run. Unanimously, both traditional finance and crypto natives recognize that the Bitcoin ecosystem is one of the biggest opportunities this cycle. Despite Bitcoin being the…