DeFi – A new fintech business idea

Short for “Decentralized Finance”, DeFi is decentralized finance. It is a broad concept that encompasses all disruptive technology that removes the need for intermediaries in financial applications. In addition to Bitcoin, the blockchain brought several possibilities for innovation, allowing not only the tokenization of practically everything, but also the decentralization of processes such as loans […]

How to Spend Bitcoin and Other Cryptocurrencies

Introduction: Bitcoin and other cryptocurrencies are, to say the least, intimidating for the US average. Investing in these currencies – which are not currencies – may be fascinating. But they’re costly to spend, too. It’s a little cheaper to pay, though. It could also take many days for all Bitcoin, Ethereum, or other cryptocurrency transfers […]

Inflated volumes in Cryptocurrency Exchanges

Just a few months ago, a very controversial document was released to the public. Bitwise’s 104-page research on cryptocurrency exchanges shook the waters of the crypto community. In the document, the experienced authors used analysis methods to uncloak to analyze the deliberate inconsistencies linked with trading volumes. Their findings were disappointing for the crypto community […]

4 Ways AI is Transforming Crypto Industry

Artificial Intelligence (AI) has been a revolutionary trend across all industries and sectors. Even though it’s still in early development per se, that didn’t prevent AI from gaining access to various systems and processes. Any industry that embraced AI claims that this technology is the next step towards greater improvements and innovations. Even the cryptocurrency […]