Crypto - Coinolly : Crypto News & Updation

How Ethereum is Fostering Innovation in Developing Countries

22Mar

By Alphonso BernierNo Comments

Blockchain, Crypto

How Ethereum is Fostering Innovation in Developing Countries

Introduction Ethereum is a blockchain platform that has the potential to revolutionize many aspects of society, including finance, governance, and social impact. One area where Ethereum is making a significant impact is in developing countries, where the technology is helping to foster innovation, improve transparency, and promote financial inclusion. Fostering innovation through blockchain technology Blockchain technology, which is the foundation of Ethereum, is inherently decentralized and transparent. This makes it an ideal tool for fostering innovation in developing countries, where traditional financial systems may be unreliable or corrupt. By using blockchain technology, developing countries can create new financial systems that are more secure, transparent, and efficient...

The Role of Cryptocurrency in the Fight against Corruption and Money Laundering

18Mar

By Alphonso BernierNo Comments

Crypto, Crypto News, Cryptocurrency, Cryptonews

The Role of Cryptocurrency in the Fight against Corruption and Money Laundering

Introduction Cryptocurrencies have been both praised and criticized for their potential to facilitate illegal activities such as corruption and money laundering. However, there is evidence to suggest that cryptocurrencies can also play a positive role in the fight against corruption and money laundering. In this article, we will explore how cryptocurrencies can help combat corruption and money laundering, as well as the challenges and risks associated with their use. Cryptocurrencies as a Tool for Transparency One of the key benefits of cryptocurrencies is their ability to provide transparency and traceability in transactions. Every transaction on the blockchain is recorded in a public ledger, which makes it possible to track the movement of funds from one address to another....

16Mar

By Alphonso BernierNo Comments

Blockchain, Crypto, Crypto News, Cryptocurrency, Cryptonews, Web3

Types of Decentralized Exchanges

Decentralized exchanges (DEXs) are a type of cryptocurrency exchange that operates in a decentralized manner, allowing users to trade cryptocurrencies directly with each other without the need for a centralized intermediary. There are several types of DEXs, each with its own unique characteristics and features. In this article, we will explore the different types of decentralized exchanges. Order-book based DEXs Order-book based DEXs operate similarly to centralized exchanges, where buy and sell orders are matched through an order book. These DEXs typically use smart contracts to manage the order book, which contains a list of buy and sell orders, and executes trades when the buy and sell prices match. One popular order-book based DEX is UniSwap, which is built on the Ethere...

What is Coin Burn In Cryptocurrency? Why Are Coins Burnt?

13Mar

By Alphonso BernierNo Comments

Crypto, Crypto News, Cryptocurrency, Cryptonews

What is Coin Burn In Cryptocurrency? Why Are Coins Burnt?

Cryptocurrency has introduced a lot of new concepts to the world of finance, and one of the more interesting concepts is "coin burn". Coin burn is a process in which cryptocurrency tokens or coins are purposely destroyed, usually by sending them to a public address where they cannot be accessed or retrieved. In this article, we will explore what coin burn is, why coins are burnt, and its impact on the cryptocurrency market. What is Coin Burn? Coin burn is a process that involves the permanent removal of a certain number of tokens or coins from the total supply of a cryptocurrency. This means that the coins that are burnt are effectively taken out of circulation and can never be used or traded again. The act of burning coins is usually done by sending them to an address that is ...

The Role of Cryptocurrency in the Future of eCommerce

1Mar

By Alphonso BernierNo Comments

Bitcoin, Crypto, Crypto News, Cryptocurrency, Cryptonews, Dogecoin

The Role of Cryptocurrency in the Future of eCommerce

Introduction to Cryptocurrency and eCommerce Cryptocurrency is a digital or virtual currency that uses cryptography for security. eCommerce refers to buying and selling products or services online. The use of cryptocurrency in eCommerce is becoming increasingly popular due to its benefits, such as faster transaction times and lower transaction fees. Benefits of Using Cryptocurrency in eCommerce Using cryptocurrency in eCommerce offers several benefits, such as increased security, faster transaction times, and lower transaction fees. Cryptocurrency transactions are also irreversible, reducing the risk of chargebacks and fraud. Challenges of Using Cryptocurrency in eCommerce Despite the benefits, using cryptocurrency in eCommerce comes with some challenges. One of the main challenges i...

Crypto Investment Platform, KoinBasket Launches its Demo Trading App

19Jan

By Alphonso BernierNo Comments

Crypto, Cryptocurrency

Crypto Investment Platform, KoinBasket Launches its Demo Trading App

The Singapore-based Crypto start up aims to accelerate mass adoption of crypto investing for the next billion users. Crypto investment platform, KoinBasket has launched its “Demo Trading App” that allows users to invest in cryptocurrencies without investing any real money. This new product aligns with the company’s vision and novel approach towards helping novice retail investors find their feet in the world of Cryptocurrency investment. Koinbasket lets newbie investors invest in diversified cryptocurrency portfolios and indexes in a hassle free manner. Thus, users need not worry about complex research, portfolio building and risk management, as KoinBasket has a team of veterans in the crypto space that does all the research work for them. It provides a one-stop investment solution f...

31Dec

By Alphonso Bernier82 Comments

Crypto

2022 Best Performing Agency

Marketing is crucial in the crypto industry, where competition is fierce and the stakes are high. With so many different crypto projects vying for attention and adoption, it's more important than ever to stand out and differentiate your brand. In this article we look into the winner of the 2022 - Best Performing Agency. According to a report by CoinDesk, companies in the crypto industry spent over $1 billion on marketing in 2022 alone. This trend is expected to continue as more and more companies seek to gain a foothold in the rapidly-growing crypto market. Throughout the year 2022, the market has seen a 1200% increase of new agencies entering the space. After 4 years of exemplary work in digital marketing, the 2022 Best Performing Agency award goes to Kryptonite Agency (http://www....

26Oct

By Alonzo CollinsNo Comments

Crypto

DK MOBILE : GENESIS Grand Opening!

An MMORPG game that anyone can play for free. The first on-chain game of ITSBLOC The gates will open at 26th of October, 5:00AM UTC. Please enter DK Mobile: Genesis as a Dragon knight to hunt monsters! About DK Mobile DK Mobile is an MMORPG work produced by the well-known game developer Ntrance. With the medieval fantasy world as the background, through exquisite 3D modeling and original storyline, players can become dragon knights to fight against evil forces and experience an immersive adventure experience. DK Mobile currently has three series, the first series "DK Mobile : Return of Heroes" has more than 1 million players worldwide since its launch in 2021. The second series, DK Mobile : The Origin, was launched in August 2022 and was also very popular with players with it...

Advantages And Types Of Crypto Trading From Beginner To Experienced

25Oct

By Alphonso BernierNo Comments

Crypto

Advantages And Types Of Crypto Trading From Beginner To Experienced

Suppose you’re looking for a safe, secure place to invest your money and are unsure about alternatives to traditional financing. In that case, cryptocurrencies offer a variety of ways to earn on your investments. One of the most significant advantages of crypto over fiat currency, like the dollar, is that crypto is decentralized, meaning that it isn’t under the regulatory control of a government or central bank and derives its value from the volume of trades that drives it the value of the crypto. For an investor, that means that crypto can operate independent of tactics designed by the central bank to lower inflation–but at a cost to the average investor. There are many different types of crypto trading, and below is a breakdown of the kinds of trading strategies for everyone,...

World’s First Investment Loan Protocol PAXO Finance Launches Alpha Mainnet on Polygon

21Oct

By Antoinette Turner3 Comments

Crypto

World’s First Investment Loan Protocol PAXO Finance Launches Alpha Mainnet on Polygon

BANGALORE, INDIA / ACCESSWIRE /October 21, 2022 / Paxo Finance, a decentralized money market protocol that eliminates the inhibiting barriers in Defi, allowing users to invest MORE with LESS, launches its Alpha Mainnet on Polygon. This is a huge milestone and a defining moment for Paxo Finance and crypto verse. Even at the depth of a biting crypto winter that has seen most digital assets drop by over 90 percent from their Q4 2021 peaks, Paxo Finance's protocol provides an unprecedented opportunity to buy crypto at the dip. Paxo Finance currently has one lending pool for liquidity providers to supply USDT. Lenders who provide liquidity will earn a variable annual percentage yield (APY). This APR will fluctuate depending on the market forces of supply and demand and the utilization ...