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Tether Burning Events and Transparency Around Supply Changes

Tether (USDT) is one of the most widely used stablecoins in the cryptocurrency market. As a staplecoin pegged to the US dollar, Tether aims to maintain a 1:1 ratio between its circulating supply and the equivalent amounts held in bank reserves. This allows Tether to function as a dollar

By Albert Morgan Sep 5, 2023

News

The Growing Competition for Tether from Fiat-Backed Stablecoins Like USDC and BUSD

Stablecoins have become an integral part of the cryptocurrency ecosystem, allowing traders to hedge against volatility and transact quickly without needing to convert to fiat currency. Tether (USDT) has long been the dominant stablecoin with a market capitalization over $65 billion. However, competitors like USD Coin (USDC) and Binance USD

By Albert Morgan Sep 5, 2023

News

Tether Founders Brock Pierce, Reeve Collins and Craig Sellars: The Genesis of a Stablecoin Giant

Tether (USDT) has become one of the most widely used stablecoins in the cryptocurrency industry. With a market capitalization of over $70 billion, it is currently ranked as the third largest cryptocurrency. However, Tether did not achieve this success overnight. It took the vision and determination of its founders -

By Albert Morgan Sep 5, 2023

News

Tether Adoption and Usage Statistics by Region and Demographics

Tether (USDT) has become one of the most widely used stablecoins in the cryptocurrency market. As a major stablecoin pegged to the US dollar, Tether aims to provide price stability amidst the volatility of the crypto market. Understanding Tether’s adoption and usage across different regions and demographics provides valuable

By Albert Morgan Sep 5, 2023

News

Stablecoins on Ethereum like Dai and Their Use Cases and Risks

Stablecoins have become an integral part of the cryptocurrency ecosystem, especially on Ethereum. As their name suggests, stablecoins aim to maintain a stable value, unlike volatile cryptocurrencies like Bitcoin and Ether. This makes them ideal for use cases needing predictable, steady pricing like payments, lending, and accessing decentralized finance (DeFi)

By Albert Morgan Sep 5, 2023

News

Running a Validator Node on the Ethereum 2.0 Proof-of-Stake Network

Ethereum is transitioning from a proof-of-work consensus mechanism to a proof-of-stake consensus mechanism called Ethereum 2.0. This transition will enable Ethereum to scale, improve security, and become more energy efficient. An important part of Ethereum 2.0 is the role of validator nodes. Validator nodes are responsible for validating

By Albert Morgan Sep 5, 2023

News

Yield Farming on Ethereum DeFi Platforms

Decentralized finance (DeFi) has exploded in popularity over the last couple of years, with platforms like Compound and Aave leading the way. One of the most attractive features of DeFi is the ability to earn high yields on crypto assets through yield farming. But what exactly is yield farming and

By Albert Morgan Sep 5, 2023

News

NFT Marketplaces on Ethereum for Buying and Selling Digital Collectibles

Non-fungible tokens (NFTs) have exploded in popularity recently as a way to buy and sell digital artwork, music, videos, and more. Underpinning many of the most popular NFT marketplaces is Ethereum, the second-largest cryptocurrency platform behind Bitcoin. Ethereum's key role in providing the infrastructure for major NFT marketplaces

By Albert Morgan Sep 5, 2023

News

Paying with Ethereum for Goods and Services Using Payment Gateways

Cryptocurrencies like Ethereum are becoming increasingly popular for making payments online and in stores. Ethereum allows fast, low-cost, borderless payments between parties without any middlemen. While Ethereum is not as widely accepted directly as traditional payment methods yet, payment gateways now allow you to pay with Ethereum at millions of

By Albert Morgan Sep 5, 2023

News

The Importance of Decentralized Exchanges (DEXs) on Ethereum for Trading

Decentralized exchanges (DEXs) built on Ethereum allow for direct peer-to-peer cryptocurrency trading without an intermediary. DEXs have become increasingly popular as they provide more flexibility, security, and privacy compared to centralized exchanges. Let's explore why DEXs on Ethereum are so important for trading cryptocurrencies. No Centralized Authority Means

By Albert Morgan Sep 5, 2023

News

Security Tips for Storing Ethereum Safely in Hardware Wallets Like Ledger

Storing cryptocurrencies like Ethereum safely is crucial to protect your investment and prevent loss or theft. Hardware wallets like Ledger offer robust security features for maximum protection of your Ethereum and other crypto assets. In this article, we'll explore key tips for safely storing Ethereum in Ledger and

By Albert Morgan Sep 5, 2023

News

Install and Use MetaMask Wallet for Ethereum Decentralized Applications

Decentralized applications (dapps) built on the Ethereum blockchain allow for a new paradigm of software that does not rely on centralized servers. To interact with these dapps, users need an Ethereum wallet. MetaMask is one of the most popular and easy to use Ethereum wallets available. With just a few

By Albert Morgan Sep 5, 2023

News

The Pros and Cons of Ethereum Layer 2 Scaling Solutions Like Optimistic Rollups

Ethereum has become the most popular blockchain for decentralized applications (dApps), decentralized finance (DeFi) protocols, and non-fungible tokens (NFTs). However, its popularity has led to scaling challenges that cause high gas fees and network congestion. Layer 2 scaling solutions like Optimistic Rollups aim to address these issues by handling transactions

By Albert Morgan Sep 5, 2023

News

Cross-chain DeFi Strategies with Ethereum Sidechains like Polygon

Decentralized finance (DeFi) has exploded in popularity over the last few years, largely built on Ethereum. However, as Ethereum gas fees have risen, developers and users have looked to sidechains like Polygon to enable faster and cheaper transactions while still benefitting from Ethereum's security and decentralized features. This

By Albert Morgan Sep 5, 2023

News

Aptos's 0.09% Price Increase to $5.48: Key Insights for September 5, 2023

The price of Aptos's APT token saw a slight 0.09% increase over the past 24 hours to $5.48. While this may seem insignificant at first glance, analyzing the additional data provided reveals some interesting insights into the current state of the Aptos market. To start, Aptos

By Albert Morgan Sep 5, 2023

News

Cronos CRO's 0.08% Price Drop to $0.05012: Key Takeaways for September 5, 2023

The price of Cronos CRO has seen a slight 0.08% decline over the past hour, dropping from $0.05017 to $0.05012. Though a minor fluctuation, this continues the downward trend Cronos has been on over the past month and half-year. Let's take a closer look at

By Albert Morgan Sep 5, 2023
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