Compound interest refers to the interest applied to a loan or deposit amount. It is one of the most commonly used financial concepts in our daily lives. Compound interest means that both the principal amount and the interest earned during each period are added together. In contrast to simple interest, compound interest can significantly boost your returns over time.
Artificial Intelligence (AI) is defined as systems that can reason, learn, and act autonomously. As one of the most popular technologies today, AI is used in various applications, including natural language processing, machine learning, and robotics.
Announced in May 2022, the Bedrock Upgrade is the first official release of OP Stack, a set of free and open-source modular components of the Optimism network scheduled for Q2 of 2023 to power Optimism. The Optimism team announced on Twitter on May 15 that the network will be down for an estimated 2 to 4 hours on June 6, 2023, with the Bedrock Upgrade taking place. According to the posts, deposits and withdrawals will not be made3 on the day of the upgrade, and the progress of the OP Mainnet blockchain will also be halted.
Bitcoin Pizza Day commemorates the first real-world Bitcoin transaction, which took place on May 22, 2010.
Cryptocurrencies are financial assets based on Blockchain Technology, which are mostly decentralized and have many features to function in many areas, have emerged primarily as a solution to the cumbersome nature of traditional finance. The price movements of cryptocurrencies can occur over a wider range in a shorter period of time compared to many financial products.
For centuries, money has been an asset used as a medium of exchange, a a unit of measurement, and a store of value. Money is used as an intermediary between production and consumption. People sell the goods that produce and services they provide for money and earn money in return, and they buy other goods and services with that money. Money is necessary for the operation of economic activities. Money is also a key element of economic growth. When used as a medium of exchange, money is also used as a unit of measurement to measure the prices of goods and services. Money is a measure of the amount that can be paid for any good or service.
dYdX is a protocol that operates within the decentralized finance (DeFi) ecosystem, established in 2017. It runs on the Ethereum blockchain and stands out from its competitors due to its ability to conduct derivative transactions. The protocol operates in a decentralized manner, with all transactions carried out through smart contracts.
Compound is a decentralized finance (DeFi) protocol that runs on the Ethereum blockchain. The platform is also compliant with the Ethereum ERC-20 standard. It enables users to borrow or lend cryptocurrency assets by providing a specific collateral.
Lido DAO is a decentralized protocol that emerged as a new step in the Ethereum community's efforts towards decentralization. Lido offers solutions for users who want to earn passive income through staking. Lido DAO is a decentralized protocol created in March 2020 with contributions from many developers and participants. The management of the protocol is carried out through the votes of LDO token holders.
Curve is a platform in the decentralized finance (DeFi) ecosystem, which operates using the ERC-20 token standards on the Ethereum blockchain. It can be used in various DeFi applications such as liquidity pools and payment protocols.
Uniswap is a decentralized exchange (DEX) platform based on Ethereum. It was launched in 2018 and it executes transactions using an automated market maker (AMM) protocol. Uniswap conducts transactions through liquidity pools. These pools allow users to exchange one asset for another. One of the most important features of Uniswap is that it does not require any permission.
Solana Network was founded by Anatoly Yakovenko in 2017. Its most notable feature is its transaction speed. The network has the capacity to process an average of 65,000 transactions per second, meaning that Solana is capable of executing transactions almost instantly.
In his speech at the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Wyoming on 25 August, Fed Chairman Jerome Powell pointed out that inflation remains high, although they are optimistic about inflation coming down.
The central banks of more than 100 countries are actively evaluating digital currencies in all aspects. We have compiled the stage of CBDC studies in some countries.
On July 13, 2023, Thursday, Judge Analisa Torres of the Southern District of New York reached a significant stage in the long-standing Ripple case involving the U.S. Securities and Exchange Commission (SEC). The ruling in the Ripple case concluded that Ripple's XRP token sales to institutional investors directly violated SEC rules, while the offers made to retail investors on exchanges did not. This decision was seen as a victory for the crypto ecosystem.
Token unlocks are significant developments in the cryptocurrency ecosystem. Locked tokens cannot be traded in any way. However, thanks to token unlocks, locked tokens become tradable.
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, the company behind XRP, and its two executives in December 2020, alleging that the company conducted an unregistered securities offering by selling XRP worth $1.3 billion.
The U.S. nonfarm payroll data refers to the monthly employment report released by the U.S. Bureau of Labor Statistics (BLS). This report provides information on the total number of paid employees in the country, excluding farm workers, private household employees, and nonprofit organization employees.
The minutes of the most recent FOMC meeting will be released on July 5, 2023. The conclusions that can be drawn from the minutes will have a direct impact on the cryptocurrency ecosystem. Whether the Fed will continue to raise interest rates, as well as the Fed’s view on inflation and the course of the economy will become much more evident after the minutes are released. Let’s take a closer look at the documents and outcome of the FOMC meeting.
Ocean Protocol is an open-source protocol built on the Ethereum blockchain. Its primary purpose is to provide businesses and individuals with a service to exchange data and data-related services. The protocol utilizes 'data tokens' to enable data owners to control access to their datasets. Data owners can monetize their data by receiving these tokens from users who want access to the datasets.
Band Protocol (BAND) is a cross-chain data oracle platform founded in 2017. The platform collects real-world data and combines it with APIs and smart contracts to enable on-chain and off-chain data exchange for decentralized applications (DApps). Initially, Band Protocol was built on the Ethereum (ETH) blockchain. However, in June 2020, it transitioned to the Cosmos network to reduce gas fees and optimize costs. In essence, Band Protocol acts as a bridge between real-world data and blockchains.
Marlin is a protocol built on the Ethereum network, where the accuracy of smart contracts is ensured by the Ethereum validator network. Founded by Siddhartha, Prateesh, and Roshan, Marlin is an open-source protocol that provides a high-performance, programmable network infrastructure for DeFi and Web 3.0. The native token of Marlin is called POND. The Marlin project aims to offer users an advanced version of Web 2.0 and promises to enhance the performance of decentralized applications by ensuring that users do not face any difficulties while using Web 3.0. With its decentralized infrastructure, strong emphasis on scalability, and privacy, the Marlin project stands out as a remarkable endeavor.
Mantra is a platform vertically integrated and dedicated to providing decentralized finance (DeFi) services to users. Built on the RioChain blockchain, the platform aims to establish connections with the Polkadot blockchain. In addition to offering DeFi services, Mantra embraces the Web3 concept and aims to be a part of the ecosystem in this domain.
The Graph (GRT) is a protocol like IPFS and Ethereum that provides a decentralized service for indexing and querying blockchain data. Users can create an open API called SubGraph or Alt Graph. The native token of the platform is GRT.
Shiba Inu (SHIB) is a cryptocurrency created in August 2020 by an individual or group named Ryoshi, whose identity remains a mystery. This Ethereum-based cryptocurrency, named after the Shiba Inu, a dog breed originating in Japan, has been dubbed the "Dogecoin killer" and is seen by the market as an alternative to Dogecoin (DOGE). SHIB, an ERC-20 token, is the native token of the Shiba Inu network. Users can earn interest by participating in liquidity pools and depositing their tokens into ShibaSwap's SHIB pool. Moreover, the Shiba Inu team is currently developing a metaverse project called “SHIB: The Metaverse”. SHIB holders can buy land within this metaverse, acquire NFTs, and interact with other tokens. The mascot of Shiba Inu is the Shiba Inu dog, which has become a symbol of the community. The token is often referred to as “memecoin” on the platform's official website.
Orchid is a network that provides a global decentralized Virtual Private Network (VPN) service. Orchid describes itself as the world's first subsidized private network. The project brings together those who want to buy bandwidth and those who want to sell it. OXT is used to purchase bandwidth on Orchid to surf the internet privately, users only pay for what they use. Instead of using a single centralized VPN provider, users who want to surf the internet privately and securely at any time can log in to Orchid and be paired with a high-quality and reliable VPN provider.
South Korea-based game publisher Neowiz announced that IntellaX, the company's Web3 division, will create games on the Avalanche blockchain.
US-based payment giant Visa has announced new pilot programmes for stablecoin swaps. Transactions planned to be carried out through VisaNet will be carried over Solana and Ethereum blockchains
US Securities and Exchange Commission (SEC), ; Invesco, Valkyrie, WistomTree, VanEck, Bitwise, Fidelity, BlackRock spot Bitcoin ETF decisions postponed to October.
The Hong Kong branch of Switzerland-based cryptocurrency-friendly SEBA Bank has received an approval in principle from the Hong Kong Securities and Futures Commission (SFC) to offer virtual asset trading services in the jurisdiction.
According to Etherscan data, DEX aggregator 1inch withdrew USD 40 million worth of cryptocurrencies from its investment fund and purchased USD 10 million worth of Ethereum (ETH) at an average price of USD 1650 in the early hours of 28 August.
BlackRock, the world’s largest asset manager, is increasing its commitment to Bitcoin by investing in the top 5 Bitcoin mining companies.
Major events of cryptocurrencies listed on Bitexen that will take place in July.
Major events of cryptocurrencies listed on Bitexen that will take place in June.
Major events of cryptocurrencies listed on Bitexen that will take place in May.
Major events of cryptocurrencies listed on Bitexen that will take place in April.
Major events of cryptocurrencies listed on Bitexen that will take place in March.
Major events of cryptocurrencies listed on Bitexen that will take place in February.