Crypto News Guides

What is Starknet (STRK)? How does It Work? Complete Guides [2024]

Starknet is an Ethereum layer-2 scaling solution that uses a zero-knowledge rollup based on StarkWare Industry’s trustless “STARK” proof. Starknet is one of many layer-2 scaling solutions (L2s) for Ethereum. There are multiple approaches to increasing transaction speeds and decrease costs, but one of the most popular has become zk-rollups. Both commonly-found types of rollups—the other

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Crypto News Guides

What is Algorand (ALGO)? How Does It Work? Complete Beginner’s Guide[2024]

Algorand is a smart contract platform for building decentralized applications (dapps) created with the goal of solving the blockchain trilemma of decentralization, security, and scalability. Blockchain developers often aim to solve for the trilemma when building new protocols. To that end, the platform was created to handle up to 1,000 transactions per second with a

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Crypto News Guides

What is Aave (AAVE)? How Does It Work? Complete Beginner’s Guide[2024]

One of a number of emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow and earn interest on crypto assets, all without middlemen.  Running on the Ethereum blockchain, it instead is a system of smart contracts that enables these assets to be managed by a distributed network of computers running its software.  This means Aave

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Crypto News Guides

What is Jupiter (JUP)? How Does It Work? Complete Beginner’s Guide[2024]

Jupiter is one of the most popular platforms in the Decentralised Finance (DeFi) sector, on the Solana blockchain, and recently became the most popular DEX aggregator in the world. It has established itself as a significant liquidity aggregator, a role that involves pooling resources to ensure more efficient and effective token swaps, perpetual futures, and the management of

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Crypto News Guides

What is Bitget Token (BGB)? How Does It Work? Complete Beginner’s Guide[2024]

Bitget Token (BGB) is the native utility token of Bitget centralized exchange. This utility token introduces traders to a multitude of functions. It includes staking, social trading, sharing in profits, and accessing reduced trading fees. TL;DR As the cryptocurrency industry continues to evolve, utility tokens play a vital role in providing users with various advantages

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Crypto News Guides

What Is Ondo (ONDO)? How Does It Work? Complete Beginner’s Guide[2024]

Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This

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Crypto News Guides

What is Gala (GALA)? How does It Work? Complete Beginner’s Guide[2024]

This guide delves into Gala’s evolution, highlighting its breakthroughs in blockchain technology, its challenges and triumphs in gaining global financial recognition, and its promising future in reshaping finance and technology. Introduction Gala (GALA) is a cryptocurrency designed to revolutionize the gaming industry by providing a decentralized platform for virtual worlds, games, and digital assets. It

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Crypto News Guides

What is Toncoin (TON)?How It Work? Complete Guides 2024

Toncoin is known among crypto enthusiasts as the token that Telegram almost launched. However, the messaging platform gave up on its crypto ambitions in 2020 after the SEC sued. Now, Toncoin is back and in greater demand than ever before. It’s available to buy on major crypto exchanges and even received an endorsement from the founder of

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Crypto News Guides

What is Dogecoin? How It Work? Complete Guides 2024

DOGE was created as a lighthearted alternative to traditional cryptocurrencies, but it’s become seriously valuable. Our explainer can help you understand what it is and how it works Dogecoin Definition Dogecoin was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin in 2013. The name and Shiba Inu logo are based on a meme.

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What Is XRP (Ripple)? How It Work? Complete Guides 2024

Ripple is a money transfer network designed to serve the needs of the financial services industry. XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization. In late 2020, the U.S. Securities and Exchange Commission charged Ripple with selling unregistered securities in the form of

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