USD Coin, or USDC, is a cryptocurrency created by Centre, a nonprofit consortium founded by Coinbase and Circle with a mission to “provide governance and standards for the future digital financial ecosystem.” aims to mirror the value of the U.S. dollar and act as the “U.S. dollar of the crypto ecosystem.” Because of this, it
BNB Smart Chain, formerly Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known
Tether (USDT) is the largest stablecoin by market capitalization. Crypto traders use stablecoins like Tether to make transfers between different cryptocurrencies or to move their investments into or out of fiat currencies. The value of USDT is pegged to the U.S. dollar. In theory, this means Tether should be unaffected by the volatility that can so dramatically
Sei stands out as the first parallelized EVM blockchain, merging Ethereum’s leading development framework with Solana’s high performance. It prioritizes reliability, security, and high throughput and has been live on the mainnet since August 2023, and claims it has consistently been finalizing blocks at 390ms, making it the fastest layer 1 blockchain. Sei Recognizing the
Pyth Network is a blockchain-based oracle solution that helps provide real-world data to smart contracts. Blockchains are designed to be insular, meaning that they are purposely shut off from other sources of information. This is done to ensure that on-chain data is as pure, provable, and correct as possible. While this model may guarantee trustless
Celestia uses a modular blockchain network to revolutionise the scalability and architecture of traditional blockchain systems. As the data over a blockchain increases, the data load increases. With excessive data, it becomes tougher to download and verify the ledger. It is critical to the security of any blockchain to ensure and inspect the ledger of
Lido (LDO) is a multi-platform staking solution that allows users to access the benefits of staking their crypto without fully locking their tokens. In Proof of Stake (PoS) networks, users can lock their digital assets through staking to participate in the consensus process and continue adding blocks to the blockchain. Users may be penalized with a removal of a
Fetch.ai is a platform that uses blockchain-based smart contracts to automate tasks using artificial intelligence.Although interest in artificial intelligence (AI) has been increasing in recent years, the public introduction of ChatGPT in November 2022 sparked a frenzy of AI-related efforts in tech, finance, and crypto. In the following months, AI-focused companies like makers of GPUs
THORChain (RUNE) is a decentralized cross-chain liquidity protocol that allows users to swap assets between blockchain networks. One of the most significant innovations to come out of the decentralized finance (DeFi) space is the automated market maker (AMM) model. AMMs allow crypto users to deposit a specific ratio of cryptocurrencies to a so-called liquidity pool. Participants then use these
Floki Inu is another dog-themed meme coin that was created from another meme coin, the Shiba Inu coin. The Japanese dog breed is known as ‘Shiba Inu’ and has been the theme for other meme coins like Dogecoin and the Shiba Inu coin. Floki Inu is named after Tesla CEO Elon Musk’s pet Shiba Inu, Floki. The billionaire