Crypto News Guides

What is Pyth Network (PYTH)? How does It Work? A Complete Guide[2024]

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

Read More
Crypto News Guides

What is Celestia Crypto? How Does It Work? A Complete Guide[2024]

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

Read More
Crypto News Guides

What is Lido [LDO]? How does It work? Complete Guides 2024

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

Read More
Crypto News Guides

What is Fetch.ai? (FET) How does it work? Complete Guides 2024

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

Read More
Crypto News Guides

What is THORChain (RUNE)? How does THORchain work? A Complete Guide to RUNE[2024]

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

Read More
Crypto News Guides

What is Floki Inu Coin? How does it work? A Complete Guides[2024]

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

Read More
Crypto News Guides

What is Solana (SOL) ? How does it work ? Complete Guides 2024

Solana is a crypto computing platform that aims to achieve high transaction speeds without sacrificing decentralization. It employs a bundle of novel approaches, including the “proof of history” mechanism.  Solana’s native cryptocurrency is SOL, which is used to pay transaction fees and for staking. It also gives holders the right to vote in future upgrades. 

Read More
Crypto News Guides

What Is Staking? How Does It Work? Complete Guides 2024

Like a lot of things in crypto, staking can be a complicated idea or a simple one depending on how many levels of understanding you want to unlock. For a lot of crypto users, knowing that staking is a way of earning rewards while holding onto certain cryptocurrencies is the key takeaway. But even if you’re just

Read More
Crypto News Guides

What is Fantom (FTM) ? Advantages & DisAdvantages [2024]

Fantom [FTM ] is a smart contract-enabled blockchain platform aiming to address the decentralization, security and scalability tradeoffs many blockchains face.  These three elements are commonly referred to as the “blockchain trilemma,” meaning a focus on two has often required a tradeoff on the other. Fantom aims to overcome these tradeoffs and make improvements across all three with

Read More
Crypto News Guides

Use Your Crypto Losses to Turn the Tables Against the IRS 2024

If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill. This year has not been kind to any crypto investor’s portfolio. Fortunately, there’s one silver lining for all bag-holders with steep

Read More