Entries by Avinandan Banerjee

Know Four Reasons Why Some NFTs Are Overvalued

  Many people equate cryptocurrencies to fiat currencies, believing that they are the same thing but in digital form. However, if the blockchain space stuck within conventional advancement rules, it wouldn’t be as crazy as it is today, would it?   Significant developments on the artistic side of the cryptocurrency trading industry have occurred in…

Cardano progression outshines on GitHub in 2021

Taking pride in being a top-tier blockchain and crypto ecosystem, Cardano has emerged as the most developed crypto project on GitHub in 2021 according to the report released by CryptoRank and Santiment. The crucial report stated that Cardano handled more than 140,000 events to earn the status in the cut-throat competitive crypto industry. The data…

Square Enix plans to include blockchain, NFTs, and Metaverse

Hailing as one of the world’s top-tier gaming firms, Square Enix is all set to explore the potential of new-age technologies to further its growth plans. In a New Year’s message, Square Enix’s CEO, Yosuke Matsuda reflected the firm’s keen interest in venturing into blockchain technology, Metaverse, and Non-Fungible Tokens. The spearhead started his letter…

Samsung utilizes blockchain to deal with climate change

Working as a global icon in the field of electronic products, Samsung has entered into a strategic partnership with blockchain firm veritree to support ecological initiatives. In its latest announcement, Samsung Electronics America revealed that the company will plant 2 million mangrove trees in Madagascar over the next three months in support of the veritree…

Everything You Need to Know about Yield Farming

“The amount lent out is paid back with interest when typical loans are sanctioned through banks. The same concept goes with yield farming: lending of bitcoin that would normally be sitting ideally in an account to produce returns,” according to the CFP, AIF, and owner of Hill Wealth Strategies, Daniel R.Hill.    Thus, yield farming…

Shanghai leans towards metaverse in its progression plan

The Metaverse cluster witnessed explosive growth in 2020 with top-tier firms either entering the field with potential projects or showing keen interest to join the industry. The latest addition to the Metaverse fan list is China’s global financial hub, Shanghai. The city authorities are planning to infuse the use of Metaverse across the public services…

Valereum acquires Juno Group to strengthen the crypto-fiat bridge

Hailing from Gibraltar as a top-tier blockchain technology platform, Valereum Blockchain is gearing up to acquire Juno Group to facilitate swift integration of fiat and crypto spaces. Coming from Gibraltar, the Juno Group is known for helping in the creation and administration of trusts, money management, and enterprise development in the country. With this partnership,…

Know Everything about Crypto Liquidity Pools

Crypto Liquidity Pools are an essential part of the DeFi ecosystem. These pools are a collection of tokens or digital assets stored in a smart contract. These pools, among other things, help to facilitate decentralized trading and reduce the danger of washout.    The core technology behind the current DeFi ecosystem is liquidity pools. They…