What is Fintech? A Quick Definition and Overview of Crypto Fintechs
July 1, 2022
The term Fintech is a portmanteau of terms “finance” and technology”. It means that new and advanced technologies are applied to advance products and services of the financial industry. In this article, we are going to explain what Fintech is, how it works, and which companies in der crypto industry are prime examples of Fintechs.
What is WalletConnect?
June 30, 2022
WalletConnect is a kind of API that connects your crypto wallet to decentralized applications (dApps). This way, you can get going with your crypto assets, no matter which wallet you use and no matter which dApp you want to use.
What is generative art within the NFT world?
June 29, 2022
Generative art is art made by an autonomous system. Or more precisely, the collaboration between a human and a machine or algorithm. It is a form of art creation that is common in the NFT market. It explains the numerical sequence of collections and the "family resemblance" between individual NFTs within a collection.
What are DeFi interest rates?
June 17, 2022
Few things are as opaque as the interest rates you are presented with in Decentralized Finance (DeFi). To understand whether the 34% you are promised is sustainable, you must understand where the rates come from.
What is crypto lending?
June 10, 2022
Suppose you need money but don't want to sell your Bitcoin. There are service providers who will lend you money in return for Bitcoin or other crypto deposits. Conversely, you can also lend out crypto at those platforms and get interest on it.
Bitcoin and Ethereum: what are the differences?
June 9, 2022
In crypto, it's still Bitcoin and the pack. Of that pack, Ethereum is the frontrunner. Both Bitcoin and Ethereum are already on the balance sheets of reputable institutions - although this is more common with Bitcoin. However, the fundamental differences between the projects are large. That's fine. After all, it gives them both a purpose.
What are liquidity pools?
June 8, 2022
Liquidity pools are the foundation of Decentralized Finance (DeFi). Anyone can deposit their crypto in these pools, creating liquid marketplaces for loans and trading.
Bitcoin wallet – How to use it and safely set it up
June 7, 2022
It is very important to manage your Bitcoin safely. All transactions are final and whoever has access to the private keys or the wallet seed holds the power to transfer your Bitcoins. Therefore, managing your own wallet is a huge responsibility that requires specific knowledge as well as the proper hardware and software to master the task. In this article, we will show you how it’s done, what a Bitcoin wallet is, and also like to introduce you to LiteBit wallet, which makes a couple of things easier if you are not a tech-savvy person.