Cryptolinks Cryptocurrency News Blog
OpenSea: Its Successes, Travails and The Rise of a Potent Competitor
By:
Nate Urbas
1 March 2022
NFTs are increasingly finding their ways into mainstream consciousness due to the mouthwatering prices they fetch and the possibility of actively participating in a fast-paced digital economy. At the center of this digital revolution are NFT marketplaces where the average NFT trader can mint, sell and buy NFTs. The good thing about the NFT market is that there are several options to pick from. Therefore, it is safe to say that the landscape is highly competitive, which means that there...
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Non-fungible Tokens, the Metaverse, and the Future of Play-To-Earn Titles
By:
Nate Urbas
7 January 2022
Non-Fungible Tokens have sky-rocketed in popularity throughout 2021, with many artists becoming" millionaires through utilizing blockchain technology and creating verifiable art. However, over time, NFTs have evolved way past just being pieces of art and have seen their wake in the music industry and the gaming industry. All of this has contributed to the exponential growth of the NFT marketplace, alongside companies re-thinking how they do business and what their developments are going forward. But before we dive too deep...
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Stablecoins Are On A Collision Course With Regulators
By:
Nate Urbas
15 October 2021
Stablecoins are heralded as the glue holding the crypto market together. These digital assets enable channels that let crypto holders transfer value between two or more crypto networks without having to incorporate fiat-based transactions. More importantly, they provide crypto participants with an opportunity to momentarily escape the volatility of the crypto market. While all these factors have propelled the stablecoins market in the last couple of years, it has also attracted regulatory scrutiny that had in turn induced uncertainties regarding...
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All You Need To Know About Cardano And Its Upcoming Upgrade
By:
Nate Urbas
18 August 2021
Those familiar with the crypto industry will agree that Cardano is one of the most promising and ambitious digital asset projects presently under development. For one, Cardano always features prominently in the list of blockchain projects that are innovative and robust enough to challenge the dominance of Ethereum in the smart contract and decentralized application market. Also, its native token, ADA, is one of the top five digital assets by market capitalization. And so, it has become necessary to unravel...
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Are Regulators and Corporations Embracing the Power of Cryptocurrency?
By:
Nate Urbas
21 September 2020
The crypto world has always faced backlashes as a result of its unregulated nature and the fact that young entrepreneurs use technology as a tool to defy long-standing financial bureaucracy. However, more than ever, we have begun to see more efforts on the parts of regulators and traditional institutions to understand crypto, integrate it with legacy systems, and capitalize on its commercial appeal. The result is a cascade of crypto developments that promise to expose the concept to a broader...
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Bugs, Liquidity And Yields: The Rise Of The DeFi Economy
By:
Nate Urbas
19 August 2020
The DeFi sector is currently playing an essential role in the ongoing crypto renaissance. The possibility of accessing improved financial services without all the hurdles associated with conventional banking processes has somewhat emerged as a compelling narrative. More so, the introduction of unique means of capitalizing on the interoperability and decentralized nature of DeFi protocols has spurred the sector to exhibit bubble-like characteristics. And so, it has become imperative to separate organically-generated developments and growth generated from hype. In this...
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Top Trends to Define the Crypto Industry in The Second Half Of 2020
By:
Nate Urbas
12 August 2020
It is hard to believe that we just passed the halfway point of the year, considering the ups and downs of 2020 so far. No one could have predicted at the beginning of the year that a pandemic will drastically alter the world economy and cause a global market crash. While it has been a bumpy year for a majority, the events, trailing the outbreak of the coronavirus pandemic, present new types of opportunities, especially for the blockchain and crypto...
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How Culpable Is Bitcoin in The Twitter Hack?
By:
Nate Urbas
28 July 2020
There is nothing new about Bitcoin being in the tabloids for the wrong reasons. As such, there were no real alterations in the price performance of the digital asset when news broke that hackers had breached Twitter’s security and launched a scam involving bitcoin. Regardless of the inconsequential nature of the actions of these hackers on the price of bitcoin, we, however, need to explore all loose ends. Chief among them is the fact that pundits have tried to twist...
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Use Case and Not Price Is the True Essence of Cryptocurrency!
By:
Nate Urbas
29 November 2019
It is no more news that the cryptocurrency market is a volatile landscape fueled by speculations and hype. While this assertion defines the present status of the market, it, however, does not highlight digital assets' main selling point. Maybe crypto practitioners are becoming blind to the fact that crypto has much more to offer than volatility-induced profits. As it stands, the crypto community is easily swayed by fickle price speculations. And this is evident in the recent price downturn of...
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Are Centralized Exchanges Hurting the Efficacy of Crypto?
By:
Nate Urbas
8 November 2019
From the looks of things, the travails of crypto are one way or the other tied to the operations of crypto exchanges. This assertion holds, considering the array of controversies these entities attract, and its effects on the image of crypto as a viable asset class. For one, recent news relating to crypto exchanges highlights the growing number of sudden closures, high profile hacks, and troubling lawsuits. The apparent lack of standards in the crypto exchange market is one of...
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