Cryptolinks Cryptocurrency News Blog
Everything You Need to Know About Crypto Web 3.0
By:
Nate Urbas
23 June 2022
There have been numerous iterations of the internet, which have contributed to it becoming the way it is today, where we can essentially use it to create content and monetize out of it whilst also being able to access and create just about any page that we might need. Web 3.0 is a representation of evolution from this phase we currently reside in, which is aimed at breaking the control that big corporations and governments have throughout the internet. You...
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The Story of Terra (LUNA) – How TerraUSD (UST) Led to a $200 Billion Wipe
By:
Nate Urbas
6 June 2022
Bitcoin (BTC) decreased to around $26,000 and Coinbase, the cryptocurrency exchange, fell 25% in terms of its earnings due to numerous shockwaves which occurred throughout the cryptocurrency space in May of 2022. This selloff was triggered by the stablecoin known as TerraUSD (UST). This occurred due to the fact that UST lost its peg to the U.S. Dollar (USD), and with it wiped out the support of its non-stable cryptocurrency partner known as LUNA, which dropped 99% and, as a...
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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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2022 NFT Guide: Everything You Need to Know About Non-Fungible Tokens
By:
Nate Urbas
3 February 2022
It is remarkable how crypto and blockchain technologies continue to introduce new concepts that are potent enough to alter convention. In 2020, the world watched on as a new financial paradigm, DeFi, evolved into a viable alternative to traditional finance. The same level of hype witnessed during the DeFi boom of 2020 has begun to propel a new crypto sector albeit with even more mainstream appeal. In 2021, Non-fungible tokens or NFTs have become the toast of the crypto world,...
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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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Crypto Year In Review: What Does The Past Say About The Future?
By:
Nate Urbas
10 December 2021
As always, the last days of each year are a time for us to reminisce on the highs and lows of the crypto industry if there are any. Although 2021 has been a roller coaster year for the crypto industry in general, the last 12 months have been an eye-opener to the immense possibilities of Web 3.0. For one, the explosive adoption of NFT has given new meanings to digital ownership and tokenization. Also, DeFi has continued to grow at...
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Unraveling The Emergence Of The Metaverse
By:
Nate Urbas
12 November 2021
The possibility of creating virtual worlds where our digital versions can exist and thrive was once a thing of science fiction. Today, we have a growing number of platforms and companies looking to establish the possibilities of experiencing a limitless digital experience through the implementation of virtual worlds whether decentrally or centrally. In most cases, the term used to describe these virtual worlds is “metaverse.” The whole idea is to provide an escape to users such that they can be...
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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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The State Of Crypto Regulation In The United States
By:
Nate Urbas
25 September 2021
Regulation will remain a sensitive discussion in the blockchain and crypto realms for obvious reasons. For one, these are nascent technologies based on decentralized and borderless approaches to financial applications. As such, It could take a collective approach by global regulators to cover the crypto economy that is constantly evolving and largely decentralized. For now, though, each country has begun to acknowledge the innovative power of cryptocurrency and introduce regulations that can help crypto companies in their quest to create...
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Copyright, DeFi And Securities: Unravelling The Different Layers Of NFT
By:
Nate Urbas
5 September 2021
It is undeniable that non-fungible tokens (NFTs) have become one of the major highlights of the crypto and blockchain movement in recent months. The sheer possibility of expanding the ownership rights that blockchain and tokenization offer has elevated the concept of non-fungible digital assets to mainstream status in record time. Bearing in mind the mainstream appeal of NFT, it is easy to forget that this technology or blockchain feature is still relatively nascent. Therefore, several NFT components require more modifications...
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