Web3 (312)

Dogecoin is a popular cryptocurrency that was created in 2013 as a fun and lighthearted alternative to Bitcoin. It features the iconic Shiba Inu dog as its mascot and has gained a massive following on

The original decentralized finance (DeFi) sector has been around for years, but it only became big in 2020. After it got under the spotlight, a number of highly successful projects emerged. However, j

Have you ever imagined having a stake in the digital space, similar to having possession of a physical artwork in an art gallery? This is made possible through the use of non-fungible tokens (NFTs) . These digital assets certify you as the owner of a singular item on a blockchain. Unlike cryptocurrencies, every NFT has a distinct code, making it irreplaceable and confirming its authenticity.

After the decentralized finance (DeFi) sector blew up in 2020, Binance quickly launched its second blockchain. Known as Binance Smart Chain, the new blockchain was faster and a lot more efficient than

Blockchain is a type of distributed ledger technology (DLT) that facilitates the sharing and storage of data and information in groups called blocks. The emerging technology has gained substantial pop

One New Wallet. Millions of Opportunities. Today, we move towards an onchain world and introduce the reimagined OKX Wallet—your destination to millions of tokens and digital collectibles across 100-plus blockchains (and counting). OKX Wallet is the new self-custodial wallet for onchain experiences on all major networks such as Bitcoin, Ethereum, Solana, and TON. It's now easier to manage, swap, and explore anything onchain, on any chain.

Introduction Cryptocurrency faucets serve as virtual gateways into the captivating realm of digital currencies, granting users small amounts of cryptocurrency as rewards for accomplishing simple tasks.

During the early stages of cryptocurrency, centralization was still a significant aspect of the sector. While crypto projects sought decentralization, users could only trade assets on centralized exchanges (CEXs). Over the years, developers tried to build decentralized exchanges (DEXs), but these attempts were largely unsuccessful. The main issue with DEXs back then was the need for more liquidity.

The emergence of  ordinals  and  BRC-20 tokens  sparked a lively debate within the Bitcoin community. On the one hand, enthusiasts celebrated the newfound potential these innovations bring to the Bitcoin blockchain. On the other hand, concerns have been raised about the rise in gas fees, longer transaction times, and the potential occupation of valuable block space by ordinals and BRC-20 tokens.

The crypto world was abuzz with excitement as one of the largest blockchain conferences took place in Singapore. With thousands of attendees from around the globe, the TOKEN2049 event showcased the latest and greatest in blockchain and onchain innovations. Aside from getting excited for , there were plenty of influential projects to dig into that highlight the innovation in the world of crypto. In this rapid recap, we'll dive into some of the major trends that stood out and provide insights into what the future holds for the crypto industry.

Sky is the new name for MakerDAO, a decentralized finance platform. Alongside its rebrand, Sky will be introducing a new stablecoin USDS (Sky Dollar) and a governance token, SKY. The platform is due to launch on September 18, and joins Ripple in presenting traders with a new stablecoin option.

In the dynamic world of cryptocurrency trading, decentralized exchanges (DEXs) have emerged as powerful platforms for onchain trading. By eliminating the need for intermediaries, DEXs effectively offer users greater control and flexibility. Among these leading DEXs, a notable one that's been gaining traction in the is Raydium.

Prediction markets pose an age old question: are the many truly smarter than the few? With prediction markets like Polymarket and Drift Protocol’s Bullish on Everything (BET) making headlines and gaining popularity, this question is more relevant than ever. Featuring the ability to forecast everything from election results to stock prices, these crypto prediction market platforms allow individuals to trade contracts based on the potential outcome of future events while tapping into the collective wisdom of the crowd. As these markets continue to grow and evolve, they offer a fascinating glimpse into the potential of crowdsourced intelligence.

Imagine a blockchain built for speed and designed to overcome the common challenges of decentralized trading — this is what Sei attempts to achieve. Sei aims to process transactions fast, while still being flexible enough to support everything from trades to gaming and NFTs.

Picture an app that isn't controlled by a single company and allows you to take back control of your data and privacy. This is what decentralized apps (DApps) are all about. Whether for decentralized finance (DeFi), gaming, or social, there’s a DApp for everyone. As such, the technology underpins many of today's most positively disruptive projects.

As one of the original Layer-1 blockchains in the crypto space, Fantom has been through numerous highs and lows since its introduction in 2018. Despite nagging adoption concerns, co-founder Andre Cronje and the non-profit Fantom Foundation have seemingly managed to raise Fantom from the ashes thanks to the hype surrounding Sonic. With its Sonic rebranding, Fantom has managed to position itself as a major contender in the blockchain world thanks to its improved scalability.

When it comes to safely storing your crypto, it’s widely recommended to withdraw your coins from an exchange and store them in a personal wallet, as the crypto industry has a saying — not your keys, not your coins. When it comes to choosing the type of wallet you wish to store your crypto in, there's a wide selection, such as hot wallets or cold storage — which are also known as offline storage wallets.

What are Merkle trees and how do they enable Proof of Reserves? You’ll often hear that some kinds of Proof of Reserves are based on “Merkle trees”. But what are they and how do they even work? Here’s

If Web3 is going to take over the globe, it's going to have to change. For some, DeFi, NFTs, dApps, DAOs, and everything in between have already been exciting enough to dive in. But, as all crypto users know, this exploration isn't without risk. And that risk can be ‌reason enough to stay away. Enter our latest feature, OKX Smart Account , an extension of our commitment to building the safest, most secure, and most affordable Web3 experience around.

One of the most important parts of the Bitcoin machine is Proof of Work (PoW) — a consensus mechanism that gives the decentralized ledger robust security.The concept of PoW first emerged with the arrival of Hashcash in 1993. Hashcash's creators, Moni Naor and Cynthia Dwork, devised a form of PoW to stop denial-of-service attacks and other abuses like spam. Doing so required some work from the person requesting the service, usually involving a computer’s processing time.

You might have heard of Proof of Reserves (PoR) but did you know there are actually different types of PoR, each giving more weight to different aspects? In this article we'll cover what these are, in

The ordinals protocol has gained popularity in the crypto space, with some seeing it as a way to create new protocols and BRC-20 tokens on the Bitcoin blockchain. Ordinals are also known as BTC NFTs and are considered digital artifacts. Once you mint your digital artifact, you can keep it in your wallet or sell it on a marketplace, similar to NFTs. You can learn more about their rarity in our .

Have you ever questioned what else the Bitcoin blockchain can provide besides a digital currency and ordinals ? ARC-20 introduces a fungible token standard to the Bitcoin blockchain, using satoshis — the smallest units of Bitcoin — as the backbone for token representation. This means each ARC-20 token is inherently backed by a satoshi, making sure a baseline value and integrating seamlessly with existing Bitcoin infrastructure.

How does decentralized finance (DeFi) work with Bitcoin ? And, what's next for Bitcoin? As we gear up for the next Bitcoin halving in 2024, these questions and others are on the coin community's mind.