What Is a Crypto Airdrop?

Crypto airdrop is a marketing strategy adopted by crypto startups to promote the project and their new token. It involves distributing their native cryptocurrency to current or potential users’ for free. Sometimes, users have to complete simple promotional activities before they can claim, such as following the project’s social media account and sharing their posts. […]

What Is SolScan and How to Use It?

SolScan is an alternative Solana blockchain explorer. It gives you access to blockchain data regarding transactions, contracts, accounts, and more. If you regularly use Solana or do any troubleshooting, understanding how to use a blockchain explorer is extremely useful. SolScan also has DeFi and NFT dashboards and an analytics platform to browse. You can also […]

What Is Layer 1 in Blockchain?

Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1 networks is difficult, as we’ve seen with Bitcoin. As a solution, developers create layer-2 protocols that rely […]

What Is Harmony (ONE)?

Harmony is a layer-1 blockchain using sharding and Effective Proof of Stake to achieve scalability, security, and decentralization. The network was launched in 2019 and features trustless cross-chain bridges and four shards, which process transactions in parallel. Effective Proof of Stake encourages decentralization of validators, and sharding shares the network’s load among validators, delegators, and […]

What Is Blockchain Technology? The Ultimate Guide

Blockchain 101 How does blockchain work? What is blockchain used for?

What Is Bitcoin?

Selfish Mining Explained

Mining Pools Explained

Mining is integral to the security of Proof of Work blockchains. By computing hashes with certain properties, participants are able to secure cryptocurrency networks without the need for a central authority. When Bitcoin first launched in 2009, anyone with a regular PC could compete with other miners to guess a valid hash for the next block. That’s because the mining difficulty was low. There wasn’t much hash rate on […]

What Is the Ethereum Arrow Glacier Upgrade?

Ethereum’s Arrow Glacier network upgrade delays the network’s difficulty bomb until June 2022. Many previous updates have also extended the deadline for the difficulty bomb. The difficulty bomb will, by design, make mining on Ethereum uneconomical and difficult to do. This feature motivates the development of Ethereum 2.0 and will force miners to change over […]

A Guide to Crypto Collectibles and Non-fungible Tokens (NFTs)

The creation of Bitcoin introduced the concept of trustless, digital scarcity. Before it, the cost of digitally copying something was next to nothing. With the advent of blockchain technology, programmable digital scarcity has become possible – letting us map the digital world to the real world. Non-fungible tokens (NFTs), often referred to as crypto collectibles, expand this […]

What Is Axie Infinity (AXS)?

It’s 2021, and that means you can earn money by playing games and breeding virtual pets. An easy way to think of Axie Infinity is to imagine a blockchain game that combines Pokémon, CryptoKitties, and card game elements. More specifically, Axie Infinity is an NFT game and ecosystem built on the Ethereum blockchain. Its native […]

5 NFT Projects You Should Know

The interest in NFTs has exploded. While many NFT projects had a small community of enthusiasts since their early existence, 2021 has brought forth a bit of an NFT bubble. Many thought DeFi would bring mainstream adoption to the crypto space. However, it seems like the value proposition of NFTs is much easier to grasp for people […]

Top 3 NFT Projects on Binance Smart Chain

The demand for non-fungible tokens (NFTs) keeps growing on Binance Smart Chain (BSC). The blockchain’s speed and low transaction fees make it very attractive for both users and developers. On BSC, Battle Pets, PancakeSwap, and BakerySwap have all pushed further the limits of what an NFT can do. Both Battle Pets and BakerySwap combine collectibles with Decentralized Finance (DeFi) staking for […]

How to Make Your Own NFTs

If you want to create your own NFTs, the Binance NFT Marketplace is a great place to start. You can also do it directly on the Binance Smart Chain (BSC) using DeFi platforms like Featured By Binance, BakerySwap or TreasureLand. BSC offers low fees, quick transaction times, and has a growing NFT community. There are many platforms to […]

7 Things You Should Know About NFTs

NFTs are tokenized, collectible items valued for their uniqueness and rarity, popular on Binance Smart Chain (BSC) and Ethereum. The value of NFTs relies on their authenticity and scarcity, so it can be helpful to take a closer look at the token on a blockchain explorer. NFTs have more use cases than just crypto art, and […]

What Are CryptoPunks?

CryptoPunks are collectible pieces of crypto art, represented by NFTs on the Ethereum blockchain. There are 10,000 small, 8-bit-style punks, all with unique features. As one of the first famous NFT projects, they inspired a lot of crypto artists and even the development of the ERC-721 token standard for digital collectibles. The project became more […]

Top 7 NFT Use Cases

Massive interest in non-fungible tokens has led to a boom in crypto-collectibles and NFT art. These are two of the most prominent use cases in the DeFi ecosystem, but they aren’t the only applications. Scarcity and uniqueness make non-fungible tokens a good match for real-world assets, logistics, music royalties, and more. As NFTs mature, we […]

Custodial vs. Non-Custodial NFTs: What’s the Difference?

As the DeFi ecosystem grows, NFTs are becoming increasingly popular. When trading or holding NFTs or other crypto assets, there’s a choice between using either custodial services or non-custodial services. A custodial service owns the private key to your wallet and holds your assets in custody. The Binance NFT Marketplace is an example of a custodial NFT […]

What Are NFT Games and How Do They Work?

NFTs are unique digital collectibles on the blockchain. This feature makes them suitable to use in games as representations as characters, consumables, and other tradeable items. NFT games have become popular in the Game-fi world as a way to earn income. You can sell your in-game NFTs to other collectors and players and even earn […]

What Are Binance Fan Tokens?

Binance Fan Tokens give token holders special benefits and privileges with teams and brands. Sports clubs, teams, brands, and other influential people can use Binance Fan Tokens to grow their fan community and reward their supporters. Binance Fan tokens are different from NFTs as they are fungible. This means that each specific token is equal […]

Ledger Academy – Basic basics – OWN AND USE IT

Four lessons on managing Crypto, keeping it secure, freeing it up and actually enjoying it. They include tips and hints from cryptoids and money geeks who’ve been at it for years.

Ledger Academy – Basic basics – about crypto

Here’s an introduction to the Crypto world in six monkey-simple steps. Where to start, how to buy it, how to master it and what definitely, definitely not to do with it.

What Is Play-to-Earn and How to Cash Out?

Play-to-earn games allow users to farm or collect crypto and NFTs that can be sold on the market. By playing the game regularly, each player can earn more items or tokens to sell and generate an income. Some players have even begun to supplement or replace their salaries playing these blockchain games. However, such activity […]

What Are NFT Mystery Boxes and How Do They Work?

Who doesn’t love a good surprise? Even more so if the surprise is a super rare non-fungible token (NFT). An NFT mystery box is similar to a physical mystery box. As the name suggests, the box contains a random NFT from a specific NFT collection. In most cases, an NFT mystery box will feature NFTs with […]