“Soulbound” NFTs have attracted attention recently, with Ethereum founder Vitalik Buterin being one notable proponent. The concept of a soulbound NFT is derived from the online multiplayer game World of Warcraft. In the game, users are able to obtain high-level weapons and accessories that cannot be traded or exchanged but are instead tied to the user’s account, thus they are “soulbound.”
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Cryptonomics
Stuck scratching your head when it comes to tokenomics? Binance Research dove deep into the topic, exploring both the supply and demand dynamics.
Web3Wire dialogues with promising industry figures who are building in Web3.
A collection of tutorials on how to use blockchain bridges to interact with multiple networks.
The first rule of crypto is: Never share your wallet seed phrase with anyone. Ever.
Early access, lower gas fees and reduced risk of spam are some of the benefits of having your wallet address whitelisted.
A legitimate source of information for prospective investors interested in understanding a project.
Vesting is a traditional concept, but in the crypto industry, it has a major effect on the price of the crypto asset.
The stablecoin pie is attractive, and an algorithmic stablecoin appears as a credible solution, fitting into the narrative of decentralized money.
$BNB holders can use Metamask to send and receive their $BNB token safely and securely in a few simple steps.
A view into how you can be better aware of token approvals that can sneak in and cause serious damage after accidental acceptance.
VPNs have become a mainstay for any crypto user, and here we outline five VPNs to consider when using the web.
We’ll be looking at precisely what a bridge is used for in DeFi, before diving into several examples. Read on for how to bridge Ethereum and Binance Smart Chain assets.
Airdrops can be a rewarding source of passive income. Don't ignore them when you see them.
The secure solution allows smart contracts to create random numbers for numerous use cases on a blockchain.
Members of the crypto community can easily fall victim to scams and lose their assets by interacting with scam airdrop tokens.
Proof of Work (PoW) and Proof of Stake (PoS) are two different consensus mechanisms used to verify transactions on blockchains, but they differ in many ways.
This guide shows how to find all your BSC tokens and enable them in your Metamask wallet.
The complete beginner’s guide to keeping your crypto safe on BNB Chain.
The metaverse is quickly distinguishing itself as the future of the internet, here we look at what that future means and why interaction is a huge part of it.
Using modern technology like blockchain and cryptography, the financial world is primed for a complete revamp.
Binance Chain Wallet has a convenient cross-chain function made easy for users who have a Binance.us account.
An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling.
The BNB Chain (BSC) is an evolving ecosystem for Decentralized Finance (DeFi) applications with its own token standard, BEP-20. This guide shows how to withdraw BEP-20 tokens on BSC.
In the ever-expanding world of cyber communications, cyber-attacks have grown more and more prevalent. Developers looking to keep their user base safe from attacks are turning to methods of encryption for safe-keeping, with one prominent example being end-to-end encryption.
The concept of crypto debit cards has made sense to investors with digital knowledge for a long time. It is important that people understand how these cards operate, as they are likely to see increased adoption in the future.
The simplicity of today's internet web experience gives the impression that it has been a highly-refined space for some time. Yet the internet has gone through many phases of improvements to bring us to where we are now.
The term "Hyperinflation" describes uncontrollable price increase in an economy, and is usually seen in times of economic difficulties. Although they rarely occur in developed countries, they can occur in any market, causing investors to panic as their assets lose value. Understanding how hyperinflation works is key to avoiding its nasty side effects.
Pyramid and Ponzi schemes are very similar because they are based on the same concept. Many people get fooled by impersonating investors who guarantee massive profits in exchange for their funds. Otherwise called a money-doubling scheme, a Ponzi or a Pyramid scheme can be hugely devastating to any casualty.
Cryptocurrency scams are becoming increasingly more prevalent and effective, utilizing new cunning tactics to deceive investors. In order to maintain a safe portfolio, it is essential to know the different forms of scams and how to avoid them.
The blockchain network is entirely open-source software with easily accessible code. One can change the code and suggest improvements through soft and hark forks.
In today's online world, Cybercriminals are becoming more sophisticated and daring. There is a need for more secure authentication systems to safeguard users' online accounts. The Multi-factor authentication (MFA) system provides a high level of data security and is vital for all to adopt.
Crypto market capitalization describes the current market value of a given cryptocurrency or blockchain network. It is an important parameter that provides us with a fair idea of a market’s financial strength.
Binance users often make the mistake of sending their assets to the wrong blockchain network. Though it usually causes intense anxiety, especially if a substantial amount of money is involved, there are ways to recover those assets.
The financial freedom and control that decentralized finance offers users has led to a rapid growth of the DeFi sector. Liquidity pools and automated market makers (AMMs) are a major reason why DeFi has so much utility.
Secure transmission of information is essential in almost every sector of human endeavor. Cryptography, which is the art of securely coding information, has developed over the years and has found practical application in blockchain.
Bitcoin ETF is a legitimate form of investment that cuts out the complex issues and security procedures many people face when dealing with cryptocurrencies. Nevertheless, it is yet to break into the US financial market.
Binance's BTCB has provided a pathway for Bitcoin owners to have access to the benefits of BSC. With BTCB, developers can now incorporate Bitcoin into their DApp design.
The BNB Chain is the leading development platform for decentralized applications. Critical to the reliability of BSC is a set of network nodes known as Validators.
Lending money at no cost is not practical because of the time value of money. Interest rates are necessary costs that help to keep an economy stable.
It's been a long search for a blockchain protocol that will enable scalability while still upholding decentralization and security integrity. The BNB ChaiN has brought just that, scalability alongside quick and cheap transactions.
The birth of Bitcoin marked the beginning of the cryptocurrency revolution. The whitepaper, which detailed the world's first cryptocurrency mechanism, had a very critical omission: there is no hint of who wrote it. The puzzle remains with us till today.
Burning tokens, being a destructive process, may not sound like a good idea to anyone who is not familiar with crypto. Nevertheless, for cryptocurrencies, it often is very beneficial for a project's long-term value.
Precise and concrete data is most effective in producing high quality backtesting results, rather than involving too many data sets in the test. A combination of other trade strategies with backtesting are well worthwhile in a trader’s trading journey.
When looking for investments, it is essential to invest in assets that will not depreciate in the future. With its limited supply, fungibility, portability, and divisibility, Bitcoin merits consideration as a good store of value.
Crypto offers many opportunities such as airdrops, staking, affiliate marketing etc. which you can take advantage of to make extra money on the side.
The greater the number of users of a particular product, the more value it tends to attain. This takes a good understanding and application of the “Network Effect” concept.