Is education the key to curbing the rise of scammy, high APY projects?
As DeFi projects offering insane returns continue to infiltrate the market, experts believe that investors need to better equip themselves to avoid such scams. Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their investors in return for them staking their native tokens.....
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This concept by Sony Global Education has the potential to shape a bright future for education in general. More collaboration is on the horizon as well, as this open yet secure infrastructure can draw a lot of educational institutions to this network. The blockchain can be used to suit various needs, and companies like Sony are exploring how it can benefit some of their own internal projects. By using distributed ledger technology for the open sharing of progress records and academic proficiency, the way we think about education might be coming to a change very soon. Sony Global Education....
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education. The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development (MSBSD) goes against India’s crypto ban narrative to use Ethereum-based public blockchain. In an exclusive statement with Cointelegraph, LegitDoc CEO Neil....
On November 3 the Bitcoin price took a dive from a high of US$745 to a low of $675 with news of China circling the internet. A so-called report from the publication Bloomberg had other media outlets assume that China was planning on curbing Bitcoin use in the near future. However, the reports have remained unconfirmed, and many believe the headline was....
Cryptopedia is a free educational resource that provides an introduction to digital-asset investing. Cameron Winklevoss, Gemini’s president, unveiled Cryptopedia on Thursday. He described the new platform as a “free resource that provides open-access, high-quality crypto education to the world.”The platform currently includes categories devoted to cryptocurrencies, security, trading and investing, and DeFi.Cryptopedia was also designed for subject matter experts to share their knowledge about digital assets. The platform’s “Expert Network” includes founders and thought leaders from some of....
Multiple projects came out with powerful new ideas all at once. Finance Redefined is Cointelegraph's weekly DeFi-centric newsletter, delivered to subscribers every Wednesday.The end of January saw a string of interesting announcements from projects building innovative products that may well push DeFi forward. And more price gains of course.To briefly touch on the market side of things, this does feel like a much quieter rally than three years ago. Most things are going up, with some DeFi projects being particularly lucky, but it’s nowhere close to the insane gains we saw early in 2018.....