REN for Noobs

What is REN? Ren is a decentralized protocol that seeks to allow a global network of users to move new and established assets between different blockchains. Users will, for example, use Ren to lock bitcoins (or other assets) in a…

Aragon for Noobs

What is Aragon? Aragon is an Ethereum-based open-source platform that helps users to control and build decentralized autonomous organizations (DAOs). A DAO is a blockchain-based software that provides users with a built-in model for collaborative code management. Some features of…

0x for Noobs

What is 0x? 0x is a protocol that seeks to encourage a network of consumers to build and run new markets that aren’t reliant on conventional financial intermediaries. Users will use 0x to build markets for crypto assets that reflect…

TurtleDex Exit Scams with $2.4 Million on Binance Smart Chain

TurtleDex, a Binance Smart Chain (BSC) file storage project, pulled a “rugpull” exit scam yesterday, March 19. A “rugpull” exit scam happens when a project’s creators drain the liquidity or deposited funds invested by the protocol. According to TurtleDex team…

OMG for Noobs

What is OMG? OMG Network, formerly known as OmiseGo, was developed by Omise, a well-known payments processing firm. The mission is to use the OMG blockchain to simplify how electronic wallets problem and share properties. The theory is that today’s…

Mirror Protocol for Noobs

What is Mirror Protocol? Mirror is the first synthetic assets protocol to watch the price of options, futures, ETFs, and other conventional financial assets, bridging the gap between crypto and traditional markets. Globally, US equities are a rather enticing asset…

India to Propose a Cryptocurrency Ban and Penalize Holders

India will reportedly propose a law banning all cryptocurrencies as well as fining anyone found trading cryptos in the country or even holding assets. A senior government official with knowledge of the plan explains the bill would criminalize possession, issuing,…

Bancor for Noobs

What is Bancor? The Bancor Protocol is a decentralised exchange network standard that allows for the automatic transfer of cryptocurrency tokens into other tokens, even through blockchains, without the use of an order book or a counterparty. Bancor created the…

Avalanche for Noobs

What is Avalanche? Avalanche (AVAX) is a layer 1 blockchain project that allows third-party tokens to interact with each other. It  allows issuers to trade their tokens for a low fee. As a result, the AVAX network has significantly enhanced…

FTT Token for Noobs

What is FTT Token? FTX is a crypto exchange that provides future, leverage, exchange-traded, and over-the-the-counter trading. To ensure that the resolution of these issues, they are on a quest to make the room for derivatives fit for financial institutions.…