Aaron Watts, Publisher at CoinCodex
Aaron is passionate about technology and finance. Aaron first discovered blockchain technology in 2016. After learning about the transformative power of crypto, which he primarily credits to Alex Tapscott's Blockchain Revolution, he sought to expand his knowledge by becoming more intimately involved with the blockchain space. He joined CoinCodex in 2018 and has since been covering a variety of topics, ranging from Bitcoin and Ethereum to NFTs and the metaverse.
Aaron Watts Latest Articles
Web 3.0, the latest iteration of the internet, is slowly emerging as a game-changer in today’s digital world. Many established brands are tipping their toes in the metaverse that's powered by Web 3.0. Let's explore these brands.
The KuCoin cryptocurrency exchange has created an entire platform dedicated to providing passive income opportunities for crypto investors. In this article, we will cover all of the passive income options provided by KuCoin to give you a flavour of what can be earned by using the platform.
Banking is one of the oldest industries that currently exists, it dates back to 2000 BC when the first merchant banks were introduced. Today, most economies around the world rely on banks for value addition in the form of financial services. Most of these services are centralized. With DeFi, however, there is no centralized infrastructure, but only distributed nodes. It creates a hacking-proof solution capable of providing broader access to services and products.
Online crypto betting sites are gaining more and more popular as they provide an additional way of winning some extra cash. Most of the betting and casino platforms offer a variety of tournaments, sports events, and have a diverse variety of options to bet on sports. The demand for online sports betting is skyrocketing, which is leading to the development of new services in this industry. Nevertheless, not all platforms are secure and legit. Therefore, bettors, who do not wish to lose their money due to fraud and scamming, must carry out the basic groundwork to get comfortable with the background and trustworthiness of the sports betting and casino sites.
Stablecoins are designed so that they can be pegged with multiple sources, including fiat currencies, other cryptocurrencies, precious metals, and even algorithmic functions. By far the most represented pegged currency is the US Dollar. Stablecoins are classified into two categories — Centralized (Custodial) Stablecoins and Decentralized (Non-custodial) Stablecoins. The latter are divided into Crypto-backed stablecoins and Algorithmic stablecoins.
The mining industry, one of the most essential industries for maintaining the flow of our daily lives, is known to be a crucial provider of raw materials and energy resources for the whole economy, enabling the smooth functioning of society as a result.
Before we get to the cryptocurrency trading guide, it’s crucial to understand what causes cryptocurrency price fluctuations. The changes in the crypto market differ from the stock market ones. The fluctuations are much bigger and for some investors, they become the main source of profit. So let’s try to figure out why cryptocurrency prices change.
There have been various consensus procedures since the blockchain industry's inception. Proof-of-Work (PoW) and Proof-of-Stake (PoS) are two examples (PoS). The PoW requires a substantial amount of computer power, whilst PoS is determined by the amount of stake, such as the total quantity of coins owned by a player. The Proof-of-Time (PoT) consensus process however enables everyone on the network to become a node. Proof-of-Time (PoT) is a blockchain algorithm that is used by the Analog platform. One of the goals of the platform is to "create the world's first Timegraph driven by blockchain technology." For individuals and businesses alike, the Timegraph is a searchable database of verified time data that can be utilized to power many applications.
Battle Drones had a successful NFT sale last week which saw a total of 1,000 NFTs with genuine utility sold via two separate sales. Battle Drones is a free to play game but the full potential of the game will only be realized by NFT holders. Other features for NFT holders include daily win rewards, challenges and achievements, placing on the overall leaderboard and access to staking and loaning. The first playable demo of Battle Drones is expected to launch this June.
The $620 million Ronin Network hack has been the largest crypto hack of 2022. Hackers were able to compromise the validators and transferred $540 million worth of crypto (now worth $640 million). The hack could have been prevented. Lets find out more.
