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The Consumer Price Index (CPI) is one of the most used financial benchmarks to track inflation in the traditional finance (TradFi) ecosystem. However, the CPI measure is rightfully criticized for being outdated and incorrectly reflecting the actual extent of inflation.
Economic simulation games have emerged as an exciting genre in the past decade, providing gamers knowledge on how business works and the idea of microeconomics. Learning by doing is an efficient way to gather invaluable knowledge on real-world economics.
After the success of the Kusama parachain slot auctions, the decentralized Web 3.0 blockchain interoperability network Polkadot is now holding the much-anticipated parachain slot auctions on the main chain.
One of the newer contenders in the meme token space is Shar Pei. The token's name and branding references the Shar Pei dog breed, which is known for its wrinkly skin. The Shar Pei token was created on the Binance Smart Chain blockchain platform, which gives users the ability to send tokens quickly and with low transaction fees.
As the world rapidly moves towards digitization, people find themselves living two different lives - their physical, everyday existence and their digital self. As digital information grows in volume and variety online, the more the true digital self is uncovered, hence completing the missing pieces and becoming even more valuable. Nonetheless, the owners of the information rarely gain any value from their data despite big corporations benefiting directly from their data.
While we only spoke about moderate bearish trends spreading across the cryptocurrency markets last week, the sector was hit hard this weekend. The total cryptocurrency market capitalization dropped by $250 billion in a rapid sell-off during the night of December 4. The total market cap touched $2.20 trillion before slowly recovering back to $2.31 trillion on Sunday. Very rare were the cryptocurrencies that were immune to the drop, but some managed to recover faster than the others. For this article we selected three coins that are likely to grow their prices and recover to or even surpass their pre-sell-off valuations.
Flash loan is a rather new lending instrument that has made its way into many decentralized finance (DeFi) protocols. Debuting in 2020 on Aave, crypto flash loans allow advanced users to instantly borrow large sums of crypto without having to deposit any collateral. However, as the name implies, these loans need to be repaid straight away, this is within the same block. Nevertheless, flash loans have several important use cases despite their short-lasting nature.
The BEP-95 proposal has been activated on Binance Smart Chain, which brings a new “real-time” BNB burning mechanism to the blockchain platform.
Square Inc. has announced that it will be rebranding itself as a corporate entity to Block. In a press release announcing the rebranding, the company mentioned blockchain as one of the meanings that are associated with the new Block name. Block's CEO is Jack Dorsey, a vocal proponent of Bitcoin.
Let's take a look at 8 projects in the NFT space that have their own tokens, which can represent a way to get exposure to the potential future growth of the NFT sector.
