Stablecoins. A cryptocurrency house of cards worth $125 billion.

ByMr. Advice

Stablecoins (tokens such as USDT, USDC, BUSD, DAI, UST, PAX and others whose value is unchanged at $1.00) have become the backbone of the cryptocurrency ecosystem. They play a key role in the functioning of cryptocurrency trading and decentralised finance (DeFi). Their market capitalisation has quadrupled since the beginning of 2021 and now stands at more than $125 billion. However.

Former Reserve Bank official pushes India to accept cryptocurrencies

ByMr. Advice

Former RBI deputy governor sees cryptocurrencies as a taxable asset or commodity. A former deputy governor of the Reserve Bank of India (RBI) has spoken on the country's financial and crypto ecosystem and said that digital assets need to be accepted. Speaking at the inaugural HODL '21 virtual conference organised by the Blockchain and Crypto Assets Council (BACC) on 7 September, Rama Subramaniam Gandhip said,...

DeFi regulation must not kill the values behind decentralisation

ByMr. Advice

The growth of DeFi platforms improves financial inclusion and should be allowed to flourish in a regulated and therefore protected environment. The development of decentralised finance (DeFi) allows people who previously did not have a bank account to access financial services. With DeFi, these individuals are able to save money, use simple loans, derivatives and insurance products....

It's 2021 and now, it's official, we're changing the name from savings account to waste account - Piotr Borowiec

ByMr. Advice

If you keep money in a savings account, you'd better read this! Due to unprecedented money printing in recent years, inflation is accelerating like crazy around the world. What's more, this is only the beginning and we can expect with a high degree of certainty that it will only get worse. Why is this happening and how can we protect ourselves from it? Read on to find out more!...

Binance Smart Chain - blockchain black sheep or the cool new kid on the blockchain blockchain blockchain circuit?

ByMr. Advice

In my 5 years of adventure with cryptocurrencies, I have used passive income building tools built on at least 6 different blockchains. Today I wanted to write about one of these blockchains, namely Binance Smart Chain (BSC). For a better context, I decided to write about BSC comparing it to Ethereum, after all it is simply a copy of the blockchain....

Number of crypto users doubled in just six months.

ByMr. Advice

The total number of cryptocurrency users doubled in the first six months of 2021, mainly due to crypto adoption by institutions and a rash of so-called memecoins such as DOGE and SHIB. The number of cryptocurrency users appears to have doubled since 21 January this year, according to Crypto.com's global cryptocurrency adoption study. More than 2% of the population...

Buying property using Bitcoin is becoming increasingly popular.

ByMr. Advice

Cryptocurrency investors are betting on real estate this year. The New York Digital Investment Group (NYDIG) recently conducted a survey showing that as many as 46 million Americans own bitcoins, representing 22% of all adults. Some cryptocurrency investors, while optimistic, have expressed concerns about the safety, security and high volatility of the digital asset's price. For example, Nickel Digital Asset...

Institutional investors' appetite for digital assets, including cryptocurrencies, is growing.

ByMr. Advice

New data shows that institutional investors' interest in cryptocurrencies and cryptocurrency-related businesses continues to grow. Fidelity Digital Assets, the cryptocurrency arm of global asset management giant Fidelity Investments Inc, commissioned Coalition Greenwich to survey 1,100 institutional investors to understand their expectations for investing in digital assets. The majority of investors surveyed were clear that in the near future they would...

Yes, making money from crypto CAN be risk-free!

ByMr. Advice

With the recent parabolic rise in value and growing popularity of Axie Infinity (AXS), a blockchain-based game (and, at the time of writing these words, the 63rd cryptocurrency in the world), I decided it was a good time to write about all the ways to make money with cryptocurrencies, without any risk. All the methods you will read about in this article require no investment....