Blog: CoinCentral

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Author Adam Stieb, Alex Moskov, Bennett Garner, Delton Rhodes, Elizabeth Gail, James Risberg, Marshall Taylor, Munair Simpson, Paul Andrew, Steven Buchko,
Stats Has published 42 posts about cryptocurrency

Mar 05 2021

Octaloop Hosts Blockchain Hackathon unblock2021

Mar 3, 2020: Blockchain is an industry that’s always building. Whether it’s creating new applications for decentralized networks or maintaining existing ones, blockchain is constantly evolving, and that wouldn’t be possible without the minds behind them. Developers are the foundation of the blockchain industry, but development resources are still scarce. The current infrastructure...

Aave vs. Compound: Which DeFi Lending Platform is Better?

Aave and Compound are two of the most popular cryptocurrency lending protocols with competitive rates. As such, Aave and Compound are frequently compared. Aave’s rise from its early days as ETHlend and its growing influence in the DeFi (Decentralized Finance) space makes for an impressive narrative. The upstart platform often battles and sometimes even bests the upper echelon of...

Feb 25 2021

What is NBA Top Shot? A Booming Blockchain-based Market of NFTs

NBA NFTs are one of the most active intersections between the cryptocurrency digital asset and collectible ecosystems, and the closest NFTs have come to the mainstream (so far.) Created by Dapper Labs, the NFT token standard makes the act of collecting, storing, and trading digital assets a much...

Feb 20 2021

What Are NFTs? Non-Fungible Tokens, Explained

Non-fungible tokens are a special type of token that represents a unique asset. Most of us have heard about digital cash at this point. The rise of Bitcoin has made cryptocurrency...

What is Upland.Me? Virtual Property NFT Game in the Blockchain Metaverse

Upland.Me, a virtual property metaverse that offers true ownership of NFT property parcels mapped to real addresses, recently partnered with a company called Tilia Pay to pave the way for what the team is calling a truly digital economy. Upland is a blockchain-based game in which users can buy, sell, and trade virtual properties mapped to the real world. By becoming a “digital...

Feb 11 2021

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Feb 11 2021 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. BlockFi Interest Account Quick Summary...

Jan 28 2021

What is Dogecoin: The World’s Most Valuable Joke or Speculative Altcoin?

Jan 28 2021 Published at CoinCentral under tags  articles dogecoin

Dogecoin is an open source peer-to-peer digital currency. Part meme, part functional token, part legend in the cryptocurrency community, Dogecoin makes for an interesting case study. Dogecoin is like the class comedian who got kicked out of school for making jokes who ended up becoming a billionaire anyway. While it’s easy to dismiss...

Jan 25 2021

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Jan 25 2021 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. BlockFi Interest Account Quick Summary...

Jan 15 2021

What is Tether? Is the USDT Stablecoin Legit?

Jan 15 2021 Published at CoinCentral under tags  articles tether usdt

Tether is a cryptocurrency pegged to traditional fiat currencies and backed 1:1 by reserves of these traditional currencies held in accounts under Tether’s control. There are currently Tether tokens backed by US Dollars (denoted by the symbol USD₮) and by Euros (denoted by EUR₮...

A Beginner’s Guide to Dogecoin Mining

So, you want to mine Dogecoin. The good news is you've come to the right place to get started mining the most successful meme coin available to humankind. Welcome to the community that sent the...

Jan 12 2021

Should You Use Multiple Cryptocurrency Wallets?

As more people enter the cryptocurrency ecosystem than ever, it’s important to rehash a few common concerns about keeping cryptocurrency safe. Many beginner to intermediate-level users wonder whether or not they should have a dedicated cryptocurrency wallet for each digital asset. One of the best ways to guarantee security, beyond...

Jan 08 2021

What Is the Best Cryptocurrency Interest Account of 2021?

Cryptocurrency interest accounts are making a strong case for the disintermediation of traditional interest-bearing accounts by offering 10x to 64x more APY. Platforms like BlockFi and Celsius offer around 8.6-11% APY on stablecoins– dollar-pegged assets now capable of earning 10x to 30x more...

Best Cryptocurrency Interest Account 2021: Highest Rates & Best Security

Cryptocurrency interest accounts are making a strong case for the disintermediation of traditional interest-bearing accounts by offering 10x to 64x more APY. Platforms like BlockFi and Celsius offer around 8.6-11% APY on stablecoins– dollar-pegged assets now capable of earning 10x to 30x more...

Jan 06 2021

What is Abra? | An Investment App on the Litecoin Network

Jan 06 2021 Published at CoinCentral under tags  abra investment app litecoin news

What is Abra? Abra is a cryptocurrency investment platform that enables users to buy, sell, trade, and earn interest on a variety of cryptocurrencies. With as little as $5, users can earn around 10% interest on stablecoins and 4.5% interest on Bitcoin, compounded daily....

Why Are NFTs Trending? Exploring the Growth of NFT Collectibles

NFTs boast a variety of uses, but their application to gaming, in particular, is gaining traction. Each year, players spend billions of dollars on virtual assets (like Fortnite skins) to enhance their digital experience. The problem is that with these assets held on company servers, players don’t actually own them. If the game shuts down, or you get tired of playing it, those...

Jan 02 2021

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Jan 02 2021 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Dec 20 2020

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Dec 20 2020 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Dec 18 2020

Global Party Brand Space Yacht Joins the Crypto Art Space with NFTs

Dec 18 2020 Published at CoinCentral under tags  art articles cryptocurrency art nft

Space Yacht started as a small music industry party in the back alley of a Los Angeles speakeasy in 2015, and has since become a heat-seeker for the next-up of dance music talent. Before COVID kneecapped the industry, the tastemaking brand had been running weekly residencies and events internationally, throwing 150 shows per year. Its approach to events took the world by storm...

Dec 15 2020

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Dec 15 2020 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Dec 11 2020

[Updated] Does Bitcoin’s Enhancing Anonymity Mean Doomsday for Privacy Coins?

Dec 11 2020 Published at CoinCentral under tags  articles bitcoin dash monero privacy coins

In the early stages of Bitcoin development, most cryptocurrency enthusiasts tended to think that the original digital currency offered them complete anonymity and they could make purchases with this type of “new money” without revealing their identities. The level of Bitcoin’s privacy was often compared to that of Swiss bank clients. However, that was far from the case. Is Bitcoin anonymous? Bitcoin transactions...

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