Brzi Pregled
In the crypto world, you’ll often come across two terms: Proof of Stake and Proof of Work. What’s the difference between the two, and when should PoW or PoS be used? Moreover, how much should you stake in PoS? We’ll answer all your dilemma, whether you’re a future miner or just trading crypto every now and then.
Gamers have long dreamed of earning an income from their past time enjoying their favorite medium of art and storytelling – games. But unless a gamer was in the 99.9th percentile of players, that dream seldom became a reality. A new breed of games, play-to-earn (P2E), emerged to try and change this dynamic and democratize earnings for all players. 
A UK-based crypto staking platform, Freeway, halted all of its withdrawals and wiped out information about team members from its website. The official account of FatMan, a user that uncovered the details of the Terra LUNA scam, shared details of the Freeway rugpull, where users seemingly lost over $100 million. 
According to Macrotrends, this multimedia instant messaging app was last riding the success wave on September 24, 2021, as its closing stock price was $83.11—the highest it has ever been. However, Snap’s success was to be short-lived. Its stock value gradually dropped below $10 per share in less than 13 months, resulting in a multi-million net loss.
Snap struggled with insufficient revenue until the fourth quarter of 2021, when its net income reached $22.55 million. Still, the following financial report (Q1 2022) showcased a $359.62 million net loss that dismantled Snap’s chances of generating income soon.
The last two financial reports didn’t show much improvement regarding Snap’s devastating net loss. Q2 2022 was marked by a $422.07 net loss, while the report for the third quarter of 2022 implied a loss of $360 million.
Snap struggled with insufficient revenue until the fourth quarter of 2021, when its net income reached $22.55 million. Still, the following financial report (Q1 2022) showcased a $359.62 million net loss that dismantled Snap’s chances of generating income soon.
The last two financial reports didn’t show much improvement regarding Snap’s devastating net loss. Q2 2022 was marked by a $422.07 net loss, while the report for the third quarter of 2022 implied a loss of $360 million.
Smart contracts are computer programs that automate the control, execution, and documentation of legal-relevant events. They are a way to automate business transactions and make them more transparent. And, they can be canceled or modified at any time if all parties agree to it. These new technologies can automate legal obligations, make payments, and do many other purposes. However, it is crucial to understand how these technologies work before you can start using them.
A wallet recovery phrase acts as a combination in your safe. It protects your account information and prevents prying eyes. As the name suggests, the recovery phrase (consisting of 12 seemingly random but familiar words) can be used to recover your Crypto wallet and manage your accounts if they are stolen or if you simply forget the password. In this article, we’ll answer what’s the best way to store your Secret Recovery Phrase, what happens if you lose it and is there a way to avoid it.
If you were to learn that 94% of crypto owners are Millennials or Gen Zers, would you believe it? At first, it may sound odd, but when you think about it – this group now represents anyone aged 18-40. Now that we have your attention, let’s see what their financial habits look like, in which conditions they work, and what’s their opinion on retirement.
We’re all creating so much valuable information just by existing, and somebody else is profiting from it. Although this isn’t a new issue, it wasn’t until recently that we got a potential solution for this problem.
– Suddenly, a whole new world can open based on the NFTs in regards to keeping track of ownership of data. And that is where Web 3.0 comes into the picture. The companies that are working in Web 3.0 are dealing with this disequilibrium and trying to find ways, so that in the holy grail, each one of us has our own wallet – all of our data is collected for ourselves, and each one of us can come and sell the data to whom we want and receive royalties every time that data is used – says Meirav Harel at the Splet Tech conference.
– Suddenly, a whole new world can open based on the NFTs in regards to keeping track of ownership of data. And that is where Web 3.0 comes into the picture. The companies that are working in Web 3.0 are dealing with this disequilibrium and trying to find ways, so that in the holy grail, each one of us has our own wallet – all of our data is collected for ourselves, and each one of us can come and sell the data to whom we want and receive royalties every time that data is used – says Meirav Harel at the Splet Tech conference.
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