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Sunaxi
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I am really keen on new technologies and I love exploring new ideas the world can offer. I am also a language learner. At the moment I can speak three languages fluently. I do believe communication is a key to everything.
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Keep Your Guard Up: Some of the Most Audacious Crypto Scams
Sunaxi 4 min read Do you know how everyone keeps telling you to be extra careful in the crypto world? Do you remember how annoying it may be? These feelings are totally understandable. However, we would like to show how a little attention to detail never harms anyone. Cryptocurrencies have become extremely popular. Their adoption is only increasing over time
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The History Of The Memecoin: How It Started, How It's Going
Sunaxi 4 min read Let’s start with answering the basic question: what is a memecoin? First of all, it is a coin based on a well-known funny meme. Memecoins have been around for a very long time. At the very beginning, they were created by a person or a group of people and promoted by certain communities who shared the same sense of humor. Later it turned out that t
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Exploring Cryptocurrency Halvings Beyond Bitcoin: The Impact and Future of Digital Currency
Sunaxi 6 min read One of the major events in the crypto world is halving. It also seems to be a very awaited event, since it has proved to influence prices. So in this article we are going to talk more about various types of halvings, what halving means, and explore its influence on cryptocurrencies. There are different types of cryptocurrencies. The most im
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Understanding the Factors Behind the Recent Plunge in the Crypto Market
Sunaxi 5 min read Just like any other financial market the crypto market is a system of connected elements. Any significant activity in one of the small areas of this system inevitably results in a reaction from the rest of it. Lately, crypto news have been rather alerting. In the previous weeks, two major crypto exchange services faced charges from the US
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Exploring Bitcoin Ordinals and the BRC-20 Token Standard
Sunaxi 5 min read Bitcoin Ordinals: An Introduction So far the majority in the crypto world has been talking about Bitcoin as a store of value. This idea initiated a heated debate, which has not eased off until this day. Nonetheless, what can be seen in practice is that Bitcoin is rarely used actively as a means of payment. Even though there are interesting cases,
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In Search of The Best Stablecoin
Sunaxi 6 min read Stablecoins are cryptocurrencies that are designed to have a stable value, unlike other coins whose values can fluctuate wildly. They are pegged to fiat currencies such as USD. This means that the price of a stablecoin will not change significantly in response to market movements. Stablecoins can be used as a store of value, a medium of exchang
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USDC Depeg: What Happened?
Sunaxi 5 min read What Is USDC? USDC is a token issued by Circle, a well-known cryptocurrency company. It is one of the largest stablecoins , and it is supposed to be pegged to the dollar in 1:1 ratio. USDC’s main goal is to facilitate easy and cheap cross-border payments for individuals and businesses. The idea behind USDC is that it should always be worth on
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What's Behind the Recent Crypto Rally
Sunaxi 4 min read 2022 was full of events for the crypto world. It would be accurate to say that it was rough. And at the start of 2023 everyone froze in expectation of positive changes. The State of the Crypto Market as of Late 2022 Probably, the most anticipated event of 2022 was the Ethereum merge. United with their partner, the Beacon Chain, Ethereum
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