Blockchains and Profitability

Blockchain profit is considered to be everything it earns beyond token issuance. If the network earns $1 million in a year and issues new tokens worth $1 million, the profit is zero.

Today, we’ll compare the earnings of top blockchains and assess the state of L2 networks:

Ethereum: Ethereum leads in revenue with $2.22 billion in the last year. However, due to the issuance of more ETH than its earnings and reduced L2 fees, it recorded a net loss of $15 million.

Tron: It ranks second with $1.4 billion in revenue and a net profit of…

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Everstake and the Cosmos Ecosystem Report

Cosmos, known as the “Internet of Blockchains,” is a decentralized network where independent blockchains operate based on the Proof-of-Stake mechanism. The main blockchain, Cosmos Hub, uses the ATOM token for staking, governance, and transactions. Staking ATOM involves locking up tokens, which not only generates income for stakers but also enhances the security and decentralization of the network.

Everstake noted that the Interchain is currently experiencing a record surge in activity. The Inter-Blockchain Communication (IBC) protocol, connecting over 100 Cosmos chains, ensures a stable and interconnected environment through rapid data transfer. Recent integrations with networks such as Ethereum, Solana, and…

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Price Slippage

Price slippage occurs when a market order is executed at a price different from the one specified in the exchange order. This can be caused by high volatility or low liquidity. For on-chain transactions, the speed of transaction confirmation in the blockchain is crucial.

Causes and Mechanisms of Price Slippage

1. Increased Volatility: Especially on DEX exchanges, the price of a cryptocurrency can change within fractions of a second. The execution price of an order can significantly deviate from the one specified in the order.

- Sharp Price Fluctuations: In the cryptocurrency market, prices can…

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Differences Between Neural Networks and Artificial Intelligence

Artificial Intelligence (AI)
Artificial Intelligence (AI) refers to computer technologies that enable machines to perform tasks that traditionally required human intelligence. AI encompasses a wide range of technologies aimed at mimicking human reasoning. Neural networks are just one component of AI.

In addition to neural networks, artificial intelligence includes the following technologies:

- Machine Learning: Developing algorithms that can learn from large volumes of data.
- Logical Programming: Solving tasks related to planning, reasoning, and forecasting.
- Genetic Programming: Using principles of genetics and biological evolution to solve problems.
- Game…

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Genesis has begun distributing approximately $4 billion among creditors

The collapsed crypto lender Genesis has completed its restructuring process and has begun distributing digital assets and funds amounting to approximately $4 billion among its creditors.

According to a press release, Genesis does not intend to limit compensation to the value of assets at the date of the bankruptcy filing. On average, clients will receive 64% of their claims in-kind during the initial distribution, although the final amount depends on the specific asset.

Creditors holding Bitcoin will receive 51.28% compensation. Clients expecting Ethereum will get back 65.87% of their assets.

Furthermore, as part of the restructuring, the company is…

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DYOR and Its Importance for the Crypto Community

Stable Unpredictability

The cryptocurrency market is known for its volatility and often surprises even seasoned investors. In 2023, more than half (59.35%) of the tokens tracked on CoinMarketCap were abandoned by developers. Before investing in a new project, it is essential to reduce uncertainty by conducting your own research (DYOR).

Fundamental Analysis (FA)

FA in the cryptocurrency market differs from traditional financial markets. It is crucial to consider factors such as tokenomics, the project team, use cases, and community activity. Unlike stocks, where financial reports are analyzed, different factors take precedence in the crypto industry.…

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NFT Scam and How to Protect Yourself

What determines the value of NFTs?

1. Uniqueness and Rarity: The more exclusive an NFT is, the higher its value. Unique artworks or rare in-game items can be highly valuable due to their limited availability.
2. Popularity and Demand: NFT prices can significantly increase if they become popular among collectors and investors.
3. Utility: In the gaming industry, the value of NFTs can depend on their functionality. Items that offer significant advantages usually cost more.
4. Market and Liquidity: In active markets with numerous buyers and sellers, prices tend to be…

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Cryptocurrency Exchanges Identify Likely Causes of Market Crash

Representatives from Binance, Bybit, and Bitget commented on the current situation in the cryptocurrency market and the decline in prices of most assets:

- Kirill Khomyakov, top manager at Binance, noted that the drop in major indices and futures in the stock market is related to fears of a recession. He emphasized that a similar sell-off occurred in the crypto market, leading to a redistribution of capital away from high-risk assets. Khomyakov also pointed out the significant correlation between the stock market and cryptocurrencies, noting that investors are looking to reduce risks in times of economic instability.…

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Elon Musk Files New Lawsuit Against OpenAI

Billionaire Elon Musk has once again initiated legal proceedings against OpenAI, according to the New York Times.

The lawsuit alleges that the AI startup and its founders, Sam Altman and Greg Brockman, violated the company’s founding agreement by prioritizing commercial interests over the public good.

Similar accusations were made in a previous lawsuit that Musk withdrew in mid-June without explanation.

According to the statement, Altman and Brockman, along with Musk, founded OpenAI in 2015 with the aim of developing artificial intelligence for the benefit of humanity. However, it is alleged that they deviated from this mission by entering into…

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August and September have traditionally been unfavorable months for Bitcoin.

Ali Martinez notes that in the past week, the value of BTC has dropped by 24%.

In 2022 and 2023, August was an unfavorable month for BTC, with declines of 13.88% and 11.2% by the end of the month.

September is also not considered a good month for Bitcoin, and Martinez does not rule out a repeat of the bearish trend this year.

He also points to an important support zone around $47,140, where nearly 900,000 addresses bought 489,000 BTC, which should act as a safety net if Bitcoin falls below $50,000.

The recent drop in BTC has led…

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Morgan Stanley begins offering clients the opportunity to purchase Bitcoin ETFs from BlackRock and Fidelity.

This event marks an important step for the cryptocurrency market, as Morgan Stanley has always been one of the few banks consistently supporting cryptocurrencies without changing its stance.

A few years ago, Morgan Stanley opened up Bitcoin fund investments to its clients, demonstrating its commitment to innovation in the financial sector. Now, starting tomorrow, they will actively promote Bitcoin ETFs through their extensive network of 15,000 financial advisors.

Financial advisors in the West play a key role in shaping market trends and making investment decisions. Their influence extends to the cryptocurrency market, leading to expectations of significant liquidity inflows.…

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