Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
Arbitrage is the process of profiting between price discrepancies of assets between different markets. It is often used in FOREX trading and can be a profitable source of passive income when applied correctly. Crypto arbitrage is no different. In fact, the opportunities afforded by the innovation in the blockchain industry has propelled innovation within the space, using arbitrage in complex and nuanced ways.
The price of cryptocurrency on exchanges is set by the price of the most recent trade. As supply and demand fluctuate, so too do the prices of crypto assets. When prices of the same asset vary from one exchange to another, this creates an opportunity for crypto arbitrage.
Arbitrage is used across many different markets, particularly in local currency exchanges. This tool utilizes a small window of opportunity whereby traders have the chance to profit from time-sensitive variations or discrepancies during fluctuations in asset prices.
Fundamentally, arbitrage is about getting...
As mainstream adoption of blockchain technology continues to accelerate, many businesses and organizations are looking for ways to implement blockchain into existing business models. However, many businesses feel they don’t have the time or the resources to start from the ground up. Blockchain as a service (BaaS) assists in creating tailor-made blockchain solutions for business enterprises that improve accountability and promotes transparency.
In this article, we look at some of the many reasons that businesses are rushing to adopt blockchain services and explore some of the projects providing these services and how they work. We’ll also explore some of the broader implications of enterprise adoption of blockchain and how this affects the industry and the cryptocurrency markets.
The use cases of blockchain technology within business are virtually endless. To get a better understanding of enterprise blockchain solutions, be sure to enroll in Ivan on Tech Academy. The...
Harvest Finance is an automated yield farming protocol created for users looking to put their assets to work in high producing farming opportunities. Harvest will best appeal to those who can’t manage their decentralized finance (DeFi) positions 24/7 - which is most of us.
If you’ve spent any time in DeFi, then you already know that manually moving funds around the various protocols takes time. Developing strategies and auditing positions takes time and the gas costs on the Ethereum network are high.
Harvest Finance seeks to help with all of this by automatically searching out the newest DeFi platforms with the highest yield. It then optimizes yield with the latest farming techniques.
So, Harvest works best for those looking for a convenient way to harvest yield from the latest projects in DeFi. Hence the name, “Harvest.” To put funds to work in these high-yield farming opportunities, users just need to deposit supported tokens to get started.
Cryptocurrencies have evolved massively over the past decade. What was once perceived as a novelty or even a joke, is now at the forefront of technological innovation, pushing towards a new era in modern finance. But how is cryptocurrency used, and what are the advantages of crypto?
In this article, we explore some of the various innovative use cases for cryptocurrency, the advantages of adopting blockchain technology, and how it is implemented across various sectors. After reading it, you’ll know all about how cryptocurrency is used, and various advantages crypto presents over legacy technologies.
Are you new to the cryptocurrency sector? If so, we highly recommend that you check out Ivan on Tech Academy. The Academy is the best place to learn all about cryptocurrency, Bitcoin, blockchain and decentralized finance. We cover everything from crypto for beginners to advanced courses on Ethereum smart contract programming. Join today!
Cryptocurrency is a...
Non-fungible tokens (NFTs) are famously gaining popularity in the gaming and collectible space, and is one of the latest booming areas of the crypto industry. However, the use cases for NFTs stretch far beyond gaming and collectibles. In fact, developers are creating entire virtual worlds using NFTs, and we are still very much in the early stages of adoption. Moreover, NFTs can be used in a wide variety of sectors, from the art industry to within music, fashion, and much more.
In this article, we detail some of the various ways you can use non-fungible tokens. We’ll cover some of the basics of NFTs, how they work, what they are used for, and why NFTs are becoming one of the hottest trends in crypto. As such, we answer “what are NFTs”, and detail the different types of NFTs, such as ERC-721 and ERC-1155.
If you want some backstory to the cryptocurrency industry and better understand what functions NFTs fulfill, we highly recommend you to enroll in Ivan on Tech...
You have likely, at one point or another, heard of Facebook’s crypto effort “Libra”. Libra is usually described as a blockchain-based cryptocurrency stablecoin, although some challenge whether Libra will ever be seen as a “true” cryptocurrency. However, Libra’s story has been long and winding, and many may wonder where Facebook’s Libra crypto is in 2020.
So, first of all, what is Libra? Well, Libra is commonly known as “Facebook’s crypto”, but the full story is a bit more complicated than that. What’s more, Libra has changed radically since it was first announced in June 2019.
This article looks at the Libra coin's specifics and answers the question, “where is Facebook’s crypto in 2020”. Is Libra going to become the “Bitcoin killer” some assume a Facebook-backed cryptocurrency could be, or will it struggle to gain traction? Read on for a full breakdown of Facebook’s crypto effort...
The decentralized finance (DeFi) industry keeps on booming. As such, there is a surge of interest in becoming a DeFi developer and being able to help create the DeFi ecosystem of tomorrow. Perhaps one of the most well-known DeFi developers in the space is Andre Cronje, the prolific coder and creator of Yearn Finance and the YFI token, a yield aggregating platform that took the decentralized finance (DeFi) world by storm earlier this year.
So, let’s take a closer look at Andre Cronje, and see how you can become a DeFi developer like him. Originally hailing from South Africa, Cronje made his way to the DeFi space in a somewhat roundabout way. First, he started in pursuit of a law degree but opted out to instead focus on computer science. He finished a computer science program in only six months and then worked in FinTech, before ultimately becoming captivated by the DeFi industry.
To preface this discussion, however, we strongly urge you to take a look at the various DeFi...
In 2020, it can seem that blockchain technology is on everyone’s lips. Specifically, blockchain is starting to break into the mainstream as countless high-profile companies are increasingly adopting blockchain. So, what is blockchain used for in business? Let’s take a closer look together at some enterprise blockchain solutions and use cases!
Blockchain technology is likely best known as the technology underpinning cryptocurrencies, altcoins, and CBDCs. Nonetheless, blockchain and distributed ledger technology (DLT) affect countless facets of society far beyond merely digital currencies.
Many also believe that decentralized finance, or DeFi, could hold the keys to banking the unbanked. Millions of people currently lack access to traditional financial services, and blockchain-driven decentralized finance could potentially solve this.
Terms like Bitcoin, blockchain technology, and cryptocurrency alone can feel intimidating to some people, others though may feel excited to hear about it. Blockchain is a relatively new technology given to us by an anonymous developer(s) known as Satoshi Nakamoto in 2008, and is still in the ‘early adoption’ phase. As such, there is still some fear or confusion around the subject, due to a lack of understanding and education. Some people, however, are intrigued about the subject enough to dig a bit deeper, and will start searching the internet for Bitcoin courses to learn more - if you are one of those people, welcome!
In this article, we briefly cover what Bitcoin is, and how it functions to give context for your next stage of learning. We explain why people are buying Bitcoin, and why more and more people are wanting to take that next step of education in the crypto and blockchain industry, before suggesting the best course to start with that’s right for...
Internet privacy and security is on more people’s minds than ever, and the increasing digitalization is only making this more obvious. As such, VPNs are more popular than ever. These tools allow users to surf the web privately and more anonymously, without the risk of hackers acquiring sensitive information. Along with the increase in VPN interest, we can also see that the crypto market is rapidly growing. Developers are launching innovations and new applications with blockchain technology at the foundation. The development in these two fields has led to the creation of the Orchid crypto VPN application - a new decentralized VPN developed using blockchain technology.
Decentralized solutions leveraging blockchain technology are becoming increasingly common. Consequently, Orchid VPN is just the latest in a long line of various decentralized solutions. If you want to learn more about the blockchain field, Ivan on Tech Academy is the obvious choice. Over 20,000 students have...