How to do your own research (DYOR) and pick a crypto 100x gem. Crypto is a very overwhelming industry. There is an awful lot to wrap your head around and it can often lead to people falling at the first hurdle. The whole idea of blocmates is to completely remove the...
With Bitcoin and other cryptocurrencies giving you the ability to be your own bank, the old phrase “With great power, comes great responsibility” springs to mind. Storing your cryptocurrency in a secure way is vital, and no, an exchange is not a secure way to store...
DeFi or decentralised finance is, in its purest form, using the blockchain to remove the need for a middleman. Instead of a bank, insurance company or a broker, smart contracts are used to settle financial agreements. Smart contracts, for a quick refresher, are...
Blogmates. weekly post - 05 February 2021 Another crazy week. The richest man in the world (on and off) announced he will be stepping down as CEO. Yes, we are talking about that man Jeffery Bezos. The man who could use his net worth to buy nearly ⅓ of all Bitcoin on...
We are going to cover our standard procedure for taking a new user through setting up an account and buying their first crypto. Just to be 100% clear here. You have complete control over your decisions and accounts. We have noticed an awful lot of people on social...
Ethereum is a globally-distributed, open-source ecosystem powered by smart contracts, that allows for the use, and development of, decentralised applications (DApps). All of which is powered by its native currency ether (ETH)… No, no, no, no, noooo… Why make it more...
Chainlink is a decentralised oracle network that connects real-world data to on-chain smart contracts. STOP - Yeah that doesn’t make a lot of sense and doesn’t help anyone… Let’s break it all down strip back and then build it back up again. Tip - If you need to refer...
29/1 - The hedge fund, Melvin Capital decided to take out a short position on GameStop (GME), a high street game retailer, effectively betting that the price of the asset would drop low enough for them to cash in. What hedge funds get out of opening such positions on...
We strongly believe that people are held back by doing the things they want to do because they don’t know how to start. That’s the problem we are trying to solve here at blocmates. Having something to refer back to whilst learning new info is always handy so here’s...