Decentralised Finance (DeFi) is here to stay. The past 24 months or so have been the dawn of the future of finance and one of crypto’s most exciting times. A huge portion of those invested in this space is still sat on the sidelines holding their coins in their...
Blockchain is the technology that enables Bitcoin and other cryptocurrency transactions to be stored and tracked transparently. If that doesn’t mean anything to you consider going back to reading our What is Bitcoin? post in our community guides. Or equally, read on...
If you try and explain NFTs to a relative (after reading this article), they are going to look at you and ask if you have been smoking something you shouldn’t have. The conversation will go something like this... “Crypto-art? On the what-chain?” “Didn’t you use my...
There was somewhat of a goldrush recently in the decentralised finance space and it was the explosion of the Binance Smart Chain (BSC). Lots of projects went 20-30x in a matter of weeks like Beefy Finance, Auto and Pancake Swap, to name a few. So what is the Binance...
The world of decentralised finance is a weird and wonderful place. When we take people through it in our one-to-one sessions, we are constantly met with sceptical comments. This is because when you look at some of the high APY liquidity pools and vaults you can put...
If you have spent longer than 24 hours in the crypto space, you will know by now that they are a highly emotionally charged market. It can get to you too if you don’t keep yourself in check. The pumps are incredible and you start booking test drives for your Mercedes...
We will finish off this postmortem at the end of the week as we think there will be a lot of twists and turns until then… Also, don’t listen to anything I say I am literally an idiot. The issues this week have in my opinion has been caused by huge Bitcoin sell-offs by...
To understand why Bitcoin and other cryptocurrencies are important we have to take a look at why they were created in the first place. In 2008, Satoshi Nakamoto published a document that showed a peer-to-peer digital currency that required no third-party company or...
Bitcoin or BTC is a permissionless and decentralised peer-to-peer digital currency that allows trustless transactions without the need for an intermediary. Well, that sentence doesn’t help anybody, and here at blocmates, we try to remove the jargon and make it...
The whole reason behind blocmates is to knock down the barrier to entry for newbies getting into cryptocurrency. So we have taken it upon ourselves to go back to basics and think from the mind of a complete stranger to all things crypto. A lot of this article will be...
Blogmates. weekly post - 12 February 2021 What a week! Again... There is nothing that surprises me in the crypto world anymore. It really is the wild west of the financial industry. This week saw Ethereum futures being traded on the CME. What that means in basic human...
Why you haven’t missed the boat. If thinking you are late to the party is stopping you from investing in cryptocurrency then you are wrong. You may have not made it to the equivalent of the Wednesday at Glastonbury festival but you still have the rest of the weekend...