We are thrilled to announce the launch of the Genius Academy!
Genius Academy is an upcoming educational portal where users can learn about crypto, blockchain, DeFi, and more. Being a part of the broader Genius Yield ecosystem, the Genius Academy arms readers with the necessary toolsets by availing in-depth articles for users to better grasp the increasingly sophisticated and dynamic crypto and DeFi ecosystems. This way, they can confidently leverage blockchain-led solutions presented by dependable DeFi protocols or cryptocurrency networks like Cardano as they inch closer to financial autonomy.
Regardless of experience in crypto and blockchain, Genius Academy users will learn about DeFi concepts like DEX, NFTs, curving bonds, liquidity pools, order books, concentrated liquidity, oracles, and much more. The academy will use its experienced team to create easy-to-consume DeFi, crypto, and blockchain content, thereby helping promote adoption. This mirrors Genius Yield’s objective of making DeFi solutions easy to utilize and blockchain technology, often wrapped in complex jargon, understandable for everyday users.
Strengthening user education is necessary for fast-tracking the uptake of DeFi and crypto solutions in the real world. According to a research study, by the close of 2021, there were less than 300 million unique crypto wallets, representing a 178 percent jump from 2020. Although the numbers are impressive, there was less than two percent of crypto acceptance in payments, despite substantial interest among online retailers to adopt digital assets. Researchers picked out fear related to volatility and asset security and the steep learning curve in crypto as obstacles slowing adoption. The Genius Academy is at the forefront of addressing the latter problem by availing a simple-to-use educational platform where users can, at any time, learn and grow their cryptocurrency and blockchain knowledge.
The Genius Academy is initially launching with over 70 articles, guides on DeFi, NFTs, and blockchain, and videos covering essential cryptocurrency-related topics. Genius Academy will gradually add more articles and courses on various topics, mainly in DeFi and crypto. Three reputable experts in Dr. Lars Brunjes, who holds a Ph.D. in pure mathematics from the University of Regensburg in Germany and is an expert in Haskell and Plutus programming languages; Christopher Fox, a Ph.D. holder who helps financial innovators shine as thought leaders, and Loic Staub, a Swiss attorney-at-law and a Regulatory Leaser at JayBee who has been active in the crypto field since 2016, will be part of the Genius Academy program. Dr. Lars is the Genius Yield Chief Technology Officer (CTO) and works on several scientific topics in IOG, the lead developer of the Cardano blockchain.
Commenting, Dr. Lars Brunjes said:
“I’m excited to help with the launch of the Genius Academy and its mission of educating the rapidly growing crypto base. This platform complements the broader objectives of the Genius Yield, an all-in-one platform democratizing DeFi. I’ll actively participate in this program as one of the Academy’s experts, sharing my knowledge on Plutus and Haskell.”
Genius Academy has broad plans of becoming a leading crypto and blockchain educational platform. Towards this grand goal, it acknowledges the importance of striking valuable collaboration with established institutions with whom they share similar goals. This is why the Genius Academy is partnering with the PSL University (Paris Sciences & Lettres), an umbrella bringing together 11 ivy-league universities and engineering schools in France.
In addition, Genius Academy works with several companies such as Emurgo Academy to explore synergies and provide our audiences with ever better content.
PSL is ranked in the top 50 highly ranked universities in the world and benefits from its close collaboration with three research institutions: Centre national de la recherche scientifique (CNRS), Institut national de recherche en sciences et technologies du numérique (INRIA), and Institut national de la santé et de la recherche médicale (INSERM).
- CNRS is the The French National Center for Scientific Research is the French state research organization and is the largest fundamental science agency in Europe.
- INRIA is the French National Institute for computer science and applied mathematics that promotes “scientific excellence for technology transfer and society”.
- INSERM is the French National Institute of Health & Medical Research) is the only public sector research institution in France exclusively dedicated to human health.
PSL has also partnered with Ecole Française d’Extrême-Orient (EFEO), Ecole nationale d’administration, Ecole nationale supérieure des Arts Décoratifs (EnsAD), and la Fémis, Beaux-Arts de Paris as their three main academic partners.
- EFEO is the only French establishment entirely dedicated to Asian studies. It conducts research in Human sciences and contemporary problematics.
- EnsAD is a public institution of higher education under the authority of the French Ministry of Culture and Communication.
- Beaux-Arts de Paris is a teaching institution and conservator of 450,000 works of art, from the ancient to the contemporary.
Following PSL’s agreement with the Genius Academy, MINES Paris — PSL and Paris Dauphine University professors will give lectures in an arrangement where registering students will get a degree suitable for mid-career executive professionals.
The Genius Academy is an educational and mentorship academic platform by Genius Yield, a protocol on Cardano, that teaches DeFi concepts through simple-to-understand articles for all classes of crypto users. The portal’s courses are being drafted by experienced tutors and experts packaged to support everyone in their journey towards financial freedom.
Genius Academy webpage: ₢
Original Source: https://geniusyield.medium.com/genius-academy-is-live-2205116a8b90
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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
For more on PrivaCrip (PRCR), check below:
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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