Daily Brief Crypto: What Is Kyber Network and How Does It Work? and more

• What is Kyber Network and how does it work?
• The relatively old protocol might not be the most popular option with its meager $15 million TVL, but future updates have the potential to turn Kyber into a liquidity hub for the entire DeFi market.
• There are almost too many decentralized exchanges in DeFi, which contributes to a rising problem of liquidity balkanization.

• Are NFTs more than just pictures issued on a blockchain?
• There must be surely something more to non-fungible tokens, given that one sold for $69 million last week. Not an avid reader? That’s fine.
• You can also learn about NFTs in video format! Non-fungible tokens (NFTs) have, for better or worse, expanded into new territory: mainstream circles.

• Even if the Tether FUD is only typical FUD, we still have to search for other healthy alternatives that help investors with hedging against the market.
• For some, algorithmic stablecoins are the best option and one popular project that stands out is Frax Finance.
• Without a shadow of a doubt, stablecoins are the most boring type of cryptocurrencies.

As of recently, Binance Smart Chain’s elusive PancakeSwap became quite popular among DeFi investors, reaching a level where it competes against traditional DEX options like Uniswap and SushiSwap.

Did PancakeSwap rightfully earn its fame and if so, how?

PancakeSwap is a decentralized exchange on Binance Smart Chain, one of Ethereum’s top competitors.

• Rocket Pool is undoubtedly the most popular name in the arena of Ethereum 2.0 staking pools, but how does it work and is it secure enough for beginners?
• Ethereum 2.0 is here, and everyone is now interested in making profits from their existing crypto assets by staking.
• Ethereum 2.0 is here, and everyone is now interested in making profits from their existing crypto assets by staking.