Coinstore Moves Into India Despite Regulatory Concerns
Despite this uncertainty, Singaporean-based exchange Coinstore has started operations with the launch of a web and app dedicated to Indian users. Coinstore co-founder Jennifer Lu revealed that more than 15% of cryptocurrency transactions in India occur on its exchange. This metric is a major factor...
India Crypto Bill – Could India Ban Crypto In Shock Move?
The Indian Prime Minister called for other countries to ensure that emerging technologies like crypto are used to support democracies and not undermine them. The Modi-led government is reportedly working on a bill that would include a blanket ban on private cryptocurrencies. India's Crypto BillThe...
Celsius CFO Arrested In Israel In Major Fraud Investigation
Yaron Shalem joined Celsius in early 2021. Before then, at that point, Shalem functioned as the CFO for Singulariteam, a funding firm owned by Hogeg. Despite the fact that Celsius didn't state which of its representatives was suspended, one can undoubtedly piece two together as...
Bounce Vs Wax – NFT Tokens – Which Is Best?
NFTs short for Non-Fungible Tokens are unique digital assets that represent proof of ownership or certificates for unique assets. Unlike regular cryptocurrencies like Bitcoin, each NFT is unique meaning that no two NFTs can coexist at the same time. This feature has led to different...
BTC Vs ETH — Can Both Live Harmoniously After Crypto Goes Mainstream?
The above comparison is solidly based on the fact that while Bitcoin and Ethereum are similar in some ways, they also have unique features and contributions they make in the crypto space. In other words, there are some activities that Bitcoin can be used for...
How Bad Is Crypto For The Environment Compared To Traditional Finance? Surprising Results
However, the top two cryptocurrencies in the world, Bitcoin and Ethereum, have seen such a massive exponential growth since their inception, and there is no doubt that there is wide adoption of cryptocurrency going on today. However, amid its hype, environmentalists have had concerns about...
The Running Joke Of The Crypto Community – JP Morgan CEO
The rise of cryptocurrencies has been one of the talking points in the past few years. Cryptocurrencies have transformed how we view finance bringing cheap, fast, and secure cross-border transactions. However, the success of crypto has not been without its criticism from the traditional finance...
Epic Games Adopts Crypto And NFTs In Face Of Steam Ban
Epic Games Set to Adopt Crypto and NFTsThe well-known game distribution platform, Epic Games has, as of late reported that they are open to supporting games that utilize digital money or blockchain resources on its game store. In the announcement, they additionally expressed that they...
OpenSea Wallets Compromised As Hackers Cash In
Over the years, as the crypto sector keeps evolving, hackers have always schemed new ways to steal crypto assets and digital tokens from unsuspecting users. With the introduction of each new sector such as the decentralized finance (DeFi) sector and most recently the NFT sector,...
HUH Token – Rewarding Users With HUH And BNB – Is It Any Good?
CoinMarketCap, for example, listed about 2,655 new cryptocurrencies to its database in the first half of 2021 while CoinGecko listed even more. About 3,064 new coins were added to its database at the same time as CoinMarketCap. Another reason for the risky nature of crypto...
JP Morgan Says Institutions Favour Ethereum Over Bitcoin – Why Is It
This trend was revealed in a recent analysis carried out by U.S banking giant JP Morgan Chase. The analysis focused on the Chicago Mercantile Exchange and compared the trading trend of bitcoin futures in the month of September. It was noticed that bitcoin futures traded...
Buy High, Sell Low — Your Guide To Popular Crypto Memes
In his book, he referred to a meme as an idea or concept to replicate contagiously from one human mind to another. Living in a modern globalized era, there is accessible technology to most of us, and in turn, exposure to memes got even more...
Velas Aims To Merge Crypto And AI – Here’s How
Blockchain and artificial intelligence (AI) have developed into driving technologies that power innovation across pretty much every industry. Artificial intelligence refers to machines that are built to perform insightful tasks that have customarily been accomplished by people. Blockchain is a decentralized organization of computers that...
Quantum Resistant Blockchain? A Complete Guide To QAN
Blockchain innovation has many possible applications - from decentralized content storage networks to databases for medical records and supply chain management. Although the present blockchains are considered strong given the kind of encryption they use to ensure private keys and exchanges, this situation cannot last...
Bitcoin Vs Ethereum – Why These Two Have Been At War Since Day One
Similar in some areas, these two networks also have their unique differences. In some cases, some investors choose to include the two cryptos in their portfolio along with some other assets. However, due to the unique differences between Bitcoin and Ethereum, there are crypto users...
Crypto Custody – How It Is Changing The Crypto Landscape
For retail investors, self-custody can be the best option because it is simple, and it gives such investors exclusive control and access over their digital assets. For investors making use of self-custody solutions, they can choose either a hardware wallet, software wallet, or even third-party...
Optimistic Rollups Are Helping Ethereum Scale – Pros And Cons
The expansion debate usually heats up in times of high network activity, such as the CryptoKitties boom in 2017, the DeFi summer 2020, or the crypto bull market in early 2021. During these periods, the unprecedented demand for the Ethereum network has resulted in extremely...
A Guide To Sharding – What Is It And How Will It Change Crypto Scalability?
Any programmer who has ever created a dApp at one point has to consider the limitations of current public blockchains: the most important and obvious thing is that their throughput is limited, such as the number of transactions processed per second. To be able to...
What Is Cross Border Remittance – How Does Crypto Do It Almost Instantly?
Although total remittance inflows have declined, some countries even increased remittance inflows significantly during the crisis. These include Mexico, the world's third-largest recipient of remittances, as well as Egypt, Pakistan, and Bangladesh, which are in fifth, sixth, and eighth worldwide. Among the developing countries, India...
Decentralized Lending And Borrowing Is Gaining Traction – What You Need To Know
One of such explored ways is the DeFi sector. With loads of enthusiasm yielded effectively in the market, DeFi has continued thriving ahead and drawn in a significant capital sum since 2020. As indicated by DeFi-Pulse, the Total Value Locked (TVL) in DeFi programs is...
How Supply Chains Can Be Improved With Cryptocurrency
Blockchain is the digital technology behind Bitcoin and other cryptocurrency networks and is a potential game-changer in the financial world. But another area where there is a great promise is in supply chain management. Blockchain can significantly improve the supply chain by enabling faster and...
With Large Percentage Gains, Dent is Taking Off – But What is it?
As a result, mobile internet has become an indispensable part of our daily life. Dent aims to become a leader in the mobile data space by making it easier for people to buy, sell and share data. This article will focus on what the Dent...
Which Countries Will Adopt Bitcoin Next?
Over the years, we have seen the perception of Bitcoin change from a scam to a hedge against inflation to becoming a country's legal tender. Yeah, you read that right. A legal tender! El Salvador Bitcoin Law On June 9, El Salvador became the first...
NFT Platform OpenSea Sees $2 Billion in Transactions During August
It shows the buzz that the Non-Fungible Token (NFT) market has generated and how OpenSea has dominated this field for the past few months as it now makes up for more than 95% of the total NFT transaction volume. In July, OpenSea was valued at...
Top Three Crypto Exchanges for Beginners
This article is here to help you make a decision. We will highlight the top three exchanges you should use as a beginner and also highlight their pros and cons, so you know what you are going for. If you're ready, buckle up and let's...
Filecoin Has Crashed Hard – Is it Still Overvalued Though?
This network makes use of the power of blockchain technology to make it easier for people to store, retrieve, and host digital information, and at the same time earn crypto while at it. When users perform any of the above activities, they pay for the...
PancakeSwap Vs Sushiswap – Which is Better?
Through these exchanges, individuals can swap one token for the other, lend or stake their cryptocurrencies and earn rewards through permissionless liquidity protocols. Among the popular DEXs available are PancakeSwap and Sushiswap. PancakeSwap and Sushiswap are both forks for UniSwap, another popular De-Fi exchange. Both...
Is Elon Musk Good or Bad for Crypto – An Unbiased Perspective
Elon Musk He is the founder and CEO of the aerospace manufacturer, communication, and space transport services company, SpaceX. Musk is also the CEO of the electric car company, Tesla, and the founder of the tunnel construction company, The Boring Company. In addition, he is...
Financial NFTs – Are We About To See The Real NFT Boom?
While NFTs are currently trending in the crypto space, many do not know that the idea dates back to 2012 when developers launched colored coins on the Bitcoin network. Since then, the idea has been refined, leading up to what we have today. Nowadays, NFTs...
People Are Comparing The Crypto Market To The Dot Com Boom – Is Now The Prime Time To Invest?
The bubble began after computer users gained access to the Worldwide Web in 1993, creating more awareness of the use of the Internet. The internet became so popular that people saw owning a computer system as important and between 1990 and 1997, the percentage of...
Could The Stock Market Sell Off Have Boosted The Crypto Market?
Based on data from CoinMarketCap, Bitcoin went up by 9.34% in the past week, with Ether (ETH) and Binance Coins (BNB) recording gains of 12.38% and 15.39% respectively, over the same period. Other top gainers include Cardano (ADA) at 42%, Ripple (XRP) at 37.89%, Dogecoin...
How Bitcoin Has Changed the World Already – Without Mass-Adoption
This means that out of the 7.9 billion people in the world, more than 300 million use crypto worldwide, with Bitcoin being the most common. Apart from individuals adopting Bitcoin, institutions and businesses have started accepting Bitcoin as a means of payment. After Bitcoin was...
A Year Later – A Look At Bitcoin’s Halving
The last Bitcoin halving happened last year, in 2020, a phenomenal year when the popular crypto started to climb to new highs as more and more people started showing interest in crypto for several reasons. For a better understanding of this review, it would be...
What Is Crypto Rugpull? How To Protect Yourself
The crypto sector has experienced its own share of positives and negatives in the past decade. New concepts like DeFi, Staking, and Yield farming have been introduced to bring about improved financial products for investors to increase their earnings. With new innovations comes dangers and...
Billionaire Ethereum Co-Founder Quits Crypto For Good
Anthony Di Lorio, one of the eight co-founders of the Ethereum network, recently revealed to Bloomberg that he is stepping away from the cryptocurrency scene. We look at why he is making this decision and its impact on the broader blockchain industry. Decision based on...
PancakeSwap – What Is It? How Does It Work?
Among the major examples of DEXs like Uniswap and Sushiswap (both based on the Ethereum network), this article will focus on PancakeSwap. What is PancakeSwap, and what makes it different from the other Ethereum-based DEXes? Let’s dive right in! What is PancakeSwap? PancakeSwap is a...
Coinbase Reduces Staking Rewards Already – Is This A Continuing Trend?
Staking on Blockchain Protocols for Rewards Staking has emerged as a popular concept that involves locking up a crypto asset to act as a validator to secure a blockchain network. Validators are then rewarded with new cryptocurrencies as an incentive for securing the network. Several...
Blockchain Isn't 'Unhackable' – Top 3 Crypto Hacks
Blockchain Designed to be Secure Cryptocurrencies are digital assets that were designed to act as a method for exchange using cryptography innovation and remove the need for a middleman like the government or traditional banking systems. With the assistance of blockchain innovation, digital currencies have...
Three Problems Slowing Bitcoin Adoption Globally
It is no longer news that technology has been the major driver of change in our world today. Every aspect of our lives is being disrupted by one new technology or the other. Bitcoin is leading the world to move from fiat to digital currency....
How Blockchain Helps In The War On Censorship And Promotes Free Speech
This development has also surprisingly coincided with high levels of censorship against free speech by governments globally. It is not surprising to learn of several countries blocking internet services to prevent real-time reporting of protests and imposing bans on popular social platforms. Unfortunately, big tech...
Can CBDCs Transform Africa's Financial Sector?
A Continent in Need of Digital Currencies For the most part, developed countries have well defined financial systems that are primarily digitized. However, a region where CBDCs have the potential to transform the entire financial scape is Africa. The continent is largely seen as the...
Is DeFi Ready For Institutional Adoption?
The Emergence of DeFi Ethereum was regarded as the de facto home of DeFi, but things are changing rapidly. The success of the Binance Smart Chain (BSC) has expanded the scope of DeFi. Developers can copy successful Ethereum DeFi protocols and replicate them on BSC....
Discovering DeFi: All About SushiSwap
Decentralized Finance (DeFi) has seen explosive growth over the past year, and Decentralized Exchanges (DEX) have arisen to challenge Centralized crypto exchanges like Coinbase and Binance. The DeFi sector has exploded in the past 12 months with its valuation rising from $1billion to $60 billion...
How NFTs Could Change the Future of Design and Architecture
NFTs have widespread influence, crossing artistic, technological, and economic interests, and have taken the world by storm. So it is no surprise that many artists and creators have jumped on board to sell their digital artwork for massive amounts. NFTs' major appeal is that it...
What is DeFi? And How do You Make Money from it?
Many investors have jumped on its train looking to maximize their investments to reap huge returns. The DeFi sector began the year 2020 with less than a billion in total market cap but enjoyed a massive boom. At the time of writing, the total market...