Dennis Saunders

52 posts
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What Are Crypto Domain Names and How do They Work?

A centrally owned domain is managed by a third-party organization, which has to report its ownership to ICANN, an international organization that tracks the property of all domains. Crypto domains change this and democratize access to domain names. Crypto Domain NamesTraditional domains are not really...
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Facebook’s Libra Failed – Will Other Big Tech Giants Move Into Crypto

Why Facebook’s Libra FailedThe main reason behind the downfall of Libra was regulatory restraints. The cryptocurrency sought registration and the necessary licensing in Switzerland. However, the country’s finance minister, Ueli Maurer, stated that Libra did not have a chance to succeed in its current form....
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Square Is Building A DeFi Business Using Bitcoin

In a tweet, Dorsey stated that Square was “focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.” Open and TransparentIn the same tweet, Dorsey stated that the new platform would be...
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Jackson Palmer, DOGE Co-Creator Slams Crypto On Twitter

Palmer is one of the brains behind the development of Dogecoin. He created the cryptocurrency as a joke back in 2013, but he later left before Dogecoin hit the limelight. He even sold all his DOGE holdings; hence he did not make any significant gains,...
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Chinese Government Meets With VeChain – Praising Its Tech

Even before that, the country has been bringing new laws and regulations, all for the purpose of making Bitcoin and altcoins essentially useless in the country simply by preventing anyone from using them, and even businesses from working with them. Aggressive Chinese Government Policy This...
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Latest Trends In Bitcoin

Whilst some news is thrilling, exciting, and even funny, some trigger anger, fear, and frustrations. Millennials and Cryptocurrency Millennials and cryptocurrencies are a perfect match. Millennials are known to embrace everything digital, and cryptocurrencies sound like something that they would jump into. The nature of...
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Monero and Bitcoin Atomic Swaps Launched by the Comit Network

In other words, the feature allows BTC and XMR owners to exchange digital assets without the need to trust one another, use intermediaries, or take similar precautions.Increased Decentralization This is a great way to further decentralize crypto, and I believe that a feature like this...
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Can Visa and Mastercard Help CBDCs?

What do I mean by that? Well, it’s safe to say that around 80% of central banks around the world are either considering CBDC, developing it, or already testing the created product. Problems with CBDCs From Outset One thing that emerged as a serious issue...
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New OCC Head VS Crypto Regulations

On occasion, the financial watchdog published some vague guidelines, but most of its time was spent in trying to hunt down all ICOs that sold securities, and in warning the public against risks that crypto carries with it. Things Are Changing Though... On occasion, the...
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The Reasons Behind China’s Crypto Mining Ban

Not only did it renew the crypto ban that prohibits financial institutions from offering services to crypto businesses, but it also introduced a crypto mining ban, which might mean that mining Bitcoin in China is at its end. Bitcoin in China As some may know,...
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6,710 New Millionaires Created By ADA Surge

However, before that, the prices were pretty much at their peaks for a lot of coins, and some of them even surged so high that they managed to create an entirely new wave of crypto millionaires. Cardano (ADA)However, before that, the prices were pretty much...
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America’s Oldest Wine Shop Now Accepts Bitcoin

The most recent major example of this is the country’s oldest wine shop, Acker, which has been around for almost as long as the country itself. The well-known wine auction house has been around for 201 years now, established in 1820. These days, its auctions...
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Benefits & Risks of Trading Forex With Bitcoin

Forex Trading Forex is interesting, as it is extremely available, and it doesn’t include anything but buying and selling foreign currencies. Anyone can do it with ease, but the trick is to do it efficiently, which is where people tend to start struggling. However, over...
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‘Wen Lambo?’ – Lamborghini Purchased With Bitcoin

The latest example of this came when the local digital assets exchange, Zipmex, revealed that it processed this region’s first use of BTC for purchasing a Lamborghini. The buyer, Jo Chirawat, used nothing but this cryptocurrency and Zipmex’s own mobile app. Buying a Lambo with...
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U.S. Congress Passes Bill Addressing Crypto Regulation

Crypto Regulation As you probably know, crypto adoption directly depends on regulation. Without regulation, businesses hesitate to go into crypto, even though there is huge money in it right now. With businesses avoiding coins, regular people have less confidence to try it out. Sure, they...
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Was #DogeDay420 Part of a Pump and Dump?

Elon Musk, the leading cheerleader of Dogecoin, had been accused of a Bitcoin pump and dump in mid-April after Tesla sold 10% of Bitcoin holdings. Dogecoin If you are a DOGE lover, you may be wondering whether the #DogeDay420 is part of a pump and...
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Microsoft and Intel Introduce a Shield Against Cryptojacking

Hackers, scammers, and other shady individuals used them, mostly for personal deals made through the dark web. Blockchain explorers did not exist back then, and using crypto allowed you to be anonymous. Of course, we all know that those people still use crypto to this...
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What Are Cryptocurrency Custody Solutions?

That puts responsibility on you, such as having to apply proper security measures, come up with strong passwords to protect your accounts, and be careful when it comes to entering addresses. But, ultimately, it’s just you and your own money — no banks or financial...
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What Will Happen To Bitcoin After All 21 Million Are Mined?

With each block being solved every 10 minutes, that means that 6.25 BTC enters circulation every 10 minutes. In the past, a larger amount was entering circulation per block, but due to three block reward halvings, that amount went from 50 to 25 per block,...
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What Must Crypto Traders Keep Track Of During Correction?

The unpredictability of crypto price movements makes it difficult for both long-term HODLers and short-term traders to keep their wits about them when prices drop off a cliff. Regardless of the cryptocurrency, you are trading in, you find yourself in a precarious position. Notably, the...
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Social Trading Platforms Novice Traders Enter Crypto

Imagine interpreting trading charts, learning about technical indicators, reading news surrounding a particular asset, and keeping up with the market trends to have an edge. It doesn’t sound so easy, right? Especially when you are doing it every day of the week to capitalize on...
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How Blockchain Changing The Global Supply Chain

Pre-blockchain procure-to-pay (P2P) process The process begins with the procurement of goods or services and ends with the payment. It’s executed via the Enterprise Resource Planning (ERP) systems. The buyer uses the system to place a purchase order which then moves to the supplier. When...
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WallStreetBets Reddit Group Opens Up For 3 Cryptos

The forum's moderators had banned discussion on crypto markets as they thought it would derail the forum's primary purpose. Notably, the decision to allow crypto chatter again shows the digital currency is here to stay. While making the announcement, the moderators explained: "After much deliberation,...
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How Blockchain Will Work In Smart Cities

Rather, the term refers to a future-oriented urban development process that hooks emerging cutting-edge technologies to attain optimum operational efficiency. Today, smart cities have turned out to be a killer use case of revolutionary blockchain technology. U.S. states like Wyoming have gone so far as...
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Buying A Tesla With Bitcoin, Is This A Win For The Buyer?

Since customers can now pay for a new Tesla in Bitcoin, careful consideration of the terms and conditions guiding the transaction is essential. The carmaker's terms and conditions—though easy to miss—are not as simple as it has been painted. Bitcoin's extreme volatility is not a...
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Miami Mayor Wants City To Become Bitcoin Mining Hub

Interestingly, the contributions made by a Bitcoin miner to the blockchain society are ensuring a secure payment network. Some of these advantages might have spurred "Francis Suarez”, the Mayor of Miami into making plans to turn the city into a bitcoin mining hub. Optimizing mining...
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NFT Ecosystem VS Price Bubbles

The most recent spike in popularity can be attributed in some part to digital artist Beeple. The graphic designer stole the spotlight after his monumental digital collage, "EVERYDAYS: THE FIRST 5000 DAYS," was auctioned off for nearly $70 million at the British auction house Christie's....
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Should You Buy Bitcoin Or Gold?

In the traditional economy, the best way to invest during a recession is to buy gold. This was a very effective strategy in the past but with the launch of Bitcoin in 2009, investors now have two options to weigh. They have to choose between...
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The NFT Ecosystem And The Price Bubbles

The most recent spike in popularity can be attributed in some part to digital artist Beeple. The graphic designer stole the spotlight after his monumental digital collage, "EVERYDAYS: THE FIRST 5000 DAYS," was auctioned off for nearly $70 million at the British auction house Christie's....
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NFT Artist Beeple Has Set A New Standard In Digital Artistry

After creating a digital drawing every single day for 13 consecutive years, the graphic designer brought all of those artworks together into a monumental collage. He called it "EVERYDAYS: THE FIRST 5000 DAYS." Beeple then minted the digital collage as a nonfungible token or NFT...
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Can Blockchain Technology Revamp Electoral Voting Systems?

Even though the Electoral College officially ratified a win for Joe Biden, the debacle shows that little to nothing has been done to improve the current voting system in the age of technological advancement. Some of the most prominent analysts in the cryptocurrency industry believe...
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What Are Options, Futures, and Perpetual Contracts?

These similarities border on price volatilities as well as the integration of investment or trading systems or provisions that exist in traditional financial systems and the broader stock market. Part of the investment contracts that are attached to traditional commodities including Options, Futures, and Perpetual...
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The Core Ideals of Enterprise Blockchain Solutions

The earliest use cases of blockchain technology were limited to payments and cash transactions but as people get to understand the technology the more, we began seeing the emergence of blockchain engineers, recreating the utility surrounding the entire technology. Today, blockchain technology finds uses in...
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Top 10 Programming Languages For Blockchain Development

Several blockchain projects are now developed using different programming languages. Since blockchain developers are in high demand, it will be appropriate to know which programming language will give you an edge within the industry. If you’re looking to know the best and the most popular...
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How Ethereum is Driving Home Blockchain-Based Decentralization Features

The Ethereum blockchain code was designed as an open-source system, allowing other programmers to design smart contracts that can address real-world problems using blockchain technology. Till the last quarter of 2020, the Ethereum blockchain has hosted as much as 1.5 million smart contracts according to...
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Best Crypto Trading Bots In 2021

When they are utilized with other risk management tools, they can help you maintain a steady strategy and take some of the emotions out of your trading. With a lot of them out there, the question now is to select the right crypto bot that...
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What Is The Reason Behind The Popularity Of Stablecoins In 2021?

However, as more investors, traders, and institutions are starting to take advantage of their benefits, the market capitalization of top stablecoins has increased from March 16, 2019's $2.59 billion to $37.6 billion by March 16, 2021, according to Messari's data. But what are the reasons...
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Thailand’s Top Movie Theater Opens The Door For Bitcoin Payments

Entertainment service provider, Major Cineplex Group, has just enabled buying tickets with Bitcoin. The cinema chain revealed it would undertake a pilot chain that will act as a benchmark to launch the complete service. When the option is enabled, crypto-friendly users will be allowed to...