Tezos Sees Rapid Growth Of DeFi Amid High Ethereum Fees
While Ethereum is addressing some of these issues by providing solutions such as the Ethereum 2.0 upgrade expected to happen next year, DeFi is slowly moving from Ethereum towards other networks such as Tezos. The blockchain is becoming popular with DeFi because, unlike Ethereum, it...
ICP Subject To Rug Pull Allegations – Is It A Scam?
The ICPcryptocurrency was launched on May 10, and at the time of going live, it was trading at an estimated price of around $630. However, shortly after being launched, it lost nearly 95% of its value, which prompted most people to believe that the token...
What Will Bitcoin, Ethereum, And Ripple Be In 5 Years?
While it is impossible to give a definite projection in the crypto space, historical performance and analysis of market developments could help shed light on where these coins will be trading in the next five years. Bitcoin Bitcoin is the oldest cryptocurrency and the pioneer...
The US Has Now Become The Global Hub For Crypto Mining – Others Follow Close Behind
The current crackdown is in line with China’s new policy to alleviate speculative investment in cryptocurrencies as the establishment seeks to establish its own national Renminbi digital currency. Crypto Mining Problems Prior to the crackdown, China was a world leader in the crypto mining sector....
Beware of Random Coins Appearing in Your Wallet – Dusting Explained
There are instances where crypto dust attacks are undertaken by malicious entities. Why Hackers Use Crypto Dust Hackers usually target wallets with significant crypto holdings so as to unmask the people behind them. They send out crypto dust to the targeted wallets and watch for...
Solana Gains By 37% In 24 Hours, As Solana-Backed Investments Grow By 193%
On Tuesday, Solana made an over 37% jump to set a new all-time high at $193. It is trading at $180.97 at the time of writing, registering a 25.1% gain in 24 hours, according to data from Coingecko. The coin has also outranked dogecoin to...
The Polymath Network Looks Forward to Making Security Tokens the Real Deal
Overall, new solutions keep appearing as regulatory compliance requirements ask for foundational layers that enable better security token creation, and management of liquidity, among other factors. The Polymath Network is now setting its tone on the ground. It raises discussions on how the blockchain industry...
Windows Servers on AWS Are Now the Target of Cryptojacking Attacks
The surge of attacks over the last few years has been in the spotlight, although – and interestingly – it slowed down during the coronavirus pandemic. However, it didn’t mean that cryptojacking lost steam at all, as threat actors remained active behind the scenes. The...
Bitcoin Is Gradually Losing Dominance – Is This Good For The Cryptocurrency Industry?
Although prices recently rose to be aligned with the altcoins’ rally, even cracking the $45,000 threshold and now flirting with the $50,000 level, the question remains alive about the current status of the Bitcoin dominance index (BTCD). Since the start of the year, the benchmark...
An Anonymous Crypto Tycoon Acquires An $83 Million Mansion With Two Panic Rooms: Why?
Now, we can talk about it as the present among the millionaires globally – people who sometimes share the same characteristics as some of the traditional billionaires: with “exotic” hobbies or eccentric personalities. On the last point, it seems that an “eccentric” crypto billionaire decided...
CBDCs Are Not Good For Anyone – 3 Reasons Why
Government Interest in Digital Currencies The main reason why central banks and other financial regulators have a problem with cryptocurrencies is their anonymity, making these assets easy to manipulate and be used for money laundering and terrorism financing. This created a gap for a central...
Why People Still Invest In Meme Coins – They Don’t Get The Joke
For instance, look at the incredible way in which Dogecoin has grown in both value and popularity. The coin was launched in 2013 to mock Bitcoin and offer a fun way of introducing people to the crypto sector, and its value has since grown by...
Most Tokens Are Scams – How To Avoid Rugpulls
Cryptocurrencies are all about blockchain technology, which means that a token needs to power a particular network to hold value. For example, ETH tokens are viable investments because of the power of the Ethereum network. The network has become highly popular in decentralized finance and...
How Much HODLing 5 Coins From 2016 Would Have Made You Today
However, this changed over time and in 2021, we have seen growing adoption of crypto from the most unlikely institutions such as Wall Street banks like Goldman Sachs and JPMorgan. Various countries have also embraced crypto, with El Salvador taking the lead by adopting Bitcoin...
A Beginner’s Guide To Yield Farming – Dos And Don’ts
What is Yield Farming? Yield Farming, also known as liquidity mining, is the process of staking cryptocurrencies to earn rewards. Unlike profiting through trading in exchanges, yield farming is a concept based on the decentralized finance sector. Investors can also earn tokens by engaging in...
What Is Sharding? And Which Currencies Are Using It?
Blockchain networks have to boost their throughput to encourage adoption from DeFi platforms and fintech companies, One of the strategies being explored to boost speed and efficiency is sharding. Developers are exploring sharding to increase a network’s throughput and give it a competitive edge. What...
NFT Game Developer Makes 9200% Profit On Virtual Land On Axie Infinity
Warwick is the co-founder of Illuvium, a gaming metaverse powered by non-fungible tokens (NFTs). He is also the brother of Synthetix's founder, Kain. Invested Early According to Warwick, he invested early into virtual lands back in mid-2020 when the use cases for virtual land were...
NFL Star Adopts Bitcoin As A Means Of Payment
In an interview held at The Best Business Show, Barkley stated that he should be paid 100% of his endorsement, which equates to over $10 million annually, in Bitcoin (BTC). Partnering with Strike Barkley was speaking to Anthony Pompliano during the show. Other guests who...
Bitcoin Network Node At Over 13,000, Sets New All-Time High
The previous all-time high for this metric was reached in January this year when the number of reachable Bitcoin nodes reached 11,613. Out of these nodes, 98.77% are running on the Bitcoin Core software, while the remaining percentage belongs to other protocols such as Bitcoin...
Crypto Trade Groups Can’t Stop Shortsighted Regulators
Usually, it revolves around the controversial Craig Wright and his outlandish claims to be Satoshi Nakamoto or when certain currencies think that they are legitimately starting to threaten Bitcoin’s hegemony. We’re looking at you ETH and BCH. Regulatory Problems However, the number one reason to...
U.S. Senator Says Debate About Crypto And Ransomware Just Starting
There have been countless cases of massive ransomware attacks, as well as smaller ones, many of which demanded to be paid in Bitcoin or some other cryptocurrency. Ransomware in the Senate These days, as digital currencies are rapidly advancing in terms of adoption, the topic...
NFT Bubble Bursts – Market Crashes By 90%
However, soon after the crypto prices started crashing in May and June, the NFT market followed, crashing by around 90%. Essentially, the market went from $102 million to only $19.4 million in sales. Why Has The Bubble Burst? Now, why might this be surprising? Well,...
4 Reasons Bitcoin Has Gone Bearish
However, most speculators believed that the bullishness was just a ‘bubble’ and that it would soon retreat to normal trading levels of around $30k to $40k. True to these predictions, Bitcoin started its meltdown in April, and its price almost hit $30,000. The previous bullishness...
PayPal Announces New Crypto Feature
PayPal’s general manager of blockchain, crypto, and digital currencies, Jose Fernandez da Ponte, gave the news during the CoinDesk Consensus 2021. “We want to make it as open as possible, and we want to give a choice to our consumers … They want to bring...
Goldman Sachs Declares Crypto as a New Asset Class
Institutional Investors However, there was also one development that I felt did not receive the attention it deserved, and that is Goldman Sachs’ recognition of crypto as a new asset class. Now, banking firms like Goldman or JPMorgan have always had this love-hate relationship with...
Satoshi Nakamoto – 12 Years On
As most people are aware now, Nakamoto’s motivation was to take power away from the banks and put it back into the hands of the people. The Financial Crisis That Gave Way to BTC This is easy to understand given that only a year or...
Cardano (ADA) In Africa
It always took the slow road, but it made sure that it did the job correctly and responsibly. A Decentralized Africa This is why now, after the project announced its goals to decentralize Africa, I have great faith that it will succeed, no matter how...
UFC Fan Token Launching On Chiliz
Both have been widely accepted by the gaming industry, the adult content industry, betting, and of course — sports. Since betting and sports usually come hand in hand, this likely was not a huge surprise for most people. However, it is still good to see...
Future Global Payment System Powered By Crypto – A Dream Or Reality?
Of course, everybody knows that traditional finance is not just going to give up. Banks that are making massive amounts of money from transactions, loans, and other services that they offer will not just give up and shut down because a more convenient, faster, cheaper,...
Is it Too Late to Buy Ethereum?
This question became a lot easier to answer by mid-May, when the price of Ethereum crashed to under $2,000 again, in the aftermath of the Bitcoin meltdown. It is currently sitting at around $2,700, while it waits to see which direction the market goes next....
Bitcoin and The Halving Event: What it Means for Bitcoin's Price Growth
This is all a part of the Bitcoin mechanism, which was put into place to prevent inflation and help Bitcoin’s price grow. I believe that Satoshi Nakamoto expected BTC to grow in popularity over the years, and he designed it in a way where the...
Bitcoin and Ethereum Indices Debut on S&P Dow Jones
This is a massive step in the right direction that will contribute to the mass adoption of cryptocurrencies, and because of that, I see this as a very exciting development. The first of the three crypto indices will, of course, be tied to Bitcoin (SPBTC)....
Goldman Sachs leads $15M Investment Round for Coin Metrics
Of course, Goldman is not a stranger to crypto, as the bank is generally counted among the first to start approaching the industry some time ago. However, a large investment into a business that focuses on blockchain technology is certainly a nice sight. According to...
Retail Investors Now Gets Access to SUSHI, MATIC, & SKL on Coinbase Pro
Take Binance as an example. The world's largest crypto exchange, according to volume, added SushiSwap (SUSHI) quite early last year, and it was first praised for being inclusive of the emerging DeFi sector, only to be criticized for jumping the gun when people thought that...
Coinbase Options Launch Draws A Robust Volume
However, the exchange's volume recently exploded with the launch of Coinbase options. I had seen how big of an impact Coinbase had on the crypto industry when its IPO came to be. Crypto prices skyrocketed, both Bitcoin and Ethereum went higher than ever before, and...
Interoperability Game By Blockchain
Users also want to move their assets freely between blockchains. Interoperability among blockchains has become a pre-eminent feature in this scenario. Let’s get into the functioning of a few blockchains to understand the picture. Ethereum is designed to facilitate decentralized finance (DeFi). BSC allows developers...
Economic, Monetary Inflation And The Prospects For Crypto
Given the global economic crisis at the time, I believe that Nakamoto had a disdain for the traditional finance system and did not trust fractional reserve banking. He even wrote a memorable post later on where his message was clear. “Banks must be trusted to...
VISA Plans Rollout to Partners
This is not the first time the payment giant is dealing with crypto; however, it is the first crypto-related product launched by Visa. The enterprise has been providing crypto debit and credit cards to the likes of Crypto.com and BlockFi. The latest news from the...
Common Crypto Scams And Tips On How To Protect Your Money
If you do not want to be a victim of these scams, read below on what I believe to be the primary ways investors fall victim and how you can avoid it. False websites Go online, and you will find many fake websites on cryptocurrencies....
Binance Coin Overtaking Ethereum's Market Cap
As of April 12, Binance Coin was trading slightly above the $580 mark. This is an all-time high for the currency and a significant milestone in its bullish rally. Cryptocurrencies have been on a bullish trend for the first quarter of 2021. Since the beginning...
How Blockchain Prevents Double-Spending In Bitcoin
What does double-spending exactly mean, and how does a blockchain deal with this possible leakage? It could affect any blockchain or cryptocurrency and has specifically involved both Ethereum and Ethereum Classic in the past. Let us understand it using the example of Bitcoin, the most...
Top Blockchain Courses To Be A Fully Certified Professional
It was designed for Bitcoin and other cryptocurrencies. However, its use case has expanded to other sectors, including health, transport, and the health sector. Now, several institutions, government establishments, and top-level companies are developing different forms of blockchain technology to further improve their operations. There...
Investment Opportunities Using the Blockchain Technology
For investors, you can consider two broad areas: businesses that are developing and are incorporating blockchain technology into their system and pure bitcoin plays. Nevertheless, bitcoin is currently considered for use by various companies across the globe, giving plentiful opportunities for investment. How an investor...
Altseason is Here and These Cryptocurrencies Could Help You Profit
A huge number of you reading this article want to learn what altseason is, which altcoins can make you rich, or even both. For new crypto beginners, an altseason refers to a market cycle in the cryptocurrency where alternative cryptocurrencies other than Bitcoin experience a...
How to Earn Money Shitposting and Making Memes
Shitposting can be described as posting off-topic comments to deliberately derail a discussion in a forum or newsgroup. But shitposting can be in the form of a meme that passes a message across, albeit in a funny way. These days, one cannot spend time on...
What’s Better: Hodling, Staking, Or Lending Bitcoin?
The terms holding, staking, and lending are all different strategies. Bitcoin holders use it to earn profits from their Bitcoin investments. They all have their benefits and shortfalls. But to understand which strategy will be best and most profitable for you, it’s important to understand...
Best GPU For Ethereum Mining
As a result, you should be looking for a solid system with the right graphics card (GPU) for such a purpose. If you’re looking to mine Ethereum for profits and not sure which GPU is right for you, the following are the best of the...
How To Cash Out Bitcoin Simple Ways
That demonstrates how far the top cryptocurrency in the world has gone when it comes to adoption. But even with the growing popularity of Bitcoin as a means of payment, there is still a limited number of outlets willing to accept them as a means...
How to Buy Bitcoin with VISA Gift Card
But this card can now be used for other purposes, including buying Bitcoin. Visa gift cards are very popular gift items and are usually exchanged for other goods and services on different marketplaces. They can be purchased from any major gift card retailer Some platforms...
South Korea Sets Hefty Fines Against Crypto Exchanges For Violation
The Financial Services Commission (FSC) stated that crypto exchanges that do not meet the set regulations will be made to pay fines henceforth. “Financial institutions and VASPs will be subject to penalties if they are […] in violation of internal control duties,” the commission stated....
Best Crypto Exchanges In The Market
If you’re looking for the perfect cryptocurrency exchange for your needs, join us as we explore the top 5 exchanges in the market today. Coinbase Coinbase needs no introduction in the world of cryptocurrency. The largest exchange in the U.S. was established in 2012 and...
Hashing In Blockchain Explained
Blockchain technology is a revolutionary technology, as it has had a massive influence over the past few years. The massive adoption also shows it will have a major role to play across several sectors in the future. Hashing is born out of blockchain. To put...
List Of Best ICOs In 2021
Initial coin offerings (ICOs) are providing avenues for investors to take advantage of investment opportunities as soon as they present themselves. In most cases, the highest gainers are those who act fast as the ICOs are being launched. However, not all ICOs are profitable. Some...
First Things You Should Learn To Invest In Crypto Smarter
Do your homework Before buying a coin, do a check on it. How long has it been on the market? How did its value change over the years? Generally, you should be careful with coins that have little history but do sudden peaks without obvious...