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Blockchain

All You Need To Know About USD Coin (USDC)

Aaron Rodriguez | February 6, 2023 | Leave a comment
One of the key reasons why a lot of investors are scared to invest in cryptocurrencies is because of their high volatility. This means the price of any cryptocurrency can rapidly increase or decrease in a matter of seconds,...
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Central Bank Governor of Sri Lanka Rejects Bitcoin: Implications For The Future of Cryptocurrency Adoption in the Country

Daniel Sharkey | February 6, 2023 | Leave a comment
Resistance in Sri Lanka Revamping the economy through Bitcoin Tim Draper, an American investor billionaire, had a suggestion to introduce Bitcoin to Sri Lanka, whose economy has deteriorated and is facing bankruptcy. He was suggesting this so that it...
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What Is Dogecoin? All You Need To Know

Aaron Rodriguez | January 31, 2023 | Leave a comment
Introduction Dogecoin is a typical cryptocurrency which can be used to easily transfer value across different cryptocurrency wallets and exchanges around the globe. Dogecoin going originated from the Shiba Inu meme, and features it as well. The dog meme...
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Binance Partnering with Mastercard to Develop a Prepaid Card in Brazil

Donald Taylor | January 31, 2023 | Leave a comment
The leading crypto exchange Binance collaborates with Mastercard Foundation to introduce a crypto-powered prepaid card in the Brazilian market. The Brazilian Dock is tasked with issuing the Binance card to enable users to make payments. Binance and Mastercard Enter...
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Proof-of-Work vs Proof-of-Stake: Key Differences

Aaron Rodriguez | January 25, 2023 | Leave a comment
Introduction Blockchains are often introduced as an alternative financial instrument. However, to achieve the feat of working as a reliable financial network the blockchains need several important components such as smart contracts, nodes, cryptography, virtual machines, and others. One...
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Shiba Inu (SHIB) Attracts Investor Attention – Details

Daniel Sharkey | January 24, 2023 | Leave a comment

According to information, SHIB is currently the most popular digital asset amid the growth of new cryptocurrency wallets. New user wallets received fifty-six million dollars’ worth of SHIB in a week (according to Nansen’s report). The highest for any digital asset. SHIB retains its position among traders, as previous on-chain information indicates that the token […]

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Bitcoin Struggles to Hit $23K Target – BTC Forecast

Daniel Sharkey | January 23, 2023 | Leave a comment
There hasn’t been too much criticism toward the crypto ecosystem. However, BTC has fallen 0.75% in the past twenty-four hours but still stands close to 23,000 dollars, whereas ETH has witnessed an increase of 0.47% in the previous day...
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Bitcoin (BTC) Surpasses $22.5K – Price Analysis

Daniel Sharkey | January 21, 2023 | Leave a comment
Earlier this morning, BTC traded at a five-month high, hitting more than 22,500 dollars for the first time since August last year. In addition, one major digital asset analytics firm, Santiment Feed, made it public earlier today. According to...
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Bitcoin Versus China’s New Year

Daniel Sharkey | January 19, 2023 | Leave a comment
China’s New Year is closely approaching. It is automatic that these events will impact the cryptocurrency ecosystem. China’s New Year holiday is separate yearly based on the Chinese lunar calendar. According to the calendar this year, the year commences...
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CoinSwitch Adopts Non-Digital Currency Products Amid Harsh Tax Guidelines

Daniel Sharkey | January 16, 2023 | Leave a comment
India’s CoinSwitch, a virtual asset platform, has made a step toward distributing financial non-digital products to its customers. The program launched by the non-digital firm comprises stocks, exchange-traded funds, mutual funds, fixed deposits, and United States equities. In an...
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Crypto Exchange Sponsors Ukraine Soccer Team

James Dodson | January 14, 2023 | Leave a comment
According to Forklog, a crypto news outlet, a European crypto exchange based in Ukraine, Whitebit, has announced a long-term collaboration with the Ukraine national football team. Following this deal, it will display its imprint during the team’s matches. The...
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Crypto Lender Nexo Embattled as $158M Leaves the Platform

James Dodson | January 13, 2023 | Leave a comment
Nexo had customer liabilities of 133,263 BTC on Thursday before the holdings dipped to 124,939 BTC on Friday. The crypto lender recorded withdrawals worth more than $158 million after Bulgarian watchdogs raided the company’s offices. It remains unclear at...
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Ripple (XRP) Leads Gainers Amidst Spiked Whale Interest

James Dodson | January 12, 2023 | Leave a comment
XRP has dominated cryptocurrency news within the past few weeks as the Ripple case with the SEC (Securities & Exchange Commission) heats up. The amplified focus has led to increased movements within the marketplace, and crypto whales are hunting...
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The Crypto Market Maintains an Upside Stance – Market Outlook

James Dodson | January 11, 2023 | Leave a comment
According to the crypto news updates, Bitcoin, the leading global cryptocurrency, had an unpleasant year in the past as its prices crashed by more than 75% from its lead. Nonetheless, current information indicates an improvement in the Bitcoin price....
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U.S Authorities Investigate Digital Currency Group Over Internal Transfers

James Dodson | January 7, 2023 | Leave a comment
Liquidity problems forced Genesis to halt all withdrawals related to parent firm DCP in December. That saw United States authorities launching investigations into the firm’s internal monetary dealings. United States authorities kick-started an investigation into Digital Currency Group’s internal...
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The Metaverse Boom: Opportunities and Challenges for Insurers in the Virtual World

James Dodson | January 5, 2023 | Leave a comment
The Metaverse is quickly changing how we live, and according to a new report, the number of users might exceed 5 billion by 2030. That is a significant number of users by any standard. Furthermore, according to the report,...
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Is Shiba Inu (SHIB) a Solution to Early Retirement?

James Dodson | January 3, 2023 | Leave a comment
The previous year has not been friendly to Shiba Inu (SHIB) as its price depreciated early last year due to the uncertainty of the cryptosystem. Nonetheless, the SHIB creators proceeded with the innovation of the ecosystem, which might become...
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Mask off: Truth behind FTX Billions

James Dodson | January 2, 2023 | Leave a comment
FTX co-founder Mr. Bankman Fried, through a tweet today, denied all allegations of moving funds from Alameda Research, claiming that he had no involvement in moving funds from these research wallets. Further, he stated that he had no affiliations...
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What is a Flash Loan Attack and How to Avoid It?

Aaron Rodriguez | December 31, 2022 | Leave a comment
Introduction The permeation of DeFi has started to gain more traction with every passing second. TradeFi is plagued with issues on account of economic setbacks such as increasing interest rates, money supply, social restrictions, and approaching recession. Therefore, more...
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BNB Chain Ends 2022 as Second Most Preferred Network for DeFi Projects

James Dodson | December 30, 2022 | Leave a comment
BNB Chain boasts the 2nd largest total value locked after ETH. 12% OF BNB Chain-house tokens are scam coins. The blockchain awaits a hardfork update in the coming year, planning to incorporate staking onto Beacon Chain. BNB Chain’s $4.05...
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JETbitX Leverages

ETH, BTC, and Stablecoins Abandoning Exchanges Hit their Peak for 2022

James Dodson | December 28, 2022 | Leave a comment
2022 witnessed many setbacks that tested stakeholders’ trust; according to information from Glassnode, an on-chain analytic firm, 450,000 BTC held in investment have been made less accessible throughout the year. In the previous year, the challenging tasks in the...
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Brazil Passes Bill to Legalize Crypto Use

Daniel Sharkey | December 24, 2022 | Leave a comment
The Brazilian government passed a bill on Thursday in a fresh push to make Bitcoin and other crypto assets legal in the country. Following President Jair Bolsonaro’s approval of the new bill on December 22, Brazil has become the...
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ApeCoin: APE’s Price Dips Despite Surges in These Metrics

James Dodson | December 14, 2022 | Leave a comment
ApeCoin launched staking on December 6, and the project unlocked rewards on December 12. However, the APE price failed to reflect the excitement of the staking launch. ApeCoin’s staking launch on November 6 delighted APE holders as they contemplated...
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All You Need To Know About Crypto ETFs

Aaron Rodriguez | December 13, 2022 | Leave a comment
Cryptocurrencies are quite a newish financial asset that has piqued the interest of a wide range of investors, from those seeking a home-based transaction to those starting their own setup and launching their own cryptocurrencies. Despite the fact that...
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Canada Prohibits Crypto Leverage and Margin Trading Due To FTX Debacle 

Daniel Sharkey | December 13, 2022 | Leave a comment
Legislative authorities in Canada have taken adequate protective measures to halt the spread of the ongoing contagion owing to the aftermath of the world’s largest crypto exchange, FTX. On Tuesday, the council of Canada’s Provincial and Territorial Securities Regulators...
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Binance CEO Says Abnormal Altcoin Trading on the Platform was Just Market Behavior

James Dodson | December 12, 2022 | Leave a comment
The world’s largest crypto exchange, Binance, issued a notice yesterday acknowledging reports that some altcoins traded abnormally on the platform. The centralized exchange reported that investigations were underway and it would take appropriate actions against suspicious accounts. Binance CEO...
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