The evolution of the cryptocurrency and NFT market has shown that NFTs that do not have a community proposal quickly lose their value as they are not based on tangible benefits but only on FUD and speculation. Furthermore, offering APYs with extreme profitability, as happened with UST/LUNA, turned out to be a failed proposition that […]
Another cryptoweek is behind us. Let’s recap! Bitcoin ended its record-long losing streak and BTC inflows grew while ethereum saw outflows, BTC’s historical performance is no guide for the future in 2022, Ethereum’s Ropsten testnet finally merged, while Vitalik Buterin asked the community what they disagree on with him, Justin Sun's Tron revealed more details […]
Source: Adobe/GlobeShots May turned out to be yet another disappointing month for bitcoin (BTC), despite promising predictions based on its historical performance. So, with that in mind, how reliable really are historical patterns for the price of bitcoin today? Using crypto exchange Kraken’s monthly market outlook as a guide, it’s clear that performance in May […]
The global economy is becoming increasingly digital, and it's no surprise that cryptocurrencies and blockchain technology are starting to have an impact on the travel industry. Many travel agencies now accept Bitcoin (BTC) and other digital currencies as payment, with some even providing discounts to customers who pay in cryptocurrency. Here is a list of […]
The Federal Ministry of Finance (BaFin) published a 24-page document on May 10 outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax requirements of acquiring, trading and selling cryptocurrencies. The key takeaway is that individuals that sell BTC or ETH after […]
Source: Adobe/velirina Virtual gaming is arguably one of the most exciting blockchain use cases. The ability to allocate verifiable and traceable ownership to in-game items for players expands the gaming universe, merging it with real-world economies. This notion has become popular, allowing for the development of games such as Decentraland (MANA), one of the first […]
The whole essence of blockchain technology and decentralization began when Bitcoin got launched in 2009, and it was presented as the first flagship cryptocurrency out there. After 10 plus years, it is gladly stated here that the crypto market is not only confined to the idea of cryptocurrencies as many other products and services have […]
Decentralization and blockchain technology has come a long way, there is just so much innovation that has been thrown into the mix, and the number of applications that these two elements have at the moment and the things that they can do is just mind-numbing. Back in the day when Bitcoin was launched in 2009, […]
Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications (dapps). Where Bitcoin was designed as a currency and a store of value, Ethereum is a decentralized network for running smart contracts—code that runs on a peer-to-peer network and is verified by Ethereum's blockchain. The idea is to create applications that […]
Considering that contracts control the great majority of our employment and home activities, they are very important in ensuring that the current society in which we live is properly regulated. Each of our activities is either directly or indirectly related to one or more contracts that we have entered into, and these contracts accurately dictate […]
Crypto Mining is not something new but it is a hot topic nowadays. It is a process through which new cryptocurrencies are created. Producing new coins is a very difficult process that takes a lot of energy, time, and computers. Crypto mining is something discussed by every trader since the arrival days of Bitcoin, the […]
Various leaps have been made moving forward with blockchain technology, it is not a new concept or something that is in development but has passed the rudimentary review period, and it is now a fully functional and adaptable concept out there. You might not consider cryptocurrency or blockchain technology as something that has real-life use […]
The cryptocurrency space has evolved rapidly over its short lifespan; in just a decade it's gone from a twinkle in Satoshi Nakamoto's eye to a thriving ecosystem encompassing dapps, DeFi and NFTs. With crypto developing at such a dizzying pace, it's unsurprising that tax authorities around the world have struggled to keep up at times; […]
If you’ve been tracking the technology underlying the blockchain and smart contracts in the recent past, you may have come across the term “blockchain oracles.” Indeed, as these are novel ideas with the greatest potential application in the field of smart contract technology, we want to explain them to you in further detail in today’s […]
If you have spent a dedicated amount of time in a particular financial realm, then you already know a thing or two about securities. Security is nothing but a financial instrument that has some potential value, and it can be traded just as an asset, commodity, or stock can be. You can also consider bonds, […]
The journey that has led us all the way to metaverse was initially started by a single blockchain entity known as Bitcoin. It was the first flagship cryptocurrency that brought us the very idea of decentralization, and it wasn’t abruptly taken in by investors and financial enterprises as it is being done today. Today there […]
The very idea of decentralization is not entirely lost on financial entities out there; they completely understand just how vigilant the whole thing is, and they respect the very significance of cryptocurrencies as well. Given the overall hype and adoption of cryptocurrencies within the very financial framework of multiple countries, such as El Salvador, opening […]
The world is heading towards advancement and every aspect of the trading platform is moving towards ease and convenience. Before the beginning, it must be in the knowledge of everybody about different platforms and derivatives of trading. One of them we are discussing here. Over-the-counter (OTC) relates to how financial assets are bought and sold […]
In an effort to stop the general public from engaging with crypto trading, the Monetary Authority of Singapore (MAS), which is the country’s central bank, has issued certain guidelines by which MAS has been discouraging locals from crypto trading on the basis that crypto trading is highly risky and not suitable for the people in […]
Crypto ATM machines in Singapore are being taken offline following a crackdown on various crypto-related services. Crypto ATMs have become increasingly popular as they offer a convenient way for people to exchange crypto into fiat and vice versa. The Monetary Authority of Singapore (MAS) is also limiting the crypto ads published by firms operating in […]
Bitcoin Lightning Network: A Complete 2022 Guide For Beginners Key Points: Key Terms That You Need to Understand Key Takeaways Issues Related to Scalability How the Lightning Network Works Advantages of Lightning Network Fee for Using Lightning Network Problems Associated With Lightning Network The Future of Cryptocurrencies Conclusion Key Terms That You Need To Understand: […]
