Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders.
Understanding Crypto Winters Typically, cryptocurrencies are pretty off the mark compared to their glory days. Bitcoin-the largest crypto is around 65% off its all-time high. And it is not only Bitcoin; other altcoins are also going through the same. Assets such as Ethereum, Cardano,…
The market has been forced to watch the collapse of FTX in recent weeks. FTX was a global cryptocurrency exchange firm backed by the likes of Sequoia, and Greylock, among other big names in Venture Capital. FTX, Binance’s biggest competitor, went down uniquely. Sam…
Rishi Sunak, the youngest member of the British parliament at 42 years old, was recently voted in as Prime Minister. Following Liz Truss’ controversial exit from office, Rishi Sunak was appointed to replace her as Prime Minister. The markets’ reaction to Liz Truss’s disastrous…
Today, there’s a heated debate about Bitcoin as a con project, crypto as a means of payment, and many more. In addition to its cost action being heavily focused on, the following is what’s hitting the headlines: Who and What is Currently Trending? Jack…
The last few months have been big for Ethereum, the second biggest blockchain after Bitcoin. EthereumPoW is an Ethereum-based blockchain that hopes to fill the gap left by Ethereum. Many refer to it as an Ethereum clone that continues to exist as a proof-of-work…
Technology has grown exponentially within the last couple of decades. In turn, it has led to the banking industry revolutionizing over the years. This has also led to the emergence of internet payment technology. This means banks are no longer the only financial institutions…
What Is Ethereum Merge, And What Does It Mean for The Future of Cryptocurrency? You may have heard about the plans for Ethereum to implement a change to their blockchain network’s processing of transactions, from a system called Proof-of-Work (PoW) — which Bitcoin currently…
The new Prime minister Keir Starmer comes into office in the wake of the UK trying to embrace the crypto regulations witnessed in the European Union. The UK is slowly taking its space in the Cryptocurrency world. The government, through Rishi Sunak, is tasked…
Yes! Hundreds of billions of dollars are spent each year on public goods and services, but how much ends up in the hands of those who need it most? How much gets stolen by corrupt government officials, corporate executives, and others involved in the…
The chief executive officer of FTX, Sam Bankman, is being compared to John Morgan. Bankman who has stepped in to save several cryptocurrency companies from collapse due to the current market crash now resembles John Morgan, the man, back in 1907. In June, FTX…
A British Virgin Islands court has ordered that the Three Arrows Capital firm be liquidated. The company, which staked in everything from BTC to the dammed Luna tokens, collapsed to a wipeout estimated at around $2 trillion (£1.6 trillion) of the digital asset market….
The Pros and Cons of Cryptocurrency Disruption of the financial industry and its structures has been an ongoing conversation for a while, and cryptocurrency has been a part of this discussion. There are several reasons why some people believe cryptocurrency is a transformational technology,…
