Cryptocurrency

What is the first thing that comes to your mind when you hear the word “Bitcoin?” Investment, isn’t it? There is no denying that Bitcoin is a potential investment. However, replacing paper-coin currencies is at the core of it. You can currently pay for your Starbucks cafe latte, buy domain …

What if you could send money as easily and inexpensively as sending a message to your friend? This isn’t a pipedream anymore, as Facebook promises to make this possible. Facebook is dipping their toes in cryptocurrency waters to revolutionize the current financial fabric with a project known as Libra. Facebook …

ChainLink is a decentralized data oracle network connecting smart contracts to credible, real-world data. To put it simply, ChainLink is a trustworthy middleware between blockchain smart contracts and external data sources. A decentralized oracle network employs multiple data inputs. This eliminates any single point of failure in smart contracts and …

Female cryptocurrency experts and influencers speak out regarding gender inequality in the industry, only to end up banned on Instagram. What has actually happened?

Ukraine’s Ministry of Energy is currently dealing with a surplus in energy produced by nuclear power plants of the nation as a result of the lockdown in the country. With that in mind, they believed that utilizing nuclear power plants for mining cryptocurrency can be one of the best ways …

Discovering Ethereum: What It Can Do For Your Business? Founded by Vitalik Buterin, Ethereum is the second-largest cryptocurrency technology in the world. Although relatively new, having emerged in the year 2015, Ethereum is the primary competitor of bitcoin and has a significant amount of crowdfunded money. Ethereum Offers More Than …

Binance, a cryptocurrency exchange company that offers a trading platform to more than a hundred cryptocurrencies, has recently added two new features in its platform. First, the company now supports UK’s Faster Payments Scheme also known as FPS using the British pound currency (GBP) for transfers. Secondly, it has included …

The UK’s high court has issued an order demanding Bitcoin exchange Bitfinex to freeze $860,000 in Bitcoin payments sent to ransomware hackers through the platform. A huge portion of the money came from a ransom paid by a Canadian insurance company that had to part with $1.2 million after it …

Bill to Exempt Small Crypto Transactions from Taxes Returns to US Congress  A new bill that exempts small crypto transactions from the capital gains tax is expected to return to Congress for additional deliberations. The bill has been in the works for years and has been pushed through by a Washington-based non-profit dubbed the Coin Center.   Titled the Virtual Currency Tax Fairness Act of 2020, the bill …

Bitcoin Surpasses $9,000: What Does This Mean? Bitcoin has finally surpassed the $9,000 mark. The cryptocurrency spent two days on the high $8,000s hitting $8,700 at some point. But the prices surged later in the day by nearly 3%, surpassing$9,000 for the first time in two months. Nonetheless, the crypto …