Casascius Physical Bitcoins: 20,000 Coins Left Unpeeled
The continuous adoption of Bitcoin is increasing it’s scaritye daily. Meanwhile, its physical equivalent — Casascius physical bitcoins — created by Mike Caldwell between 2011 and 2013 are becoming scarcer than digital bitcoin. We now have less than twenty thousand active bitcoins available for “peel.” Casascius Physical Bitcoins Becoming Scarcer The popularity of Bitcoin as […]
Binance vs. U.S. Authorities: Binance Investigated for Inside Trading and Market Manipulation
As much as Binance—the world’s biggest cryptocurrency exchange—is growing, there is an intensifying investigation from the U.S. authorities to ensure that Binance doesn’t violate the nation’s regulatory laws. As a result, the Commodity Futures Trading Commission is investigating Binance for insider trading and market manipulation. Binance vs. U.S. Authorities Recently, the U.S. authorities launched another […]
What is XRP?
Before we delve into the world of XRP and its applications, it is worth understanding the background behind the cryptocurrency. To begin with, XRP was developed in 2011 by Ripple Labs, a company that focuses on establishing secure payment methods over its blockchain through an open network called “Ripple”. The Ripple network consists of three […]
What is Dogecoin (DOGE)?
Dogecoin is a peer-to-peer digital currency that has no central authority and uses cryptography to regulate the generation of units of currency and verify the transfer of funds. It was created by two software engineers, Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia; they aimed to provide a digital coin that can reach a broader […]
What is USD Coin (USDC)?
Publicly announced on the 15th of May 2018, USD Coin is a digital stablecoin linked to the United States dollar bill. It is an open-source, smart contract-based token created by an association of people called CENTRE. It has versatile interoperability and can operate on 4 different blockchain networks, ranging from Ethereum, Solana, Aglorand, and Stellar. […]
What is Cardano (ADA)?
Cardano is an open-source, decentralized and public blockchain platform founded back in the year 2017. It can allow peer-to-peer transactions and other financial activities through its internal cryptocurrency coin called ADA. Unlike bitcoin and other altcoins that operate on a Proof of Work (PoW) consensus, ADA operates on an entirely different consensus, called Proof of […]
US Treasury sanctions Suex exchange for facilitating ransomware attacks
The US Treasury Department’s Office of Foreign Assets Control (OFAC) is planning to sanction Suex, a crypto exchange that lets users buy and sell cryptos using regular credit cards. Per the agency, the exchange has been helping ransomware attackers launder their loot. A report unveiled this news on September 21, noting that this would be […]
What is Ethereum (ETH)?
Ethereum is an open-source, public, and blockchain-based distributed computing platform that enables Smart Contracts and Decentralized Applications (DApps) to be deployed. Ethereum’s own native cryptocurrency, Ether, powers the blockchain aspect of the network. It also serves as a digital “fuel” that allows users to develop apps and services that will run on its blockchain. Originally […]
What is Binance (BNB) Coin?
Binance is a blending of the words “binary” and “finance.” Binance is one of the most popular cryptocurrency exchanges and has been around for quite some time. In July 2017, Binance launched its own cryptocurrency naming it “Binance Coin.” Binance Coin (BNB) is a cryptocurrency specifically designed for use in the Binance platform. It initially […]
What is Bitcoin Cash (BCH)?
Bitcoin Cash is a cryptocurrency that was created in August 2017 as a result of an ongoing controversy concerning Bitcoin scaling. The idea was to have a larger block size than Bitcoin, permitting more transactions to be stored in a single block. Despite their conceptual differences, Bitcoin Cash and Bitcoin have a lot in common […]
What is Tether (USDT)?
The idea of Tether (USDT) originally started around January 2012 when a published whitepaper by software developer J.R Willet, described the possibilities of creating a digital coin through the already popular Bitcoin Protocol. Its creation originated with an idea that was implemented and later called Mastercoin. This idea birthed the Mastercoin Foundation (later renamed to […]
What is Bitcoin (BTC)?
Bitcoin is a global digital cryptocurrency created in 2008. It is the first decentralized digital currency and has attracted many people to its use as a form of payment due to how it can be transferred without any intermediaries. Created by a person or a group of people whose identity is unknown and who goes […]
Have a Conversation with Us: SEC Chairman Becoming the Messiah of Crypto Regulations
Gary Gensler, chairman of SEC, constantly seeks the corporation of crypto firms to initiate crypto regulations that will provide a fair market environment for investors to thrive. He argues that with efficient collaboration, the crypto space will become a haven for investors. Why Gary Gensler Beckons on Crypto Firms for Crypto Regulation The U.S. Securities […]
Institutional Interest Spikes for Cryptocurrency Investment: Brevan Howard Pushes
On Monday, the crypto world experienced another entrance of a prominent hedge fund group. Brevan Howard announced its entry into the digital assets and crypto-trading space. How Brevan is taking the Institutional Cryptocurrency Leap One of the largest hedge fund groups in the world announced on Monday that it would create a new sector that […]
Businesses and Individuals Can Now Participate in the Token Economy: Tokel‘s Mission
The concept of tokenization is not a new creation. Back in the empire state history, the British Empire used token when there was a shortage of fiat money. Today, the concept is adopted by blockchain technology while conducting trade in an easy and fast process. Despite the liquidity that comes with tokenization, the token creation […]
US Senators call upon SEC Chair to offer crypto regulation guidance
Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), yesterday informed that the regulator is working tirelessly to create crypto rules. Speaking to the Senate Banking Committee, Gensler said the SEC is trying to create a set of regulations that supervise the volatile crypto market while considering the interests of American innovators. According […]
Elon Musk tweet sends FLOKI soaring and four other key events in the crypto world
The crypto market opened trading this week on a bearish note, with most assets bleeding. After soaring as high as $52,853.76 in the past week, Bitcoin (BTC) failed to maintain its bullish momentum and slipped back to $45,206.63 on Monday. At the time of writing, the leading cryptocurrency by market capitalization is changing hands at […]
South Korea’s exchange registration deadline set to wipe out $2.6B in assets
South Korea’s upcoming mandatory registration for crypto exchanges might potentially erase up to $2.6 billion worth of assets. A report unveiled this news on September 13, noting the Financial Services Commission (FSC), South Korea’s financial regulator, requires all exchanges operating in the country to register with it by September 24. Reportedly, the watchdog is enforcing […]
The NFT craze continues as a collection of carton apes nets $24M
Renowned auction house Sotheby’s completed the online sale of 101 non-fungible tokens (NFTs) from the Bored Ape Yacht Club collection yesterday. A report disclosed this news after the auction, noting that the collection, which features images of cartoon apes, fetched $24.4 million. This price exceeded Sotheby’s presale estimate of between $12 and $18 million, indicating […]
Bitcoin Became a National Currency: El Salvador Becomes the First Country to Announce
On September 7th, 2021, El Salvador passed the Bitcoin Law and became the first country to announce Bitcoin as a legal tender. This significant announcement shook the financial world while there were celebrations in the crypto space. El Salvador’s president tweeted earlier that day that, “3 minutos para hacer historia — In 3 minutes, we […]
