Web 3.0 and Metaverse: Shaping the Crypto and Blockchain Revolution

The metaverse and Web 3.0 movement is booming, reinventing how people interact with the digital realm. The incorporation of blockchain technology and Web 3.0 in the development of the metaverse promises user-centric, transparent, and democratic platforms shy from corporate control. The metaverse, for instance, presents several possibilities that several Silicon Valley firms and CEOs have […]

How to Pay Tax on Cryptocurrencies?

Cryptocurrency taxes are complex because they have been classified as property for federal income tax purposes. Secondly, they are classified as currency for certain state rules such as sales and capital gains taxes. In many countries, cryptocurrencies are taxable. Every country has its own set of rules, so double-check with a tax professional before deciding. […]

Meet Web 3.0: The Revolution of the Internet

The internet has come a long way from its primary intentions of open space to centralized internet and now, a concept of a decentralized version of the internet. However, traditional tech gatekeepers still have a grip on the digital economy.  It is up to those creating the decentralized internet to loosen that grip, especially with […]

Proof of Work VS Proof of Stake

The debate over Proof of Work vs. Proof of Stake has long divided the cryptocurrency community. The argument comes down to which consensus algorithm is more efficient, but there are several variables to consider before deciding which is better.  In this article, we look at the basics of both these consensus algorithms and understand the […]

What are KYC and AML? Why are they Relevant for Digital Assets?

Banks and other financial services providers use KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to combat fraud, money laundering, and terrorist financing. These concepts have been around for a while and initially supported banks and financial institutions.  However, with the emergence of digital assets like Bitcoin, these rules are also being applied to […]

What are Cryptocurrency Derivatives?

The crypto market is expanding rapidly, and while many people are still hesitant to enter the sector, there are several new trends in progress. Derivatives based on cryptocurrencies are one of these trends. These might be options or futures contracts on specific markets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), etc. Cryptocurrency derivatives have […]

Best Security Measures to Consider in Cryptocurrency Trading

Digital assets have become one of the prime targets for attackers. Malicious actors have found sophisticated ways to target users transacting in cryptocurrencies. It is therefore essential to implement the best security measures to protect your cryptocurrency funds. In this article, we look at some of the important security measures that users’ can deploy to […]

What is the Problem with Facebook’s Metaverse Evolution?

The pandemic has seen massive adoption in the metaverse concept. For some people, virtual and augmented reality is something they have lived on Zoom. Community-built and operated worlds like The Sandbox, CryptoKitties, and Decentraland use the gaming market, where people can buy or rent digital real estate, crypto-collectibles, and host online events. Virtual Reality platforms […]

Squid Games Collapsed. How to Spot a Rug Pull-in Crypto

The crypto industry has been booming recently. More cryptocurrencies have emerged to solve the centralization problem the financing sector faces. However, some people are out to take advantage of the crypto popularity and naivety of some investors. Thus, the start-ups lure angel investors with enticing promises and schemes only to steal from them. Despite the […]

Emerging Blockchain Networks are Gaining Popularity

Over the years, the blockchain industry has significantly expanded. New networks to overcome the shortcomings of current blockchains are emerging. Ethereum has become a major inspiration for the emergence of these blockchains. The smart contract, consensus, scalability, and open-source features have been improved in the new networks. Examples include Cardano, Solana, Polkadot, and many more. […]

Is Crypto a ‘common good’ for the next generation?

Blockchain networks are supportive of principles that allow permissionless usage and open access. The technology has worked to shy away from political influence and regulation that may undermine the idea of independence and democracy. However, the governance and accountability of decentralized finance networks have always been questioned. In addition, the answer has always been that […]

The Similarities and Differences Between Crypto and Forex Trading

Since the emergence of cryptocurrency, crypto trading has attracted comparisons with foreign exchange trading. A significant number of prospective traders have no idea of the difference between the two and which market to venture into. The duo is accredited as two of the most profitable markets despite their risky nature. Thus, they have attracted a […]

Best wallets to send crypto via Email or SMS

Cryptocurrency has taken the finance industry by storm, enabling users to send and receive instant payments using peer-to-peer (P2P) technology. Investing in cryptocurrency goes way beyond creating an account on an exchange, ranging from security to control. If you are interested in investing in crypto, you will need a wallet to store your tokens, send […]

Seven Cryptocurrency Trading Tools

Crypto trading is a profitable yet risky venture. What determines whether your venture in crypto becomes a success or a total flop lies in the trading tools you utilize. In this lesson, we will take you through some of the best crypto trading tools that are useful to beginners. Crypto wallets First of all, a […]

What are play-to-earn NFT games?

Blockchain is a revolutionary technology that has applications in many industries including the gaming industry. By integrating blockchain-based NFTs into the traditional gaming industry, a new space called GameFi has emerged. Gaming enthusiasts can generate income by monetizing their game time and skills apart from playing for entertainment. By combining finance and gaming, NFT-based games […]

An ultimate guide to buying and selling NFTs

NFTs are becoming increasingly popular nowadays in the crypto industry. They are drawing attention from different parts of the world with the huge amount of purchases for digital arts. The NFT of the famous Beeple art was sold for $69 million dollars at Christie’s which positioned him among the top three most valuable living artists. […]

Bitcoin Enters the Final Stage of the Major Bull Trend

Cryptocurrency analyst and trader Alessio Rastani believe that Bitcoin is entering the final stage of a major bull trend considering the recent surge in its price. Bitcoin seems to be reaching the much-anticipated $100,000 soon as it breaks out the classic bullish structure.  Bitcoin to break all-time high soon  In a recent interview, the experienced […]

Crypto Performance Analysis in Q3 2021

Cryptocurrency asset aggregation portal Coingecko has published a Q3 2021 crypto report covering several aspects of the crypto industry. Based on the study, the crypto economy has recovered remarkably from the market crash in May 2021. Market capitalization has dipped from an all-time high value of $2.5 trillion to nearly half of it in late […]

Top Engineers Abandon Facebook’s Crypto Project

Leading companies are entering the crypto and blockchain space. Facebook is one of the organizations that has been exploring the industry. However, the top engineers working on Facebook have abandoned the project to work with A16z, led by Andreessen Horowitz. Facebook wallet Novi One of the oldest and well-known social media channels, Facebook has been […]