Blockchain is a distributed network of nodes designed to work together to achieve consensus. Because this technology is not centralized, it is impossible to verify its security, unlike custodial databases run by traditional payment companies such as Mastercard. For...
The question of whether or not CBDCs should be introduced continues to be debated around the world, even as a handful of countries are already going ahead with their introduction. In this piece, we examine some of the questions...
Ethereum is a notable blockchain with smart contract functionalities, preferred by developers for creating decentralized apps and utility tokens. It is the home of decentralized finance platforms, as well as NFT projects. With the increase in network congestion, the...
Bitcoin is the most popular cryptocurrency, and its popularity has grown in recent years. Traditional financial institutions are adopting cryptocurrency and implementing various strategies to allow their clients to benefit from its services. The concept has evolved beyond a...
Over the last decade, hackers have been targeting blockchain platforms. The volume of transactions and funds processed on these platforms has made them a target for theft and fraud. This article highlights some cryptocurrency cyber hacks that have occurred...
Crypto exchanges and wallets have become hot targets for hackers. Regularly, the blockchain space is graced with news of crypto exchanges and platforms being hacked. Wallet owners also lose their funds to attackers when the private keys are compromised....
The term 'whitelist' has become quite common in the NFT space, with people using the term on Twitter, Telegram, and Discord. Whitelist is a list that contains a certain number of community members that benefit from perks from being...
The blockchain space has been plagued with a lot of issues that have made it seem unreliable. For example, crypto platforms have been a recurrent target for hackers. From the time of the great Mt. Gox hack to now,...
Both 2021 and 2022 have been phenomenal years for Non-Fungible Tokens (NFTs). New projects with different utilities are being developed, with celebrities and even corporations adopting this peculiar set of tokens. The recent astronomical adoption of NFTs is incredible,...
Blockchain technology is evolving because as new blockchains emerge, they solve problems encountered in existing platforms. At the moment, newer networks are offering solutions to the Ethereum blockchain's scalability and hefty gas expenses. Avalanche is one of these ecosystems....
