a sort of electronic or virtual money It functions as regular money, such as dollars, pounds, euros, yen, and so on. However, it has no physical counterparts — banknotes or coins that can be carried about — and hence exists only in electronic form.
The crypto community has expressed displeasure about the latest economic report released by the White House. The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital assets in the report since its first publication in 1947. The ...
Taiwan is increasing its regulation of the cryptocurrency industry in response to the market upheaval caused by the collapse of the FTX crypto empire. According to a report, the country's top financial regulator, the Financial Supervisory Commission (FSC), will likely be appointed as the primary regulator of cryptocurrency exchanges and ...
The underlying concept of Vechain is to improve the supply chain of businesses by leveraging on the innovations that blockchain technology offers. Its purpose is quite different compared to other cryptos out there because it is meant to improve the business activities like supply chain processes of both online and ...
Following a stuck trading range since May 2021, Bitcoin's price rallied above $43,000 Friday, August 6. As of the time of filing, Bitcoin’s (BTC) price rallied to $43,231, the highest it has risen to since May 19. Available data from TradingView and Coin360 shows a rally staged by the bulls ...
USDT is a popular stablecoin that is pegged to the dollar and largely free from the volatility that is common in major cryptocurrencies. Volatility has become an issue in the crypto realm, which has discouraged potential crypto users from diving into the innovations that space offers. USDT is not the ...
Since the inception of Bitcoin more than a decade ago, the crypto and blockchain industry has come a long way. Before we were introduced to them, the financial sector relied on banks as central authorities to ensure the safety of our money. This system was plagued with an age-old infrastructure ...
DeFi has blown up in the past year, and the on-chain activity has been rapidly increasing. The volumes have been so high recently that popular decentralized exchanges like Uniswap can even compete with the volume on some of the centralized exchanges. As of August 2021, there is almost $69 Billion ...
Telling some centralized or traditional finance enthusiasts to embrace cryptocurrencies can be likened to advising them to bear the burdens of Hercules on their shoulders. Many tend to look at some of the issues plaguing crypto, and volatility is a major one. This year, 2021, has gone to show us ...
Binance Chain and Binance Smart Chain are different blockchains belonging to the same ecosystem. Binance Coin (BNB) is the native token of the Binance ecosystem. Binance Chain was an earlier version that was fraught with issues that undermined the growth of the ecosystem. It sacrificed some crucial elements to achieve ...
The blockchain world, especially the decentralized financial realm, needs data to operate effectively, and that is why Chainlink was created. Chainlink is a decentralized oracle protocol that offers real-world data to smart contracts on the blockchain. Many DeFi ecosystems depend on the oracle network that Chainlink offers to function in ...
