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.
A source within Amazon whose identity has been masked has reportedly told City A.M, a London business newspaper that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021. There is a possibility this move will set a broader platform for cryptocurrency payments. Speaking to the ...
Polygon, a “Layer 2” solution for the Ethereum blockchain was recently rebranded from its original name, Matic Protocol. It is a protocol that can be used to build and link Ethereum-compatible blockchain networks. As an open-source platform, it offers developers the necessary tools to create a sidechain or a standalone ...
Polkadot was created by a co-founder of Ethereum, Dr. Gavin Wood, and it is designed to permit blockchains to easily transfer value in a trustless manner while sharing their peculiar functionalities with one another. A key aspect of Polkadot is its top-notch security. According to the founders of Polkadot, this ...
In the crypto world, UniSwap is a popular decentralized exchange (DEX) that is a force to be reckoned with because of the incredible features it offers. It is currently being hosted on the Ethereum blockchain and allows its users to enjoy decentralized token swaps. With UniSwap, Ethereum based tokens can ...
Many blockchain-based platforms may exist, but Ethereum is one of the largest with thousands of decentralized apps being hosted on it. It is a blockchain ecosystem that has Ether-ETH- as its utility token while possessing Solidity as its programming language. Transactions carried out within the ecosystem are verified and recorded ...
FTX cryptocurrency exchange’s valuation has hit a record $18 billion following a $900 million funding round that closed Tuesday. Coming at a time Bitcoin’s price crashed and now selling below $30,000, the second time in less than two months, the valuation shows the daring passion of investors in digital assets. ...
Yuga Coin, a stablecoin designed to be backed by government debt, has been awarded a U.S. patent, the two co-founders of the Puerto Rico-based digital FV Bank have said, noting their place as first in history. According to a patent application filed in 2020, the two co-founders, Nitin Agarwal and ...
With questions about how Tether’s USDT has kept its head above water for so long and Circle announcing plans to go public, stablecoins have never been so much talked about since they came into existence seven years ago. For the record, stablecoins are digital assets that exist without the volatility ...
