Cryptocurrency

7 Myths About Cryptocurrency Busted!

September 4, 2021
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Bitcoin can be polarizing. Bitcoin diehards claim the cryptocurrency will soon replace gold, all government-backed money, and credit cards, as well as turn the banking system on its head. Rational exuberance aside, that is unlikely to happen, at least in the short term. On the flip side, media critics often badly mischaracterize Bitcoin as nothing […]

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How Top Venture Capitalists are Playing the Long Run – Investing in Crypto 

September 2, 2021
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Cryptocurrency is all the fuss nowadays – but – you’d be surprised to know that venture capitalists have been looking over crypto for the past decade or so. Hundreds of investors have invested billions in blockchain technology, it’s not a shocker.  There are obviously market fluctuations and capitalists have hesitated but that’s no longer the […]

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Dogecoin-themed Pack of Hot Dogs Auctioned by Oscar Mayer Sells for $15,000

August 10, 2021
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Get DOGE while it’s hot! Somebody wanted to have the first-ever single pack of dogecoin-themed hot dogs so bad that they were willing to buy it on eBay for an amazing $15,001! American meat and cold cut manufacturing company Oscar Mayer, owned by Kraft Heinz based in Chicago, Illinois, first started the auction held on […]

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How Decentralized Finance Paves the Way for Financial Inclusion

July 9, 2021
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According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.  Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and demands of traditional banking […]

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Sotheby’s to Accept Cryptocurrency in Rare 100-Carat Diamond Auction

July 8, 2021
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The large “Key 10138” rare diamond will be auctioned off by Sotheby’s on Friday, July 9, 2021. Sotheby’s is scheduled to auction off a diamond that is over 100 carats on Friday in Hong Kong, and while its exceptionally large size and clarity rating make it remarkable, it is also making headlines because the auction […]

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Dogecoin surges after Baby Doge Tweet by Elon Musk

July 3, 2021
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The price of Dogecoin bounced back from its lows right after a ‘Baby Doge’ tweet from Elon Musk. Shortly after Musk’s tweet on Thursday, Coindesk data showed that the cryptocurrency surged over 3% to $0.25. The digital coin has stabilized since then and was trading at $0.24 on Friday morning. Aside from Dogecoin, its spin-off […]

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Buying Crypto For Retirement

July 1, 2021
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The thought of lazing all day in the sun on a lounger with fresh cocktails decorated with colorful umbrellas being brought to you before your last sip is through is a dream we all strive to have one day when we reach our golden years.  But have you given any thought as to how you […]

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Lessons Learned: Social Media Platforms and Blockchain Mass Adoption

June 26, 2021
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The inception of blockchain as a solution to secure data is a welcome change. All the more now, as social media platforms have leveraged their pervasive presence to abuse people’s privacy constantly. It is a fact. A fact that has attracted massive public outcry in the last few years.  Just last year itself, Facebook came […]

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Bitcoin made Legal Tender in El Salvador, becomes First Nation to Adopt Cryptocurrency

June 12, 2021
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The price of Bitcoin surged this week, after the Central American nation El Salvador passed a law to adopt bitcoin as legal tender on Wednesday. The cryptocurrency soared 7% and exceeded $37,000, from a previous low price of about $31,000. According to CoinDesk data, bitcoin last changed hands at $37,059.78 at 9:14 a.m. GMT +8 […]

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China to Hand Out $6.2M in Digital Currency to Beijing Residents by Lottery

June 5, 2021
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The People’s Republic of China will be handing out 40 million renminbi ($6.2 million) of its digital currency to Beijing residents via a lottery. Citizens of the Chinese capital may use two banking apps in order to apply to win one of the 200,000 so-called “Ang Pao” or red envelopes as part of the lottery, […]

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What exactly is a Blockchain?

May 28, 2021
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Blockchain overview Definition of blockchain:  The blockchain is a shared and immutable ledger that facilitates the transaction registration process, and makes it easy to track assets in a corporate network. An asset can be divided into two types.  A tangible asset like a house, a car, money, land, and intangible assets like intellectual property, patents, […]

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6 Pros Of Cryptocurrency In 2021

May 14, 2021
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Cryptocurrency is a new way of investment. But most people are totally unaware of the potential that Cryptocurrency has. Just because of the lack of knowledge and understanding, they do not consider the pros of Cryptocurrency.  Though there are a lot of people who have plenty of knowledge about Cryptocurrency but cannot decide whether it […]

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Bitcoin drops 12% after Tesla suspends Crypto Payment for its Vehicles

May 13, 2021
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The price of bitcoin has plummeted after Tesla CEO Elon Musk announced that his company will be suspending the move to accept crytocurrency as payment for its electric vehicles. According to cryptocurrency news site Coindesk, bitcoin was down around 12% early Thursday morning, which brings the coin’s price down to about $50,900. After months of […]

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Ethereum Price Soars over $4,000 for the First Time

May 11, 2021
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Ether, the second biggest cryptocurrency out there, has grown over 2,000% over the past year. One Ether token was worth $186 back in May 5, 2020. A year later, on Sunday eve, the cryptocurrency hit $4,000 for the first time ever, a rise of over a staggering 2,100%. Even if Dogecoin is taking up all […]

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The First Man in Asia to Buy a Lamborghini Using Bitcoin

May 8, 2021
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A Thai national has made headlines after he reportedly bought a Lamborghini using the cryptocurrency Bitcoin. Jo Chirawat managed to drive home his brand new Lambo after placing a downpayment at a luxury car dealership Renazzo Motor Co. Ltd. In Bangkok, Thailand. Alongside the cash advance paid via Bitcoin, the remaining payment will also be […]

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Sotheby’s introduces Cryptocurrency Payment Option for Famous Banksy Painting

May 6, 2021
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This is the first time Sotheby’s will allow the winning bidder to have the option of paying for the hammer price of a Banksy artwork with cryptocurrency. Sotheby’s shall become the first major auction house to start accepting cryptocurrencies as a payment method for physical art pieces, following its previous sales with digital NFT art […]

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How to protect cryptocurrency mining from illegal attacks

April 26, 2021
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It all started when Bitcoin was introduced back in 2008 as the first-ever fully digital currency, which was completely decentralized and wasn’t administered by any government or banks. According to a white paper published by Satoshi Nakamoto, the maximum number of bitcoins was supposed to be limited to 21 million to avoid inflation.  This new […]

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Blockchain scalability issues and the solutions offered by Layer 2 protocols

February 26, 2021
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At the dawn of the blockchain age, Layer 1 laid the foundation for what has become one of the revolutionary industries in this Millenium. Layer 1 is the underlying main blockchain architecture. Ethereum and Bitcoin chains are considered Layer 1 and although these chains kickstarted the blockchain industry into gear, evolution is inevitable. As a […]

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Digital Disruption Gives Consumers More Financial Power

February 25, 2021
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Digital technology has unlocked many doors. From entertainment to education, the internet and everything it offers has changed the world around us. One sector that’s benefited from the digital tech revolution over the last 20+ years is finance. Corporate banks and financial institutions are the obvious benefactors, but the average consumer hasn’t been left in […]

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Tesla Buys $1.5B in Bitcoin, to Accept it as Payment Soon

February 11, 2021
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In a SEC filing on Monday, Tesla announced that it has bought some bitcoin cryptocurrency, worth $1.5 billion. In a filing with the Securities and Exchange Commission, the electric vehicle maker said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” The company also said that very soon […]

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A Brief Cryptocurrency History: How It Began

February 3, 2021
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Purchasing Bitcoin or other forms of cryptocurrency is one of the best ways to invest your money. But cryptocurrency wasn’t always such a popular investment strategy.  How did cryptocurrency begin? How did it get to where it’s at now? To many people, it seems like cryptocurrency came out of nowhere and took over the world. […]

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A Guide to the Top 3 Concepts of Blockchain Technology

January 3, 2021
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Source: cryptosbeginner.com Blockchain technology is one of the hot topics now. Here are the three key concepts that will be useful if you are venturing into Blockchain applications development. 1. Smart Contracts With an ever-increasing number of organizations putting resources into blockchain innovations, it is fundamental for associations to dive further into a smart contract […]

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4 Reasons Why Investors Consider Investing in Crypto Wallet in 2021

December 19, 2020
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The bitcoin industry has turned itself into the star performer in 2020. Its value has multiplied four times and since the beginning of the year. There was a small drip in March 2020 the cryptocurrency then took a step forward, breaking its record of $20,000 per bitcoin in 2017 to $34,000 in Jan 2021.   The […]

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Blockchain Contact Tracing App To Fight With The Coronavirus Outbreak

October 2, 2020
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Blockchain contact tracing app is going to help the world fight with the coronavirus outbreak, here we are going to explain how. The world is getting accustomed to the kind of life they are living with the coronavirus outbreak, but developments are needed to fight with it as well. One of the developments has been […]

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