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

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 … Read more →

The First Man in Asia to Buy a Lamborghini Using Bitcoin

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 … Read more →

Sotheby’s introduces Cryptocurrency Payment Option for Famous Banksy Painting

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 … Read more →

How to protect cryptocurrency mining from illegal attacks

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 … Read more →

Blockchain scalability issues and the solutions offered by Layer 2 protocols

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 … Read more →

Digital Disruption Gives Consumers More Financial Power

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 … Read more →

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

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 … Read more →

A Guide to the Top 3 Concepts of Blockchain Technology

Source: 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 … Read more →

3 Techniques for Managing Risk in the Crypto Market 

Trading cryptocurrency can be an extremely lucrative activity for a skilled trader. The volatile nature of the market is a trader’s dream, given the high number of trading opportunities that exist on any given day. However, trader’s can often get burnt trying to make money trading the market, and the major reason for this is … Read more →

Three Market Trading Strategies for Crypto

Cryptocurrency trading is by far the most lucrative activity that most people do in the cryptocurrency space. The volatile market produces numerous trading opportunities that can generate consistent returns for the most skilled traders. Being a skilled trader starts with having a strategy, and this strategy will differ from trader to trader. Here are some … Read more →

How can blockchain improve the supply chain?

In the past couple of years, Blockchain technology has emerged as a revolution for various industries. You’d be surprised to know that the blockchain’s business value would exceed $ 3.1 TN by 2030.  The high popularity of blockchain has allowed for the establishment of trust because of its shared public ledger. The supply chain is … Read more →

How to Secure Trading with Bitcoin

Here we share our tips for safe handling of bitcoins. 1) Choose a credible trader Read about the trader before you deposit your money – you do not want your money with a trader like GBL exchange and Bitcoin signals.  See our list of traders that we consider to be safe. 2) Enable 2-step authentication … Read more →