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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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 … Read more →
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, … Read more →
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, … Read more →
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 … Read more →
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 →
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 … Read more →
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 →
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 →