The CBDC or central bank digital currency is a digital representation of the fiat currency of a particular nation. These forms of currencies are becoming increasingly popular in recent years; they provide the government of a country the financial authority to access, manage and…
Following the recent announcement by the Ontario’s Security Commission (OSC) to carry out legal action against all unauthorized digital currency exchanges that operate in Canada, several popular cryptocurrency exchanges, including Binance, KuCoin, BitMEX, and…
How would you describe the relationship between fiat and cryptocurrency? When one considers these two currency types, it becomes evident that at their base forms, they are both money – a means of value exchange. However, unlike fiat, cryptocurrency goes beyond…
As the popularity of cryptocurrencies grows, world governments have resorted to utilize their favorite tool to stymie its growth; the cryptocurrency ban. Anybody paying attention would have realized that there has been a growing anti-cryptocurrency sentiment amongst…
The story of El Salvador accepting Bitcoin as its official legal tender made headlines after Nayib Bukele, President of El Salvador, announced it during the 2021 Bitcoin conference in Miami. This move is significant and highlights how much Bitcoin has grown since…
Great things happen whenever like-minded intellectuals assemble. The same is true in the world of cryptocurrency. Over the years, heavy-weight practitioners in the Bitcoin space meet to share their thoughts and ideas on advancing developments within the Bitcoin ecosystem…
With global inflation on the rise again, investing in crypto economies has become a safe alternative for people looking to secure their wealth. This is why the news of the DeFi100 coin scam exiting with an alleged $32 million was a rude awakening to many in the crypto space…
DeFi crypto ecosystems have exploded over the past year due to a plethora of reasons. Still, primarily it is the growing discontent with traditional banking and the impressive utility of DeFi that is driving this development. DeFi or decentralized finance is…
What comes to your mind when you hear about stablecoins? At least, we all know that the cryptocurrency markets are highly volatile, and as such, the concept of stablecoins may sound somewhat contradictory. But what are they all about? Stablecoins are primarily…
The media has recently been buzzing about pieces of art and music being sold in the form of digital tokens. The news pieces may have passed by unnoticed, but for the following facts: these tokens reside on the blockchain, and the sums involved defy imagination…
