Cryptocurrency

Can Bitcoin replace gold anytime soon?

At present, Bitcoin replacing gold or other assets like stocks seems a far-fetched dream.

Can NFTs be used for commercial transactions?

Just like an old coin or a painting by Leonardo da Vinci do not have use in commercial transactions, NFTs also cannot be used as a medium of exchange...

Why and how Bitcoin price changes?

Even the legalisation in El Salvador declaring Bitcoin as legal tender has invited criticism from various quarters, including the International Moneta...

Why was Bitcoin created? Does white paper have answer?

Even though Bitcoin’s white paper largely suggests that the idea behind creating it was to have a form of money that can run without any central autho...

Why the UK financial services bill may undergo a modification?

Member of Parliament and Financial Secretary to the Treasury wants a modification to the Financial Service and Market Bill.

What is Bitcoin hash rate and why is it important?

Let’s understand the details about hash rate and why it is important for both the investors and miners.

A very simple explanation of how Bitcoin works

Intermediaries like central banks and commercial banks have no role to play in Bitcoin, and the authority is distributed among participants known as n...

What are the types of crypto scams? All you need to know

The growing popularity of the crypto market has also triggered a flurry of scams in the market.

Does Artificial Intelligence play a role in the crypto market?

Artificial technology is one of the hottest trends in recent years and experts anticipate that the industry would experience significant growth in the...

Is Tether (USDT) built on Ethereum blockchain?

Tether uses blockchain technology to support the movement of USDT tokens from the sender to the recipient, with both having a specific address within...

Is Dogecoin (DOGE) a coin or a token?

The terms ‘coin’, ‘token’, and even ‘cryptocurrency’ and ‘cryptoasset’ are sometimes considered to have the same meaning.

What is blockchain technology and what are the types of it?

Here we explore the definition of blockchain, its features, and its different types.

What is Proof-of-Work and why is it important?

Proof-of-Work (PoW) is a decentralized system that verifies the transaction accuracy on the blockchain network

Can Bitcoin transactions be traced? Are they anonymous?

Bitcoin’s privacy is discussed in Nakamoto’s wallpaper. However, the purpose of this privacy had nothing to do with promoting unlawful transactions.

Is the NFT market witnessing a slowdown?

The year 2022 has been rough so far for the global financial market, which has also wiped off gains from the crypto market it attained last year.

What is CeFi and how are they different from DeFi?

The main goal of CeFi is to create crypto investment opportunities and financial services for people.

What is a fractional NFT? Can an NFT have multiple owners?

Fractional NFTs are an emerging concept. For now, both the cryptocurrency and NFT worlds are subdued, and prices have dropped very sharply.

Can Tether cryptocurrency be mined?

Mining is not possible because neither a standalone blockchain exists, nor the intended utility of Tether is the same as that of typical cryptocurrenc...

Is Ethereum’s blockchain permissionless, or permissioned, or both?

Ethereum’s mainnet is an open and permissionless network primarily focused on cryptocurrency records.

Is the European Union Commission gunning for DeFi regulation?

The European Union Commission has called for an extensive study of decentralized finance (DeFi).