On June 9, 2021, the parliament of El Salvador passed a legislation proposed by the country’s president – Nayib Bukele. The proposal involved making Bitcoin, the world’s largest cryptocurrency, legal tender in El Salvador. The law took effect recently, and reactions to it around the world were mixed to say…
Blockchain technology has come to the fore in recent years and with more and more organizations adopting it around the world, it’s set to grow even bigger in the days, months, and years to come. However, even though there’s been so much talk about blockchain, many people are still in the dark.…
There was once a time when an average personal computer would be considered good enough to mine a cryptocurrency. However, things have come a long way and today, crypto miners rely on ultra-powerful machines to get the job done. While mining crypto can still be incredibly profitable, there are challenges…
Non-fungible tokens or NFTs have been around since 2012. However, their popularity as crypto assets has skyrocketed over the last couple of years. If you’re someone who doesn’t have any clue about what NFTs are and how you can start creating and trading them, this post is for you. What…
COVID-19 was in the headlines throughout 2020, and the pandemic played a huge role in shaping the cryptocurrency market heading into 2021. For starters, cryptocurrencies became significantly popular, even among investors from countries such as India, where gold has always been the go-to investment. In 2021, the popularity of cryptocurrencies…
First created by Satoshi Nakamoto, blockchain and cryptocurrencies have come a long from what he envisioned more than a decade back. From its peer to peer decentralized payment transfer concept, cryptocurrencies and its blockchain technology has penetrated every conceivable industry and sector. DeFi, NFTs, smart contracts, each innovation has opened…
NFT crypto projects are making waves in the digital world these days. The ability to tokenize assets like media (art and music), e-gaming collectables and even tweets has changed how we monetize everything. Non-Fungible Tokens (NFTs) are a special class of tokens that are non-interchangeable with one another, in contrast…
Staking, or committing crypto assets, is not a new concept, though last year’s rise of decentralized finance (DeFi) has really pushed this to the maximum. Before we dive into how it is helping millions of people make profits, let’s look at its history a bit. The Consensus Model Bitcoin, the…
Blockchain has always kept the world at its toes. Efficient and fast, the word disruption is a very big understatement of defining what the technology is doing to modern life. Cryptocurrencies, deflationary economy and super growth of value was just being understood by the masses when DeFi hit. The world…
Cryptocurrencies have certainly offered multitude of benefits that fiat has been unable to do so. The rising values over time have made them an excellent investment vehicle. As a peer to peer network, they transaction system is always available, working during the night and on holidays. Their censorship resistance nature…
