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While NFTs are making giant strides by combining with the music industry, the crypto domain is not far behind. Boss Ko, a famous Chicago-based rapper, is helping both his music and crypto market by combining them both. Boss Ko is known as Chicago’s first cryptocurrency rapper due to his ties…
Announcing the selection of Protofire, Chainlink has said that the development workshop will get a community grant to facilitate its integration with Plasm smart contract platform and the Shiden platform. This integration will pave the way for developers on both these networks to have seamless access to data feeds and…
Introduction Unlike the conventional Fiat currency, transactions with Bitcoin are largely anonymous as no third party is involved in the transaction process. However, Bitcoin transactions are not entirely anonymous as one can track the origin of the Bitcoin involved in the particular transaction on an open ledger mechanism. Still, compared…
Introduction Ever since Bitcoin got introduced in the financial market in 2008, it has steadily increased in value due to several characteristics. Transaction in Bitcoin usually requires no intermediary personnel or the liability to pay taxation charges on the amount transacted. Furthermore, the decentralized nature of transactions makes it possible…
Bitcoin is an evergreen cryptocurrency with the largest market capitalization and asset value. It manages to do this because of its deflationary nature and store-of-value. Compared to fiat currency, the finite supply of Bitcoin gives consumers more buying power and allows them to hedge against inflation. Apart from that, Bitcoin…
WazirX is a leading cryptocurrency exchange based in India that was launched in 2018. However, in 2019, the platform was acquired by Binance, and since then, users can trade over 70 cryptocurrencies worldwide. Following Binance’s acquisition, WazirX now represents Binance in India, which works highly in favor of the WazirX,…
The digital currency environment has grown exponentially since the crypto coin Bitcoin was first introduced in 2009. Presently, cryptocurrencies are a much-preferred option for payments and investments, though not as widespread as fiat currency. By early 2018, all the cryptos values taken together had touched a staggering $824 billion, a…
Bitcoin Scam: An overview Bitcoin is the world’s most popular cryptocurrency. It is also the dominant digital coin by the yardstick of total market capitalization. While buyers and investors’ interest continues to rise in Bitcoin, there is also a steady rise in the scams related to this digital currency. Bitcoin…
Elon Musk, the legendary electric carmaker, has sounded the market about moving “large transactions” from the balance sheet of Tesla, Inc. to Bitcoin. This was brought out in a Twitter exchange with Michael Saylor, CEO of Microstrategy Inc. Michael is a prominent player in the digital currency field and has…
Avalanche continues to expand liquidity as it launches TrueUSD, the first Stablecoin of USD fiat currency in its DeFi Ecosystem. Avalanche will launch the top five stable coins, backed with fiat currency by market cap, in the first quarter of 2021. (TUSD) TrueUSD, the trustworthy and commonly used stablecoin, is…
