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On July 28, 2021, the cryptocurrency authorized mobile wallet application MyEtherWallet (MEW) introduced Binance and Polygon blockchain networks into their market transactions. The two newly launched FinTech networks are the most eminent capacities for Ethereum (ETH) scalability proceeds. This will be a remarkable addition to its conformities for the crypto…
Introduction Each time a miner wants to enter the Blockchain and get a Bitcoin in the form of a Block reward, they need to work through a combination lock. The miner needs to guess the combination to gain access to the Block. The computing power, which is your Hash Rate…
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…
