Understanding What Cryptocurrency Is and How It Works
Even if you’ve been involved with cryptocurrency for a significant period of time, it can still be difficult to explain to someone, in layman’s terms, exactly what cryptocurrency is. The sheer enormity of the crypto space can easily overwhelm the
Cryptocurrency: What Are Tokens?
There are many terms in the cryptocurrency space that are often used interchangeably, even though they actually have different meanings. The word token is one of those terms. Many people in this space, including me, have used the words coins
Cryptocurrency: How Is It Being Used Today?
Cryptocurrency is a broad term used to describe all of the digital assets created since the inception of Bitcoin in January of 2009. Cryptocurrency is broken up into three basic categories, coins, tokens and stablecoins, which, in and of themselves,
Internet Computer Integration Of Bitcoin and Ethereum
Internet Computer plans to integrate Bitcoin and Ethereum by the end of 2022. The integration of the two largest blockchain networks will be part of the roadmap for Internet Computer in 2022 and the coming years. Dfinity released the Internet Computer
EU Propose Ban on Proof-of-Work Cryptos
Lawmakers in Europe are planning to target crypto’s using proof-of-work mining, which could result in a ban on proof-of-work cryptocurrency mining across the 27 countries that make up the European Union. This move comes amid concerns over the associated energy
Wormhole Hacked And Funds Restored
The Wormhole bridge linking the Ethereum and Solana blockchains suffered an exploit that resulted in $320 Million being stolen from the platform. The exploit was marked as the second-largest decentralized finance (DeFi) hack after the Poly Network hack last year. The platform
Buterin Shares Insight How Ethereum Reaches Scalability
The co-founder of Ethereum, Vitalik Buterin, has shared his vision with everyone for Ethereum 2.0. The journey towards ETH 2.0 has been long since it started in November 2020 and the network is yet to achieve scalability. Buterin has now presented
Buterin Says Layer 2 Solutions Will Help Ethereum Scalability
The Ethereum network has, for the longest time, been battling scalability issues on the network. One of the solutions to taming this scalability issue is the ETH 2.0 upgrade that is expected to be rolled out next year. However, the
China Based Ethereum Mining Pool Set To Shut Down
SparkPool, the second-largest Ethereum mining pool globally, has announced the suspension of its operations. The announcement comes after a fresh wave of Chinese crackdowns on the crypto market. SparkPool was created in 2018 and it contributes to 22% of Ethereum's mining
Microsoft Looking Into Using Ethereum To Curb Piracy
Microsoft is literally a household name. When you think about Microsoft and its Office productivity suite and Windows Operating systems, you think privacy and security. To curb piracy and the hacking of private information, the tech giant is now looking