Introduction Launched in 2009, Bitcoin is the first cryptocurrency. Bitcoin is a decentralized kind of digital cash that removes the requirement for intermediaries like governments and banks to make monetary transactions. It is powered through peer-to-peer technologies and software-based cryptography. Many people think that Bitcoin is the future. Therefore, investing in it now can get
Overview Over the last few years, the Bitcoin mining process has become more difficult. Earlier, anybody with a PC or laptop could mine new Bitcoins, and they’d receive a mining reward of 50 BTC after verifying a new block of transactions by solving complicated mathematical problems. Now, Bitcoin mining is not as easy as it
This year has witnessed an incredible rally in the crypto space, with the 10 highest-ranking crypto wallets reporting 5.6 million downloads in January this year, which marks a 150% increase in crypto wallet download. According to the news reports, by June 2020, the 10 highest ranked mainstream crypto wallets witnessed approximately 1.4 million downloads. Users
When it comes to cryptocurrencies, selecting a cryptocurrency to invest in is a major issue. The issue further intensifies with new cryptos being introduced every day in different markets. While most of the world believes Bitcoin to be synonymous with cryptocurrency, there are other cryptos like Ripple (XRP) and Ether that one can trade with
Jurrien Timmer has compared the potential of investing in Bitcoin to Gold, indicating the changing tone and scenario in the Fidelity Investments about cryptocurrencies. In a research note written to the investors, Timmer compared Bitcoin as a tool that can provide a hedge against inflation while comparing its value to the Digital Gold. Timmer also
As a part of a strategic deal, Finoa has announced Mina Protocol as its preferred institutional custodian. Mina Protocol is a first-of-its-kind cryptocurrency powered by the lightest blockchain available, enabling scalability, security, and decentralization. At the same time, Finoa is a market leader providing digital assets to its institutional investors through a secured and seamless
Plasm Network raised $2.4 million through the Series A funding round led by the Binance Labs. The network is a well-known player in the segment of smart contracts with a significant presence on the Polkadot platform. It offers a scalable and interoperable infrastructure that helps organizations access layer2 services such as Zk Rollups and Optimism
Digihost Technology Inc., a blockchain company focused on mining and hosting services, made headlines as it was declared to have minted as many as 33.7 bitcoins in January. With these 33.7 bitcoins that were mined last month, the company now stands strong with a total of 183.7 bitcoins to date. According to media reports, Digihost
Stellar is a full-stack cryptocurrency and digital payments platform, founded in the year 2015 by Mt. Gox with an aim to bring the global financial system under one roof enabled by the power of blockchain technology. Put simply. Users can trade, hold and sell a cryptocurrency, trade forex or securities, and make payments of any
The second-largest Bank of Spain – the Banco Bilbao Vizcaya Argentaria, S.A. (a. k. a BBVA) is primed and decisive to enter the Crypto Services arena such as cryptocurrency trading as well as custody. As per the sources and declaration, this Spanish bank is planning to start its Europe-wide crypto initiative from Switzerland; thus, it
