The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...
Read More »ECB Embraces Own Stablecoin Dismissing Bitcoin’s Classic Principles
European Central Bank’s head (and former International Monetary Fund’s head) Christine Lagarde said that the stablecoins market is gaining momentum and the officials need to keep up with changes:“My personal conviction is that giving the developments we are seeing, not so much in the bitcoin segment, but in the stablecoins projects. And we only know of one at the moment but there are others, being explored and underway at the moment. We’d better be ahead of the curve if that happens. Because...
Read More »What Benefits Can Cryptocurrencies Offer?
With the change in time, everything including currency has been digitalized. Cryptocurrency is a digital benefit used as a form of business transaction.Cryptocurrency functions using cryptographic algorithms to offer consumers a secure line of financial transactions. Crypto exchange gives customers a chance to implement business deals without the presence of an intermediary .i.e. an accountant, a third party or a banker.Legal IssuesThe interaction with currencies make taxation inevitable....
Read More »Is Zcash (ZEC) a Total Failure? Crypto Influencers Disagree
Privacy coin attacked for "dumping on investors". Ethereum creator Vitalik Buterin - also an advisor for Zcash (ZEC) - says coin is exploring uncharted terrain. Market cap - but not coin price - up 40,000% since launch. Ethereum founder Vitalik Buterin leapt to the defence of privacy coin Zcash (ZEC) after a prominent crypto influencer branded it a “failure.” Zcash wields a market cap of over $250 million, and is the second highest capped privacy coin at time of writing, behind Monero...
Read More »Black Friday Crypto Rambling: Buy Stuff Cheaper with Crypto
First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays. However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...
Read More »Crypto Security Technology Mimble Wimble May Not Be as Strong as We Thought
A privacy-based technology known as Mimble Wimble has been integrated into various privacy tokens since last January. The trouble is, it may not be as private as people originally thought.Mimble Wimble Isn’t Doing Enough to Keep Your Identity a SecretA new study shows that the first privacy coins to implement the technology are ones referred to as Grin and Beam, both of which are very new and are hardly being used at all at press time. This could be why the technology is so easily...
Read More »Booking.com Joins Hands with Crypto-Friendly Travel Booking Platform Travala.com
As part of a major Strategic Partnership Agreement online travel giant Booking.com has joined hands with crypto-friendly travel platform Travala.com. The official announcement came from Travala on Monday, November 25.Over the last two years, Travala has expanded its services by allowing its users to pay for their hotel bookings in cryptocurrency. Besides, the announcement says that Travala has already integrated Booking.com’s accommodation to its platform. With this major collaboration,...
Read More »YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market
YouHodler Turbo Loans: Multiply Your Crypto Portfolio in a Bear Market YouHodler’s “Turbo Loan” feature lets users take a “chain of loans” in one click to help multiply their crypto portfolio. So in a bear market like this, see how you can “Turbocharge” your crypto up to ten times, while also lowering interest fees, eliminating fees on crypto purchases and creating a better way to earn crypto. Earn crypto: How „Turbo Loans“ work YouHodler...
Read More »Libra Would Be Registered as a Security in the U.S. after Legislative Overturn
Congress Representatives were unhappy with Zuckerberg‘s attitude on his last hearing within a building of the House Financial Committee Services. Previously, Mark claimed that his company would not be trying to undermine the existing dollar-based economy. Yet, he wants Facebook to have its branded currency no matter what, working all over the Earth, with 200 million people as the “ready to go” audience. And even if the EU, Asia-Pacific and other tech-savvy gigs start developing much better,...
Read More »Monero’s Embarrassing Website Hack: What You Need to Know
A user discovered an anomaly Monday in command line interface binaries downloaded from Monero’s website.The Monero community quickly discovered malicious code. One user reported $7,000 missing from their wallet.Users can take steps to verify code before running it, and additional security measures to secure their crypto.GetMonero.org, the official website of the privacy-focused Monero cryptocurrency, is down Wednesday morning, two days after a user on Github reported a miss-matched hash in...
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