At the dawn of cryptocurrencies, it was extremely difficult to make transactions between different types of crypto assets or between fiat currencies (for example, US dollars, euros, Japanese yen) and cryptocurrencies. Legitimate and trustworthy cryptocurrency exchange companies were in short supply, and decentralized exchanges supported by decentralized finance (DeFi) had not yet been created. Both … Read more
Josh Pullan, managing director of Sotheby’s, said that there are few such diamonds put up for auction, which makes it really special. The sale, titled «The Key 10138», is for a 101.38-carat diamond that has been classified by the Gemological Institute of America (GIA) like color D, flawless and type IIa. Throughout history, there are … Read more
The initial reaction of major financial institutions to blockchain and cryptocurrencies was, how should I put it mildly, less than enthusiastic. However, today, ten years later, some of them consider blockchain an integral part of their infrastructure. Banks understand that the adoption of digital currencies is only one step towards securing their place in the … Read more
Back in 2009, the original Bitcoin blockchain was launched. It was born due to the shortcomings of traditional financial markets and fiat currencies. Together with its launch, a new technology was born, which will be adopted by thousands of enterprises and millions of people around the world. Blockchain, a type of distributed ledger technology (DLT), … Read more
It is obvious that cryptocurrencies are not only not going to disappear, but also are a method of financial infrastructural influence, which is at the forefront of the development of the entire global financial system. This is demonstrated by its consumption of several trillion dollars, and the influence of some of the world’s most important … Read more
BNY Mellon, one of the most famous financial institutions in the world, which represents a traditional Wall Street institution, became the first bank in the world to allow its customers to store, transfer and issue digital currencies. Although this decision was not without internal opposition, it marks a milestone in the development of cryptocurrency, since … Read more
The whole point of DeFi is that they allow you to do without centralized licensed money keepers, that is, traditional banks. This means that DeFi is not just another unwanted breakthrough of the crypto industry for existing banks. This is a real threat. DeFi and cryptocurrency are part of a broader cultural shift, as a … Read more
Cryptocurrency giveaway is a free distribution of pre-mined coins to the blockchain community. Airdrops usually occur after the blockchain launch has completed the ICO, and the token is available for trading on the open market. Crypto Airdrops: how does the distribution of coins work When a startup or projects decide to conduct an airdrop, they … Read more
Blockchain technology first appeared with the launch of Bitcoin in 2008, and for many years this technology has mainly been associated with cryptocurrency, ICO (initial coin offerings) and, more recently, with decentralized finance. Blockchain and the Fourth Industrial Revolution The nature of the technology has obvious advantages over the traditional financial sector but now it … Read more
For thousands of years, people have used gold as a symbol of prosperity, wealth, and power. In our time, gold is not only used as a decoration or as a means of preserving wealth, it is also used as a reserve currency, in medicine and electronics. Since gold is very valuable, experts say that the … Read more
Bitcoin has become a major intervention in the global economy, redefining the traditional concepts underlying the operations of many financial institutions. He drew the world’s attention to a concept called «cryptocurrency». Two Crypto Assets — Two Concepts The initial hype around that Bitcoin`s taking over the world’s economies has subsided over time due to fluctuations … Read more
El Salvador is the first country in the world to make Bitcoin legal tender. Many analysts predict that governments will closely monitor El Salvador to see if the move is in line with its goals. Bitcoin as Legal Payment Will Soon Go Viral «History!» tweeted El Salvador’s president, Nayib Bukele, on June 9, before changing … Read more
Have you ever heard of a Tether, USD Coin, DAI, AMPL, or other asset that claims to have a target price? Most likely yes, but if not, this article will help you understand how tokens that offer the ability to accept cryptocurrency work without worrying about market volatility. Stablecoin as an attempt to curb volatility … Read more
The emergence of cryptocurrencies has created a furor in the financial world. Traditional investors, who initially avoided the crypto markets, now consider cryptocurrencies as the best investment. Complete financial paradigm shift Since John Maynard Keynes laid the foundation for modern financial markets, investors have mostly taken positions in stocks, bonds, and cash. In modern economic … Read more
Blockchain-based networks, decentralized applications (dApps), and distributed registries are becoming the backbone of much of our digital lives. A new, unchanging digital universe is forming around us, remaking the Internet, and you probably don’t even know it. Invisible technology changing the world Blockchain is not a buzzword like the cloud or the Internet of Things. … Read more