Fiat is Mostly Used for Money laundering

Fiat is Mostly Used for Money laundering

Claims that cryptocurrencies, including Bitcoin and Monero, have been used for many years as a means of spreading illegal activities such as money laundering are big fat lies. Bad reputation due to incorrect assumptions From the very beginning, and perhaps due to a lack of understanding of the underlying technology behind Bitcoin, as well as … Read more

Can cryptocurrencies eventually replace dollar?

Can cryptocurrencies eventually replace dollar?

Billionaires rejected it from the very beginning, but in the last few months, many agree that Bitcoin will play a significant role in the future. Who will replace the fiats, and will they replace them at all So, Bitcoin. Yes, Bitcoin. Billionaires rejected it from the very beginning, but in the last few months, many … Read more

Blockchain vs Database

Blockchain vs Database

Many people still do not understand the differences and similarities between traditional databases, and more recent innovative blockchains. Two storage solutions One likely source of this confusion is the fact that a block chain is a type of database, as it is used to store information in data structures called blocks. A traditional database also … Read more

Promising Implications of Accepting Payments for Ethereum

Promising Implications of Accepting Payments for Ethereum

Visa has announced that it will support payments in Ethereum via the USDC stablecoin. What will this bring to Ethereum, and how will it affect the most stable coin, as the payment giant enters the crypto game. VISA integrating into Cryptocurrencies The credit card giant has already completed its first transaction with the USDC, and … Read more

Ponzi schemes and cryptocurrencies

Ponzi schemes and cryptocurrencies

The Ponzi scheme sounds somehow bad. Linked to fraud and financially sophisticated theft, a Ponzi scheme is not something you would want to run into. But if you are able to avoid them, then you simply can not escape from the financial pyramid. The Money Rule that can’t be rooted out From its namesake, Charles … Read more

5G Network Split Vulnerability Exposes Businesses to Cyber Attacks

5G Network Split Vulnerability Exposes Businesses to Cyber Attacks

AdaptiveMobile Security today publicly revealed details of a major security flaw in the 5G network separation architecture and virtualized network features. This fundamental vulnerability can make possible data access and denial of service attacks between different network segments in a 5G network. Threat of 5G network separation This problem can create significant security risks for … Read more

Blockchain Basics: Key Features of the Technology

Blockchain Basics: Key Features of the Technology

With the advent of Bitcoin in 2009, the world was introduced to blockchain technology. This step was the first of many steps in the development of innovative blockchain technology, and on the way to digital currencies. Blockchain Technology in Simple Words At first glance, both Blockchain and Bitcoin may seem intimidating and incomprehensible. Having clearly … Read more

Grayscale Launches New Crypto Investment Funds

Grayscale Launches New Crypto Investment Funds

Grayscale Bitcoin Trust is currently the largest public holder of Bitcoin. But competition is heating up as Osprey launches a rival Bitcoin trust, and several ETFs are filing for approval. The struggle of institutions for Bitcoin The largest public holder of Bitcoin is Grayscale, which operates the largest Bitcoin trust, Bank of America said in … Read more

What is the real price of crypto crimes?

What is the real price of crypto crimes?

Last week, Coinfirm, a leading global provider of AML software and blockchain analytics, published a crime analysis for 2020, analyzing traditional (fiat) and crypto crimes, and which crypto-criminal sectors are growing rapidly. The human cost of crime It was found that the total volume of crypto crimes in 2020 was just under $ 10.5 billion, … Read more

What to consider when trading cryptocurrency in 2021

What to consider when trading cryptocurrency in 2021

What do traders expect from high-quality, modern exchange services and aggregators? This has a lot to do with the context of the industry — what people do with their assets, and the choices they should use to navigate the larger financial technology ecosystem. Factors for choosing trading resources What does a crypto trader expect to … Read more

Algorithmic Stablecoins: What is it?

Algorithmic Stablecoins: What is it?

Have you ever wondered why the PayPal balance is always equivalent to a dollar? PayPal uses a time-tested recipe to create a stable representative of the dollar: it ensures that every PayPal dollar is backed by sufficient assets. New solution or absurd? A new generation of financial engineers, the so-called developers of algorithmic stable coins, … Read more

How Blockchain Creates 5 Opportunities To Disrupt Financial Technology

How Blockchain Creates 5 Opportunities To Disrupt Financial Technology

Given how technological advances have proven to be revolutionary for a wide range of industries, Blockchain is one of the most innovative and useful technologies. Technology that is essential Today, fintech industries are increasingly using blockchain in numerous financial services. Financial infrastructures, traditional banks, and credit unions must use fintech innovations within existing service platforms, … Read more

Memes Are More Important: Tron Promotion in Question

Memes Are More Important: Tron Promotion in Question

Tron and its founder Justin Sun are back in defensive mode as they deny any information about who was behind the recent celebrity Twitter campaign that saw the price TRX up 30% in a matter of days. Justin Sun and his new trick TRON is a blockchain platform running on its own TRX token. Its … Read more