Risks associated with transmitting sensitive data exist in any online environment. Proven cryptocurrency platforms and exchanges apply a range of security measures to protect user data, as their reputation depends on it. In its relatively short existence, the cryptocurrency industry has already experienced a lot of negative moments, and for many, the fear of becoming…
U.S. presidential administration will force miners to pay nearly a third of their profits to the state budget
The President’s Council of Economic Advisers (CEA) proposed a thirty percent tax on miners to prevent them from spoiling the climate. The Council proposed the tax to be phased in over three years, starting with 10% the following year. In 2025, raise the tax to 20 percent, and then to 30 percent. The proposed cryptocurrency…
5 steps to implement blockchain technology solutions in your company or venture
There is no denying that emerging technologies are radically transforming our era, redefining the way we interact, relate online, do business and even think as human beings. We’re talking about blockchain technology, the foundation of Web3. Radical transformation and new business models A radical transformation is brewing right now, largely driven by the growing interest…
How could the CFTC lawsuit affect Binance?
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its executives. The regulator intends to completely strip the largest crypto exchange of the U.S. market and accuses it of facilitating illegal activities and trade manipulation. The text of the indictment took 74 pages. Citing quotes from internal chats that the…
Why is everyone waiting for the Arbitrum airdrop?
Offchain Labs, the developer of the Arbitrum ecosystem, announced the launch of its own ARB token, part of the offering of which will go to active platform users through an airdrop – a distribution of tokens by developers. The excitement around the distribution and start of token trading arose after the example of a successful…
How to do fundamental analysis of cryptocurrencies?
It is common to talk about fundamental analysis in the world of trading. Who has not looked before choosing a particular stock at the situation in which the sector and the economy is globally and nationally? However, with cryptocurrencies fundamental analysis does not work the same way. If we want to research this well, we…
What is Optimism?
Optimism is a layer 2 blockchain that aims to enhance the functionalities of Ethereum. Processing speed and gas cost are among the weak points in many blockchains. Improvements in these areas are needed to decongest the network and improve blockchain performance. Optimism and its technology have achieved this improvement in the Ethereum blockchain, in addition…
Comparing Bitcoin or Etherium?
Bitcoin vs Ethereum. As Shakespeare’s classic would say: ‘That is the question’. And, indeed, that is the question if you are a cryptocurrency investor who, taking into account the volatility that characterizes this market, prefers to opt for assets that, due to their track record, provide you with more guarantees. Differences between Bitcoin vs Ethereum…
What is the seed phrase
Cryptocurrencies, unlike traditional currencies, are not backed by any central government or financial entity, but instead rely on a decentralized network of nodes that verify and validate transactions. Therefore, since they are not backed by any entity, a lot of emphasis needs to be placed on security. Therefore, one of the key features of cryptocurrencies…
What is Near?
Meet Near, the next generation blockchain that seeks a great goal: the total and definitive decentralization. History of Near In the quest for decentralization, Near and its ecosystem play a very important role, which started a few years ago and is still in full development today. Here we show you its journey: 2017: Illia Polosukhin…