Blockchain

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What Is a Rug Pull in Crypto and How Can You Identify It

What Is a “Rug Pull” in Crypto and How Can You Identify It?

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On October 26, 2021, a cryptocurrency called “SQUID”—inspired by the popular Netflix show Squid Game—was launched. Within a week, the token’s value increased by 23,000,000% to US$2,862, after which it came crashing down to nearly zero dollars as the developers pulled almost US$3.4 million from investors. It took five minutes for the token’s value to fall to nothing.

What Is a “Rug Pull” in Crypto and How Can You Identify It? Read More »

On October 26, 2021, a cryptocurrency called “SQUID”—inspired by the popular Netflix show Squid Game—was launched. Within a week, the token’s value increased by 23,000,000% to US$2,862, after which it came crashing down to nearly zero dollars as the developers pulled almost US$3.4 million from investors. It took five minutes for the token’s value to fall to nothing.

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Top 5 NFT Types of 2022

Top 5 NFT Types of 2022

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NFT” has been crowned Collin Dictionary’s Word of the Year for 2021. After all, NFTs, or non-fungible tokens, have amassed a following like no other over the past year. So much so that the use of this abbreviation increased by 11,000% in 2021. Collins Learning managing director, Alex Beecroft, told the Guardian,

Top 5 NFT Types of 2022 Read More »

NFT” has been crowned Collin Dictionary’s Word of the Year for 2021. After all, NFTs, or non-fungible tokens, have amassed a following like no other over the past year. So much so that the use of this abbreviation increased by 11,000% in 2021. Collins Learning managing director, Alex Beecroft, told the Guardian,

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How the Taproot Upgrade Changes the Future of Bitcoin

How the Taproot Upgrade Changes the Future of Bitcoin

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On November 14, Bitcoin underwent the Taproot upgrade which was activated at block 709,632. The groundwork for this upgrade was laid down back in June when 90% of the Bitcoin miners chose to signal their “support”

How the Taproot Upgrade Changes the Future of Bitcoin Read More »

On November 14, Bitcoin underwent the Taproot upgrade which was activated at block 709,632. The groundwork for this upgrade was laid down back in June when 90% of the Bitcoin miners chose to signal their “support”

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What Are the Top 5 Cryptocrimes

What Are the Top 5 Cryptocrimes?

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When it comes to cryptocurrency, you must proceed with caution. Not only because of its volatility but also the growing number of crimes associated with it. Owing to the anonymity and lack of regulation of cryptocurrency, people have found ways to misuse it. Given that, we take a look at the most prominent cryptocurrency crimes right now:

What Are the Top 5 Cryptocrimes? Read More »

When it comes to cryptocurrency, you must proceed with caution. Not only because of its volatility but also the growing number of crimes associated with it. Owing to the anonymity and lack of regulation of cryptocurrency, people have found ways to misuse it. Given that, we take a look at the most prominent cryptocurrency crimes right now:

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Beyond Collectibles Practical Applications of NFTs

Beyond Collectibles: Practical Applications of NFTs

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Almost all big names have hopped on to the non-fungible token (NFT) trend this year. Be it BTS, Snoop Dogg or Shawn Mendes, we have seen many celebrities drop collectibles for their fans or at least confirm their plans of coming out with them. In fact, a company called Sorare made an entire fantasy football game around collecting NFTs.

Beyond Collectibles: Practical Applications of NFTs Read More »

Almost all big names have hopped on to the non-fungible token (NFT) trend this year. Be it BTS, Snoop Dogg or Shawn Mendes, we have seen many celebrities drop collectibles for their fans or at least confirm their plans of coming out with them. In fact, a company called Sorare made an entire fantasy football game around collecting NFTs.

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Is Crypto Mining Still Profitable

Is Crypto Mining Still Profitable?

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On November 9, 2021, the global crypto market hit the US$3 trillion mark, which is more than the gross domestic product (GDP) of countries like India, the United Kingdom, France and Italy. With crypto becoming more and more widespread, individuals and companies alike have been seeking to benefit from the crypto mining (the process of adding new crypto tokens to circulation) business.

Is Crypto Mining Still Profitable? Read More »

On November 9, 2021, the global crypto market hit the US$3 trillion mark, which is more than the gross domestic product (GDP) of countries like India, the United Kingdom, France and Italy. With crypto becoming more and more widespread, individuals and companies alike have been seeking to benefit from the crypto mining (the process of adding new crypto tokens to circulation) business.

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What Can Be Tokenized in a Blockchain

What Can Be Tokenized in a Blockchain?

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In November this year, Hybe, the South Korean agency behind the world-famous boy band BTS, announced its plans to enter the Non-Fungible Token (NFT) business. The agency plans to buy a 2.5% stake in blockchain-based startup Dunamu, and release BTS NFTs in a joint venture with the startup’s crypto exchange, Upbit. These NFTs will feature moving images and voices of the artists.

What Can Be Tokenized in a Blockchain? Read More »

In November this year, Hybe, the South Korean agency behind the world-famous boy band BTS, announced its plans to enter the Non-Fungible Token (NFT) business. The agency plans to buy a 2.5% stake in blockchain-based startup Dunamu, and release BTS NFTs in a joint venture with the startup’s crypto exchange, Upbit. These NFTs will feature moving images and voices of the artists.

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Supplying Heat with Bitcoin Mining

Supplying Heat with Bitcoin Mining

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Bitcoin has become infamous for the tremendous amount of energy required to mine it. Bitcoin mining consumes 91 terawatts of electricity annually—more than what the entire country of Finland uses in a year. The process of Bitcoin mining also generates a large amount of heat that has been conventionally released into the atmosphere.

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Bitcoin has become infamous for the tremendous amount of energy required to mine it. Bitcoin mining consumes 91 terawatts of electricity annually—more than what the entire country of Finland uses in a year. The process of Bitcoin mining also generates a large amount of heat that has been conventionally released into the atmosphere.

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How Do Crypto Trading Bots Work and Are They Worth It

How Do Crypto Trading Bots Work and Are They Worth It?

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Cryptocurrencies are known to be very volatile. There are days when you can easily double or triple your investment, but there are also days when you lose everything in a second. Since the crypto market is still unregulated, it’s a cinch for traders to rig prices and influence the market in their favor.

How Do Crypto Trading Bots Work and Are They Worth It? Read More »

Cryptocurrencies are known to be very volatile. There are days when you can easily double or triple your investment, but there are also days when you lose everything in a second. Since the crypto market is still unregulated, it’s a cinch for traders to rig prices and influence the market in their favor.

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All You Need to Know to Get Started on Building a Crypto Exchange

All You Need to Know to Get Started on Building a Crypto Exchange

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021 has been a great year for cryptocurrencies. In fact, the crypto market is expected to grow from US$1.6 billion to US$2.2 billion by 2026. The tremendous growth potential of crypto has inspired many to dive into the business. The typical way to go about getting into the crypto business would be to buy some of it.

All You Need to Know to Get Started on Building a Crypto Exchange Read More »

021 has been a great year for cryptocurrencies. In fact, the crypto market is expected to grow from US$1.6 billion to US$2.2 billion by 2026. The tremendous growth potential of crypto has inspired many to dive into the business. The typical way to go about getting into the crypto business would be to buy some of it.

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What Happens When Crypto Tokens Are Burned

What Happens When Crypto Tokens Are Burned?

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As of November 2021, the cryptocurrency market is worth more than US$3 trillion, and the non-fungible token (NFT) market is worth more than US$7 billion. As cryptocurrency and NFTs continue to gain prominence, it has become crucial to understand various aspects of the two to make the most out of their surging prices and popularity.

What Happens When Crypto Tokens Are Burned? Read More »

As of November 2021, the cryptocurrency market is worth more than US$3 trillion, and the non-fungible token (NFT) market is worth more than US$7 billion. As cryptocurrency and NFTs continue to gain prominence, it has become crucial to understand various aspects of the two to make the most out of their surging prices and popularity.

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Event Review Corporate Innovation Summit 2020 LIVE

Sorare Global Fantasy Soccer Game

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NFTs are everywhere this year, and their popularity is exploding. From celebrities like Lil Nas X to Azealia Banks, everyone has been taking the plunge into NFTs. Thus, it comes as no surprise that the gaming industry would join in on the NFT trend as well.

Sorare Global Fantasy Soccer Game Read More »

NFTs are everywhere this year, and their popularity is exploding. From celebrities like Lil Nas X to Azealia Banks, everyone has been taking the plunge into NFTs. Thus, it comes as no surprise that the gaming industry would join in on the NFT trend as well.

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What Are the Cheapest Cryptopunks

What Are the Cheapest Cryptopunks?

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What do Jay Z, Logan Paul and the financial services company Visa have in common? (besides the fact that all three have a lot of money, of course!) All three own some Cryptopunks. Cryptopunks are rapidly becoming extremely popular in the non-fungible token (NFT) space.

What Are the Cheapest Cryptopunks? Read More »

What do Jay Z, Logan Paul and the financial services company Visa have in common? (besides the fact that all three have a lot of money, of course!) All three own some Cryptopunks. Cryptopunks are rapidly becoming extremely popular in the non-fungible token (NFT) space.

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What Does the Unites States’ Infrastructure Bill Mean for Crypto Taxation

What Does the United States’ Infrastructure Bill Mean for Crypto Taxation?

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On November 10, 2021, the U.S. passed a US$1.2 trillion infrastructure bill. The bill, or the Infrastructure Investment and Jobs Act, will ramp up government spending on public infrastructure like roads, bridges as well as water and broadband. The law was passed with a bipartisan vote of 69 to 30.

What Does the United States’ Infrastructure Bill Mean for Crypto Taxation? Read More »

On November 10, 2021, the U.S. passed a US$1.2 trillion infrastructure bill. The bill, or the Infrastructure Investment and Jobs Act, will ramp up government spending on public infrastructure like roads, bridges as well as water and broadband. The law was passed with a bipartisan vote of 69 to 30.

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BTS, Shawn Mendes and Other Celebs Foray into NFTs in 2021

BTS, Shawn Mendes and Other Celebs Foray into NFTs in 2021

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This has been the year of the non-fungible tokens, or NFTs. Memes, games, art and many more items raked in thousands of dollars in the form of NFTs. It was only a matter of time before celebrities caught on and boarded this money-making bandwagon. Their token of choice? Themselves.

BTS, Shawn Mendes and Other Celebs Foray into NFTs in 2021 Read More »

This has been the year of the non-fungible tokens, or NFTs. Memes, games, art and many more items raked in thousands of dollars in the form of NFTs. It was only a matter of time before celebrities caught on and boarded this money-making bandwagon. Their token of choice? Themselves.

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What Is a DAO and How Does It Make Money

What Is a DAO and How Does It Make Money?

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Imagine that you and your partners come up with an excellent business idea. After drafting a thorough plan, all you need is the money to execute it. For that, you can set up a decentralized autonomous organization, or DAO. To join the organization, people buy tokens, gaining part ownership of your company while investing in it.

What Is a DAO and How Does It Make Money? Read More »

Imagine that you and your partners come up with an excellent business idea. After drafting a thorough plan, all you need is the money to execute it. For that, you can set up a decentralized autonomous organization, or DAO. To join the organization, people buy tokens, gaining part ownership of your company while investing in it.

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