MakeUseOf - Cryptocurrency

Can You Use Binance in the US?

Katie Rees — Wed, 18 Oct 2023 16:46:31 GMT

Binance is the world's largest and most popular cryptocurrency exchange, used by novices, casual traders, and professionals alike. But can Binance be accessed in the US? As a US resident, can you trade and invest in crypto on this platform?

The 6 Pros and Cons of Crypto Lending and Borrowing

Katie Rees — Mon, 16 Oct 2023 21:15:30 GMT

The crypto industry has developed so much over the past decade that it's no longer just about buying and selling. There are now so many financial services tailored towards the DeFi realm, including lending and borrowing. But is it safe to lend and borrow crypto, or are drawbacks involved?

6 Ways You Can Lose Your Money Using Crypto Exchanges and How to Avoid Them

Adaeze Uche — Mon, 16 Oct 2023 14:00:30 GMT

With how popular and widespread cryptocurrencies like Bitcoin have become, more people are turning to crypto exchanges that make it easy to trade, invest, and store their digital assets.

6 Reasons Cryptocurrency Exchanges Delist Cryptocurrencies

Oluwademilade Afolabi — Mon, 16 Oct 2023 11:00:31 GMT

Cryptocurrency exchanges sometimes pull the plug on coins and tokens. Why would they do such a thing?

6 Ways to Cash Out Your Bitcoin

Razvan Mihaila — Wed, 11 Oct 2023 15:30:30 GMT

Bitcoin has been around since 2009 and, if you’re one of the early investors, it might be the time to cash out. But how can you sell your Bitcoin for cash?

What Is EIP-7514 and How Will It Fix Ethereum's Broken Staking System?

Elvis Gwaro — Fri, 06 Oct 2023 10:25:30 GMT

Ethereum staking was introduced to improve the network's security and stability and has since experienced unprecedented growth, with the current percentage of staked ETH exceeding 20% of the total ETH supply.

The Fastest Way to Convert Bitcoin to Dollars Using Binance (Step-by-Step)

Katie Rees — Wed, 04 Oct 2023 19:15:31 GMT

Once you've invested in Bitcoin, what you do next is up to you. Some wish to hold their BTC short-term, while others are in it for the long run. Regardless of your personal goals, if the time comes when you want to cash out on your Bitcoin, you want a method that's quick and easy.

How Much Bitcoin Is Lost Forever and How Did It Get Lost?

Katie Rees — Thu, 28 Sep 2023 20:45:29 GMT

While millions of Bitcoin are in circulation today, a good chunk of this supply has been lost over the years. But how can Bitcoin be lost? Has it been destroyed, or is it just sitting in a wallet, waiting to be found?

10 Reasons Centralized Crypto Exchanges Are Great for Beginners

John Awa-abuon — Wed, 27 Sep 2023 20:16:27 GMT

Beginning your journey in the crypto world can be both thrilling and daunting. There are many options to choose from when it comes to buying and selling cryptocurrencies. However, not all of them are equally suitable for beginners who are looking for a simple and convenient way to get started.

What Are MetaMask Snaps, and How Do They Work?

Adaeze Uche — Mon, 25 Sep 2023 21:00:30 GMT

On September 12, 2023, ConsenSys Software Inc. introduced MetaMask Snaps to help MetaMask developers and users customize and enhance their Web3 experience. So what is MetaMask Snaps, and how does it work?

Bitcoin Crash vs. Correction: What's the Difference?

Shubham Pandey — Fri, 22 Sep 2023 11:15:25 GMT

Regardless of whether you're a seasoned crypto trader or someone taking their first steps into the world of digital currency, chances are you've come across two terms that can leave your head spinning: "crash" and "correction."

How to Transfer Your Crypto to a Cold Storage Wallet (Step-by-Step)

Katie Rees — Thu, 21 Sep 2023 15:30:26 GMT

Having a software crypto wallet is all fun and games until a technical issue or cyberattack leaves you penniless. Crypto loss and theft are by no means uncommon, with victims losing billions every year to malicious actors.

Top 10 Blockchain Domain Name Systems

Elvis Gwaro — Thu, 21 Sep 2023 12:45:25 GMT

Blockchain domains have gained attention over the last few years as people rush to scoop names before everyone jumps onto the Web3 train. But most importantly, these domains enable users to enjoy the benefits of blockchain technology.

What Is a Decentralized Website? How Does the Decentralized Web Work?

Elvis Gwaro — Wed, 20 Sep 2023 12:45:26 GMT

Do you know how the internet works? How the websites you visit daily function?

What Is a Bitcoin ATM and When Should You Use One?

Rahul Nambiampurath — Tue, 19 Sep 2023 10:15:26 GMT

A Bitcoin ATM is a handy way to buy Bitcoin, but is it worth your while?

Staking vs. Yield Farming: What's the Difference?

Adaeze Uche — Mon, 18 Sep 2023 14:31:24 GMT

Cryptocurrency staking and yield farming are two popular ways for crypto investors to earn passive income—generate income without actively trading. However, these two strategies operate differently, with distinct mechanisms, rewards, and risks.

What Is the XMTP Web3 Messaging Protocol and How Does It Work?

Jayric Maning — Mon, 18 Sep 2023 11:15:25 GMT

Web3 is a significant step forward from Web2. While Web2 is focused more on usability, data collection, and user-generated content, Web3 focuses on decentralization, user ownership and control, and interoperability. As we transition from Web2 to Web3, the opportunity to develop better web protocols is now possible.

Don’t Let the Elon Musk “Freedom Giveaway” Crypto Scam Swindle You

Shan Abdul — Sat, 16 Sep 2023 16:31:24 GMT

Have you been added to a random Twitter list named "Deal of the Year" or similar? Is there an image at the top of the list showing Elon Musk's tweet stating that he has randomly chosen some new followers and is giving them an opportunity to participate in the biggest giveaway? This is a fake tweet that forms the basis of a scam.

What Is Sweatcoin and Does It Give You Real Money?

Katie Rees — Fri, 15 Sep 2023 13:45:25 GMT

It's often difficult to get yourself outside for a walk or a run. Tiredness, lack of motivation, weather, and many other factors affect how often we work out. Sometimes, these factors prevent us from exercising altogether.

Binance Spot Wallet vs. Binance Funding Wallet: What's the Difference?

Oluwademilade Afolabi — Fri, 15 Sep 2023 13:00:25 GMT

If you use Binance, you've probably noticed a couple of different wallet options when you log in. The two most regularly used options are spot and funding wallets.

What Is Maximal Extractable Value (MEV), and How Does It Work?

Dreamchild Obari — Thu, 14 Sep 2023 18:16:25 GMT

A pillar of cryptocurrency and blockchain technology is decentralization. Blockchain networks delegate verifying transactions to block producers (miners and validators). For their contribution, block producers receive rewards proportionate to the gas fees paid on transactions they record.

If You Didn’t Change Your Passwords After the LastPass Data Breach, Do It Now

David Rutland — Wed, 13 Sep 2023 18:52:15 GMT

Hardly a week goes by without news of a data breach hitting the headlines. Real consequences are seemingly rare, and successful attacks so common that it's almost tempting to ignore them and carry on as normal. But the LastPass data breach of 2022 saw criminals accessing entire password vaults, leading to a series of increasingly implausible denials from the company.

Will AI or Blockchain Achieve Mass Adoption First? 8 Factors to Consider

Jose Luansing Jr. — Wed, 13 Sep 2023 17:30:27 GMT

While blockchain technologies gained traction during the peak of cryptocurrencies, they’ve recently taken a backseat to the AI race. Modern AI models disrupted the tech industry, with consumers, private businesses, government agencies, and tech developers incorporating AI into various sectors.

USDC vs. USDT: What You Should Know About the Two Largest Stablecoins

Shubham Pandey — Wed, 13 Sep 2023 16:00:25 GMT

In the stablecoins market, a thrilling competition exists between two heavyweights: USDT and USDC. The experienced contender, Tether (USDT), has been the largest and most widely used stablecoin for a long time.

The 5 Biggest Crypto Rug Pulls of All Time

Shubham Pandey — Mon, 11 Sep 2023 18:16:25 GMT

There's a dark side of crypto you need to be aware of. One of the most alarming developments is a "rug pull." It might sound unusual, but it's a term used to describe a scam that causes immense pain and disappointment for unsuspecting investors.

How to Transfer Your Crypto From Binance to Bybit

Shan Abdul — Sun, 10 Sep 2023 11:15:26 GMT

Do you have crypto funds in Binance but want to buy or trade a coin available only in Bybit? One option is to buy crypto directly from the Bybit exchange using your debit card or other payment options. If you prefer not to take that route, you can transfer your funds from Binance to Bybit, and we're here to show you how.

The Top 7 On-Chain Privacy Technologies

Elvis Gwaro — Mon, 04 Sep 2023 20:45:25 GMT

Blockchain technologies keep an immutable record of all transactions executed. This record is publicly accessible, meaning someone can identify transactions, check the addresses, and possibly link them back to you.

Why CBDCs and Cryptocurrencies Can Co-Exist

Dmytro Spilka — Mon, 04 Sep 2023 17:45:26 GMT

You may have been hearing about central bank digital currencies (CBDCs) for some time now. Although much of their development has undoubtedly been driven by developments in the world of cryptocurrency, there’s no reason why the two entities can’t co-exist in a digitally-charged economic landscape.

What Are Social Tokens? How Do They Work?

Elvis Gwaro — Sun, 03 Sep 2023 15:45:24 GMT

Social media platforms have been instrumental for brands and creators worldwide. They've even led to the emergence of new industries, such as influencer marketing. However, these social platforms have one major flaw: they take most of the revenue.

What Are Blue-Chip NFTs and Where Can You Find One?

Dreamchild Obari — Sat, 02 Sep 2023 19:15:25 GMT

Risk is a constant in all investments, more so for an industry as volatile as cryptocurrency. NFTs, which are digital objects on the blockchain, are no exception. With so many collections, finding a stable NFT to invest in is difficult.

Binance Launchpad vs. Binance Launchpool: Key Differences Explained

Oluwademilade Afolabi — Sat, 02 Sep 2023 16:00:26 GMT

Launching or investing in a new crypto project can be tricky business. Whether you're an investor or developer, there are so many platforms and options to choose from these days that it's hard to pick a winner.

What Are Telegram Crypto Bots and How Do They Work?

Elvis Gwaro — Fri, 01 Sep 2023 10:01:25 GMT

Cryptocurrency trading is not a job for the faint-hearted in terms of both the risk and the amount of work required. Would-be crypto investors always want to know how to make it less risky and simpler.

How Ethereum's Deflationary Status Has Affected Its Price

Shubham Pandey — Thu, 31 Aug 2023 21:46:25 GMT

Imagine you wake up one day and hear 2,500 ETH, or the equivalent of around $4.5 million, was destroyed (burned) by an unknown individual for an unknown reason. What will you do? Celebrate and praise the move to effectively reduce Ethereum's total supply and reach deflationary status, or question the motive behind it? Take your pick.

What Is DRC-20? How Do You Mint DRC-20 Tokens?

Dreamchild Obari — Thu, 31 Aug 2023 20:45:26 GMT

Tokenization is a key part of Web3 as it allows the representation of nearly anything of value on the blockchain. But tokenization isn't possible without token standards, rules that oversee how a token works by itself and within the network.

What Are the Best Countries for Mining Bitcoin in 2023?

Shubham Pandey — Wed, 30 Aug 2023 10:31:23 GMT

Mining Bitcoin is like a digital treasure hunt, but it's not all fun and games. Electricity costs play a significant role in whether miners can make money. Just as you need to spend your allowance wisely, miners must manage their expenses and earnings. And because electricity prices differ worldwide, mining Bitcoin can be a better deal for some people and a tougher one for others.

The Top 10 Crypto Exchanges With the Lowest Fees

Katie Rees — Sat, 26 Aug 2023 10:30:25 GMT

If you're looking to buy or sell cryptocurrency, exchanges are invaluable platforms providing key crypto stats, trading pairs, storage options, and more. While you can buy or sell crypto via a software wallet, having an account with a reputable exchange can open many doors to building your portfolio.

5 Reasons GameFi Will Never Take Off or Attract Real Gamers

Katie Rees — Sat, 26 Aug 2023 10:15:25 GMT

Crypto and gaming both form huge parts of the tech industry, and combining the two has given way to GameFi. GameFi has some exciting attributes, but there are several reasons why it doesn't have much potential among gamers.

How the Virtual Currency Tax Fairness Act Will Make Crypto Cheaper

Shubham Pandey — Fri, 25 Aug 2023 11:31:25 GMT

With the ever-changing technology sector, our financial interactions are also transforming. Cryptocurrencies have presented us with new opportunities and challenges. However, a significant issue during this digital transformation is the tax gap, which refers to the difference between the taxes owed and the actual amount paid to the government.

What Is Friend.Tech and Should You Believe the Hype?

Shubham Pandey — Wed, 23 Aug 2023 22:05:24 GMT

Picture this: a social media platform where your data is not a commodity, algorithms don't hold the reins to your feed, and you have the final say in what you see and share. Friend.tech is a decentralized social media (DeSo) platform with a cryptocurrency twist. It understands your frustration with algorithms deciding what should grace your feed, drowning out the voices that matter to you.

What Is Web3 Messaging and How Does It Work?

Elvis Gwaro — Wed, 23 Aug 2023 19:15:24 GMT

With all the buzz around the transition from Web2 to Web3, you might wonder what it will be like using the internet of the future. More specifically, will online communication be the same or more enhanced?

What Is Scalability in Blockchain? A Simple Explanation

Adaeze Uche — Tue, 22 Aug 2023 22:00:23 GMT

As more individuals and organizations employ blockchain technology, scalability has become more prominent. You've likely come across this term, maybe, as the biggest problem of the crypto industry.

How Do Cryptocurrency Exchanges Make Money? 8 Ways Explained

Oluwademilade Afolabi — Tue, 22 Aug 2023 21:15:27 GMT

Interest in cryptos such as Bitcoin and Ethereum has exploded. This has led to crypto exchanges like Coinbase and Binance seeing huge jumps in both valuations and revenues.

What Happens if a Cryptocurrency Exchange Goes Bust?

Oluwademilade Afolabi — Mon, 21 Aug 2023 20:00:26 GMT

The cryptocurrency world holds plenty of risks for investors as exchanges store billions of dollars worth of digital currency for users. But there's one nightmare scenario that keeps many up at night—what if your chosen crypto exchange suddenly goes belly-up?

Securing Your Identity on the Blockchain: What You Need to Know

Adaeze Uche — Sat, 19 Aug 2023 21:00:24 GMT

Blockchain technology is commonly touted as the next best thing for representing everything we have on the web, including our data, social media profiles, images, bank account info, shopping preferences, educational qualifications, and website usage behavior.

Why Celebrities Are Getting Sued for Promoting Their Bored Ape NFTs

Gavin Phillips — Fri, 18 Aug 2023 19:05:24 GMT

During the early 2022 NFT craze, some odd things happened. People paid hundreds of thousands of dollars for unique images, and celebrities appeared on late-night talk shows to promote them. It was a strange time.

What Are Bitcoin Spot ETFs and Why Won't the SEC Approve Them?

Shubham Pandey — Fri, 18 Aug 2023 10:15:26 GMT

Whether you're a seasoned investor or just starting, there are multiple avenues to invest and diversify your money. One of the portals to do so is via an exchange-traded fund (ETF). ETFs have evolved to cover a wide range of asset classes and sectors, catering to investors' diverse needs and preferences, including commodity, stock, bond, and industry or sector ETFs, such as cryptocurrency ETFs.

What Is a Crypto Airdrop and How Does It Work?

Elvis Gwaro — Thu, 17 Aug 2023 15:46:24 GMT

Cryptocurrency airdrops have become very popular on social media platforms. New airdrops are frequently announced, and people scramble for what they believe are lucrative deals.

How to Use Binance's Bixel to Mint AI Generated NFTs

Katie Rees — Mon, 14 Aug 2023 22:01:22 GMT

Throughout the 2020s, AI and NFTs have been all the rage. Binance has now combined these two popular technologies in Bixel, its new NFT generator. But how does this service work, what does it offer, and is it worth trying?

How to Buy Cryptocurrency Using Revolut

Dmytro Spilka — Mon, 14 Aug 2023 17:30:21 GMT

As the cryptocurrency landscape continues to enter the mainstream, it's becoming increasingly accessible throughout a broader range of fintech services.

What Is a Reentrancy Attack and How Does It Work?

Elvis Gwaro — Mon, 14 Aug 2023 15:00:22 GMT

Some of the biggest hacks in the blockchain industry, where millions of dollars worth of cryptocurrency tokens got stolen, resulted from reentrancy attacks. While these hacks have becomes less common in recent years, they still pose a significant threat to blockchain applications and users.

10 Must-Read Crypto and Blockchain Newsletters

Elvis Gwaro — Sun, 13 Aug 2023 16:31:22 GMT

The cryptocurrency space is characterized by endless possibilities intertwined with chaos amid a slow and steady disruption of global financial systems. It's a relatively new concept, at least for most global citizens who are yet to need it or are too skeptical to venture into it.

The Top 5 Cryptos Used By Cybercriminals on the Dark Web

Katie Rees — Fri, 11 Aug 2023 15:00:25 GMT

While there are plenty of benefits crypto can offer, this industry also has a more illicit side. Cryptocurrency has become popular among cybercriminals looking to launder money and make illegal transactions on the dark web. So why are malicious actors flocking to crypto, and which assets are the most commonly used on the dark web?

What Is Coinbase Wallet Messaging and How Does It Work?

Elvis Gwaro — Fri, 11 Aug 2023 10:46:23 GMT

Traditionally, crypto wallets have been platforms for buying, holding, selling, or transferring cryptocurrencies. However, the introduction of Coinbase Wallet instant messaging marks a significant shift in how we use crypto wallets.Coinbase Wallet messaging aims to enable more people to use decentralized applications to communicate and transact freely, privately, and securely. But what precisely is Coinbase Wallet instant message, and how does it work?

What Is the Cryptocurrency Worldcoin? And How Does It Work?

James Dolan — Wed, 09 Aug 2023 19:30:22 GMT

Worldcoin is an ambitious crypto project that intends to bring widespread adoption of cryptocurrencies by giving away free tokens. However, this asset has a catch: participants must be willing to have their eyes scanned upon registration.Though Worldcoin deems this necessary, is the asset really safe to use? How does Worldcoin work, and what are its drawbacks?

What Is the PayPal USD Stablecoin and How Does It Work?

Yadullah Abidi — Tue, 08 Aug 2023 10:05:24 GMT

Every now and then, a new player enters the crypto world, hoping to launch a product that'll be more accessible to the masses and boost crypto adoption. PayPal, with the release of its PayPal USD stablecoin, aims to do the same.

The 11 Most Important Cryptocurrencies, Ranked

Katie Rees — Mon, 07 Aug 2023 19:30:23 GMT

There are now thousands of cryptocurrencies on the market, but not all are equal. A small group of cryptocurrencies have made their way to the top of the crypto game, carving themselves out as highly influential and sought-after.

How Crypto Press Releases Impact Prices

Adaeze Uche — Sat, 05 Aug 2023 13:00:24 GMT

Big announcement. Immediate rush. Prices go up. Rinse and repeat. If you are familiar with the ever-unfolding drama in the crypto world, chances are you’re familiar with this pattern.

What Is a CD Crypto Wallet, and Can You Use It to Store Crypto?

Dmytro Spilka — Fri, 04 Aug 2023 10:15:24 GMT

The subject of safely storing cryptocurrency is a tricky one for investors of all shapes and sizes. Even the ecosystem's biggest whales can struggle to manage their assets safely, so could CD crypto storage offer an unconventional solution?

How to Create an Ethereum Wallet to Safely Store Your Ethereum

Johnathan Jaehnig — Wed, 02 Aug 2023 21:30:23 GMT

There are a lot of different ways to safely store your Ethereum (ETH). Picking the right option for you means understanding the different kinds of wallets that are out there, as well as knowing which providers are best. From there, you can think about hard wallets if you feel that you need one.

How to Earn Free Crypto Using Coinbase Learning Rewards

Dmytro Spilka — Tue, 01 Aug 2023 10:30:24 GMT

Cryptocurrency is a vast ecosystem that relies upon many complex technologies and processes. With new projects continually cropping up throughout the crypto landscape, it may seem difficult for new investors to learn the ropes in the industry.That's where Coinbase Learning Rewards comes in.

How to Mint an NFT on Cardano (ADA)

Elvis Gwaro — Sun, 30 Jul 2023 21:25:21 GMT

Creating an NFT collection is no longer a preserve of blockchain techies. Today, courtesy of many easy-to-use platforms, anyone can create an NFT collection, list it on marketplaces, and make money from sales and royalties.

The Top 7 Cardano NFT Marketplaces

Elvis Gwaro — Fri, 28 Jul 2023 11:15:23 GMT

There are two reasons you'd consider a Cardano NFT marketplace. First, you know of Cardano's impressive transaction speeds, low transaction fees, and environmental friendliness. Second, you are an NFT enthusiast or are at least interested in them.

Will Bitcoin Reach a New All-Time High in 2025?

Dmytro Spilka — Fri, 28 Jul 2023 11:01:23 GMT

The cryptocurrency market downturns of 2022 saw the likes of Bitcoin shed their value so drastically that even after months of steady recovery, many assets remain more than 50% adrift from their old all-time highs. Despite this, many crypto users are readying for a parabolic Bitcoin rally in 2025. Are they right to do so?

The 10 Best ChatGPT Crypto Prompts

Elvis Gwaro — Thu, 27 Jul 2023 20:45:28 GMT

Cryptocurrency is slowly changing the financial landscape, bringing complex concepts and opportunities that need understanding. To keep up with the industry, whether by understanding new terminologies, exploring crypto projects, or even conducting advanced trading, you'll need to use tools that give you power.

The 8 Best Crypto ChatGPT Plugins

Elvis Gwaro — Tue, 25 Jul 2023 12:15:22 GMT

Navigating the crypto world can be quite daunting. From understanding new terminologies, courtesy of a fast-evolving industry, to keeping up with market trends, it's easy to get lost in the chaos of investing in the most volatile financial assets.

The 7 Benefits of IPFS That Make It the Future of the Web

Elvis Gwaro — Mon, 24 Jul 2023 17:16:22 GMT

The Interplanetary File System (IPFS) is a revolutionary protocol that mimics a blockchain design to decentralize data storage. Juan Benet created it to make Filecoin more open and faster, but over time, it has found so many applications in other niches.IPFS is still growing as a protocol as more projects leverage its technology. It comes with several advantages, making it a great contender that might define the future of the web.

How to Set Up and Use IPFS

Elvis Gwaro — Mon, 24 Jul 2023 14:45:26 GMT

The Interplanetary File System (IPFS) is designed to make data sharing decentralized and resistant to censorship. It's different from blockchain technology but has much in common and could form the basis of Web3.

What Is an NFT Floor Price?

Adaeze Uche — Sun, 23 Jul 2023 13:00:24 GMT

If you're familiar with non-fungible tokens (NFTs), you may have come across the term "floor price." When buying NFTs, floor prices are something worthy of note, as they affect your purchase price.

7 Blockchain-Based Social Media Platforms to Try Out

Elvis Gwaro — Sat, 22 Jul 2023 10:15:23 GMT

From Facebook to Twitter to Reddit, and other conventional social networks, one thing is common: they are built to benefit the company. To be more precise, they commodify users' data and take home a significant chunk of profits while users fight for scraps.

5 Reasons You Cannot Use ChatGPT for Crypto Analysis

Katie Rees — Thu, 20 Jul 2023 11:00:22 GMT

Trading crypto is and always has been a risky game, so it makes sense to pursue avenues that may make it a little easier. In 2023, the use of ChatGPT in crypto trading became evident, as this chatbot is a hub of information. However, there are some reasons why using ChatGPT to trade cryptocurrency may be a bad idea.

Can You Trust AI Crypto Trading Bots?

Katie Rees — Wed, 19 Jul 2023 13:30:23 GMT

If you want to trade crypto but don't want to deal directly with statistics, order books, and other fussy elements, you may be interested in using an AI trading bot. But is it safe to automate your crypto trading venture in this way? Can you trust AI trading bots?

The 10 Best Solana NFT Marketplaces

Elvis Gwaro — Wed, 19 Jul 2023 10:30:18 GMT

Solana NFTs have gained popularity because the Solana blockchain offers fast and low-cost transactions. Many marketplaces have come up to serve the growing market of creators who want to sell their works without incurring huge transaction fees on the Ethereum blockchain.

What Is LayerZero? Can It Solve the Blockchain Interoperability Problem?

Ukeje Chukwuemeriwo Goodness (Goodnessuc) — Mon, 17 Jul 2023 17:00:19 GMT

Over the years, blockchain and distributed ledger technology's journey to decentralization has been plagued by interoperability issues. For perfect blockchain interoperability, projects have to implement standardized data formats, common consensus mechanisms, secure communication channels, and interoperability protocols that are secure and scalable.

How Does Ethereum Burning Work?

Katie Rees — Sat, 15 Jul 2023 10:45:20 GMT

Since the Ethereum Merge in 2022, Ethereum has become a deflationary asset, with ETH burned on a regular basis. But what does Ethereum burning entail, and what's the point of it?

Centralized vs. Decentralized Crypto Exchanges: Which Is Better?

Katie Rees — Sat, 15 Jul 2023 10:30:19 GMT

All crypto exchanges vary, but there are two main categories under which they fall: centralized and decentralized. But what's the difference between centralized and decentralized crypto exchanges, and which is best for you?

Why the Police Won't Investigate Your Lost or Stolen Crypto

Katie Rees — Fri, 14 Jul 2023 22:00:18 GMT

If someone hacks your bank account, steals your wallet, or uses your payment card without your permission, notifying the police is usually standard procedure. But if someone steals your cryptocurrency, will the police be able to help? Can the authorities recover your stolen funds, or is it a lost cause?

6 Surprising Ways Bitcoin Mining Benefits the Environment

Elvis Gwaro — Fri, 14 Jul 2023 21:45:18 GMT

Most people believe Bitcoin only pollutes the environment, courtesy of endless literature discussing its negative implications. However, new studies suggest otherwise; Bitcoin is on the front line in the fight against climate change.From acting as an efficient power grid stabilizer to being one of the most effective means of eliminating emission gasses from the atmosphere, here are six interesting ways you might not know Bitcoin mining benefits the environment.

The Top 7 Decentralized Identity Protocols

Elvis Gwaro — Wed, 12 Jul 2023 11:31:19 GMT

Data breaches, fraud, verification bottlenecks, and fake credentials are some of the challenges we face with the current identification systems, and the centralization of data storage is majorly to blame.

The Top 5 AI-Based Crypto Tools You Can Use Right Now

Ukeje Chukwuemeriwo Goodness (Goodnessuc) — Tue, 11 Jul 2023 19:45:17 GMT

The marriage of AI and crypto has created many opportunities and challenges, including enhanced trading and investment strategies, improved security and fraud detection, predictive analytics, and market forecasting.

5 Ways Decentralized Identity Will Impact the Internet and Our Privacy

Elvis Gwaro — Tue, 11 Jul 2023 10:16:18 GMT

Identity is a fundamental human right that gives us the power to participate in society. With the internet in place, our contribution is enhanced even more. Yet, with such power amid an era of data centralization and commodification, the need for an elaborate identity system cannot be emphasized enough.

The Top 10 Blockchain-Based Storage Platforms

Elvis Gwaro — Mon, 10 Jul 2023 13:15:18 GMT

Traditional data storage systems were great for some time, but they had several disadvantages, such as data breaches and vulnerabilities, which some people couldn't put up with anymore.

5 Ways to Track Down Lost Bitcoin and Other Cryptos

Katie Rees — Mon, 10 Jul 2023 12:15:18 GMT

Losing a crypto wallet can be incredibly frustrating, especially if the wallet in question holds a large amount of crypto. But don't worry; losing or forgetting about a crypto wallet isn't where things end. You can take a few different steps to reclaim your lost cryptocurrency. Let's take a look at these methods.

5 Tools to Help You Detect and Stay Safe From Crypto Scams

Ukeje Chukwuemeriwo Goodness (Goodnessuc) — Sat, 08 Jul 2023 19:01:18 GMT

Cryptocurrency’s popularity has been accompanied by a surge in scams, raising significant concerns in finance. Detecting and staying safe from these scams is crucial for financial protection and personal data security, alongside overall credibility and growth of the crypto ecosystem.

What Are Generative Art NFTs?

Dreamchild Obari — Thu, 06 Jul 2023 21:30:19 GMT

Non-fungible tokens (NFTs) experienced a market boom in 2020 and are still loved by many. But now, artists focus on creating art that is more in likeness to the digital world, such as complex VR art experiences and other artworks that blockchain metadata could computationally describe.

7 Sustainable Cryptocurrencies That Are Much Greener Than Bitcoin

Elvis Gwaro — Wed, 05 Jul 2023 13:16:06 GMT

Cryptocurrencies are scrutinized for their impact on the environment, with Bitcoin rightly taking most of the blame. Following concerns about the trajectory of environmental degradation and climate change, this development doesn't come as a surprise.

How Does NFT Taxation Work and How Much Does It Cost?

Dmytro Spilka — Wed, 05 Jul 2023 12:46:17 GMT

Non-fungible tokens, or NFTs for short, have taken the world by storm in recent years. These digital assets can take many forms and offer a range of utilities, but what happens when taxation comes into play for NFT holders?

What Polygon 2.0 Is and What to Expect From It

Elvis Gwaro — Wed, 05 Jul 2023 09:40:16 GMT

Polygon, the most prominent Ethereum Layer 2 solution and one of the top cryptocurrency projects by market value, is launching its first zkEVM chain, independent of the main Polygon proof of stake chain. Furthermore, it plans to fundamentally change the architecture of the Polygon Network with the launch of Polygon 2.0.So, what is Polygon 2.0, and why does it matter?

Crypto vs. Forex Trading: The 3 Main Differences Explained

Dmytro Spilka — Tue, 04 Jul 2023 17:45:18 GMT

The world of forex and cryptocurrency trading certainly share some similar characteristics. While forex focuses on the trades revolving around traditional financial markets, crypto merely converts this into digital currency. So why, then, are both forms of trading so different in practice?

What Makes Bitcoin Scarce? Why Does Bitcoin Have Value?

Dmytro Spilka — Mon, 03 Jul 2023 15:15:19 GMT

Bitcoin is the world's oldest and most famous cryptocurrency. In an impressive feat for a first-of-its-kind project, very few crypto assets come close to the market capitalization and value held by Bitcoin. Backed by a framework designed to mimic the scarcity of gold, why is BTC as functional today as in 2009?

5 Reasons You Should Use a Cryptocurrency Cold Wallet

Dmytro Spilka — Fri, 30 Jun 2023 14:46:17 GMT

Storing your cryptocurrency is one of the most important aspects of investing in digital assets.

Binance vs. Binance.US: The Key Differences Explained

Katie Rees — Fri, 30 Jun 2023 13:45:18 GMT

Binance is one of the world's biggest cryptocurrency exchanges, but it doesn't come in just one form. You can use Binance via its original website or Binance.US. So, what's the difference between the two, and which should you use?

What Is Polygon's AI Copilot and How Does It Work?

Adaeze Uche — Fri, 30 Jun 2023 09:50:18 GMT

On June 21, 2023, Polygon Labs introduced Polygon Copilot, a new artificial intelligence (AI) powered chatbot to help developers, tech enthusiasts, and curious users navigate Web3.

Is Skrill Safe? Can You Trust It With Your Money?

Damir Mujezinovic — Tue, 27 Jun 2023 21:00:19 GMT

Less than two decades ago, most people still carried around cash and checks, and went to the bank whenever they needed to deposit or withdraw money.

5 Risks and Issues With the Bitcoin Lightning Network

Adaeze Uche — Mon, 26 Jun 2023 15:15:18 GMT

In the world of cryptocurrencies, Bitcoin has firmly established itself as the front-runner, revolutionizing decentralized finance.

What Is Binance's Bitcoin Cloud Mining Feature? Is It Safe?

Katie Rees — Thu, 22 Jun 2023 10:15:17 GMT

Mining Bitcoin can and has earned people a lot of money. The lure of mining a Bitcoin block and hitting that jackpot is prevalent, but most people don't have the equipment to become fully-fledged miners. This is where Binance's Bitcoin Cloud Mining feature can help. But how does this work, and is it really safe?

9 Ways to Earn Sweatcoins Faster

Oluwademilade Afolabi — Tue, 20 Jun 2023 13:15:18 GMT

You go to the gym and have to swipe your card to pay to keep fit. Let's flip the table and step into a dimension where you get compensated to stay fit instead.

What Is Bitcoin's Stacks Layer-2 and How Does It Work?

Wasay Ali — Tue, 20 Jun 2023 10:15:17 GMT

The blockchain trilemma is a persistent problem in the world of cryptocurrencies. Even Bitcoin, considered the pinnacle of decentralization and security, grapples with this issue. While it has established the benchmark for all crypto ventures in the market, its scalability limitations make the BTC blockchain impractical for Web3-based applications.

What Is Social Mining and How Can It Benefit You?

Elvis Gwaro — Sat, 17 Jun 2023 20:31:20 GMT

Nowadays, competition between social media platforms is rife. As a result, some platforms have come up with innovative ways to encourage engagement, such as social mining. Social mining takes advantage of blockchain technology to make reward systems more lucrative.

How Do Liquidity Provider Tokens Work?

Dreamchild Obari — Thu, 15 Jun 2023 11:30:19 GMT

Money makes the world go round; the same goes for the blockchain industry. Finance on the blockchain differs from traditional finance in terms of centralization, verification, territory, and more. Yet, every financial activity on the blockchain, like lending, borrowing, or token-swapping, needs funds to operate. No crypto, no DeFi.

Monero (XMR) vs. Zcash (ZEC): Which Crypto Offers the Best Privacy?

Katie Rees — Wed, 14 Jun 2023 17:15:19 GMT

Monero and ZCash are two of the top choices for privacy-centered cryptocurrencies. But these two coins are not one and the same, with some preferring one over the other. So, if you're concerned about your privacy but want to invest in crypto, should you choose Monero or ZCash? Which privacy coin is best?