Opinion

Folks in the crypto community usually prepare for when a Bull-run trend commences before they can invest. Needless to say, countless other opportunities exist when an investor can obtain high yields. In that rationale, Yield Farming is among the newest projects that let users exponentially ramp up their crypto investments hassle-free. However, the Semantics that are part of yield farming can be a Gordian knot to unfold. For instance, not many folks understand it, let alone when to invest in…

Cardano Foundation's announcement of its partnership with Confirm, an analytics provider, raised a lot of scrutiny in recent times. Through the partnership, custodians, exchanges, and other third parties can track Cardano's native ADA crypto held in their wallets.  Following the reveal, there have been major concerns circling the partnership by Weiss Crypto. What the Weiss Criticism Entailed Charles Hoskinson, the founder of Cardano, believes that partnering with Confirm will bring more adoption to the Cardano blockchain. After all, its purpose…

According to a new revelation by the New York Times, some FBI staff allegedly gained access to data owned by a crypto hacker. The FBI gained access to the sensitive data with the help of a glitch in the AI company Palantir. The company has ties with big government agencies like the CIA and the US Immigration Agency( ICE). Crypto Hacker Faces Charges The suspected hacker in question is none other than Virgil Griffith. He allegedly aided the North Korean…

As recently recorded, Asset Managers and financial institutions currently hold approximately 6% of the total supply of BTC. As analysts speculate, 21M BTC will circle the finance world by 2140. 18M are presently in circulation. On May 22, 2010, slightly over a year after bitcoin had been coded into existence, Florida man Lazslo Hanyecz officially became the first person to use the digital currency in a commercial transaction. Hanyecz paid for a couple of pizzas worth about $30, with 10,000…

Recent data suggests that Bitcoin’s network has approximately 88,365,209 addresses. This figure accounts for the period between January and June 2021. So, in the six months, users created almost 488,206 addresses daily. Is Crypto Adoption Now Mainstream? According to the data, June 2021 had the lowest number of addresses created, while January records the highest. Users in January 2021 made 551,132 addresses, while June had 370,269 addresses created daily. The monthly figure equates to 17,085,095 addresses made in January 2021…

On Thursday, Tokyo-based Japanese crypto exchange Liquid revealed hackers had compromised it. Liquid did not exactly put up any figure on the amount stolen from the warm wallets. However, Elliptic estimated the hackers made away with about $97 million in digital coins.  The figure included $31 million in ether, $5 million in bitcoin, $13 million in XRP, and stablecoins. $45 million of the amount was in Ethereum tokens. Liquid said that the conversion of the digital assets to ether is underway. This…

Philosophers and most fintech aficionados align the concept of cryptocurrencies with free will despite the differing analogy between the two. The main feature of cryptocurrencies is to provide users with the freedom to choose how, when, and where to use their funds.  Accounting to the fact that money breeds freedom (still debatable), it is possible that cryptocurrencies could be the modern-day catalyst to achieving free will.  Well, let's take a gander at the common arguments of free will from staunch…

Volatility is a distinct characteristic in cryptos like Bitcoin or Ethereum. One moment, the value could be skyrocketing, and the next second, it is singing a different tale. Though cryptocurrencies may offer intriguing innovations that are changing the financial realm, the issue of volatility is scaring off some potential traditional investors. Fluctuations are nipped in the bud by the concept of stablecoins. Stablecoins are cryptos that are pegged to a fiat currency or another item of value. An example that…

The recent announcement regarding Cardano's Alonzo hard fork has sent shock waves in the crypto world. According to the blockchain's founder Charles Hoskinson, Cardano should fully support smart contracts by Friday, 20 August. Furthermore, the hard fork seems to have the potential to propel Ada's price levels to new heights. What the Alonzo Hard Fork Offers The Cardano blockchain has development grouped into five key stages. Each stage is meant to make it a better version of itself. The five stages…