Opinion

According to a job posting, Walmart looks forward to hiring an expert with vast knowledge of cryptocurrencies. The E-commerce giant states that the position will employ a digital currency lead responsible for developing a virtual currency framework. What's more, the strategist holding that position will be on the lookout for any crypto-related investments, show dedication to a product roadmap, and transform customers' concerns into product requirements.  Thus, this position will build the expert's portfolio as a skilled individual who implements…

Financial regulators, commonly referred to as watchdogs, are systems set nationally and internationally to help control and ensure the financial world is reliable. It's the fundamental duty of these watchdogs to develop policies that help in protecting the citizens from any financial dangers. Globally, watchdogs, including SEC, FCA, among others, have always sought to regulate crypto. However, there's one problem: cryptos were never supposed to be a regulated entity.  In the past years, many top financial analysts have demanded more…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,950 trillion. Bitcoin is up by roughly 5% after another successful weekly run. Ethereum has increased by over 4% over the past seven days. XRP records a spectacular 60% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with significant value boosts. The DeFi sector added almost $1 billion to the…

As the world continues to embrace cryptocurrencies, so too do they evolve. Evolution affects many of their processes and functions.  Bitcoin, your premier digital asset, isn't exempt from these changes. One important process where it has undergone tremendous change is in Bitcoin (BTC) Mining. So what is Bitcoin Mining? What's its importance? How has Bitcoin Mining evolved with time, and what's its future? Well, this article takes you through the evolution of Bitcoin mining. The process will help you understand…

The fourth industrial revolution has come with consistent growth and adoption of technology in different fields of life. Amidst all this, the most extensive innovation of our century, Bitcoin, also surfaced on the financial markets over ten years ago. Bitcoin is burgeoning. A decade since its inception, the average daily trading of cryptocurrencies has exceeded 1% of trading in Foreign exchange markets. It’s currently the most significant market globally by trading volume. Bitcoin transactions alone have grown by almost 60%…

On August 13, Poly Network confirmed it had offered the hacker or hackers responsible for its $610M loss a ‘mistake reward’ of $500,000. In a statement, Poly gratified the hacker's decision to return the bulk funds. The dubbed name is an industry term for an ethical hacker whose purpose is to expose vulnerabilities in the Poly Network’s system. What Next After the Reward? The network hopes that “Mr. White Hat” would aid in developing the blockchain sector after he accepted…

Every jurisdiction operates using fiat currencies because everyone highly accepts it as a store of value and a means of payment. However, people accept Bitcoin as a means of payment, but only in some parts of the world.  The fact that the government backs fiat currencies poses some concerns and limitations to its users. They include inflation, deflation, theft, to name a few. On the other hand, Bitcoin is backed by blockchain technology. The technology creates room for the network…

According to Coinmarketcap, there are over 11 thousand crypto assets. Although the number of crypto assets is increasing rapidly, very few are getting mainstream adoption, and others fail. According to a statistic, as of 2019, over 1000 crypto coins had failed. Generally, one factor that contributes to the failure or success of an asset is the level of popularity. The more popular the asset, the higher the investor's chance to consider it and vice versa are also true. Therefore, the…

BitMEX exchange has agreed to pay $100 million to settle the charges by the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) unit of the U.S. Treasury Department. The lawsuit arose from BitMEX unlawfully accepting customer funds to trade cryptos without registration. In addition to this, they failed to conduct customer due diligence. According to CFTC and FinCEN, this went on for six years with U.S. customers. What the Lawsuit Entailed The order found that…