Opinion

The infrastructure bill is a US senate proposed bill that aims to spend over $1.2 trillion developing infrastructure. This bipartisan $1 trillion infrastructure bill results from the years of hard work to improve the American infrastructure systems.  It includes lump sum spending on developing roads, rails, power, environment, drinking water, airports, and many more. The main issue with this trillion-dollar bill is the way to fund the projects.  In a 2700 page document, the infrastructure bill contains new regulations that…

After 2009 when the first decentralized cryptocurrency, Bitcoin, was created by Satoshi Nakamoto, many other founders emerged and came up with new projects. These projects either sought to be better than Bitcoin or cover the niches in Bitcoin. Although cryptocurrencies are based on blockchain technology, many individuals are becoming more innovative in the industry. These founders come from various backgrounds including, development, economics, or the corporate world. Their backgrounds and experiences inspire them to develop unique ideas to solve real-world…

On Tuesday 10th August 2021, cross-chain Defi platform Poly network got hacked, with the alleged attackers draining more than $600 million on BinanceChain, Ethereum, and OxPolygon. This is the largest DeFi hack to date. According to Igor Igamberdiev, the leading cause of the attack is attributed to a cryptographic issue – although this is not usually the case. It can be likened to the Anyswap exploit, which led to $7.9 million's theft due to the hacker reversing the private key.…

What asset should I Invest in this year? The above question troubles every investor at some point in their investment life. It's the desire of an investor to put their money in assets that have excellent returns and the best prospects. However, in a financial world with many investment options, it could be hard to select the type of investment and precisely the asset to work with. Primarily, a crypto investor wants to find a sustainable asset performing well in…

Traditional financial institutions have set up insurance and other protections in place to keep your money safe. For digital currency exchanges, it's the opposite. Before you indulge in any crypto activity like buying or selling, you have to make sure you do it safely because it’s a relatively unregulated industry. Security is vital for any cryptocurrency user globally; no one wants to be a victim of theft. The Federal Trade Commission estimated that nearly 7,000 people lost more than $80…

Bitcoin is currently the most popular cryptocurrency with the highest market capitalization. Ethereum, the second to bitcoin, has the second-largest market cap and is the second most popular crypto asset. Bitcoin launched in 2009, and Ethereum came much later in 2015. The most exciting thing about the assets is the excellence of their services, with bitcoin being a medium of exchange and Ethereum as a center for decentralized applications. For the past years, the two assets have been the choice…

Being on the wrong side of the law is never a good idea, not least when it could cause jeopardy to investments. Keeping tabs on what regulations demand is a wise step. Cryptocurrencies are a relatively new means of trading and therefore keep changing in scope and tech. So in making the regulations regarding them, many governments take quite a combative position against them.  Diving straight into the crypto trade without considering the underlying regulations is like walking on eggshells.…

One attribute that's always defined as cryptocurrencies is that they're disruptive. Since they continue to upset the common order within the financial sector, they've turned out divisive. Today you have legions of their proponents and opponents alike. Their motivation being the value or lack of what they perceive in them. To their supporters, they are the cure-all that the financial sector has been yearning for. However, their opponents deem them a scandal that shouldn't have happened. It shows that cryptocurrencies…

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 $1,827 trillion. Bitcoin is up by roughly 7% after a successful weekly run. Ethereum has increased by over 20% over the past seven days. XRP records a 6% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with significant value boosts. The DeFi sector added almost $8 billion to the total…