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Blockchains have been gaining attention since the history of crypto. The highly advanced systems help decentralize and streamline financial systems globally. As the blockchain systems grow, investors start noticing issues and propose an upgrade. However, for any upgrade to occur, blockchain requires the consensus of all participants. If there is no consensus, two factions with opposite ideas may form. The developers may choose to go ahead with the upgrade but maintain the status quo in the original chain. At that point,…

Money oversees most activities individuals intend to fulfill in their daily lives. A government can regulate fiat currencies by taking coins or paper money as legal payment tools. Cryptocurrencies began to feature in the market more than a decade ago to replace the traditional financial system with an advanced mode of transacting. Despite uplifting most users' lives and living standards, digital and fiat currencies portray specific impacts in the global environment. Generally, the environmental conservation topic surrounds common natural causes.…

Considering most investors in the traditional finance market, a large number of them have never placed a trade directly with an exchange. This is based on the fact that most investors manage their assets through brokers and fund managers.  Moreover, with the current crypto space, most investors trade their funds directly on exchange platforms. Currently, the most popular exchanges include Binance, Bittrex, and Coinbase Pro. From these platforms, you, as a crypto investor, can understand how these exchanges work to…

2021 has been the year of the crypto world. The year began with an excellent market bull run that positively impacted the entire crypto world. The NFT craze in 2021  has also been another popular season, with many investors earning millions from NFT related assets. Defi has also been a source of profits for investors globally.  Apart from the market bull run and Defi and NFT growth, many cryptocurrencies launched in 2021. However, very few of those that launched have…

There is nothing as frightening to any investor as a financial scam, especially one that wipes out one's entire investments in a project. Such occurrences aren't just an enclave of cryptos either. The 2008 stock market crash caused by the too-big-to-fall Lehman Brothers caused a devastating global wipe-out of people's savings. The rug pull scam is frightening, though it's not quite to the scale of the massive mainstream financial crisis that sends entire economies reeling back several years. So what…

About three decades ago, there was the inception of the dial-up-internet, then came the internet era, and now, the blockchain revolution is here with us. Today, about nine out of ten Americans use the internet, but a fascinating recent invention is the blockchain, the principal technology behind cryptocurrency. Still in its initial stages, mainstream blockchain adoption may be some years away. Nevertheless, some claim that its adoption will be as revolutionary as the internet. Over the years, many people have wondered…

It has been an eventful few months within the crypto market. Most cryptocurrencies, Bitcoin (BTC) included, have surged to new highs before crashing back down. Unfortunately, this volatility is not unusual for the sector and lies an excellent opportunity. While some crypto enthusiasts sweat over Bitcoin's unpredictability, others see possibilities to make a killing. And they're doing that through Bitcoin futures, a speculative BTC trading strategy that utilizes the volatility of the crypto.  So what are Bitcoin futures? How do…

For a long time, precious metals have been a haven for many investors. Gold, for instance, presents an anti-inflationary store of wealth and investment option since it's deemed to be always appreciating. Well, that's inarguably true, but the real problem is the accessibility and handling of the precious metal. Its high value raises significant security concerns, plus intermediaries in conventional markets always skyrocket the cost an investor has to pay for a gold bar. Luckily, blockchain technology is carving a…

The world of crypto is growing, and now people are eager to get in on the frenzy. Crypto stands for all cryptography applications, including DeFi, which mirrors traditional banking and financing concepts except on blockchain technology. The advent of DeFi tokens has caused a frenzy reminiscent of the booms of bitcoin and other cryptocurrencies in 2017. DeFi tokens have joined the race in disrupting traditional finance by allowing the following: lending and borrowing within a peer-to-peer network without any intermediaries,…