Guides

A Bitcoin retirement account could make you look like the coolest grandpa or grandma in town one day. However, there are benefits and downsides to Bitcoin pension plans, and today we break them down to find out how feasible cryptocurrency IRAs are. There are plenty of financial alternatives you can choose as savings account for the autumn of your life. We won't describe all of them, or you risk retiring before reading the entire article. Instead, we will focus on…

Cryptocurrencies and digital assets are causing a stir in the current financial market, among other areas. They provide a platform that opens up more business opportunities for investors globally. However, as more players enter the game, some worries accompany this asset. High risks come with trading in digital assets, with thefts through hacking on the rise. Furthermore, losing and forgetting private keys is also a significant issue when storing them. It is common in traditional finance platforms to find currency…

YouTube is the largest video-viewing franchise on the internet today. It is also the second-largest Google-based search engine globally. User statistics show that over 70% of adults use YouTube in the US, with 2 billion logged-in users per month.  Notwithstanding, YouTube comes along with a couple of issues despite its popularity. Most of these issues arise from the centralization of the platform. Other issues include imprecise terms and conditions, privacy, copyrights, rejection of crypto-based payments, biased video suggestion algorithms, and…

Tax authorities worldwide try to benefit from the wealth in cryptocurrency with varying degrees of success. Countries like the UK, Israel, Denmark, Switzerland, Argentina, and Bulgaria all have crypto taxation laws in different classifications. However, other countries allow their citizens to trade cryptocurrency with zero taxation. These include Portugal, Germany, Singapore, Malta, and Malaysia.  While countries have made milestones in cryptocurrency taxation, understanding the process is still complicated. Some guidelines are vague or sophisticated, which frustrates crypto users who wish…

Since its debut in 2008 and Bitcoin's introduction, blockchain technology has achieved new heights daily. It incorporates the use of a decentralized ledger for information storage. With its infiltration into industries globally, companies see more benefits that blockchain technology offers. Security and ease of transactions and record-keeping are getting better with more innovations applied to the technology. Art has been around for a long time and is depicted in many forms. The richness contained in the sector requires the preservation…

Multitudes are buying into the use of blockchain technology and cryptocurrencies over time. Unfortunately, miners usually get a harder time competing with other miners to get the chance to add a block to the chain. However, technology evolution ensures something for everyone while reducing piling congestion in primary blockchains. The issues brought about the introduction of sidechains to increase the functionality of the primary chains. The development of sidechains is making the concept of merged mining popular. Merged mining, also…

Smart contracts are useful for peer-to-peer transactions in blockchains. They are also helpful for trade finance and insurance to improve claim processing, stock taking, and record keeping.  Although these blockchain applications are useful in various industries, they may not always be safe and prone to attacks. The effects of smart contract attacks are very devastating and can cause significant losses to a project's investors. This article will address various vulnerabilities in smart contracts, how they occur, and their effects on…

The cryptocurrency network requires a robust infrastructure built on blockchain technology to enable it to run smoothly. Furthermore, users in these networks are essential in providing resources to maintain them.  Two processes are essential in maintaining cryptocurrency systems: mining and staking. The mining process requires equipment and attention to monitor. Staking, on the other hand, provides users with a chance to earn coins without the need to mine or the need for high computational power. What is Crypto Staking? Staking involves…

A social crypto trading community is an online ecosystem of crypto investors that allows sharing and discussing trading ideas. The trend of taking the crypto community by storm could significantly transform crypto trading. As a result, many cryptocurrency trading platforms contemplate adding a social trading feature to their systems.  Managing the social trading community is currently the most powerful challenge social trading platforms face. Due to poor management, many platforms failed a few days after launching social trading systems. But…