The Beginner’s Guide to Monero (XMR) – What You Need to Know

Monero is a cryptocurrency that emphasizes privacy and fungibility concerning all transactions on its blockchain network. It was created in April 2014 to make transactions private. Bitcoin, Ethereum, and other cryptocurrencies developed into the crypto space were easily traceable, and Monero was created to ensure complete financial privacy. Monero, in a nutshell Monero is a secured privacy coin. Its transactions are untraceable with the use of Ring signature's privacy features. It's highly secured by a solid decentralized cryptographic network making…

Five Books on Blockchain and Cryptocurrencies for Beginners

Blockchain and cryptocurrency form a technology that involves multiple streams of knowledge to function. Some of them, but are not limited to, include Economics, Network Theory, Cryptography, Distributed Computing, and Game Theory. It makes sense why people who are new to the field are easily discouraged from continuing learning. However, blockchain and cryptocurrency involve rigor and openness to learning new areas of knowledge. A new market has developed to help people understand the technology: the Market for Educators. Being as complex as…

Binance Cloud: The Launch of a New Product from Binance

Trading digital assets is a challenging experience, especially when you don't have the proper mechanism in place. That is why Binance has introduced the Binance Cloud to ensure smooth and comprehensive digital transactions at any level. The leading global blockchain ecosystem and cryptocurrency exchange company, Binance, has announced the launching of Binance Cloud. This innovation focuses on providing infrastructure solutions for partners and customers in launching digital assets liquidity, security, and exchanges leveraging Binance's industry-leading technology. The primary purpose of…

Best Ways to Ensure Long Term Crypto Storage

The HODL Gang There is no shortage of malpractices in the crypto market. Plus, the amassing greed, negligence of fundamentals, and other types of human errors all contribute to the constant loss of funds. For example, Fortune Magazine reported that about 4 million Bitcoins had been lost forever. This happened because many people who held bitcoin in their wallets either forgot their passwords or lost their backup phrases. HODL is what we in the market keep telling each other about…

What are Cryptocurrency Pumps and Dumps?

Pump and dump schemes are typical in the microcap stock market and are now making their way into the cryptocurrency industry. Although these schemes provide an excellent way of making a quick profit, they are risky. Unfortunately, new crypto investors don't know much about these schemes and often fall prey to the scams.  Trading in cryptos is risky; therefore, it helps to know what to avoid and how. This article will delve into the details of the cryptocurrency pump-and-dump schemes. What…

IOTA’s Coordicide 101: A Complete Guide on What You Should Know

The IOTA network has made giant strides toward real-world adoption in the three years of its existence. The project's developers used the Coordinator as a vital element in ensuring the funds' security. The Coordinator is a security mechanism that prevents double-spends and provides transaction finality. IOTA announced the launch of Coordicide in May 2019. This upgrade removes the network's centralized Coordinator. As stated in the press release, Coordicide aims to provide a new type of decentralized mechanism for securing data and…

Cardano’s Shelly Mainnet: What is it and How Does it Operate?

The long-awaited launch is finally here, and investors are now anticipating what this launch means and how it will shape the blockchain market. Cardano's testnet went live on December 15th, 2019, and within 24 hours of going live, Cardano holders had staked over 5 billion ADA coins worth roughly $195 million.  According to a Twitter report by the research and development company behind Cardano IOHK, over 120 staking pools went live within the first few minutes of operations. The tweet…

Five Tips to Trade in a Bear Market

Bear markets are brutal when they hit. Fortunately, they tend to be much shorter when compared to Bull Markets. But if investors are not well equipped strategically, a small drop will make them panic sell, which could wipe away all their savings. A Bear market is any market condition that shows a downtrend after considerable growth. Most investors consider the bear market an indicator of a failing market and industry. But to a seasoned investor, the bear market represents an…

How to Keep Your Identity Safe While Using Bitcoin

Bitcoin's rapid growth has indeed been something of great wonder. In recent times, the coin has gained increased usability, evidenced by increased transactions-nearly 270 000 transactions per day with an increased number of online merchants who offer the ability to pay using Bitcoin.  While Bitcoin's transactions have often been described as anonymous, the coin isn't entirely anonymous. Yes, Bitcoin transactions are recorded and made public but are linked only with an electronic address. This, therefore, means that whatever you purchase…

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