Cryptocurrencies

According to reports, Russian officials have been informed that they must get rid of their crypto-assets before April 1. This is part of the sweeping regulations introduced by the European country in its quest to reduce corruption. Government Officials Must Relinquish Crypto-Assets The directive was issued by the Russian Ministry of Labor in a letter dated December 16th and recently published on the Ministry’s website. According to the contents, government officials at federal and local levels are prohibited from owning…

A new report shows that crypto investors are, on average older than they were a few years ago. Could this be a sign of the growing adoption of cryptocurrencies globally? Older investors take to cryptocurrency There is a conception that cryptocurrency has more adoption among young people who are likely to be aware of the technology. This trend appears to be changing in recent years as Bitcoins gain mainstream popularity. A recent report on the adoption of cryptocurrencies published by…

Finding the best cryptocurrency exchanges for newbie traders can seem daunting. For a new user, it's hard to know where to begin. There are dozens of popular crypto exchanges at this time. Each exchange has its features, and many serve niche markets. Rather than wade through the masses until you find an exchange you like, some top platforms have earned a reputation as a wise starting point for newbie traders.  KuCoin KuCoin is a popular exchange that has been described…

Centralized exchanges are the most popular type of exchange in the market today. These exchanges differ from DEX (decentralized exchanges) because a centralized firm runs them. In most instances, centralized exchanges are custodial. You must load your funds onto the exchange's network wallet to trade your digital assets. Many investors prefer centralized exchanges over other options because they can be regulated and offer insurance services. Bitfinex Bitfinex has been a major contender in the market since December 2012. As one…

Representative Ted Budd (R-NC) has enacted a new law to create an agency to combat the use of cryptocurrencies in terrorism. The bill, H.R. 296, is co-sponsored by Representatives Warren Davidson (R-OH), Stephen Lynch (D-MA), Byron Donalds (R-FL), and Darren Soto (D-FL) and was introduced into jurisdictions following the establishment of the working group. The bill also seeks to provide rewards for information leading to convictions related to digital currency earthquakes. It will establish Fintech's leadership in innovation and financial…

Blockchain technology is never-ending to answer the old scaling issue, and Zilliqa may be the first project to solve it. Using sharding and a hybrid consensus mechanism, Zilliqa provides a secure network for high throughput DApps, eco-friendly dual mining, and non-custodial staking. Zilliqa is less than five years old, and it is evolving at a rapid pace. In this review, we analyze its performance so far as we dissect its functioning mechanisms. What Is Zilliqa? Zilliqa project is the first…

Digital currency trading is rapidly receiving significant attention from enthusiastic traders worldwide. Users regularly find unprecedented benefits that make cryptocurrency trading a practical investment strategy. A crypto trader dedicates their time to earn profits from alterations in the crypto market. Most work hard to learn trends within the markets to know the best time to buy or sell. Despite the risks underlying the art, some individuals take up crypto trading as a full-time job while others are part-time. The increased…

Pornhub Premium users will have to make payments in cryptocurrency, following a withdrawal from Visa and MasterCard. Could this open up cryptocurrencies to a wider audience? Pornhub Opens Up To Cryptocurrencies Amid Controversy A few days ago, news broke that payment processing giants MasterCard and Visa were suspending their payment options on Pornhub.  The decision followed a controversy that agitated the world of pornography. An article from the New York Times had revealed that Pornhub allowed the hosting of videos,…

Venezuela has increased measures to utilize cryptocurrency payments for cross border payments as it looks to reduce the effect of U.S sanctions. This renewed effort is driven by the new anti-social law introduced by Venezuelan President Nicolas Maduro in September. The anti-sanction law gives the executive power to authorize the creation and implementation of any financial mechanism. This has been put into effect with the South American nation paying allied countries like Iran and Turkey in Bitcoin. Maduro is also…