Cryptocurrency

Crypto exchange FTX has added tennis champion Naomi Osaka to its growing list of ambassadors from the sports and entertainment sector. Welcoming Women into the Crypto Space The exchange shared news of this in a release on Monday, March 21st. According to the statement, the deal represents the start of an extended collaboration between the platform and the athlete. Naomi Osaka, also known for her activism off the court, will help bring women aboard the digital sphere. Of late, the…

As the world learns more and more about cryptocurrencies, many non-technical investors frequently discover new notions. Today, we will spend some time on the concept of “nonce,” a famous idea among IT experts. Our article simplifies the notion for non-technical readers, focusing on the importance of the nonce mechanism in cryptocurrencies. A Concept Born Before Cryptocurrencies A nonce is a random or semi-random number that cryptographers have known and used for decades. The term “nonce” means "number used once," a…

Cyclically, inflation has become a hot topic in different economies. After years of near-zero (or even negative) inflation rate, the world is entering a new inflationary phase. Consequently, investors need to find ways to protect their portfolios during such periods. Our article will briefly explain how inflation can damage investment portfolios, a fundamental premise to the rest of the analysis. Going on, we will try to assess the power of cryptocurrencies to hedge inflation. How Inflation Puts Investments at Risk…

US President Joe Biden will soon sign an executive order on cryptocurrency regulation and oversight that’s been in the works since last year. Sorting Out Responsibilities Sources involved in the order’s deliberations – who opted to remain anonymous – offered details on the order to Bloomberg. As reported in October, it will direct federal agencies to examine the “national security” and “economic “impact” of cryptocurrencies. Later in the year, those agencies will have to report their findings. The order should…

Spanish sporting giant, Barcelona FC, has disclosed plans to create its own cryptocurrency. Markedly, Barcelona’s crypto-positive decision comes at a time when it struggles with financial stability. The club’s leaders have also suggested crypto could help the club compete financially with other clubs which are equipped with better TV rights deals, revenue, or investment. Barcelona’s president Joan Laporta first announced the club’s crypto ambitions a few days ago during the recent Mobile World Congress. Laporta noted that the club would…

Venezuelan President Nicolas Maduro suggested the creation of a national cryptocurrency in 2017. Officials claim that the country's oil, gas, and mineral riches back its value. However, today, Petro seems to fail fulfilling its purpose of rescuing the national economy. Some foreign observers believe the Petro digital currency is a trick to circumvent international restrictions. These sanctions prevent Venezuela from borrowing cash on global markets. This article will provide an analysis of the creation of this national cryptocurrency. Furthermore, we…

The robber caused a stir when it started a hostage situation in an Amsterdam-based Apple store, before demanding more than 200 million euros in crypto.  Robber Takes Hostage, Demands Crypto Ransom An armed man, dressed in camouflage, reportedly took over an Apple store in Leidseplein and held one person at gunpoint. The armed man afterward gave an ultimatum of 200 million euros to be paid in crypto or the hostage's life. The suspect, only later identified by a local newspaper…

It has been a few years since the topic of blockchain technology invaded the market for the first time. Today, people are gradually learning to see a blockchain and a cryptocurrency as two distinct concepts. The technological and financial culture is growing, and, as a result, the industry is attracting more developers and users. Among the many consequences of this trend, we find the appearance of new tools. Today we will talk about one of the many new applications of…

The cryptocurrency world continues to see new developer ideas enter the market. Today, we will simplify a technical aspect: Hyperledger Fabric technology. Any reader interested in learning about the most complex aspects of the topic can refer to the official documentation. This article will analyze this system's main elements, highlighting important criticisms in the sector. Understanding Hyperledger Fabric Let's start, first of all, by understanding the origin of the instrument name: Hyperledger is an open-source distributed ledger system. A group…