One of the aspects of the switch to PoS that flew under the public radar is that Ethereum 2.0 can be interpreted as security. The simple Howie test shows that now validators do not need to use their work (mining with their…
A recent story about Iran implementing policies to adopt cryptocurrencies and use digital assets to pay for some imports in an effort to counteract western sanctions made many believe that this trend could continue across the globe. Since the beginning of the…
The US government is notably behind many other countries in terms of crypto adoption. While many other nations including Germany, Australia, Norway, and other developed economies make notable advancements in regulating, adopting, or implementing crypto, the US seems to be very slow…
A recent study that was propped by CoinGecko focused on analyzing the concentration of Bitcoin and Ethereum traffic in various states of the United States and revealed an interesting dynamic in the crypto industry. It seems that the vast majority of crypto…
Since Bitcoin introduction, cryptocurrency has become a hype globally. Bitcoin and Ethereum are the two top cryptocurrencies in which you can invest. It has become a popular option for people for investments. It accumulates around 300 million users from almost 150 countries….
Cryptocurrency is a virtual currency that has no physical form and is not backed up by any government. It is just a piece of Computer Code that does not depend on banks to authenticate its transactions. This dispersed structure allows cryptocurrencies to…
According to various local media outlets, Indian authorities will determine whether the legalize cryptos soon. It will decide once it completes its consultation with other authorities. India is consulting with two authorities (the world bank and the IMF) over the matter. Not…
Bank of America’s Chief Executive Officer (CEO), Brian Moynihan, has come out with a stunning disclosure. Brian stated that the bank has no plans to provide cryptocurrencies to its customers. At the World Economic Forum (WEF) 2022, Brian Moynihan revealed this while…
Creating a regulatory framework has been the main topic of discussion amongst regulators globally. The nascency and volatility of the sector have prompted various entities to form local laws to mitigate the risks of transacting in virtual currencies. However, local laws can…
The United States Senate is reportedly moving to enact a bill that will suspend China’s digitized money payments. The bill will prevent software giants, such as Google and Apple from launching applications that support e-Yuan. The bill, sponsored by Senator Mike Braun,…
