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What Is Cryptocurrency And How Does It Work? A 2022 Guide

It is the year 2022, and the cryptocurrency space is booming. Since bitcoin’s inception in 2009, the cryptocurrency space has come a long way. However, people arriving late to the party have little to no knowledge about cryptocurrency and its function.  This article will educate such persons about cryptocurrencies and how it works.  What Is…

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eBay Plans to Support Crypto Payments; Shows Interest in NFT Expansion

Taking pride in being one of the biggest portals for e-commerce trading, eBay Inc. is likely to venture into the multi-billion-dollar worth crypto industry as part of its expansion plans. The report released by media portal Reuters has given a blow to various speculations of e-Bay facilitating seamless support for cryptocurrency-based payments on its core…

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Colorado Citizens to Pay Taxes in Cryptocurrencies

With investors playing their biggest bets on cryptocurrency tokens, it seems that the sector in no time will become a mainstream channel for payments, trading, and everyday work. Seeing this popularity, governments have been taking strategic steps to integrate cryptocurrencies and blockchain technology within the core ecosystem. The latest news in this regard has come…

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A Complete List Of Stablecoins 2022

Ethereum and Bitcoin, which introduced crypto assets, caused profound levels of price volatility. Unlike fiat currencies, cryptocurrencies do not benefit from price stability mechanisms. Cryptocurrencies are based on very simplistic models, including fixed coin supply and predetermined block rewards.    There is often little scope for changing the total coin supply since it is predetermined…

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ERC Token Standards- The Ultimate List

If you are looking for information on what the ERC standards are and how they affect you, then you have come to the right place.    ERC is essentially an acronym for Ethereum Request for Comments. In general, ERCs are specifications for Ethereum applications, such as token standards, name registries, library formats, and package formats….

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Tokenizing Domains: Exploring The Future of NFT Domains

There’s much to be explored in the realm of NFTs. While current use cases primarily revolve around artwork and musical scores, there’s so much more than could be explored. NFT domains, in particular, is a market left untapped. Over the years, domain name investment has contributed significantly to the making of internet billionaires. Lasvegas.com, for…

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Coinbase Q4 Report Shows $2.2B Revenue Generated from Transaction Fees

Coinbase’s fourth-quarter financial report outperformed market expectations on Thursday, with the company posting $2.5 billion in net revenue for the quarter, outperforming analyst predictions by 27 percent.   According to FactSet, Coinbase’s revenue for the period was expected to be around $1.9 billion. Notably, the prominent cryptocurrency exchange more than quadrupled transaction income from Q3…

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DeFi Flash Loans: What Are They and How Can You Prevent Them?

Traditional banking requires a range of documentation, including a formal ID, proof of income, and reserves, in order to obtain a loan. In the event of a fast loan, none of this is important. As the name implies, such loans can be provided instantly, providing consumers quick access to money. Flash loans are unquestionably unique…

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Mexico Senate to Cast Vote on Making Bitcoin as Legal Tender

Following the strategic footsteps of El Salvador, the Mexican Senate is all set to decide the future of a highly-anticipated bill that would make Bitcoin a legal tender currency. In the latest development, Mexican senator, Indira Kempis of the State of Nuevo León, has revealed her plans of making Mexico a crypto-friendly state by presenting…

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Gemini Enters the Crypto Council for Innovation Group

Working as one of the largest cryptocurrency exchanges in the United States, Gemini Exchange has become a proud member of the Crypto Council for Innovation (CCI). On February 24, 2022, the CCI announced that starting this week, Gemini will be joining the list of crypto-friendly entities focused on encouraging lawmakers on drafting a strong regulatory…