What is a Private Key in Cryptocurrency?

There is nothing as sensitive for a cryptocurrency owner as the wallet and access codes, popularly known as keys. To understand how critical access keys are in cryptocurrency, you can relate it with a bank card PIN. You know within the normal context of fiat money, someone with a your bank card can walk into … Read more

Too many Cryptocurrencies already? Let’s probe it

The first cryptocurrency, bitcoin landed with a big bang and caused mixed reactions. With people used to physical money, the entrance of virtual currency was rather a shocker on one hand and a learning experience on the other. At least several years later, we now have learned important concepts related to cryptocurrency including but not … Read more

Know more about an Orphan Block in Blockchain

Cryptocurrency as an entire niche will mesmerize you with the terminologies around it. As a field that continues to develop, it’s often possible to meet new concepts and terminologies that derive from everyday words or phrases but  bear great meaning to crypto enthusiasts. Maybe you have already come across terms such as cryptocurrency forging, bitcoin … Read more

Airdrops in Cryptocurrency

In cryptocurrency, airdrops are marketing stunts involving sending tokens and coins to the wallet addresses to promote new virtual currency awareness. Small amounts of the new virtual currency are sent to the active member’s wall. These members are the people in the blockchain community and the amounts are usually sent for free or even for … Read more

Chilling as Hackers stole $320 million in Cryptocurrencies from Wormhole DeFi Project

Cryptocurrencies keep growing both in number and acceptance globally. New countries continue to join the fray of recognising cryptocurrencies  just the same way more retailers now recognise cryptocurrency payments. Amidst this progress which could be a real inspiration for crypto enthusiasts is the question of crypto hacking and scammers. They come in different forms and shape … Read more

All about Launchpool in Binance

As is already publicly known, cryptocurrency exchanges play a critical role in enabling investors and trader access the coveted virtual currencies. Whether it is for swapping crypto or making fresh purchases, crypto exchanges are indispensable, at least at the moment. Binance is one of the most popular exchanges today that any investor will somehow interact … Read more

Decentralized Finance (DeFi) Projects

When bitcoin entered the currency space in 2009, so many were caught unawares about how exactly a virtual currency would affect the fiat currency dominance. Fast forward, cryptocurrencies have proliferated and today so many altcoins have emerged alongside the pioneer, bitcoin. At the core of the blockchain technology which anchors cryptocurrencies was a decentralization of … Read more

Colored Coins and the Way they Work

Cryptocurrencies continue growing and new terminologies keep emerging to enrich the wider field of virtual currencies. Notably, some terms have also been with us for a while but re only coming to know them now that cryptocurrencies are fast becoming a household name. One such name is colored coins. The term colored coins may evoke … Read more

Soft Fork in Cryptocurrency

Cryptocurrencies squarely rely on two important technologies which include cryptography and blockchain. Put simply, it is these two technologies that have anchored cryptos and made them the talk of town they are today. Alongside these technologies is cryptocurrency mining and nodes. By now, you must be adequately aware that cryptocurrency mining is the process through … Read more

US Internal Revenue Service (IRS), a model for Cryptocurrency Taxation

Cryptocurrency emergence has been taunted by proponents as futuristic and a possible cause of change in how the financial systems operate. On the other hand, skeptics view it as an avenue for fraudsters and something that must be shunned. Whichever side you choose to identify with, the reality is that cryptocurrency in their various forms … Read more