“Compound interest is the eighth wonder of the world. He who understands it, earns it……he who doesn’t……pays it”–Albert Einstein
The fervent rise of cryptocurrency and blockchain technology over the past decade has gotten a lot of attention from those seeking opportunity; everybody wants a piece of the pie. However, amidst the global stampede for lucrative earnings, an abundance of scams are birthed every week. It’s hard to find a cryptocurrency or blockchain to invest in; they all seem to tell you exactly what you want to hear. In this digital economy, true decentralization and transparency are seldom…
…perhaps, until now.
Meet NUI Social
Continue reading “NUI Review: Pre-Launch Blockchain Matrix Opportunity or Scam?”
In 2015, Bitstamp, a popular crypto exchange encountered a hack and incurred losses upwards of 19,000 BTC, a crypto-equivalent of USD 1 million! In 2016, another crypto exchange, Bitfinex, widely known for its multi-signature technology, suffered a hack which resulted in losses close to 120,000 BTC. More recently, CoinSecure exchange experienced a similar attack wherein the perpetrators managed to steal 438 BTC from the customer’s exchange-aligned wallets.
Do you know what is common between all these instances?
They all occurred on Centralized Exchanges (CEXs), an entity similar to a bank which serves as an intermediary for transactions, maintaining crypto balances and facilitating transfers through its one central unit.
While there’s a lot that deserves credit and applauding when speaking about CEXs, rampant instances of security breach have caused crypto traders to demand better of the ecosystem. More and more crypto transactors are flocking to the simpler ways of the decentralized exchanges (DEXs), even if it’s for small trades, for the sake of secure transactions, enhanced trust and a pure play peer-to-peer ecosystem where there’s very little room for failure as well as monetary loss.
Continue reading “5 Reasons Why Decentralized Exchanges are the Future of Crypto Trading”
Blockchain is not just another boring technology like, say, air-conditioning or electricity – depending on whether you live in south Florida or the eternal semi-darkness of Siberia, of course.
This new way of securing transactions through the miracle of a distributed database is actually poised to leap beyond the realm of cryptocurrency and make a dent in the day-to-day lives of Joe and Jane Average. Don’t believe us? Take a gander at the following 10 blockchain use cases you’ll likely encounter over the next decade.
Continue reading “10 Insights into the Future of Blockchain Use Cases”
On March 21, Tether issued another 300 million USDT. What’s the big deal, you may ask? If you want a stablecoin, Tether’s value tends to hover around $1, making it useful for moving money between exchanges without touching the banks.
In fact, that’s what a lot of traders do. However, the value of Tether becomes a concern when you consider the fact that Tether is very vulnerable to investigations, has ties to Bitfinex that may be a little too close to comfort, and may not survive an effective bank run in which several large bagholders attempt to exchange their USDT for fiat all at once.
Continue reading “The Close Ties Between Tether and Bitfinex: Should You Be Concerned?”
Blocklancer claims to be an upcoming freelancing platform that works with Ethereum. Its status bars indicate that it is nearing completion and it has this cool new thing called the Token Holder Tribunal, in which the people who hold tokens are also the ones who settle disputes. Is it worth investing in? It could be, if it can get past the natural hurdles of impatient investors and a highly competitive space.
Continue reading “Blocklancer Review: Worth A Closer Look?”
Cryptocurrencies are invading the investor’s market with its secure transaction and business profitability. There are many investors who have made a fortune by investing in the right cryptocurrencies. They were able to generate profit by buying and selling cryptocurrencies at the right time when the price is right. Hence it is a great gift to comprehend the market status so that you can understand when to invest and sell the cryptocurrencies.
Continue reading “Top 10 Cryptocurrencies in the Market Based On Their Market Capital”
Cryptocurrencies stepped into the world as a means to move away from conventional ways of doing business. Not that having the intricate financial system carry out transactions was a bad thing. It was just rather slow, and a more reliable way to do business across borders was necessary. Of course, things haven’t changed much ever since. The financial system is still very much intact, and crypto assets, while popular, are still scrambling for purchase.
How likely is it, though, to see crypto money replace our well-established ways of doing business? The answer lies in asking ourselves what we understand about cryptocurrencies.
Continue reading “Is Cryptocurrency the Future of Online Trade?”
The year 2018 is almost halfway done and in that time it has brought a significant growth in the market of cryptocurrency. The market growth has been beneficial for many investors who invested in many prominent cryptocurrencies. But the growth of cryptocurrency market was short-lived and since May 2018, the market dropped nearly 18% and has been quivering since last week. The cryptocurrencies that were stable during this market fluctuation were Bitcoin and Ethereum.
Continue reading “Why Investing In Bitcoin And Ethereum Are Beneficial At This Time?”
Cannabis finally saw recreational legalization in 2014, with Colorado leading the charge. Since then, we’ve had nine more U.S. states follow, not to mention the 29 states that have legalized medicinal usage.
Continue reading “Crypto and Cannabis – A Match Made in Hemp Heaven”
White label products have long been a mainstay in the business world. White label solutions enable companies to use the technology and services of another company for offering services, under their own brand name, to their clients without having to invest in creating the technology and infrastructure themselves.
Continue reading “White Label Cryptocurrency Exchange as a Service”