In recent years, cryptocurrency has emerged as a revolutionary and often-discussed form of digital currency. Despite its growing popularity, many find the concept intimidating and complex. Let’s delve into the world of cryptocurrency, demystifying its fundamentals, exploring its significance, and providing a beginner’s guide to navigating this digital financial landscape. What is Cryptocurrency? Defining Cryptocurrency…
Where money is concerned, scams always follow. And the same is true with cryptocurrency. In February 2022, cryptocurrency exchange platform Wormhole lost $320 million after a cyber attack. In addition to this attack, cryptocurrency scammers have stolen more than $1 billion since 2021, according to a report by the Federal Trade Commission. Digital currency is…
NFTs are also known as non-fungible tokens and are a buzzword these days. They are the hype in the cryptocurrency industry and are a niche market in the blockchain industry. However, other than the term NFT here, what else do we know about this trend in the crypto world. Many people are buying crypto-currencies and…
Cryptocurrencies are experiencing strong growth. The total market capitalization of these alternative currencies has grown from $50 million in 2013 to over $100 billion in 2017. Enticed by rising prices, some investors see an opportunity to grow some of their savings. But how well do you know the mysterious world of digital currencies? Here are…
Thanks for sticking with us as we explore the current popularity of NFTs and what kind of investment opportunities they offer to the savvy. In part 1, we covered the basics, and in this article, we’ll be going over the important stuff. Starting with: What Are NFTs Used For? Blockchain technology and NFTs afford artists…
Non-fungible tokens (NFTs) seem to have exploded out of the ether this year. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop, like the…
NFTs are also known as non-fungible tokens and are a buzzword nowadays. They are the hype in the cryptocurrency industry and are a niche market in the blockchain industry. However, apart from here the term NFT, what else do we know about this trend in the crypto world. A lot of people are buying cryptocurrencies…