Sam Bankman-Fried and the FTX collapse has no doubt cast a very dark shadow over the whole crypto world. Other crypto entities are also tethering on the brink of collapse too, such as Genesis, perhaps. While many seems to be panicking, what can we learn from history about similar fiascos in other parts of the
In the digital age, new ways of spending and exchanging money are constantly emerging to suit different needs. New services like mobile payment systems and e-commerce platforms remove the need for cash or checks, as well as old-fashioned monetary exchanges between friends and family members. Instead, we can now send or receive payments digitally using
You’ve become familiar with the world of blockchain technology and cryptocurrencies, and now you want to invest. Choosing the right cryptocurrency exchange can be a difficult decision for first-time investors. It’s obvious: There are far too many exchanges out there, each with its own advantages and disadvantages. If you’re new to the world of cryptocurrencies,
Bitcoin miners are the heart of the Bitcoin network. Thanks to their efforts, new Bitcoins are released into circulation on a regular and predictable timetable. There will only ever be a total supply of only 21 million Bitcoins that can ever come into existence. This is because miners are making new Bitcoins at a rate
Since the invention of digital currency, there have been many variants of such currency. These variants are commonly known as “alternative” or “alt” coins, or simply as “coins” (as in “coin of another type”). Each one of these altcoins has its own unique properties and operates independently from other digital currencies. In this article, we
When the cryptocurrency craze reached a fever pitch in last year. Everyone and their dog wanted in on the action, and new digital currencies are springing up every day. There are now over 7100 listed on Coinmarketcap, with new entries breaking into the top 20 almost every week. This growing popularity has had a surprising
Did you know that a staggering one billion accounts have been compromised in the past few years alone? Even tech titans like Google and Yahoo have struggled to keep their users safe. The unfortunate reality is cyber criminals are getting sneakier and more resourceful with every new security measure that’s implemented online. The best way
There are several advantages to using smart contracts to transact cryptocurrency. Before we get into those, let’s first talk about the disadvantages of current cryptocurrency transaction methods. When we make financial transactions with banks or credit cards, they verify and process the payment. However, when we make cryptocurrency transactions, the network verifies and approves the
It’s no secret that the world of technology is booming with new ideas and innovations. The ability for businesses to launch their product to market at lightning speed has been made possible thanks to the internet. In addition to this, businesses can now raise money directly from potential customers – something known as an Initial
Crypto.icu