crypto.icu - your Ultimate Guide to the Cryptocurrency World

You are on page 2

Crypto ICO: What Are They and How Do They Work?

Crypto ICOs are one of the most talked about topics in recent months, since the rebound in digital assets prices. But what are these ICOs and what do they mean for the crypto space? In this article, we will explore what a cryptocurrency ICO is, how it works, and why it’s important. So what are

News

What If I Had Invested $1 in Bitcoin in 2011, How Much Would it be Worth Today?

What if you could get yourself into a time machine and go back to 2011 just to buy $1 dollar’s worth of Bitcoin. At today’s prices how much will your dollar be worth? Specifically we are going to choose the date exact day of January 1, 2011. You may want to be sitting down for

Bitcoin

Can You Use Crypto to Buy a Car?

Cryptocurrency is becoming an increasingly popular form of payment, and a few car manufacturers have started to accept it as a form of payment. Tesla, BMW and Toyota are amongst the first car manufacturers to accept cryptocurrency as payment. Tesla was the first of the three to accept Bitcoin as payment, with BMW and Toyota

Exchange

What is Crypto Exchange, Kraken’s 2023 Valuation?

If you are and active, or prospective crypto investor we have all learnt from SBF saga why it’s important to know how healthy an exchange is. Before putting your hard earned cash in please study the exchange first. Kraken is a leading cryptocurrency exchange that provides a secure platform for trading a variety of digital

News

Which Crypto Exchange is Right for Me?

So you’ve gotten acquainted with the world of cryptocurrencies and blockchain technology, and are now eager to invest. Great! There are plenty of ways to do so – ranging from straightforward to complex, but for many first-time investors, choosing the best crypto exchange can be an overwhelming experience. Let’s face it: There are too many

News

Crypto Exchanges for New Cryptocurrency Traders

Crypto exchanges are online platforms where users can buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and other altcoins. These platforms provide a secure environment for users to trade and exchange their cryptocurrencies with other users. Crypto exchanges offer a variety of order types, such as limit orders, market orders, and stop-limit orders, that

altcoins

The History and Creation of Litecoin

Litecoin is an open source, decentralized digital currency that was created in 2011 by Charlie Lee, a former Google employee. It was created as an alternative to Bitcoin and has many of the same features, but it is faster, cheaper to send, and more energy efficient. Why was Litecoin created? Litecoin was created with the

News

What is a 51% Attack in Cryptocurrency World?

We’ve learnt now that no system created by human beings is invulnerable, overtime weaknesses will be found and exploited – an example of this is a 51% attack in crypto. A 51% attack in cryptocurrency is when a malicious actor or group of actors control a majority of the computing power (hashrate) in a Proof-of-Work

headline

What is Proof-of-Work in Cryptocurrency?

Proof-of-Work (PoW) is a consensus algorithm used by many cryptocurrency networks to validate transactions on the blockchain. PoW is used to secure the network and prevent double-spending of digital assets by requiring miners to complete complex mathematical puzzles to create new blocks and add them to the blockchain. In return for their work, miners are

Crypto Wallets

The Scrypt Algorithm: Why It’s Useful in Cryptocurrency?

The Scrypt algorithm is an important cryptocurrency algorithm that is used in many different coins and applications. It is a memory-intensive algorithm that is designed to be resistant to custom hardware solutions that are built to increase mining power. This means that it is more secure than other algorithms, as it is not possible for

altcoins

The History of Altcoins Part 2

Cryptocurrency has been around for over 10 years, and one of the most interesting aspects of this technology is the emergence of altcoins. Since the first Bitcoin was created in 2009, hundreds of alternative cryptocurrencies have been created and are traded on exchanges around the world. But what is an altcoin, and how did it

News

Let’s Make Crypto Green Again

When digital digital currencies are fully adopted, not a single tree will be chopped down to issue them. But cryptocurrency mining is an energy-intensive process that requires a large amount of electricity to power the hardware used to solve the cryptographic puzzles that reward miners with digital currency. With the growing popularity of cryptocurrencies, it

Crypto Wallets

Should I Ditch Crypto Exchanges and Use a Private Wallet Instead?

With fall of the prominient crypto exchanges Celsius Network, Voyager Digital and FTX, you maybe wondering if is time to completely skip public storage and go private. That is a more valid question than every before, but like everything else in life there significant pros and cons to both storage methods. Crypto is not cash,

Crypto Wallets

What Are Proof of Reserves in the Cryptocurrency World?

In the wake of the FTX Sam Bankman-Fried fiasco, many questions surrounding the future of crypto have included the need for more stringent regulation. Many in the Crypto word have scoffed at heavy government involvement overseeing digital assets from the start. But with the massive proliferation of blockchain technology over just 5 years and the

Crypto Wallets

How Risky is Crypto Day Trading?

We are all familiar with the stories about stocks day traders, but do you know you can do the same thing with crypto? Cryptocurrency day trading is a high-risk activity with potentially enormous rewards and losses. With the growth of cryptocurrency markets, day trading has become increasingly popular, as traders seek to capitalize on short-term

Crypto Wallets

The Most Secure Wallets

Cryptocurrency wallets are an essential part of any crypto-trader’s life. They are the gateways to the digital world of cryptocurrencies, providing secure storage and easy access to your digital assets. Digital currencies are the future of secure payments online and offline and therefore security will only become an even greater priority as time goes by.

Bitcoin

Can I Still Mine Bitcoin in 2023 with a Small Budget?

The short answer to the question of whether it is still possible for the average person with a small budget to mine Bitcoin in 2023 is yes. However, the process is much more difficult than it was when Bitcoin first came on the scene in 2009. In the early days of Bitcoin, it was possible

News

Coffeezilla Breaks Down SBF Arrest and Charges in Plain English

Sam Bankman-Fried (SBF), the disgraced former FTX CEO has been arrested in Bahamas – he is being charged with wire fraud and conspiracy in U.S. The young CEO went on an ill-advised media tour professing his innocence. YouTuber Coffeezilla has made it his mission for years now exposing frauds of all kinds on his channel.

altcoins

A Nuclear Fusion Breakthrough Would Send Crypto to the Stars

Nuclear is always ten years away, according to the old joke of how difficult is to harness the power of the stars. Crypto as we are all familiar now, has an energy devouring problem. Mining of digital coins is a very energy hungry process. What is we could develop a near infinite supply of engery

Crypto Wallets

How to Secure Your Crypto Wallet

Cryptocurrency wallets are the most important tools used in the crypto space, allowing users to store, send and receive digital assets. Unfortunately, these wallets are vulnerable to theft, so it is important to take the necessary steps to secure them. In this article, we will discuss the various methods available for securing your crypto wallet.

Stablecoins

Can Crypto be Pegged to the Gold Standard?

The debate about whether cryptocurrency can be pegged to the gold standard has been ongoing for some time now, and it has proven to be a difficult question to answer. While the idea of pegging a digital currency to a physical asset may seem appealing, there are some major drawbacks to such a move. First,

Bitcoin

How Many Bitcoin Billionaires Are There?

Bitcoin, the decentralized digital currency, has been making headlines lately as its value continues to soar. But Bitcoin is more than just an investment; it’s also a new way of conducting transactions and doing business. This has led to the rise of professional Bitcoin mining operations, which often have access to large amounts of capital

News

Binance the Crypto Exchange to Rule Them All

The world of cryptocurrency is rapidly changing and Binance is one of the leading players in the industry. Founded in 2017, the company has grown to become one of the largest cryptocurrency exchanges in the world with a market cap of over 90 billion U.S in 2021. With over 100 different digital currency pairs available,

altcoins

Biggest Altcoin by Market Cap?

altcoin is any cryptocurrency other than Bitcoin. The term generally refers to any coin that is built on a different protocol than Bitcoin, such as Litecoin, Ethereum, or Monero. There are hundreds of altcoins in existence, and new ones are created every day. While some altcoins are simply clones of Bitcoin with minor changes, others

Bitcoin

Make Bitcoin Mining More Environmentally Friendly

Bitcoin mining is not as lucrative now but is still a popular way to make money for some, but it can come at a cost to the environment. The energy required to power the computers used in Bitcoin mining can create a large carbon footprint. To make this form of mining more environmentally friendly, there

Bitcoin

The Future of Crypto Will Brighter After FTX and Sam Bank-Fried is Long Gone

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

blockchain

The Future of Digital Payments in the Crypto Age

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

Stablecoins

So, What’s a Crypto Exchange?

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

What is the Total Number of Bitcoins That Will Ever Be Mined?

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

altcoins

The History of Altcoins: Everything You Need to Know

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

News

Cheap Crypto Mining That is Also Environmentally Friendlier?

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