Instant messaging app Telegram wowed the cryptoeconomy in early 2018 when its team raised nearly $2 billion USD for the Telegram Open Network (TON) blockchain upon the firm’s Gram token sale. Yet that token offering has now turned out to be a major strategic mistake.Indeed, in the wake of the Gram token sale, Telegram faced…
Ethereum is used as money far more often than Bitcoin, at least according to one new analysis of on-chain data. Key Takeaways Analyzing the top 10,000 ETH addresses shows that Ethereum has significant transaction volume, compared to that of Bitcoin. 16% of the Ether in circulation has been actively used in the past 90 days,…
For many, the first interaction with blockchain technology is an investment in cryptocurrency. While that may be the first use case, it’s far from the only one; blockchain technology is starting moving away from solely powering cryptocurrencies towards much wider use. Blockchain has the potential to one day underpin all the technology we use in…
ExpertOption is an online trading platform which allows you to trade a range of financial instruments in a well-designed and easy to use interface. You can trade via their website or by downloading one of their apps.The platform began providing services in 2014 and executes more than 30 million deals every month. So far, more…
The Swiss University of Basel has awarded Vitalik Buterin with an honorary doctorate for his contributions to and innovations in the blockchain technology ecosystem. Buterin, who was born in Russia before moving with his family to Toronto, was in a Canadian school’s gifted class by grade three. Much later, after a year of studying computer…
Bitcoin’s hashrate has fallen since its May 11 halving, but long-term the network remains healthy. Key Takeaways Bitcoin’s hashrate fell by 30% between May 9 and May 12 because of the halving. Mining remains profitable for miners with efficient machines despite the drop in total hashrate. The network is behaving the way it did in…
Despite the reversal by the Supreme Court on the ban placed against crypto exchanges by the Reserve Bank India (RBI), local Bitcoin exchanges are still facing difficulties in receiving services from financial institutions. Market participants are now calling on the RBI to offer up much-needed clarity on their regulatory status and tax obligations.Banks Still Shun…
The cryptocurrency market is the fastest growing economy in the world today, but it has failed to gain its success and popularity unlike the other traditional financial institutions like Forex. Cryptocurrency is a fairly new concept and over the years it has attracted many investors. Some of them, however, are a novice and new to…
While eToro is a key player in the world of CFDs and cryptocurrency trading, the company also offers a lot more than this now. They have led the fintech revolution for over a decade and built up a reputation as the leading social trading platform in the world.The company began as a general trading platform…
Blockchain is pitched as a technology to power the next iteration of the internet – the decentralized web, or web3. Defining centralization Before considering the decentralized internet, it’s important to understand how the internet is currently “centralized” and problems this creates. “Centralization” as the opposite to “decentralization” in today’s tech-speak refers to one or a…
