fiat currencies

Facebook Libra vs Bitcoin

Libra is created by Facebook and has the backing of numerous large corporations. In contrast, Bitcoin was created by an anonymous person or group going by the name Satoshi Nakamoto. They are both based on Blockchain technology. Facebook Libra vs Bitcoin: Trust Bitcoin is a virtual currency that does not involve any third parties. You […]

Binance Adds Support for Russian Rubles

Binance crypto exchange’s P2P trading platform has introduced Russian rubles (RUB), giving its users the opportunity to buy Binance Coin, Tether, Ethereum and Bitcoin with the Russian Rubles, an announcement has noted. At the moment, Binance has launched support for several fiat currencies, pegging them with several other cryptocurrencies. Users of the P2P platform can […]

Bitfoliex -Project to keep in mind in 2020

It started as a virtual cryptocurrency wallet. Now, they are developing several projects and alliances to become a complete online financial platform combining fiat money with cryptocurrencies. Although it is a new project (launched at the end of 2018), Bitfoliex has had exponential growth and a wide range of acceptance among users and new members […]

Binance Adds Support For Norwegian Kroner (NOK) and Croatia Kuna (HRK) Fiat Currencies

Serving the global crypto arena with its revolutionary offerings and world-class services, Binance cryptocurrency exchange is all set to facilitate new fiat gateways in its network. According to the latest announcement made by the Binance, customers will now be able to enjoy trades using Norwegian Kroner (NOK) and Croatia Kuna (HRK). By lending support to […]

China’s digital currency could threaten dollar’s dominance

Since bitcoin was launched in 2008, the first crypto asset with its own unit of account based on blockchain technology, more than 3,000 crypto assets with a diverse range of features have entered the digital currency market. Yet regulatory authorities around the world have thus far largely indicated they are not threatened by crypto asset […]

What is Bitcoin Halving?

The first thing that needs defining is what Bitcoin halving really is? Bitcoin halving is when rewards given to miners for securing the network are cut down by 50%. Halving happens every 210,000 blocks (approximately every 4 years). Currently, a reward for solving a Bitcoin block (every 10 minutes) is 12,5 BTC. After the next […]

Why Governments Are Afraid of Bitcoin

Bitcoin claims that “It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” That lack of central authority is the primary reason governments are afraid of the cryptocurrency. To understand this fear, it is important to know a little bit about governments and conventional currencies. […]

WHAT IS ERC20 AND HOW DOES IT AFFECT TOKENS?

If you are into ICOs and follow the latest trend regarding this popular way of crowdfunding, you have probably seen the term ERC20 many times. Usually, ICOs claim that their tokens are ERC20 compatible which somehow makes them more legit. So what does ERC20 mean? How does it affect new tokens? Ethereum as a Game-changer […]

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