Tag

Bitcoins

What are Bitcoin and Other Cryptocurrencies Backed By?

Bitcoin was created back in 2009 and became the first cryptocurrency ever designed. Cryptocurrencies have become increasingly popular in the last few years as they offer an efficient and decentralized way of transferring money.  Cryptocurrencies have always been an alternative… Continue Reading →

How to Start Trading Cryptocurrency on Exchanges

To understand the cryptocurrency industry, you should know what exchanges are. They play a dominant role in the industry as this is the place where one currency is exchanged for another. Millions of users across the globe exchange their currencies… Continue Reading →

What is Scam?

When you start investing in crypto, you may either get returns impossible to acquire within the realm of traditional investments or be fooled easily and lose everything at once. Be careful, the risks are high – and we are not… Continue Reading →

What is a Hard Fork?

Blockchain technology was created over a decade ago in a search for a way of reaching consensus without having to deal with any central organs. The creator of Bitcoin thought of several rules and regulatory means within the original Bitcoin… Continue Reading →

What Can You Do with Cryptocurrencies?

The first Bitcoin transaction took place over 10 years ago. Between now and then, a significant amount of people have made a vast amount of money, others have seen their hopes and dreams shattered by the market conditions. A disastrous… Continue Reading →

Why Do 51% Attacks Happen and What Are They?

Before we dive into this topic, one should understand the basics of Blockchain technology. A well-distributed blockchain consists of thousands of different nodes that individually support the network’s decentralization and security. These nodes are by itself supported by miners who… Continue Reading →

What are Tokens?

A token is a unit of value issued by a tech or crypto start-up, intended to be a  part of the ecosystem of their technology platform or project. Tokens are supported by blockchains. They only physically exist in the form… Continue Reading →

The Biggest Cryptocurrency Thefts in the Last 10 Years

In this article, we will try to remember all the major theft of cryptocurrencies over the past 10 years. 1. Bitstamp $5.3 mln (BTC), January 4th, 2015 On January 4, 2015, the operational hot wallet of Bitstamp announced that it was… Continue Reading →

Exchanges and Exchangers

There are several ways to swap digital currency in the cryptocurrency market. The choice is between the exchanges or swap services (exchangers), both of them offer a wide range of digital currencies, a lot of altcoins at an affordable cost…. Continue Reading →

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