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Tag: Cryptocurrencies

The biggest hack in DeFi history

The biggest hack in DeFi history

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This week, hackers stole about $600 million worth of cryptocurrency from a Decentralized Finances (DeFi) network that specialized in enabling users to move digital assets linked to one blockchain to another. PolyNetwork, a multi-chain interoperability technology, is at the heart of one of the largest hacking attacks in history. PolyNetwork connects several of the world’s leading digital ledgers and blockchains, but it revealed on...

Cryptocurrencies, DeFi, Featured, Main, News

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Swiss-company “bitcci” building a global blockchain ecosystem for the escort industry

Swiss-company “bitcci” building a global blockchain ecosystem for the escort industry

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The global sex market has grown significantly in the past decade. The Covid-19 pandemic witnessed more people purchasing and soliticing for sexual services online. Despite the growth there are many challenges in the industry that have led to problems of transparency and trust.  Switzerland blockchain company, bitcci is looking to build an ecosystem of nightclubs, portals, apps, cloud services and blockchain-based payment...

Cryptocurrencies

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What are Cryptocurrency and Tips for Beginners

What are Cryptocurrency and Tips for Beginners

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Cryptocurrency is simply a type of currency only in a computerized format. It is a digital asset formulated to operate as an exchange medium wherein transactions are stored on a decentralized ledger called ‘blockchain.’ It is a modern way of conducting business and has many merits. It eradicates the requirement for a governing body. Transactions are done on a P2P (peer-to-peer) network without the need for intermediaries.  ...

Blockchain, Cryptocurrencies, Exchanges

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Elon Musk, Jack Dorsey, and Cathie Wood discussed the future of Bitcoin at The B Word conference

Elon Musk, Jack Dorsey, and Cathie Wood discussed the future of Bitcoin at “The B Word” conference

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Yesterday, Elon Musk, CEO of Tesla and SpaceX, Ark Investment CEO Cathie Wood, and Twitter and Square founder/CEO Jack Dorsey talked about the present status of Bitcoin and some of the most urgent problems surrounding its operation. According to Wood, the most unexpected feature of digital money was its disruption of the current economy. Its function as a payment system, she added, was one of the most appealing features, which Musk backed...

Bitcoin, Cryptocurrencies, Featured, Main

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The next mayor of New York could have laser eyes

The next mayor of New York could have laser eyes

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New York City Democratic mayoral front runner Eric Adams said he would turn the city into a bitcoin hub within a year, rivaling Miami for the position as the epicenter of the US crypto community.  The price of bitcoin has steadied on Friday, following a tumultuous week that took it to new lows for 2021.  Crypto analysts remain divided over the short and medium-term direction of the market, though major investors like...

Bitcoin, Cryptocurrencies, Featured, Main, News

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