The news that the value of Bitcoin jumped to a new record level of all time and reached the figure of more than 40,000 dollars for the average Internet user was probably not overly exciting. However, for those who have already “dug up” their coins, the price of cryptocurrency, which has reached its historical maximum,
We already wrote about some of the biggest hacks in the industry. Unfortunately, the new DeFi protocols aren’t immune to hacks either. On Monday 28th of December, a new hack have happened, essentially exploiting the system vulnerability, printing nearly infinite amount of COVER Protocol tokens and selling them for around 5 million dollars. While there
To what extent does the entry of large companies into the crypto market affect the growth of cryptocurrencies? Bitcoin cryptocurrency continues to grow. Over the past week alone, the value of the digital currency has risen from below $20,000 for one Bitcoin to about $24,000 for one Bitcoin, an increase of about 20 percent. Whether
BACKGROUND Blockchain usage and applications increased exponentially in recent years and experts are also calling it to be the 4th industrial revolution. That’s pretty great! Right? But that’s not coming this easy. With more and more users and service providers there come more and more black sheeps, trying to sabotage the network for their own
One of the main causes of cryptocurrency instability is frequent hacker thefts, which are estimated at hundreds of millions of dollars. Here are some of the most spectacular. With the growth of Bitcoin and other cryptocurrencies, hacker intrusions into online exchange offices have become more frequent. No wonder since the cluster directory shows there are
A cryptocurrency is a digital or virtual currency designed to function as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. In essence, cryptocurrencies are limited entries in a database that no one can change unless certain conditions
If Amazon accepted Bitcoin as payment, how many would use it? Online shopping has become a real thing. Perhaps more convenient than physical stores. Customers buy from home with comfort, and the seller can reach more people. They’re constantly trading with virtual money. We know it’s not as real as cash, but we still use
We know Bitcoin as the first crypto-coin ever invented. We’ve heard stories of rags-to-riches and market bubbles. In their way, cryptocurrencies are an attractive area for new investors. You hear it on the news every day. But no matter what they say, the best way to learn the market is to participate. How you invest
