Social network on the blockchain: the quintessence of Web 3.0
09 Apr 2022
540 Views

Up until just now, every popular social network was centralized, with its own administration, central servers, etc. But as Web 3.0 emerges, so do decentralized blockchain-based social media. The founder of SpaceX, Tesla CEO, and Starlink creator, Elon Musk, was recently asked whether he would consider creating a new open-source social network that prioritized freedom…

Europe Establishes Cryptocurrency Framework. Part 2: Great Britain
07 Apr 2022
426 Views

We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…

Global crypto study: One-third of Emiratis own cryptocurrency
06 Apr 2022
445 Views

According to the new Gemini study, one-third of Emiratis and Israelis own crypto. Meanwhile, globally crypto ownership is the highest in Brazil and Indonesia. Also, nearly 40% of global respondents first bought cryptocurrency last year. New York-based crypto exchange Gemini published the “Global state of crypto” report following what it said was a pivotal year…

Europe Establishes Cryptocurrency Framework. Part 1: The European Union
05 Apr 2022
546 Views

We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…

How effective is Bitcoin as a hedge against inflation?
04 Apr 2022
441 Views

How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…

Cryptocurrencies VS Economic Sanctions: Round One. Part 2
03 Apr 2022
463 Views

Over the past few years, I have heard about various countries across the world planning to use cryptocurrencies to circumvent economic sanctions. In most cases, it remained just an idea or turned into a farce, like with Venezuela and its Petro token. However, now we are seeing an entire country trying to salvage its economy…