What cryptocurrencies are doing to the investment industry you could almost call mockery. This new asset class shows returns on investment many times superior to any traditional assets. Thirteen years ago, Bitcoin was created as a completely independent form of money, i.e., a means of payment. However, over time, it suffered the same fate as…
The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable, as predicts Artem Tolkachev on Cointelegraph. Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has…
Venmo, PayPal, and Cash App have added cryptocurrency purchasing to their popular payment services, expanding the reach of Bitcoin, Ether, and other digital coins to investors who may be daunted by intricate exchanges and a multitude of digital wallets. However, that convenience comes at a cost that can eat away at returns. Payment apps are…
Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…
One of the key financial departments in the United States might get a left-leaning executive with a very negative attitude towards cryptocurrencies ready to protect fiat money and public finance. I would call this the most important news for the world economy over the past months. We are talking about the potential appointment of Saule…
In August 2020, an investor bought about $8,000 worth of Shiba Inu, a crypto wallet shows. Today, just over a year later, his coins worth is $ 5.7 billion, up more than 70,000,000%. However, it’s feared that the wallet is now inactive. A wallet containing 70,200,003,182,169 (70 trillion) Shiba has netted the collector a truly…