Why did China crush the cryptocurrency business?
    27 Jun 2021
    301 Views

    In just one day, the Chinese authorities have essentially destroyed the country’s crypto business. It resulted in a massive drop in the cryptocurrency market and the hash rate collapse. The main question is what motives drive Beijing’s actions? On Monday, June 21, the People’s Bank of China (PBC, acts as the country’s central bank) issued…

    Сryptocurrencies fill the gaps in developing economies
    24 Jun 2021
    46 Views

    In Venezuela’s economy, disrupted by hyperinflation and United States sanctions, cryptocurrency is a way to provide services and a tool to send remittances, protect wages from inflation and help businesses manage cash flow, Al Jazeera reported. Cryptocurrency in Latin America has attracted attention again in June after El Salvador adopted Bitcoin as legal tender. Its…

    What are the chances of the UAE becoming a “free crypto world haven”?
    24 Jun 2021
    429 Views

    The United Arab Emirates is a country of unique business opportunities. Lenient taxes and a free trade zone allow for deriving maximum profits. However, only a couple of years ago the attitudes towards cryptocurrency projects here were conflicting. Now a lot is changing and the region is becoming more and more attractive for crypto companies….

    Venture capital funds make a $17 Billion record of crypto investments in 2021
    22 Jun 2021
    347 Views

    Venture Capital funds have already invested more than $ 17 billion in the cryptocurrency market in the first half of 2021, marking a new annual record since 2018. According to data provider PitchBook, that’s around the total amount raised in all previous years combined. Much of the funds out of crypto deals in 2021 came…

    CBDC: what happens, when you cross central banks and blockchain
    22 Jun 2021
    349 Views

    Central banks around the world are preparing to introduce their own digital currencies: blockchain-based, but under government control. At this point there are very few actually existing CBDCs in use, but among them is the digital yuan, which is already quite significant. There was an interesting story at the end of May, as multiple media…

    CEX vs. DEX: the former still “in the saddle”, the latter not far behind
    20 Jun 2021
    336 Views

    Centralized (CEX) and decentralized exchanges (DEX) are natural competitors in the cryptocurrency market. It’s somewhat surprising that from the very beginning quite centralized structures – crypto exchanges – have grown into real giants in what initially was (and by definition is) such a decentralized industry as the cryptocurrency. However, blockchain technologies are evolving, and so…