The “Big Chinese Offensive” on cryptocurrencies has led to a colossal outflow of crypto holders’ funds to decentralized crypto exchanges and DeFi projects, as well as over-the-counter platforms. Now centralized cryptocurrency exchanges are looking for a fitting answer to this challenge. Centralized cryptocurrency exchanges (CEX), having felt a threat to their market dominance, are rapidly…
Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…
Bitcoin’s major upgrade, known as Taproot, has activated this weekend to improve the blockchain‘s functionality. It’s the first major upgrade since 2017. Developers are now able to add new features to improve privacy, scalability, and security on the Bitcoin blockchain. As Forbes reported, the long-awaited Bitcoin upgrade was deployed Sunday morning and will unlock the…
Breaking crypto news from the last week (Nov. 6 – 12, 2021): 06 Nov.: Mythical Games, a blockchain-based gaming company, has raised $150 million in a Series C round led by Andreessen Horowitz (A16z) at a $1.25 billion valuation. The firm will use the funds to expand its team, scale operations, and bring new game…
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…
Slow invoicing processes causing cash flow problems are concerning businesses. To resolve these delays, Creative Zone, the large business-advisory company in the UAE that has served over 45,000 entrepreneurs, chose crypto invoicing through TripleA, realizing the benefits of the decentralized currency. TripleA’s crypto invoicing tool bridges the gap between companies who accept crypto and customers…
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