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Zuckerberg’s Cryptocurrency Venture to Unravel
February 27, 2022
The Diem Association (formerly Libra), oversees Zuckerberg’s high-profile project on a new stablecoin venture that was set out to grow Facebook into Meta. The venture ‘failed fast’ as it took the company less than three years to close the project off. Diem’s innovative goal was to create an interconnection between users of the world to […]
Stronger Correlation Between Cryptocurrency and Stock Prices
February 20, 2022
The emergence of digital assets like cryptocurrencies has certainly shaken the world’s financial system. The market value of these assets rose from $620 billion in 2017 to $3 trillion nearing the end of 2021. Amid soaring popularity and adoption of crypto assets, analysts have concluded increasingly greater correlations between crypto assets with traditional holdings like […]
Digital Asset Payments To Become A Standard
February 13, 2022
The widespread adoption of cryptocurrency has shaped various segments of the financial markets. From revolutionizing the speed of cross border payments, to transparent blockchain technology, digital assets are moving fast in today’s modern age. The journey to mass adoption is still considerably long, but positive encouragement from cryptocurrency enthusiasts have enabled the rise of such […]
Following the immense popularity of Metaverse, the term ‘Web 3.0’ is being promoted as the next generation of mainstream. At a glance, the concept of Web3 trumpets decentralized technologies and the next phase of the Internet. Web 1.0 was the era of decentralized, open protocols whereby users navigate through individually static web pages. Web 2.0, […]
10 Terms Cryptocurrency Advocates Use On The Daily
January 30, 2022
Here are the 10 terms you should know. Blockchain Like traditional accounting, every cryptocurrency transaction is processed, verified and recorded on a ledger known as a blockchain. Each transaction recorded on the blockchain is timestamped, individually encrypted and cannot be reversed or changed. Blockchains are decentralised, meaning that they exist on computers all over the […]