What is Solana? Solana is a scalable, stable, fast, decentralized blockchain that offers marketplaces and applications. Currently, the machine can accommodate a theoretical 50,000 TPS (transactions per second) and a theoretical block time of 400 milliseconds. The main purpose of…
Note from JPMorgan Endorses Holding 1% in Bitcoin
Due to recent statements of strategists, who argue that cryptocurrency offers security against major volatility in conventional asset classes such as stocks, shares, and minerals, the potential valuation of cryptocurrencies looks exciting. They consider investing a tiny sum of capital…
The Binance Bridge for Noobs
What is the Binance Bridge? The Binance Bridge is intended to allow different blockchain ecosystems to interact. Binance Chain and Binance Smart Chain wrapped tokens can be used to convert crypto assets to (and from) Binance Chain and Binance Smart…
A Dubai-based Mogul Pledges $4.8 billion Bitcoin Investment
Dubai business magnate, Khurram Shroff of the IBC Group pledged 100,000 Bitcoin (worth $4.8 billion) to the Miami 2.0 Blockchain Strategy Foundation in order to help start the platform. Adoption of cryptocurrencies would be supported significantly by IBC’s commitment. The…
Chairman Powell: Fed “Carefully” Looking at a Digital Dollar
The Federal Reserve Chair, Jerome Powell, confirmed that the Fed is exploring the feasibility of implementing a digital currency. Central bank digital currency (CBDC) is a form of money that operates purely as a consequence of the introduction of electronic…
Square Announces $170 Million Investment in Bitcoin
Square made the announcement on Tuesday that it had acquired $170 million worth of bitcoin in order to boost its already sizeable position in the cryptocurrency. Since purchasing Bitcoin in October, the latest acquisition takes the overall number of bitcoins…
An Introduction to the BEP-20 Token Standard
BEP-20 tokens are Binance Smart Chain (BSC) native tokens that are able to execute smart contracts. It’s basically the Binance Smart Chain’s ERC20 token implementation. The BEP-20 token standard has introduced on the Binance Smart Chain and it expands the…
Bitcoin Crashes to $47,400 in Largest Drop Since Crossing $40,000
The price of Bitcoin dropped 13% in a major 4-hour candlestick on February 22nd. Since briefly dipping to $47,400, the price has steadily risen to $53,000. $3.96 billion in cryptocurrency reserves were liquidated on exchanges throughout. Almost $2 billion in…
How to Use Metamask with Binance Smart Chain
Binance Smart Chain has exploded in popularity recently due to its affordability in use and multitude of decentralized applications to access. However, it does have a barrier of entry for new users. Follow this guide to learn how to access…
Elon Musk Tweets at Gold Bug Peter Schiff “You Might as Well have Crypto”
Not one to shy away from speaking his mind on Twitter, Elon Musk is known to be outspoken on the social media platform. In response to Schiff’s argument that gold was a safer asset allocation than cryptocurrencies, Tesla CEO Elon…