Bitcoin News
Bitcoin News

ICO, Explained

What is an ICO? An ICO is a recently emerged concept of crowdfunding projects in the cryptocurrency and Blockchain industries. ICO stands for Initial Coin Offering. It’s an event, sometimes referred to as ‘crowdsale’, when a company releases its own cryptocurrency with a purpose of funding. It usually releases a certain number of crypto-tokens and […]

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Bitcoin News

Bitcoin Price, Explained

How did Bitcoin price develop? Bitcoin price has its own wild road. In 2009, the year Bitcoin was created, nobody could have thought it would gain such popularity. The initial price was about $0.001. Over the next five years there were no significant events, so the price rose slowly with little fluctuations. In 2013, Bitcoin […]

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Bitcoin News

UASF vs. UAHF, Explained

What are soft fork and hard fork? Both of them are changes in protocol. A soft fork is a change to the software protocol where only previously valid blocks/transactions are made invalid. Since old nodes will recognize the new blocks as valid, a soft fork is backward-compatible. A hard fork is a radical change to […]

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Bitcoin News

Can artificial intelligence prevent the next financial crisis?

Is AI recession-proof? While AI is not recession-proof, it can help companies recover from a recession by improving business efficiency, identifying new opportunities and preventing future financial instability. Even if artificial intelligence (AI) has the potential to enhance company productivity and decision-making, it is not recession-proof. It is because the performance of AI models during […]

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Bitcoin News

DEX, Explained

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  • April 16, 2023

What is DEX? A decentralized exchange (DEX) is a peer-to-peer (p2p) online service that allows direct cryptocurrency transactions between two interested parties. Decentralized cryptocurrency exchanges are aimed at solving problems that are inherent in centralized exchanges. They create p2p markets directly on the blockchain, which allows traders to independently store and operate funds. Users of […]

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Bitcoin News

Programming Languages Used in Blockchain, Explained

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  • April 13, 2023

First, what are programming languages for? Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows and […]

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Bitcoin News

Fraudulent Transactions in Crypto, Explained

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  • April 13, 2023

How does payment fraud happen? Fraudsters are getting increasingly creative — meaning constant vigilance is essential to protect crypto. Ghost platforms that mimic legitimate exchanges. Fake platforms that invent users in order to make their business seem real. Clones of addresses that at first glance seem identical to the places you usually send funds. Yes, […]

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Crypto in Africa: Opportunities and Challenges, Explained

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  • April 12, 2023

Is crypto in Africa popular? Increasingly so, and you could argue that parts of the continent are world-leading. Back in April, Google Trends data revealed that Lagos in Nigeria has the world’s highest volume of online searches for Bitcoin (BTC). A lot of this is driven by frustration toward existing payment solutions, with the likes […]

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Bitcoin News

Bitcoin Halving, Explained

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  • April 12, 2023

What is Bitcoin halving? An event that halves the rate at which new Bitcoins are created. It occurs once every four years. As many know, Bitcoin’s (BTC) supply is finite. Once 21 million coins are generated, the network will stop producing more. That is one of the main reasons Bitcoin is often referred to as […]

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Bitcoin News

Bitcoin Options, Explained

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  • April 12, 2023

What is a Bitcoin option? An “option” is a type of derivative contract that gives the owner the option (not the obligation) to buy or sell an asset at a specified price (the strike price) within a predetermined time (the expiry date). While the term “derivative contract” typically conjures ideas of complicated financial instruments cooked […]

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