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Do Kwon: Fugitive ‘cryptocrash’ boss arrested in Montenegro

South Korea police say that Do Kwon, the fugitive cryptocurrency boss behind the $40bn (£32.5bn) collapse of the terraUSD and Luna tokens, has been arrested in Montenegro. He has since been charged with fraud by prosecutors in the US. Earlier this year US regulators accused Mr Kwon and his company Terraform Labs of “orchestrating a […]

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17 biggest crypto heists of all time

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  • March 26, 2023

Why is cryptocurrency theft increasing? Crypto fraudsters, especially scammers, prey on naive buyers in the physical world by reading the fine print in contracts. Bitcoin (BTC) came into the picture after the Global Financial Crisis of 2008-09 to prevent the world from financial crises in the future. However, as evidenced by various cryptocurrency scams since […]

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Bitcoin Prices in 2020: Here’s What Happened

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  • March 20, 2023

COVID-19 ravaged the world’s economies but prompted mainstream financial markets to start taking bitcoin seriously. A look back at the year in bitcoin. For many reasons 2020 will loom large in future textbooks on financial history.  This year saw the biggest drop-off in economic output since the Great Depression, the biggest spate of money printing […]

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What are parachains: A guide to Polkadot & Kusama parachains

A parachain, formally a parallelizable chain, is an individual layer-one blockchain that functions in the Polkadot and Kusama multichain networks, alongside others. Parachains attach to the security provided by a Relay Chain — the central chain of Polkadot — which coordinates the system as a whole. At the same time, the computations a parachain performs […]

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A beginner’s guide to understanding the layers of blockchain technology

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  • February 28, 2023

Understanding the layers of the blockchain If you’ve looked into cryptocurrencies or blockchain in any way, you’ve probably come across terms like layer one and layer two protocols. Are you curious about what these layers are and why they exist? Let’s discuss blockchain layer architecture in this article. Blockchain technology is a one-of-a-kind mix of […]

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What is a Bitcoin node? A beginner’s guide on blockchain nodes

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  • February 9, 2023

Bitcoin (BTC) is a decentralized peer-to-peer network made of computers, or nodes, that run the Bitcoin software and accept a set of proof-of-work (PoW) consensus rules to validate and broadcast transactions on the blockchain. This process occurs without the intermediation of a third party, making blockchains trustless mechanisms. In traditional payment methods, transactions are validated […]

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A beginner’s guide to the Bitcoin Taproot upgrade

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  • February 9, 2023

Bitcoin Taproot upgrade explained Bitcoin Taproot update is the most important upgrade the cryptocurrency has experienced since 2017, when Segregated Witness (SegWit) was activated. Like SegWit, the Taproot upgrade aims to improve the privacy and efficiency of the network but on a larger scale and with a potentially more significant impact expected over the years.  […]

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Bitcoin ETFs: A beginner’s guide to exchange-traded funds

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  • February 9, 2023

What is a Bitcoin ETF and how does it work? Flexible traders who prefer diversifying their portfolios at a lower cost and tax benefits often invest in ETFs. But, what is an ETF? ETF refers to the exchange-traded funds that are a collection of assets whose shares are traded on a stock market. They blend […]

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What is the Bitcoin blockchain? A guide to the technology behind BTC

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  • February 7, 2023

The Bitcoin blockchain is an amalgamation of Bitcoin (BTC) and blockchain. A person or a group of people known as Satoshi Nakamoto created the Bitcoin protocol in 2008 to decentralize control of money when centralized entities had failed the world. A publication called the Bitcoin white paper outlined a set of computational rules that determined […]

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Coincheck Owner Is ‘Interested’ in FTX Japan as Bidding Deadline Nears

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  • February 6, 2023

The Japanese securities giant Monex Group – the owner of the Coincheck crypto exchange – has suggested that it may move to buy FTX Japan. The status of the Japanese arm of FTX has been up in the air since its parent company FTX filed for bankruptcy last year. Strict Japanese laws governing the management of assets may have […]

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