Category: Blogs

Recently, the crypto ecosystem has been in news largely for “not-so-good” reasons. There has been quite a lot of turbulence in the crypto ecosystem but the collapse of Crypto exchanges or Crypto banks has surely been the talk of the town. Collapse of Crypto Banks After the bankruptcy of FTX which is still under investigation, […]

A Central Bank Digital Currency which commonly refers to CBDC is a  digital form of central bank money. It is created by ledger tender and represents a claim against the central bank not towards any Payment Service Provider (PSP) or Commercial bank. It is managed on a digital ledger and increases the security of payment […]

Introduction Undoubtedly, Blockchain technology has disrupted several decentralized platforms by streamlining transactions and data storage. For this to happen, the consensus mechanisms play a crucial role by providing reliability and security. The consensus mechanism is improved to best cater to the growing demands of the industry. To date Proof – of – Work (PoW) mechanism […]

Cryptocurrency wallets are typically used for storing multiple tokens and coins. However, most of these wallets only support a limited number of digital currencies. Thus, to allow users to control and provide access to a large number of digital tokens and enhance security the trust wallet came into existence. What Is A Trust Wallet? The […]

Introduction Smart contract development has played a vital role in the functioning of blockchain technologies and related projects. However, innovative technology stacks like Polkadot have brought a paradigm shift to the sector. It was in the year December 2021 when the first Parachain went live on Polkadot. Since then it continued to grow its use […]

Introduction The year 2022 has undoubtedly been a difficult ride for the crypto industry. In the year 2022, the global economy struggled under geopolitical headwinds which included tightening of the regulation by central banks and other institutions worldwide. The US Stock Market alone has dropped 15% in its value; bond markets have fallen by 20%, […]

What is Solana Candy Machine? Solana NFT Candy Machine is a short program designed for NFT creators to sell NFTs. The candy machines work similarly to mechanical candy machines where a coin has to be deposited to get one piece of candy. The candy machine helps to streamline the processes for NFT enthusiasts in the […]

Introduction FTX, a cryptocurrency exchange was founded in the year 2019 by Sam Bankman- Fried. Fast forward to the year 2021, FTX had more than 1 million users and emerged as the third-largest crypto exchange by volume. However, this renowned exchange and the trading firm have been in chapter 11 bankruptcy proceedings in the US […]

Introduction Cryptocurrencies have indeed reshaped the way youth understand trading and investing today. The growing understanding and curiosity regarding digital assets like cryptocurrency and NFTs have led to an increasing number of crypto investors and traders worldwide. However, the multiple digital coins and NFTs have resulted in the creation of diversified crypto portfolios too which […]

 Introduction A cryptocurrency exchange is a web service that enables people to exchange money for digital assets such as Bitcoin, Altcoins, and other cryptocurrencies. Thus, these exchanges act as intermediaries between crypto investors and cryptocurrencies. There are more than 500 cryptocurrencies worldwide which are categorized as Centralized Cryptocurrency Exchanges (CEX), Decentralized Cryptocurrency Exchanges (DEX), and […]

Introduction Inarguably, Ethereum is the world’s second-biggest blockchain that produces ether cryptocurrency and serves as the platform for building most NFTs too. However, these blockchains emit carbon dioxide and also consumed enormous energy. Thus, in a world where climatic change mitigation is a priority concern the “Ethereum Merge” is probably the most sorted solution which […]

Oftentimes, people with little knowledge of cryptocurrency consider Bitcoin a synonym for cryptocurrency and end up believing that’s the only cryptocurrency around. However, this certainly is not true. There are at least four types of cryptocurrency based on their formulation, code design, application, and other such factors. These varying types of cryptocurrency are Coins, Tokens, […]