For many years, gold represented a standard of wealth preservation and has in many circles still remained so, with even more modern considerations for it as a medium of exchange. Although fiat currencies may have more prevailing usage due to portability, gold’s intrinsic properties make for superior value when compared to any other standard medium […]
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Bitcoin is dying. Anyone who’s been around crypto for more than a few years won’t have heard that for the first time. Recently CNBC’s Fast Money segment held a mock funeral for Bitcoin. As the longest bear market in the history of cryptocurrency continues, the ironically titled business show proclaimed the end of Bitcoin. There […]
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The crypto insurance market underwent huge developments over the last two years. In the past, insurance companies were hesitant to enter the crypto market due to security and volatility concerns. Ironically, market instability is one of the main reasons crypto startups, exchanges and investors seek insurance in the first place. Thankfully, the market has seen […]
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Blockchain technology is quietly transforming industries in ways that were unimaginable a few years ago. Transactions that once took days to complete, and multiple third-party verifications systems, can now be conducted more efficiently. Companies continue to recognize the power of blockchain in streamlining their financial dealings. Today, FinTech blockchain applications are a normal part of […]
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Ethereum is now three years in the making. Vitalik Buterin, the Russian-Canadian whizkid who co-founded the platform, hoped that popular Dapps (decentralized applications) would become the new normal. Little did he know that his smart contract blockchain would wind up being a wildly popular way to raise capital, known as the initial coin offering (ICO). […]
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Over the last nine years, Bitcoin has undergone significant price swings. In less than a year, Bitcoin managed to reach an all-time high of $19,500 before correcting back to its current price range between $6,000 and $7,000. This significant drop may have you wondering, is it too late to buy Bitcoin? The answer is no. Let’s consider some of the […]
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One of the year’s most hotly anticipated blockchain applications is now live. FOAM, which aims to build a reliable, resilient world map using smart contract technology, announced that the decentralized application (dapp) has launched on the ethereum blockchain and is already “seeing the first users populate the map.” Speaking to CoinDesk in June, FOAM co-founder […]
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Three years ago, Augur, a prediction market system that runs on the ethereum blockchain, held one of the first initial coin offerings (ICOs), long before the funding mechanism gained mainstream momentum. Between August 7 and September 5, 2015, the project issued 8.8 million reputation (REP) tokens from a maximum circulating supply of 11 million tokens, […]
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