Proof-of-Stake Unveiled: NFTs and Metaverse Transactions

Proof-of-Stake Unveiled: NFTs and Metaverse Transactions

Cryptocurrencies have evolved significantly since the inception of Bitcoin in 2009. While Bitcoin introduced the concept of decentralized digital currency through Proof of Work (PoW), the crypto landscape has expanded to encompass a multitude of digital assets and applications. One of the most revolutionary developments in this space is the adoption of Proof of Stake…

Fall of FTX: A Lesson in Crypto Exchange Risks

Fall of FTX: A Lesson in Crypto Exchange Risks

Financial institutions are embracing cryptocurrencies, because they promise decentralized finance, borderless transactions, and financial freedom for everyone. As gateways to the world of digital assets, crypto exchanges play a key role. One such exchange, FTX, had been riding high on success and innovation. There are times when even the most prominent crypto exchanges can fall and…

Digital Currency to Digital Gold: The Bitcoin

Digital Currency to Digital Gold: The Bitcoin

Digital currencies have always been a revolution, and Bitcoin has always been the pioneer and poster child. In the past decade, Bitcoin has been lauded as a decentralized financial future and a potential replacement for traditional fiat currencies. However, recent data and trends in the cryptocurrency market suggest that Bitcoin’s utility as a currency may be more limited than previously…