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The money supply continues to grow, making the value of the currency decrease and causing inflation. This has triggered many people to look for alternative means of exchange whose value continues to increase, one of which…
Month: January 2022
Reading Time: 4 minutes
Binance is one of the largest centralized exchange (CEX) companies in the world of cryptocurrency, with a trading volume of US$9.5 trillion in 2021. Binance also hosts its blockchain network which is Binance Chain and Binance…
Reading Time: 5 minutesBitcoin recently completed its most significant network upgrade in four years. The update, called Taproot, aims to streamline Bitcoin transaction processing and make it more efficient in terms of speed and cost. What is Taproot and how…
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Dogecoin is a cryptocurrency called a ‘memecoin’ because it was originally created as a joke towards the crypto community. It even has the viral ‘doge’ Shiba Inu meme as its logo. Dogecoin is the first memecoin…
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The crypto industry opens up many financial opportunities that were previously complex and time-consuming. Activities such as saving at a bank that used to take a long time can be done in seconds. What’s more, crypto…
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What is Stablecoin?
Reading Time: 5 minutesStablecoins are crypto assets that are designed to have the same value as a certain asset–for example, the US dollar, or another commodity such as gold–to ensure the stability of its price. On many popular stablecoins, the…