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Mt Gox Hack Explained
1. Introduction – What is Mt Gox Hack? The 2010–2014 cryptocurrency exchange Mt Gox processed over 70% of Bitcoin transactions worldwide. After becoming the largest and most popular Bitcoin exchange, Mt Gox was crucial to the early cryptocurrency market. However, Mt Gox was hacked in 2014, stealing thousands of bitcoins and causing users severe financial … Continue reading “Mt Gox Hack Explained”
Fusion: Everything you need to know about it
What is Fusion? Fusion is a financial data capture plugin designed to simplify the integration of on-chain Bitcoin and off-chain Lightning transactions directly from your Bitcoin/Lightning node into your existing ERP/accounting system. It streamlines the process of capturing, reconciling, and managing financial data for Bitcoin companies, eliminating the need for multiple tools and manual processes. … Continue reading “Fusion: Everything you need to know about it”
El Salvador’s Bitcoin Law
In 2021, El Salvador took a plunge and became the first nation in the world to legalise cryptocurrency. This decision was an isolated impetus to the disuse of the credit sector by promoting the development of new businesses, migration, and remittances. El Salvador built Chivo Wallet, a digital software that is a virtual bank for … Continue reading “El Salvador’s Bitcoin Law”
What is SupraOracles?
SupraOracles enables faster, more accurate, and secure off-chain data. SupraOracles’ innovative Tribes and Clans concept, along with parallel processing, ensures true decentralisation and provides 3-5 seconds of full finality. Dapps can apply for the Supra Network Activate Programme (SNAP), which aims to enhance top Web3 projects with free Oracle services, VRF/RNG, and technical support. History … Continue reading “What is SupraOracles?”
India Blockchain Tour Bengaluru 2024
The Garden City of India, also known as the Silicon Valley of India, Bangalore is a city of many names and many distinctions. Despite having some of the world’s worst traffic, this is a city that never stops moving. Bangalore proudly hosts one of the most celebrated projects in the crypto world, Polygon. This places … Continue reading “India Blockchain Tour Bengaluru 2024”
What is a Central Bank Digital Currency (CBDC)?
When was the last time you made a cash payment for something? Physical cash is still widely used, although financial shortages and safety concerns during the COVID-19 epidemic have reduced its use. Consumers are increasingly using digital payments. Banks and other financial institutions process more transactions online than at their physical facilities. Digital disruptors like … Continue reading “What is a Central Bank Digital Currency (CBDC)?”
Cryptocurrency regulations in 2024
Financial market authorities worldwide are debating how to handle cryptocurrency. This novel asset type does not fit neatly into current financial classifications, and the collapse of FTX in 2022 highlighted the critical need for smarter regulations. Governments want to impose regulatory oversight on cryptocurrency because regulating currencies is critical for managing economies, according to David … Continue reading “Cryptocurrency regulations in 2024”
The Story Behind “Bitcoin Pizza Day”
How would you feel about purchasing two pizzas for millions of dollars? It sounds ridiculous, doesn’t it? On the other hand, this is precisely what took place on May 22, 2010, a day that is now commemorated as Bitcoin Pizza Day. It was on this day that Bitcoin was used for the very first time … Continue reading “The Story Behind “Bitcoin Pizza Day””
Band Protocol – Everything You Need to Know it
As decentralised applications (DApps) continue to reshape financial systems globally, one persistent challenge remains: accessing trustworthy real-world data that resides off-chain. In a blockchain, where data sources like financial market prices exist off-chain, integrating this information on-chain is essential for DApps to function effectively. Imagine needing to automate trades based on external events, such as … Continue reading “Band Protocol – Everything You Need to Know it”
What is Moonriver? (MOVR Explained)
In the blockchain world fund security, platform efficiency, and a battle-tested smart contract is essential for users. Among these, the most important factor is smart contract. Any blockchain network relies on it. But the difficulty is, while developing these smart contracts and dapps, how can developers test them? That’s where Moonriver comes into play. Using … Continue reading “What is Moonriver? (MOVR Explained)”
