Bitcoin is the dominant cryptocurrency in the world, with a market capitalization that is significantly larger than that of any other digital currency. This dominance has been a key factor in the success of Bitcoin and has made it the de facto leader of the cryptocurrency market. How Bitcoin gains its dominance in the crypto … Read more
Cryptocurrencies have garnered significant attention in the past few years. Bitcoin was created in 2009 as the first cryptocurrency. Since then, over 20,000 other cryptocurrencies have emerged in the market. One of the most common arguments put forward by cryptocurrency advocates is that they provide a hedge against fiat currencies such as the US dollar. … Read more
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It is the second-largest cryptocurrency by market capitalization, and it is widely used for a variety of purposes. One of the main reasons why Ethereum is so widely used is that it is a flexible and powerful … Read more
What is a Mining Rig? A Bitcoin mining rig is a specialized piece of equipment that is used to mine Bitcoins. Bitcoin mining is the process of using specialized computer hardware to verify transactions on the Bitcoin network and earn rewards in the form of new bitcoins. A mining rig typically consists of a computer … Read more
Cryptocurrency has gained popularity in Malaysia as an alternative investment, but many investors are still unsure about the tax implications of their crypto transactions. In this article, we will look at some main highlights in the guidelines on the tax treatment of digital currency transactions published by the Inland Revenue Board of Malaysia (LHDN). It … Read more
Cryptocurrency has gained popularity in recent years, with many people using it as an alternative form of investment. Cryptocurrency is a digital or virtual currency that uses cryptography for security and is not backed by any government or central bank. In recent years, the use of cryptocurrency has grown significantly, with many people using it … Read more
A rug pull scam is a type of fraudulent scheme that is commonly used in the world of cryptocurrency. In this scam, a group or a single individual will create a new cryptocurrency or token and promote it heavily as a promising investment opportunity. They will often use tactics such as fake news articles, celebrity … Read more
In the world of digital currencies, to ensure that transactions are secure and that the integrity of the digital currency is maintained, crypto networks employ a variety of consensus mechanisms. These mechanisms are designed to validate transactions and protect the network from malicious actors. One of the most well-known consensus mechanisms is proof-of-work (PoW), which … Read more
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value relative to a specific asset or group of assets. This stability is achieved through a variety of different mechanisms, but the most common approach is to peg the value of the stablecoin to the value of a stable asset such … Read more
The global economy is facing uncertain times, with many experts predicting a potential recession on the horizon. As an investor, it’s important to approach this potential downturn with caution and strategy. Here are five tips to help you navigate the market and make smart investment decisions during a global recession. Diversify your portfolio. One of … Read more