Cryptocurrency, called crypto for short, is a digital payment system that doesn’t rely on banks or governments to verify transactions. It uses cryptography for security and operates on a decentralized system called a blockchain. Understanding cryptocurrency basics What is cryptocurrency? Cryptocurrencies are digital currencies (digital representations of value) that are secured using cryptography. Interested parties
Ironblocks a cottage industry of crypto security firms police the aftermath of protocol hacks and heists. Now one of them is out with a “firewall” aimed at stopping those thefts beforehand. Blockchain security platform Ironblocks’ new tool is a free service for developers who want to add security to their smart contracts, CEO Or Dadosh
As expected, the Bank of Canada Wednesday morning cut its benchmark overnight rate by 25 basis points to 4.75%. The move was anticipated by most economists as policymakers in Canada had previously signaled satisfaction with the direction of inflation alongside some concern about slowing economic growth. “[It is] reasonable to expect further cuts to our
What is Metaverse? The metaverse is essentially a concept for a future iteration of the internet. It’s envisioned as a more immersive and interactive experience than the current web. The metaverse refers to the convergence of physical and virtual space accessed through computers and enabled by immersive technologies such as virtual reality, augmented reality and mixed
A Bitcoin IRA is a retirement account that lets you invest in cryptocurrencies like Bitcoin alongside your traditional retirement savings. For many fans of cryptocurrency, investing in Bitcoin for retirement is a natural choice. They believe in the long-term potential of crypto, and they understand the substantial risks of holding BTC over the long term.
Gold and bitcoin are weird. Bitcoin and gold are zooming, which is not new, because the things people trade in go up and down. These two asset classes don’t interest me, and from time to time, I marvel why people invest in these. Is the current bull run in the two more or less the
Every dog has its day, and in the world of cryptocurrencies the luckiest dog today is Dogecoin (DOGE). Recently Elon Musk has replaced the Twitter logo with the official Dogecoin mascot, a Shiba Inu dog. Why? Good question, but the move has propelled the original memecoin back into the list of the top ten cryptocurrencies. What Is Dogecoin?
What Is Cryptocurrency? A cryptocurrency is a decentralized, digital store of value and medium of exchange. It’s not a currency with any physical tokens, like dollar bills, and it lacks any centralized governmental oversight. Instead, cryptocurrency relies on encrypted, distributed ledgers—so-called blockchain technology—to record and verify all transactions. Think of blockchain ledgers as a constantly updated checkbook
If it feels like your dollar doesn’t go quite as far as it used to, you aren’t imagining it. The reason is inflation, which describes the gradual rise in prices and slow decline in purchasing power of your money over time. Here’s how to understand inflation, plus a look at steps you can take to
The keynote wrapped, and you’re looking for something to do on the last official night of Consensus. Rather than heading home, consider staying the night in Austin for one last round of networking and entertainment. Here’s your guide to the parties, chats and dinners you want to miss on Friday night at CoinDesk’s flagship conference.