cryptocurrencies
Cryptocurrency

Hayek’s new money idea, and Bitcoin’s creation: What they can’t stop

Friedrich Hayek was a well-known economist of the Austrian School, and the author of several important works, including ‘Law, Language and Liberty’, a multi-volume edition that carries important ideas on the evolution of social institutions. The basic premise of his ideas is that laws, language, morals, and other such social phenomenon, are natural and spontaneous…

Ether

A beginner’s guide to buy ethereum

Ether is a second most well-known and popular cryptocurrency after Bitcoin. And if you intend to buy this cryptocurrency, you undoubtedly have the question of how to buy Ethereum. Ethereum is a digital asset and an open-source blockchain that anybody can use to create custom applications. Networks make it possible for anybody to build decentralized…

New York ceases Bitcoin mining for 2 years

In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized in Bitcoin mining. The move sets up a two-year ban on new permits for crypto mining operations that use proof-of-work (PoW) authentication methods to validate…

Blockchain

Blockchain requires ‘MP3’ Music Moment to triumph over markets, say experts

According to industry experts, blockchain requires its own music industry ‘MP3’ moment as fragmented regulation and technology hinder the development of a digital securities industry that could aid realize its full potential. Distributed Ledger Technology (DLT) or blockchain support cryptoassets such as bitcoin and enables several parties to access a single version of data simultaneously….

Argentina Banks facilitate crypto buying and investment options

The largest bank in the nation, Banco Galicia will enable its clients to make investments in Bitcoin and other cryptos. Whereas on the other hand, Brubank, another Argentine bank that operates online, declared that it will also offer cryptos. The rollout of crypto associates services by both financial entities started on Monday, May 2nd. On…

Bitcoin Becomes Legal Tender In Central African Republic

After El Salvador, Lugano, and Honduras Prospera, the Central African Republic, a significant economic zone in the Latin American country, has also passed a law to accept Bitcoin as legal tender. The National Assembly unanimously released the bill which would make cryptocurrency legal tender in the country. Calixte Nganongo, minister of finance and budget, and Gourna…

ETH 2.0 is anticipated to be introduced in Q3 2022

If all goes well, it is expected that Ethereum 2.0 will be implemented in 3 stages over at least 3 years. The levels include several technical intricacies, however, the following are the basics: Stage 1 – Start an easier proof-of-stake blockchain operating in parallel with the current system utilizing the Beacon chain. This is to…