In recent years, Bitcoin has been gaining momentum and is slowly becoming part of mainstream finance. However, despite its growing popularity, there are still some skeptics who believe that virtual…
Category: Cryptocurrencies
Buffet’s Nubank Announces Cryptocurrency Nucoin
Brazilian digital bank, Nubank, has announced the development of their own cryptocurrency, the NUcoin. Backed by billionaire investor Warren Buffett, Nubank has become a major player in Brazil’s banking industry,…
Cryptocurrency Mining Future And Electricity Consumption
Out of all the coins in the cryptocurrency sector, Bitcoin is by far the most mined and thus produces the most pollution. The solution may come at a price, but…
Sweden Pays Drug Dealer 1.5 Million USD
When a Swedish man was convicted of earning 36 Bitcoin through drug dealing online, which amounted to 1.3 million Krona (roughly 150,000 USD), the price of Bitcoin was around $4200.…
What is decentralized finance? An expert on bitcoins and blockchains explains the risks and rewards of DeFi
Kevin Werbach, University of Pennsylvania Fervent proponents of cryptocurrencies and the blockchains they run on have promised a lot. To them, these technologies represent salvation from corporate power over the…
What are stablecoins? A blockchain expert explains
Stephen McKeon, University of Oregon Stablecoins are a type of cryptocurrency linked to an asset like the U.S. dollar that doesn’t change much in value. The majority of the dozens…
The Bitcoin and Blockchain: Energy Hogs
ShareTweet The digital world still lives under the illusion that it is intangible. As governments gathered in Paris at COP21 in 2015, pledging to reduce their carbon emissions to keep…