Author: Sarvottam Mishra

This article will give my personal opinion and will talk about the Cons of MATIC Polygon (MATIC) – What Is It? Polygon addresses some of Ethereum’s major challenges, such as high fees, poor user experience, and low transaction rates. Its goal is to create Ethereum’s “internet of blockchains” – that is, an ecosystem of blockchains compatible with Ethereum. By providing a simple-to-use framework, developers can launch their own Ethereum-compatible blockchains with a single click. Also Read: Polygon Crypto : What is it about and why it’s here to stay As Polygon envisions a world in which different blockchains can freely…

The top 1,000 richest ETH whales bought an average of $ 12,766 worth of MATIC tokens in the last 24 hours. Large crypto investors are charging on decentralized exchange Sushi (SUSHI) with an average purchase amount of $ 4,140. The richest Ethereum (ETH) whales are busy gobbling up Polygon (MATIC) and two other decentralized finance altcoins (DeFi) as the crypto markets take a breather. Data from whale watch platform WhaleStats shows that the top 1,000 Ethereum whales bought an average of $ 12,766 worth of MATIC tokens in the last 24 hours. Also Read: An introduction to blockchain security. How…

Web 1.0, Web 2.0 and Web3 with their difference Web 1.0 The first stage of World Wide Web evolution is known as Web 1.0. There were only a few content creators in Web 1.0, and the majority of users were consumers of content. The majority of personal web pages consisted of static pages hosted on ISP-run web servers or free web hosting services. Ads on websites while surfing the internet are banned in Web 1.0. Furthermore, Ofoto is an online digital photography website where users can store, share, view, and print digital pictures. It is a content delivery network (CDN)…

Introducing blockchain security Blockchain technology has many advantages, the most important of which is probably its security. With the use of cryptography, decentralization, and consensus algorithms, blockchain protocols provide way to securely store and exchange information without the need for an overseeing institution or preexisting trust between parties. Here are the reasons why blockchain security works. The basics of blockchain security Satoshi Nakamoto, the enigmatic creator of the original Bitcoin, is at the core of it all. Using his seminal whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, Nakamoto proposes a way to make secure payments and avoid the problem of…

Quantum Fintech Group founder and managing partner Harry Yeh believes that it is critical for investors to add cryptocurrencies to their portfolios. Yeh said this during an interview on December 27 while discussing general investor sentiment on cryptocurrencies as an asset class. He also spoke about the impact that central bank activity affects the infant industry and his outlook for the sector. In the interview , Yeh pointed out that if he didn’t stay in crypto, the multiple times people told him the sector would fail, he wouldn’t be where he is today. Yeh added that he got into crypto…

Cryptocurrency scammers will face five years behind bars and fines of up to Dh1 million under tough new UAE laws protecting the public from financial fraud. President Sheikh Khalifa announced the clampdown as part of sweeping legal reforms last month. The new law broadens the country’s current cybercrime laws to include advertisements for rogue cryptocurrency schemes that are not recognized by UAE authorities. According to article 48, posting misleading ads or inaccurate data online about a product will lead to jail time and/or a fine between Dh20,000 and Dh500,000,” said Dr Hassan Elhais of Al Rowaad Advocates. Also Read: Cryptocurrency…

The area of ​​non-fungible tokens is still on the rise. For the first time, global search interest for the term NFT has exceeded that for cryptocurrencies . That comes from a report dated December 23, which relies on data from Google Trends. Not too surprising, given that transactions on OpenSea, the leading Non fungible token marketplace, passed the $ 10 billion mark this year. Also Read: An investor made $400 thousand on cryptocurrency, breaking the curse of poverty According to the report , interest in NFTs is growing as leading companies like Nike and Adidas establish themselves with Non fungible…

Among the countries that work with cryptocurrencies, Andorra Crypto is a hidden gem. The country remains open to this type of business and offers several advantages to companies looking to set up shop. In terms of cryptocurrency tax rates, Andorra is a great option if you decide to move and become a tax resident there. There are several things you should know about Bitcoin and other digital currencies in Andorra, including tax rates, requirements, regulations, platforms, operations, etc. Also Read: How to get money by Playing games? What’s the Play-to-Earn Business Model? We will take you through each of these…

Malware in Crypto People downloading an illegal copy of “Spider-Man: No Way Home” may be in for a nasty surprise, as versions on “torrent” sites that point to illegal copies of movies are bundled with a cryptocurrency miner as an unwanted side effect. Experts on this Mining Malware Researchers at Reason Cybersecurity Ltd. have found that illicit copies of the latest Spider-Man installment contain a new version of a previously known form of virus. Malware known as “Spiderman” has been described as a variant of malware that had previously been disguised as popular apps such as “Windows updater” and “Discord…

Former US First Lady Melania Trump has launched her NFT collection on the blockchain Solana, while former President Donald Trump is once again attacking cryptocurrencies. Donald Trump says cryptocurrencies are dangerous, but praises his wife’s NFT project Trump claimed cryptocurrencies are dangerous in a recent interview with Fox Business. Also, he said he didn’t like Bitcoin and other cryptocurrencies, but he didn’t provide a rationale: “I never liked it because I like having the dollar. I think the currency should be the dollar. So I was never a big fan. But it is spreading more and more. Nobody is doing…

“Ethereum is big enough to carry on with or without me,” says Vitalik Buterin in Argentina. Vitalik Buterin, the founder of Ethereum, participated in the “AskVitalikBA” conference in Argentina on Tuesday. Vitalik shared his views on cryptocurrencies, as well as political issues, on the occasion. According to him, the Proof of Stake (PoS) model is more efficient and less vulnerable to censorship. Furthermore, he stated that Ethereum would continue to grow even if he disappeared. Also Read: Vitalik Buterin Hits Out At El Salvador’s Bitcoin Adoption “Shame on Bitcoin Maximalists” Vitalik praised the Argentine people and criticized the government, saying…

What Is Play2Earn (Play to Earn)? A play-to-earn game is one that allows players to earn any form of in-game asset that can be transferred to the real world as a valuable resource. Since technology has become more accessible to the general public, video game business models have developed to a whole new level. In the past, games could only be played on arcade machines in specific gaming arenas. Quarters would be thrown into the sack and players would compete for the highest score. After the revolution in technology brought games to smartphones, home computers, and gaming consoles such as…

NFT Instagram Instagram, a social media platform owned by Meta (formerly Facebook), is exploring the integration of non-fungible tokens (NFTs). Also Read: Crypto Mining Crackdown in Russia may result into crypto ban Adam Mosseri said that during an Instagram question-and-answer session over the weekend. According to Instagram’s executive, the company is researching ways to make NFTs more accessible to its users. Mosseri sees one possibility as labeling Instagram posts that offer NFTs as “collectible items”. Instagram’s CEO said that while there has not been an official announcement, things are happening behind the scenes. “Nothing to announce yet. But we are…

Cotten’s first documented get-rich-quick scheme was at the age of 15. A teenage computer enthusiast from Belleville, Ontario, ran the operation on an online forum called TalkGold and promised investors unimaginable returns of up to 150 percent in two days. The company, called S&S Investments, was able to remain afloat for three months before it failed and investors’ money disappeared. Also Read: Cryptocurrency scams you should know about Fifteen years later, Cotten, known as Gerry, would be charged with scamming people online with a much higher prize. He became a businessman and directed the biggest change in criptomonedas of Canada…

Analysts explained what will happen to the digital asset market in the next 12 months if the most negative scenarios come true regarding Cryptocurrency ban 2021 has become a landmark year for the crypto market. Over the past 12 months, the crypto industry has attracted a record $ 30 billion in venture capital investment. This is more than has been invested in the market for all the years of its existence. Also Read: Central Bank will test the exchange of rubles for foreign currencies. Over the same period, the capitalization of the digital asset market tripled to $ 2.4 trillion…

GameStop Stock Investing in meme stocks and pupcoins is like peanut butter and jelly – they complement each other so well. This year, there is no doubt that these two asset classes are colliding. Investors are now seeing these assets combined in a way they’ve never seen before. A couple of pupcoins have teamed up with GME (NYSE:GME), the king of meme stocks. The stock of GameStop, of course, is poised to rise on the news. Gamestop sparked a whole wave of retail stock trading that nobody could have predicted.  No one except the dedicated members of Reddit’s r/WallStreetBets. They…

In an announcement on Tuesday, Crypto.com revealed that it has partnered with the Los Angeles soccer team to raise awareness and access to cryptocurrency, blockchain and Web 3.0 among England residents, soccer fans and athletes themselves. The exchange said it plans to continue its search for “unique and effective ways” to invest in Los Angeles, with a partnership to promote “financial education, independence and financial empowerment” for women. Also Read: What does the Ethereum White paper reflects? | Ethereum vs Bitcoin “Given the speed at which Web3 and cryptocurrency are changing our world, we want women to be on this…

Memecoins The year 2021 has been full of news about cryptocurrencies but not all of them have catchy names or important purposes. Some started as jokes and we tell you which are the most absurd that we have found. Bitcoin or Ethereum are very famous cryptocurrency with limited supply that have taken over a large part of the digital currency market. With powerful names and a purpose that can draw attention to its logical background, they have come a long way . What are memecoins? Meme coins are cryptocurrencies that have been inspired by an Internet meme or have some…

Bitcoin Lightning Network continues to grow steadily, but this momentum is not reflected much in Latin America, where strengthening infrastructure is at a disadvantage. This at least when buying the number of public nodes that operate by regions. At the time of writing this note, there are 38,814 nodes on the Lightning network worldwide, of which 17,136 are nodes with public IP, according to the map of the development company ACINQ, behind the Eclair implementation and the Phoenix wallet. Also Read: Bitcoin Cons: Some Faults with the king This ACINQ explorer makes it possible to clearly observe that there are…

The Spanish government joins the European initiative to create a public digital currency that provides “security” for these new forms of payment. ANDCash is giving way to new forms of payment, and governments want to keep that transition under control. It has been a couple of years since the European Central Bank announced its project to create a public digital currency for the euro countries and now the Government of Pedro Sánchez has taken the first step to incorporate Spain into that process. Congress has just approved a non-legislative proposal that proposes launching a digital euro as a safe public…