What are Stablecoins? Stablecoins are a new type of cryptocurrency that are designed to maintain a constant value relative to fiat currency, such as the US Dollar, Euro, or any other currency not backed by commodities such as gold and silver, but rather intended to be legal tender. They are digital tokens that are pegged […]
What are smart contracts? Smart contracts are pieces of code that live/get executed on decentralised blockchain networks. They are self-executing contracts that include terms of the agreement between two participating entities, buyer-seller, user-protocol, etc. Once deployed on the network, these contracts are non-destructible and non-editable. Blockchain eliminates the need for intermediaries thus increasing overall efficiency […]
Time and again, we hear headlines about exchanges falling victim to hackers or influencers and celebrities losing substantial amounts of cryptocurrency. Crypto scams and hacks have become increasingly prevalent, and they seem almost inevitable in this digital age. That’s precisely why understanding the reasons behind crypto losses and equipping yourself with knowledge on how to […]
Cryptocurrencies have gained immense popularity in recent years, and with that, the importance of cryptocurrency exchanges has also grown. These exchanges are digital platforms that allow users to buy, sell, and trade cryptocurrencies. However, with the increasing number of hacks and fraudulent activities associated with centralized exchanges, many users are turning towards decentralized exchanges and […]
In recent years, the world has witnessed an explosion in the popularity of Non-Fungible Tokens (NFTs), a form of digital asset that utilizes blockchain technology to establish ownership and authenticity. While NFTs have gained attention across various industries, their impact on celebrity culture and personal branding has been particularly significant. This blog post explores the […]
With the rising popularity of cryptocurrencies, the need for secure storage solutions has become more important than ever. Hardware wallets offer an excellent way to protect your valuable digital assets from potential threats such as hacking, malware, and phishing attacks. These devices provide an offline and tamper-proof environment for storing your private keys, ensuring maximum […]
Have you ever thought about what would happen to your crypto assets if something unfortunate happens to you? As crypto and decentralized finance (DeFi) continues to grow, safeguarding digital assets against unforeseen circumstances becomes crucial. Cypherock Cover emerges as a pioneering solution, designed to tackle critical challenges in digital asset inheritance and recovery. Cypherock cover […]
Popular Youtuber MrBeast’s encounter with a home robbery not only shook his sense of security but also exposed the vulnerabilities of overlooking proper safeguards for private keys and seed phrases. In a podcast, he shared a harrowing experience involving the potential loss of $2 million worth of Bitcoin. After his home was broken into, he […]
The cryptocurrency market has encountered significant challenges, shaping the landscape for investors and market participants. In this blog post, we will explore three critical developments: the lowest trading volumes in recent years, the slump in Bitcoin supply on exchanges in 2023, and the increasing preference for self-custody solutions. By examining these narratives together, we can […]
2020. Never had we thought that this would be the year of the next financial crisis after 2008. But there is a subtle difference this time. The bad part is this one is even worse than the previous one due to the Pandemic, but the good part is we have an exit plan possible in […]