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tinam • May 15, 2022, 8:47 am EDT

What’s A Stablecoin? What’s The Deal With Terra? Here Are The Details Of The Latest Crypto Crash

2022 has already been a challenging year for crypto. Many hoped the easing of pandemic-related restrictions would help revive the market. Unfortunately, this has not really been the case yet. But few might have imagined the latest crypto crash would involve stablecoins, which play a vital role (especially within the DeFi sector). Stablecoins have long been heralded for their stability by traditional and crypto investors due to their peg with a tangible asset.  In mid-May 2022, the TerraUSD (UST) stablecoin lost its $1 peg to the dollar and went into free fall. Once ranked among the top ten most valuable cryptocurrencies, the coin was trading

3 minutes

tinam • May 11, 2022, 7:44 am EDT

What Are Seed Phrases & Why Are They Important?

One of the fundamental principles making cryptocurrency so attractive is that crypto owners have control of their own digital assets. By “control,” we mean that they are not dependent on a third-party institution or a centralized entity to manage, or store their wealth. Users can control the storage and management of the assets themselves. This means there is no need to provide any identification or to have to pass any legal requirements. You may be wondering then; “How does the blockchain technically know that a person is the owner of a wallet that holds crypto within it”? What’s The Secret? The

5 minutes

tinam • May 9, 2022, 11:43 am EDT

What Is Cryptocurrency?

Cryptocurrency has been all the rage over the last several years as many realize digital money has transformed many aspects of economics and finance.  In short, cryptocurrency, or crypto, is decentralized virtual money that relies on cryptography to exist without the need for traditional monetary authority.  While the idea behind digital money is not new, as electronic money in the form of ‘Digicash’ emerged in the 1990s, Bitcoin, launched in 2008, is by far the largest and most successful cryptocurrency and helped give rise to other popular options like Ethereum.  Bitcoin remains the most popular cryptocurrency by market capitalization, with options like

8 minutes

tinam • May 3, 2022, 8:12 am EDT

Real Estate Industry Now Evolving To Accept Crypto For Rent Payments

Jamestown, a major real estate management firm, just announced that they will now be accepting crypto for all rent payments. The firm plans to utilize the services of Bitpay to process crypto payments. This service will allow renters to pay in digital assets like Bitcoin, Ethereum, Dogecoin, Litecoin, and much more. What Does This Mean For The Real Estate Industry? Michael Phillips, the president of Jamestown, stated that blockchain technology and crypto will be able to transform the real estate industry completely. The company wants to be at the forefront of this industry change by integrating its real estate with digital assets

3 minutes

tinam • Apr 28, 2022, 10:36 am EDT

Whistleblower Edward Snowden Admits Participation In Ceremony Leading To Creation Of Privacy-Focused Zcash Cryptocurrency

American whistleblower and former computer intelligence consultant Edward Snowden, now a Russian permanent resident, revealed he played a leading role in a 2016 ceremony that ushered in Zcash, a privacy-focused crypto.  On April 27th, the Zcash Media Twitter account promoted a video featuring an interview with Snowden, who participated in the mysterious ceremony under the name of ‘John Dobbertin.’ The privacy advocate and five other people combined their portion of the cryptocurrency’s private key to officially launch Zcash, a decentralized blockchain relying on zero-knowledge proofs. With a market capitalization just north of $2 billion, Zcash has gained prominence since its inception as

3 minutes

tinam • Apr 27, 2022, 10:46 am EDT

Public Keys And Private Keys; The Need To Know

This is the age and time of cryptocurrency. The crypto industry is seamlessly growing in value and importance. Cryptocurrencies are digital golds — harder, stronger, faster, and smarter than any money that has preceded it. However, they are still shrouded in complexity and technical jargon.One of the most technical terms in crypto is the private key. A secret number used in cryptography, similar to a password, is called a private key. In cryptocurrency, private keys help to sign transactions and prove ownership of a blockchain address. Public keys and private keys differ because public keys are public, open to anyone

6 minutes

jennyl • Apr 19, 2022, 2:48 am EDT

How Do Crypto ATMs Compare to Crypto Exchanges?

Experts have good reason to believe that cryptocurrency is a massive part of our financial future. For example, 48% of millennials are knowledgeable about Bitcoin, while 35% of these young people own crypto. This is a considerable increase from the 13% of all investors who own digital assets. So it makes sense that Bitcoin will explode as millennials carve out a greater section of the global economy. Accessing cryptocurrency will also be easier for these young investors because of crypto ATMs. But what is a Bitcoin ATM, exactly? How do they compare to traditional online exchanges? Read on for a complete run-down

9 minutes

tinam • Apr 8, 2022, 4:39 am EDT

Jack Mallers’ Huge Announcement At Bitcoin Conference

Wouldn’t it be nice to buy things your way? Do you remember the old days of Visa commercials, “It’s everywhere you want to be?” How about, “Pay the way you want to pay?” Jack Mallers is working on that, and he has news for you. Strike CEO Jack Mallers paced around the stage, excited about an announcement he was about to make at the Bitcoin 2022 Conference. At first glance, you could tell he was excited because this young man’s mind was moving at the speed of lightning while his hands and feet wouldn’t stop moving him back and forth across

2 minutes

tinam • Apr 4, 2022, 4:05 am EDT

Don’t Be A Victim Of Crypto Scammers

Scammers are everywhere, and they come at us from all angles. It’s hard to believe that people devote their lives to finding ways to rob someone of their money. But they do, and you need to protect yourself from them. A few years ago, I received a call from a “Federal” agency. The “officer” asked to verify my information before we proceeded with the phone call. He gave me the wrong social security number and birthdate and then asked me to prove it. I swiftly declined and told him he had the wrong person. If I had given him the

3 minutes

tinam • Mar 30, 2022, 2:33 am EDT

Exxon Going Green In Bitcoin Mining

Going green any way we can is an invaluable endeavor. So, when one of the big guys gets involved, it gives us hope that if successful, others will follow. That’s what Exxon is doing, and it’s exhilarating. Exxon is the largest gas company in the U.S. With an estimated net worth of approximately $350 billion; it’s needless to say that they are making a massive dent in our natural resources globally. Gas and oil are not the only ones with a reputation for using massive amounts of natural resources. Bitcoin mining also often gets a bad wrap for this. As

3 minutes