What is Libra
Libra, let’s get started: Technology has improved the world around us, it is easy to send text, pictures and documents but why not money?What if we make the money truly global, stable, and secure. What if everyone was invited to the Global economy with access to the same financial opportunities.This thought laid a pavement for Introducing LIBRA a new global currency designed for the digital world, backed...
I Vow To Thee, My True King Bitcoin
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. The following article is a macro view of the cryptocurrency market. Altcoins will continue their path into a steady, slow and painful death.Mainly because they were indeed in a bubble. However, Bitcoin will...
Bitcoin: The new digital Black Hole of the Century
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. The following article is an update on the recent run-up over 16’700$ (17th November) and the investor sentiment in which Bitcoin currently is. The article will elaborate on Plan B’s Stock-to-Flow model (S2F) for...
Vinnik: ‘fake’ interrogation by French prosecutors
Alexander Vinnik's lawyer, a Russian citizen suspected of attempting to launder between $ 4 and $ 9 billion through the former exchange BTC-e, qualifies the interrogation of his client as 'fake'. The French authorities in charge of the investigation had not had the authorization to question down Vinnik this Tuesday, August 28. Vinnik case, The Rebirth If some enthusiastic cryptos have...
South Korea: Bitcoin classified as a financial asset
After Russia last summer and Ukraine last October, it is now the turn for South Korea to qualify Bitcoin as a financial asset. South Korea and Bitcoin, a tumultuous love story. At the beginning of the year, a wave of panic had blown not only on the crypto community but more especially cryptocurrencies' price. Also called 'The Bitcoin Country', South Korea...
Ethereum 2.0: Explanation & Assessment – 2021 Update
This last quarter of 2020 has seen large market gains alongside both excitement and criticism of the Ethereum platform. The first phase of the 2.0 update has been successfully implemented and an increased throughput is expected to solve historic problems of scalability and cost. However, some critics hold valid concerns and there are still several challenges to overcome on...
Iran: in the footsteps of the Venezuelan Petro
Penalties, hardening and bilateral relations between the United States and Iran have been steadily worsening over the last two years. The economic sanctions now weighing on the country of Hassan Rouhani could, in addition, have a negative impact on the economy of this country - OPEC's second largest oil producer - slowing global growth. Nevertheless, this diplomatic failure allows a...
Beam : a formal approach for privacy coins
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Summary Market Capitalization: USD 56'970 Mio. Coin Market Cap Ranking: #116 Validation: Proof of Work Algorithm: Equihash (modified, forked every 6 months to counter ASICs) Risk: Crowded field (Zcash, Monero, Grin,
Bitcoin second layer solutions for privacy)No...
Binance hacked in a coordinated attack: $40 million stolen
Binance has been hacked in a coordinated attack. It resulted in $40 million worth of Bitcoin stolen. The famous crypto-exchange suffered a major security breach for the first time making a lot of noise and lifting quite an important controversy. It recently confirmed that it suffered a large scale hack in which 7,000 BTC ( ̴ $40 million and...
Getting Familiar With Cryptocurrencies
Cryptocurrency has always been one of the most controversial technologies we have today. To some, the controversy is primarily fueled by the inability of governments to control the supply and demand of digital assets. Meanwhile, others believe that the skepticism associated with cryptocurrency is as a result of ignorance. Cryptocurrencies for beginners In any case, one thing is certain; cryptocurrency will...