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Cryptocurrencies carry features and abilities unlike other systems of exchange. But to make them more understandable, they borrow names from age-old financial systems: currency or coin. For instance “stablecoins.” This article will explain some of the basic workings of cryptocurrencies and, in particular, stablecoins to help you decide if they’re for you. Table of Contents Cryptocurrency FundamentalsHow Stablecoins Are DifferentHow Do Stablecoins Work?Stablecoins Use CasesStablecoins Pros and ConsThe Essential Nature of Stablecoins Cryptocurrency Fundamentals To understand stablecoins we must first look at the world of cryptocurrency. Cryptocurrencies are based on cryptographic software to preserve their integrity, making them difficult to…
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Relai is also expanding its UX to make purchasing bitcoin easier as Europeans can now instantly buy bitcoin 24/7 with Visa, Mastercard and Apple Pay. Relai partnered with Checkout.com to enable 24/7 bitcoin purchases. Users can pay for bitcoin with Visa, Mastercard and Apple Pay. Relai is also expanding its UX and making the buy-flow easier to use. Relai, a Swiss-based bitcoin app, has partnered with Checkout.com enabling 24/7 bitcoin purchases in Europe through user-owned wallets, per a release sent to Bitcoin Magazine. “At a time when it’s increasingly important for people to have control over their money, we are…
Binance.US, the U.S. partner to the world’s largest crypto exchange and America’s home to buy, sell, trade, convert and stake digital assets, today announced the appointment of decorated former Federal Bureau of Investigation agent, BJ Kang, as the company’s first Head of Investigations. In this role, BJ will lead and oversee all aspects of Binance.US’ commitment to protect users by partnering closely with law enforcement, regulators and industry peers – along with building Binance.US’ own investigations infrastructure – to identify and mitigate criminal activity related to digital assets on the platform as the company continues to strengthen its legal, compliance…
Which is the real deal: Ethereum or Ethereum Classic? Don’t let the names fool you. They’re pretty much the same age. So, what is the difference between Ethereum vs. Ethereum Classic? And does it matter? This article will help you understand the basics so you can decide which one is right for you. But first, let’s discuss how blockchains and hard forks come into play. Table of Contents The Ethereum BlockchainAnatomy of a Hard ForkEthereum vs. Ethereum Classic: How Do They Differ?Ethereum vs. Ethereum Classic: How Are They Similar?Ethereum vs. Ethereum Classic: Which One Should You Buy?How to Buy Ethereum…
Bitcoin now has multiple entries in the Guinness Book of World Records, including most valuable and the first decentralized cryptocurrency. Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the “first decentralized cryptocurrency.” “Bitcoin was developed as a solution to the challenge of regulating a digital currency without any centralized organization,” reads the entry. Indeed, Bitcoin does offer decentralized consensus through proof-of-work, as Guinness mentions, though the record keeper does seem to still be learning how Bitcoin works. “Each node (i.e.,computer) represents a validator, also called, in the…