Over the last couple of years, numerous countries worldwide have issued statements concerning their plans for developing central bank-backed digital currencies (CBDCs). CBDCs are basically the direct response of governments to cryptocurrencies as we know them. After all, if the digital currency market is here to stay, countries want to preserve their national fiat currencies…

During the last couple of years, Ethereum use cases have increased exponentially in countries throughout the world. Recent reports indicate that a few days ago, IKEA Iceland was happy to use the Ethereum blockchain, in order to settle an invoice it had with a local retailer. To put things into perspective, the transfer was facilitated…

The increasing popularity of blockchain technology and cryptocurrencies has encouraged most of the world’s tech companies, to research the market and work on innovative crypto projects. Apple is the newest company to join the race, following its recent announcement of the CryptoKit framework. Understanding CryptoKit Functionalities To put things better into perspective, CryptoKit represents a…

One of the main selling points of cryptocurrencies is the fact that they offer a superior degree of privacy when compared to traditional fiat currencies. As such, Bitcoin, Ethereum and the like are all semi-anonymous, meaning that users do not have to share any personal data. Regardless, the blockchain network publicly stores information on all…

It’s very likely that one of the biggest risks towards cryptocurrency credibility rests in the fairly large number of attackers targeting digital currency exchanges and wallets. While the number is certainly not big enough to put you on high alert, it can’t be ignored either. Recent reports indicate the security of wallet provider GateHub…

Recent reports indicate that a 51% attack has been carried out on the BitcoinCash (BCH) blockchain, where two mining pools decided to reverse several transactions confirmed by another miner. From the start, it is important to mention that this is not an ill-willed attack, meant to take control over the BCH blockchain, but rather an…

Over the last couple of months, governments and central banks throughout the world have issued their own response to the digital currency revolution – central bank digital currencies, known as CBDCs. While most of these projects are work-in-progress, they do showcase how digital currencies will actively shape our lives in the future. According to…

The last couple of years have brought along numerous advancements for the digital environment, yet the internet is still dealing with the challenge of figuring out smarter solutions for online identity management. Granted the massive number of online platforms and the billions of users who access these websites on a daily basis, the digital market…

There was a time when China was considered to be home to the world’s largest number of cryptocurrency traders and miners, things have changed since. China’s laws to curb the industry, alongside the increasing popularity of the market, have caused the Asian country to lose the top rank. DataLight Study Showcases Top 20 Countries by…

Over the last couple of years, numerous governments and financial institutions have experimented with blockchain technology, granted its increasing popularity. Now, recent reports indicate that in an attempt to learn more about how blockchain technology and cryptocurrencies work, the International Monetary Fund (IMF) and the World Bank have launched an educational blockchain-based token. The coin…