Stellar is a distributed network that allows users to generate, transmit, and exchange various cryptocurrencies. It was founded in 2014 and debuted in 2015 to connect the world’s financial systems into a single network. Like any other blockchain-based decentralized platform, Stellar is distributed over numerous servers, and this implies that a single entity does not supervise the operation on the platform. Working of Stellar (XLM) Stellar cryptocurrency is powered by a semi-decentralized consensus architecture that has been built for every important currency in the world, including the GBP, USD, EUR, and others. Each financial transaction takes two to five seconds...

Cryptocurrencies are highly volatile assets, and therefore users should do thorough research before investing in any of them. The prices may change abruptly, and thus users should be aware of the risks and rewards of investing. What is Ethereum Classic (ETC)? Ethereum Classic (ETC)is an open-source and decentralized cryptocurrency platform created due to a hack in the original Ethereum blockchain network in 2016. Like the original Ethereum network, Ethereum Classic also uses Smart Contracts that are autonomous digital applications based on the “Code of Law.” However, Ethereum ETH is considered more legitimate than Ethereum Classic, ETC. History of Ethereum Classic...

Fantom has been expanding its value proposition over the past few months. The network recently added leveraged DeFi to its operations, increasing its reach in the cryptocurrency market. The Fantom ecosystem is already compatible with Ethereum that operates on JavaScript and JRE (Java Runtime Environment.) Fantom has quickly become a highly scalable blockchain platform for crypto dApps, and DeFi developed on a consensus mechanism via its aBFT (Asynchronous Byzantine Fault Tolerant) PoS. The latest integration has boosted Fantom’s market position significantly. It is evident by the fact that traders are looking for a viable Fantom price prediction globally. If you’re...

Cryptocurrencies are earning their seats in the modern world as a form of payment. Many platforms supporting traditional payment forms have extended their list to accept Cryptocurrencies as well. IZEA is one such platform that has added Litecoin and three more cryptocurrencies to the list of payment forms. The platform has started accepting Bitcoin and Ethereum. Doge, Litecoin, Shiba Inu, and CRO are new cryptocurrencies announced to join that list. Background Influencer marketing is on the rise. Candidates with a talent to engage their audience through content and creativity are driving big businesses closer to achieving their marketing objectives. IZEA...

Binance is a popular cryptocurrency exchange platform, and BNB is the native token of this platform which you can use to stake, trade, or swap coins. The users get 50% off in trading fees who use BNB on that platform for trading activities. It is an ERC 20 token with a hard cap of 200 million. It is also used to make gas payments on the decentralized exchange. In 2018, it added new features for the users to collect dust. Moreover, it can be traded on the open market and stored in any wallet that supports ERC 20 tokens. Binance...

Live events are going out of fashion, and digital events are becoming the new cool. It is not just because of the Covid-19 pandemic but also because of the wide reach that it offers at a lower cost. Events are more critical to the manufacturers of electronic devices. Digital events can definitely give them the much-needed worth for every penny. However, with the metaverse in the picture, they can take the events to the next level. Samsung, for one, has taken the lead in this category by making a very important announcement. Digital Launch Of Galaxy S22 And Galaxy Tab...

If there is one thing that could really bring the reputation of cryptocurrencies down for good, that would be the rate at which these projects consume energy for mining. Bitcoin has been scorned several times for its indifferent attitude towards carbon footprints left during mining. The issue has become so alarming that some states, like the Republic of Kosovo, even brought restrictions on Bitcoin mining. A few months ago, Elon Musk backed off from the decision to accept Bitcoins for Tesla purchases citing the coin’s tendency to leave huge amounts of Carbon footprints. Energy consumption has become a signifier in...

In the morning of February 3, Wormhole had to wake up to a distress call that announced the loss of 120,000 ETH. The attacker has managed to maximize a bug to transfer Ethers valued we’ll over 300 million dollars. Blames are shifted towards the version of solana_program, which failed to verify the addresses that used the cross-chain bridge. The platform is currently working towards maintaining the 1:1 ratio of ETH and wETH to get the network back online before the problem becomes persistent. The official website of Wormhole went offline ever since the attack. Solana is one of the fastest-growing...

Users can start earning rewards on their TRX now by going to the Earn area of the account. Residents of the United States, Canada, Australia, and Japan are not eligible for TRON Staking. TRON is a blockchain platform with smart contracts that allows developers to create their own decentralized apps (dApps). TRON uses Delegated Proof of Stake (DPoS), which allows TRX token holders to vote on who can receive rewards for verifying transactions on the network. TRON’s goal is to establish a decentralized Internet. Find more information about why TRON matters in the linked article. Users may earn up to...

Vitalik Buterin, the Ethereum co-founder, recently announced receiving 100 million dollars back from India Crypto Relief Fund. Vitalik previously donated Shiba Inu to the CryptoRelief, out of which the project is returning 100 million dollars. The Ethereum co-founder has already set up a new venture named Balvi to redirect the received funds to other crypto-based relief projects globally. The amount received by Vitalik roughly amounts to 745 crores INR, making it a huge deal for both parties. You can get more information here about the potential of Ethereum. Vitalik stated that Balvi would primarily focus on deploying the SHIB funds...