In 2014, oil prices in Venezuela started to plummet, triggering the worst financial crisis in the country’s history with its effects still lingering to this day. The crisis began shortly after the death of president Hugo Chavez in 2013 who was viewed as a hero in the country for drastically improving Venezuela’s economy. The downturn … Read moreWhat Happened To Venezuela’s Cryptocurrency, Petro?
Like politicians backtracking on their promises, many people are confused by the concept of centralized cryptocurrencies. Weren’t they built for the exact opposite purpose – for decentralization? It’s confusing. Just under a decade after the launch of Bitcoin, we’re now faced with the concept of cryptocurrencies being managed (and potentially controlled) by a single organization … Read moreThe Curious Case of Centralized Cryptocurrencies: How Do They Work?
One of the reasons why governments around the world have banned or restricted digital coins is due to a growing risk of crypto scams. If you’re already investing in cryptocurrency, that means you could be at risk. If you want to start investing, you should know the risks beforehand so that you’re not jumping into … Read more5 Cryptocurrency Scams You Should Watch Out For
If cryptocurrency was a musical band or group, Bitcoin would be the lead singer. After all, it gets the most attention and paved the way for the others to get their spotlight. But a band or group isn’t much without its supporting talent. If you think of the musical trios, quartets and others who introduced … Read moreA Brief Look At Altcoins No One Really Talks About
What is the ERC 20 Standard? If you’re a big fan of Ethereum, you’ve no doubt heard that ERC 20 is the standard all tokens on the Ethereum network use. But what is it really? In this article we’re going to try our best to explain the fundamentals of this and why it is so … Read moreERC 20: A Beginner’s Explanation Of This Ethereum Interface
Investing in Initial Coin Offerings (ICOs) – Things to Keep in Mind Initial Coin Offerings (ICOs) are currently the craze in the technology industry. ICOs are a method of raising capital that does not require a company to go public or issue shares. Instead, companies will sell cryptocurrencies or tokens to the general public to … Read moreInvesting in ICOs: What You Should Know
Emerging Canadian Cryptocurrency and Blockchain Companies In an earlier article, we covered the different events and organizations in the crypto-blockchain space. This time, we’ve compiled a short list of cryptocurrency and blockchain companies that are doing some amazing work. If you’ve been to a lot of tech events and stay up-to-date with industry news, you … Read moreCryptocurrency and Blockchain Companies In Canada
Blockchain/Crypto Events, Organizations and Meetups Ever since cryptocurrencies started gaining more attention worldwide in the latter half of the 2015s, many crypto events have appeared worldwide. Let’s take a look at some of these events and organizations located in Canada. Untraceable Untraceable was one of the first organizations to start running blockchain and cryptocurrency … Read moreBlockchain and Crypto Events in Canada
Cryptocurrency definitions are a weird bunch, and the term cryptocurrency fork is no exception. After all, it’s unusual to link a run-of-the-mill dining utensil to a virtual currency. But the concept of a cryptocurrency fork is an important one, not only for people on the technical side of things. It’s even worth learning what a … Read moreCryptocurrency Fork: A Bite-Sized Explanation
Even if you’ve never bought a crypto coin in your life, you most likely know by now that they have to be mined. In essence, they’re no different from having to mine for gold and silver. But of course, crypto coins aren’t physical coins, so you couldn’t head into a gold mine and expect to … Read moreWhere Do Coins Come From? Cryptocurrency Mining Explained For Newbies