Altcoins and Stablecoins are two types of digital currencies that have gained popularity in recent years. They are alternatives to the more well-known cryptocurrency, Bitcoin, and offer unique features and benefits to users. Altcoins: Altcoins are alternative cryptocurrencies to Bitcoin. While Bitcoin was the first cryptocurrency and remains the largest in terms of market capitalization, […]

When they say it’s a historical upgrade, yes, it is. The Ethereum Merge is one phenomenal upgrade to drive from the proof-of-work (PoW) mechanism to proof-of-stake (PoS), called the Merge. The original Ethereum Mainnet has now merged with a separate proof-of-stake blockchain called the Beacon Chain and now together makes it The Merge. As a […]

The digital age has ushered in a new era of convenience and security when it comes to our personal belongings. In the past, if we wanted to move money or other assets around, we had to rely on physical means like cash or checks. This was not only inconvenient but also risky. With the advent […]

Moreover, digital currency would be available to banks and citizens and to people who today do not have access to bank accounts, who are excluded or completely excluded from the financial system. On that basis, a digital dollar could theoretically work like cash, with no delays, processing fees, and onboarding requirements, which would introduce Americans […]

Digital money or digital currency refers to any means of payment that exists in electronic or digital form. That means, no longer physically carrying currency but virtually holding them in a digital wallet. Digital money can be exchanged via technologies such as smartphones, credit cards, and online cryptocurrency exchanges. A digital currency, digital money, electronic […]

Most exchanges accept some form of a bank account or bank transfer as a payment method for Bitcoin. You can use a Bitcoin debit card or withdraw cash from ATMs (Visa and Mastercard are also accepted). In the US, you can withdraw your Bitcoin with an ACH transfer, which can take up to five days. […]

Like many leftist advocates of the digital dollar, experts say the blockchain technology that underpins cryptocurrencies does not require enough centralized trust. They see a forward-looking Ecash solution as a populist tool to combat inequality and make money more democratic by offering a token-based digital currency that stores assets such as a card or parallel […]

Everything you need to know about Ethereum Ethereum is a blockchain-based software platform that is essentially used to help the world’s second-biggest cryptocurrency or digital currency by market capitalization after Bitcoin. Like other cryptographic forms of money, Ethereum can be utilized to send and receive all around the world without any others accessing your transactions […]

As NerdWallet authors have noted, cryptocurrencies like Bitcoin are not safe, and prominent voices in the investment community have advised investors to stay away from them. A German fund targeting institutional investors has invested half of its assets in cryptocurrencies and managers are expected to take a cautious approach to weigh the risks of placing […]

The $100 billion infrastructure bill passed by the Senate includes a plan to help cryptocurrency brokers obtain tax reporting requirements similar to the way stockbrokers report to the IRS customer sales. One of the ways lawmakers proposed is to pay for $1 trillion in infrastructure legislation would be to introduce a tax reporting requirement for […]