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The Role of Cryptocurrency in the Fight against Corruption and Money Laundering

18Mar

By Alphonso BernierNo Comments

Crypto, Crypto News, Cryptocurrency, Cryptonews

The Role of Cryptocurrency in the Fight against Corruption and Money Laundering

Introduction Cryptocurrencies have been both praised and criticized for their potential to facilitate illegal activities such as corruption and money laundering. However, there is evidence to suggest that cryptocurrencies can also play a positive role in the fight against corruption and money laundering. In this article, we will explore how cryptocurrencies can help combat corruption and money laundering, as well as the challenges and risks associated with their use. Cryptocurrencies as a Tool for Transparency One of the key benefits of cryptocurrencies is their ability to provide transparency and traceability in transactions. Every transaction on the blockchain is recorded in a public ledger, which makes it possible to track the movement of funds from one address to another....

16Mar

By Alphonso BernierNo Comments

Blockchain, Crypto, Crypto News, Cryptocurrency, Cryptonews, Web3

Types of Decentralized Exchanges

Decentralized exchanges (DEXs) are a type of cryptocurrency exchange that operates in a decentralized manner, allowing users to trade cryptocurrencies directly with each other without the need for a centralized intermediary. There are several types of DEXs, each with its own unique characteristics and features. In this article, we will explore the different types of decentralized exchanges. Order-book based DEXs Order-book based DEXs operate similarly to centralized exchanges, where buy and sell orders are matched through an order book. These DEXs typically use smart contracts to manage the order book, which contains a list of buy and sell orders, and executes trades when the buy and sell prices match. One popular order-book based DEX is UniSwap, which is built on the Ethere...

What is Coin Burn In Cryptocurrency? Why Are Coins Burnt?

13Mar

By Alphonso BernierNo Comments

Crypto, Crypto News, Cryptocurrency, Cryptonews

What is Coin Burn In Cryptocurrency? Why Are Coins Burnt?

Cryptocurrency has introduced a lot of new concepts to the world of finance, and one of the more interesting concepts is "coin burn". Coin burn is a process in which cryptocurrency tokens or coins are purposely destroyed, usually by sending them to a public address where they cannot be accessed or retrieved. In this article, we will explore what coin burn is, why coins are burnt, and its impact on the cryptocurrency market. What is Coin Burn? Coin burn is a process that involves the permanent removal of a certain number of tokens or coins from the total supply of a cryptocurrency. This means that the coins that are burnt are effectively taken out of circulation and can never be used or traded again. The act of burning coins is usually done by sending them to an address that is ...

The Role of Cryptocurrency in the Future of eCommerce

1Mar

By Alphonso BernierNo Comments

Crypto, Bitcoin, Crypto News, Cryptocurrency, Cryptonews, Dogecoin

The Role of Cryptocurrency in the Future of eCommerce

Introduction to Cryptocurrency and eCommerce Cryptocurrency is a digital or virtual currency that uses cryptography for security. eCommerce refers to buying and selling products or services online. The use of cryptocurrency in eCommerce is becoming increasingly popular due to its benefits, such as faster transaction times and lower transaction fees. Benefits of Using Cryptocurrency in eCommerce Using cryptocurrency in eCommerce offers several benefits, such as increased security, faster transaction times, and lower transaction fees. Cryptocurrency transactions are also irreversible, reducing the risk of chargebacks and fraud. Challenges of Using Cryptocurrency in eCommerce Despite the benefits, using cryptocurrency in eCommerce comes with some challenges. One of the main challenges i...

MiniSHIB: A Meme Coin With A True Purpose Towards Animal Welfare

3Aug

By Alphonso BernierNo Comments

PR Wire

MiniSHIB: A Meme Coin With A True Purpose Towards Animal Welfare

Cryptocurrency is flourishing and is also becoming a means to make passive money. Even though it was originally created as a medium of exchange for money and other assets, crypto as a currency is finding its place in the world. It is also one of the biggest communities full of enthusiasts who are real investors and holders. Crypto enthusiasts are all over Reddit and Twitter, commenting, sharing their opinions and most importantly making memes. Meme making, even though started for hysterical reasons, has become a major method of marketing. The main building block behind the crypto world is its communities. The people are the ones who provide holdership and liquidity to these. Meme coins are like the celebrities of crypto. They are always on the news with some sort of trend and are also e...

2Aug

By Alphonso BernierNo Comments

Press Release

CRYPTOMOB 42 GANG – AN INTRODUCTION

NFT stands for non-fungible token. NFTs have emerged as a multi-billion dollar industry in the past couple of months. According to statistics, the sales of NFTs were recorded to be more than $2.5 billion in the first six months of 2021. A lot of artists designers, actors, singers, and other popular personalities are showing interest in NFTs. Cryptomob 42 is the representation of people who are in favor of identifying themselves in a group and also aim to make something positive out of this association. Cryptomob 42 is a project that consists of a collection of 1420 Cryptomob 42 NFT. This digital collection is available on the Ethereum. This project aims to create an NFT collection that is fun and would also serve as a digital avatar. This project also aims to create a more engaging exp...

Smart Doge – A Token Smarter Than You, Is Here

2Aug

By Alphonso BernierNo Comments

Press Release

Smart Doge – A Token Smarter Than You, Is Here

Cryptocurrencies are digital or virtual currencies that are protected by cryptography, making them difficult to counterfeit or double-spend. The blockchain is a distributed ledger that is enforced by a disparate system of computers. Decentralised networks-such as cryptocurrencies-are based on this technology. As cryptocurrencies are generally not issued by authorities, they should be immune to government manipulation or interference. What is DeFi ? Blockchains and Decentralised Finance, or DeFi, have helped the blockchain industry and the world at large. Because cryptocurrency is a decentralised store of value and highly secure, DeFi leverages decentralisation to create a decentralised financial instrument available to anyone without tying them to traditional financial institutions. In...

16Mar

By Alphonso BernierNo Comments

Press Release

CryptoUnit Project Fraud

As a lot as we’re all conscious of the prevalent nature of scams on the web, it’s an eyesore to see folks fall for these items. However hey, folks should pay payments, even with out holding down jobs. The unlucky factor about these scams isn’t the outrageous claims made, however the gullibility of the victims. It’s unhappy, but annoying that individuals aren’t doing sufficient analysis earlier than investing in scams. Not all initiatives are scams. There are real companies providing the general public a small stake for much-needed funding. But, there are these initiatives with large ROI that you must have a look at twice to make sure you’re not dreaming. If it seems too good to be true, it’s a entice. Then there’s the brand new faculty rip-off that has infiltrated blockchain and t...

Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin (GBTC) | Currency News | Financial and Business News

24May

By Antoinette TurnerNo Comments

PR Wire

Billionaire investor Paul Tudor Jones says he’s loading up on bitcoin (GBTC) | Currency News | Financial and Business News

REUTERS/Eduardo Munoz Billionaire investor Paul Tudor Jones is buying bitcoin, Bloomberg reported Thursday. The hedge fund manager said his fund may hold as much as a low single-digit percentage of its assets in bitcoin futures to help protect against a rise in inflation, according to the report. Paul Tudor Jones is the founder and CEO of Tudor Investment Corp., which managed $38.4 billion as of March 30, according to data from the SEC. Visit Business Insider's homepage for more stories. Billionaire hedge fund manager Paul Tudor Jones is buying bitcoin, Bloomberg reported on Thursday. Jones told his clients in a market outlook note that he believes bitcoin will serve as a hedge against a jump in inflation he thinks is coming, due to central banks printing money and sharply expanding their ...

A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset | Currency News | Financial and Business News

23May

By Antoinette TurnerNo Comments

PR Wire

A hedge-fund chief overseeing $2 billion shares 5 reasons he sees bitcoin surging 900% by the end of 2021 as Paul Tudor Jones dives into the asset | Currency News | Financial and Business News

Reuters / Dado Ruvic Mark Yusko, the CEO and chief investment officer at Morgan Creek Capital Management, shared several reasons he thinks bitcoin's price will hit $100,000 by the end of 2021. Yusko said it would be "perfectly logical" for bitcoin to hit $400,000 to $500,000 if its market capitalization moves toward that of gold. The call comes after the legendary investor Paul Tudor Jones' recent disclosure that he's built a stake of bitcoin futures, making him the latest investment mogul to buy the cryptocurrency. Click here for more BI Prime stories. With the legendary investor Paul Tudor Jones disclosing purchases of bitcoin futures for the first time, it's become increasingly clear that market denizens who were once skeptical about the cryptocurrency are revisiting their stance. But M...