Awareness of crypto is going up, but that doesn’t mean the understanding of them is too. A recent March study held by the Ontario Securities Commission surveyed more than 2,500 Ontarians on their involvement in cryptocurrency, and the results are both expected and surprising. Firstly, it was found that five percent of Ontario residents own […]
Looking for free cryptocurrency? Airdrops are your best source, but what are they and how do they work? Unfortunately you can’t jump into your cryptocurrency fortune like Scrooge McDuck. Credit: ShutterStock An Airdrop is a process by which a blockchain company will distribute their specific cryptocurrency to users, usually for free. This cryptocurrency reward system […]
Of the more than 17 million bitcoins currently in circulation, an estimated four million of those are lost forever. That’s 24% of all bitcoins. And more than a few unlucky individuals’ missing fortunes… This is foreshadowing. Remember this. One particular bitcoin miner (who won’t reveal his name because his wife would kill him if she […]
The early days of Bitcoin were the Wild West. Thousands of dollars’ worth of coins could be mined from a PC in a single day, but almost nothing could actually be done with them. That’s how, on May 22nd, 2010, bitcoin owner Laszlo Hanyecz revolutionized the usage of cryptocurrency by spending 10,000 of the coins […]
Bitcoin is commonly said to use as much electricity as the whole country of Ireland, but is this actually true? And will it bring the end of the world as we know it? And is this image ominous enough for you? Since Bitcoin exploded into the mainstream, there’s been a lot of sketchy math to […]
Today, singers like Björk are encouraging their fans to buy their music using cryptocurrencies like Bitcoin and Ethereum. But this wasn’t always the case… Lily Allen, the Regretful Singer in question. Credit:Shutterstock As the story goes, back in 2009, English singer Lily Allen was propositioned to play a gig. The catch? She would be performing […]
You may understand the fundamentals of cryptocurrency, even specific coins like bitcoin. But if you really want to get into the crypto scene, the most important aspect you’ll have to learn is the concept of wallets. Cryptocurrency wallets work much like your own wallet now, but with even more features. It can store a variety […]
We previously discussed the differences between crypto coins and tokens, and we learned that tokens are specifically offered through ICOs. But that was just the beginning because tokens themselves come in a few different flavours. And the two most prominent types are security and utility tokens. But which should you invest in? Utility Tokens Utility […]
If you’ve had trouble following the news the past few weeks, I don’t blame you. GameStop, Robinhood, short squeezes and options, hedge funds, r/wallstreetbets, and now Bitcoin. Previously obscure and technical terms for nerds like me are making their way into the mainstream and everything seems to be going to the moon ???. The end […]