Crypto News

  Initial Coin Offering (ICO) is a method to raise funds based on the crowdfunding representation. It is not regulated by central authorities or banks and is a prominent fundraising method for startups to get investment.  2017 and 2018 are considered the important years for blockchain startups that hold ICOs. Since that year, the top ICO list has offered cryptocurrency investors all the newest and best Initial Coin Offering, also known as ICO Coin .  There are lots of listing websites, like Cryptoknowmics available on the internet that updates Top ICO List accumulating all the Active,Pre and Upcoming ICOs. Also, to find out the best ICO to invest in . Some best ICO to invest in are mentioned below: PointPay 2local Mina Protocol AUROX Token API3 The ICOs listed are the best collection from thousands of them. There is no need to go through and analyze new crypto on your own because Cryptoknowmics got you covered.  Read every feature that the new crypto is offering to ...

  Initial Coin Offering (ICO) is just like Initial Public Offering (IPO) in the cryptocurrency world. When a cryptocurrency company tries to raise funds for manufacturing more coins and expand the business, they usually go for ICO which is quite an effective way of increasing the supporters.  Many startup candidates offer products and services in return for these coins when such a phenomenon occurs.  The advantage of ICO is that you can utilize the coins at a much cheaper rate and expect to get great returns in the future.  It is considered a means of crowdfunding.  The future of ICO is something beyond anyone’s prediction. The point is the scope of any cryptocurrency depends on the number of users. As the number of users increases, the value of the cryptocurrency increases too. The only way to increase the number of users is to distribute the coins as much as you can. Therefore, it could be done only through ICO.  So it is better to say the future of cryp...

  Transaction of Bitcoin has made our lives much easier -  no mediator, no expensive fees and no waiting for long. But to store them in a safe place, you have to pick the right wallet for it.  A cryptocurrency wallet is an application that allows you to store your digital coins using private keys. It is of two types: hardware and software. There are various types of wallets to store your cryptocurrency, but the most recommended and useful wallet is mobile wallet . People who own phones that are functioned with Android have a wide variety of options to install Bitcoin wallets.  Storing Bitcoins on your Android phones is one of the bright progress you make. Storing your digital assets on the phone is useful. You can take them with you whenever and wherever you want to, you are in a safe zone from viruses that are more prone to desktops and it is hassle-free to scan QR code with your camera instead of typing long addresses.  It's very clear how mobile wallets are ...

  Since the beginning of the year 2020, Ethereum is the second largest cryptocurrency by market capitalization. The token has increased by more than 70%. It is a decentralized open-source blockchain described in a 2013 whitepaper by Vitalik Buterin. The main objective of Ethereum is to build decentralized apps (dApps) on top of the blockchain.  People across the globe are getting engrossed in the blockchain and everyone is seen creating dApps. Ethereum runs dApps through the medium of using smart contracts. It is described as a computer code that puts away itself automatically after the conditions of the contract between two parties have been met. Earlier when Ethereum was just introduced in the market, people were more interested in trading and investing rather than adding dApps in the blockchain network. In today’s world, there are best dApps for Ethereum. For example, Idex, Forkdelta, Bancor, CryptoKitties, and LocalEthereum.  The idea of Ethereum is to change how appl...

  A cryptocurrency is a digital currency that is used to buy and sell goods and services that uses an online ledger which is derived from the encryption techniques to secure online transactions. It is easy to transfer funds directly between two parties and no central authority or government can access your funds or any personal information.  Few examples of cryptocurrencies are Bitcoin, Ethereum, Litecoin, Cardano, Polkadot, Binance Coin, XRP and many others.  A lot of people find cryptocurrency as a medium of earning money from them. But the question is, how to earn money from these digital assets. The answer is very simple, by mining. Cryptocurrency mining is a process in which a machine performs certain tasks to obtain a little bit of cryptocurrency. Unlike Bitcoin and other cryptocurrencies, Ripple mining is not possible. Why? Let’s find out.  Ripple’s XRP is one of the top cryptocurrency in the market. It has gained a lot of popularity over the past few years be...

  Ripple acts as a digital currency as well as digital payment network that offers a much faster, cheaper and easy way to exchange currencies and send money across the globe. It was co-founded by Chris Larsen and Jed McCaleb. The coin for the cryptocurrency is labelled as XRP.  People raise several questions about the digital asset, how to buy and how it is used. There are few frequently asked questions about XRP that are mentioned.   How Do I Buy XRP? There are several cryptocurrency wallets and exchanges to buy and sell the digital assets worldwide. There are trustworthy websites from where you can purchase your cryptocurrency. For example, Coinbase, Binance, Bybit and CEX.io Every exchange has a different process of purchasing XRP.  Is XRP Centralised or Decentralised? This is one of the most frequently asked questions that people ask if XRP is decentralised or centralised. According to its website, it mentioned that XRP is based on open-source and is decen...

  We often get notified on our smartphones and laptops for system updates. In every software, it is necessary to fix its deficiency and improve performance. Such updates in the crypto era are called, ‘forks’. Cryptocurrencies are decentralized and participants (or nodes) are expected to follow a set of rules and regulations to work in the same structure. These rules are known as ‘protocol’.  Currently, there are two types of forks present in the crypto world - soft fork and hard fork. Let's get into the definition of what is soft fork . It is a substitute in the cryptocurrency protocol but is backward-compatible. Backward compatibility is the property of a system that is used with the older piece of hardware or software without special conversion and variation. The nodes, even when not updated, will be able to proceed with transactions and send new blocks to the blockchain until and unless they disrupt the new protocol rules. This is what soft forks mean in simpler words. T...

 A few days ago, the Finance Minister, Nirmala Sitharaman said that India won’t close all options when it comes to cryptocurrency. There seems an acceptance to seize blockchain but a fair bit of reluctance when it comes to cryptocurrencies. Cryptocurrencies work using blockchain technology. It is decentralized which means it is not issued by a central authority and it cannot have access to your funds and personal information.   Although the government does not consider cryptocurrencies as a legal choice, it has gained popularity among the citizens. Investing in digital currencies like Bitcoin, Ethereum and other altcoins is central in India. We need to see how the government of India considers cryptocurrency investments. Here are some crypto exchange platforms where you can buy cryptocurrencies in India .  WazirX: It is India’s most trusted and secured cryptocurrency exchange. WRX is a token created by WazirX. Over 1 billion WRX have been created. It provides P2P tr...

  Cryptocurrencies have gained a lot of popularity over the past few years although it was first coined in the year 2009. The digital token has changed the way industries and businesses worked before and grown new opportunities for individuals and entrepreneurs.  The invention of cryptocurrency led to the introduction of a new technology called a blockchain. Blockchain technology is considered to be the foundation of Digital Cryptocurrency Bitcoin. It's a specific type of database and is complicated. It collects information in portions and has a certain storage capacity thaṭ is chained together. The most popular use of blockchain is Bitcoin (a cryptocurrency that is highly secured and easy to transfer funds between two parties over the internet.) It is estimated ṭhat more than 6,700 cryptocurrencies are traded publicly. The famous cryptocurrency exchange is a coin base . With the help of coinbase, you can create a wallet as well as buy/sell bitcoin in other cryptocurrencies....

  A Security Token Offering (STO) is the advanced version of Initial Coin Offering (ICO). It is considered a secure way to raise investment using digital tokens and combines the profit of initial coin offering with the force of organized financial securities. It is combined with the technology of blockchain with the requirements of organized securities markets to support repayment of assets and the wider availability of finance. It helps secure the rights of investors by placing legal and financial commitments over the security sender.  It is created with a smart contract on the network, like Ethereum.  It is certain financial security similar to holding shares and stocks in a company. A popular example of STO is Nexo. This platform provides instant loans with competing rates and successfully raised $52.5 million during token sales. The larger part of Nexo shareholders is major shareholders of Credissimo, the fintech group which gives Nexo more probability.   STOs ar...

  Blockchain Technology has gained a lot of reputation lately in a few years. It is considered to be the Digital Cryptocurrency Bitcoin. The blockchain technology was described by two researchers, Stuart Haber and W.Scott Stornetta who wanted to implement a system where the document’s date and time would not be interfered with. The objective of this technology is to allow digital credentials to be recorded but not to change.  Blockchain technology has not only reached far beyond finances but also helps society in a way to vote in democratic elections. The nature of blockchain assurance means that dishonest voting would become far more difficult to take place. The technology is also very reliable for storing information and other transactions as well. It is best recognized as a decentralized ledger that reduces the cost of intermediators, such as banks. It resolves money transfer at a really fast pace which saves a lot of time and money to provide convenience to the customer al...

  Tezos was founded by Arthur Breitman who worked as a quantitative analyst at Goldman Sachs and Morgan Stanley. It was launched in 2017 at Initial Coin Offering (ICO) and it worked very well to break records with its initial investment of $232 Billion. But post the success, investors and traders have stopped spending on this cryptocurrency because of its performance. Now that the tables have turned around its performance has improved and it has shown some growth in these past years.    Tezos (XTZ) is like other dApp and smart contract platforms like NEO, Ethereum, ICON which makes them different from other platforms. It is a self-qualifying cryptographic ledger that can expand according to the needs of the service without getting diverged from time to time. It has created a digital society where everyone has expected that their voices will be heard and share complete honesty.  Tezos dApps platforms provide four services, the Node, The Client, The Baker, and Attacker...

  2020 was not a favorable year for most of us. The pandemic hit us like a rock and business and the economy of every country suffered a loss. But the crypto industry gained the most during this time. The pandemic came as a boom to the crypto and blockchain industry. It is one of the fastest-growing industries today with business going Defi and thousands of Dapps being launched the crypto industry boomed and saw heights of success. Bitcoin made headlines in the last quarter of 2020 by hitting an ATH almost every day.  The crypto industry has a market cap of $1 Trillion today. Therefore, it speaks about the potential the industry holds today.  It seems like many major investments from giant institutions and even retail investors are aimed towards that direction. Therefore, you definitely don’t want to miss out on an industry like this, or to know about an industry like this. Therefore, if you want to know about cryptocurrency’s latest news today , then follow the Cruptokbn...

  An initial coin offering (ICO)  is a type of fund-raising activity in the cryptocurrency and blockchain environment. It is seen as an Initial Public Offering (IPO) which uses cryptocurrencies. To raise capital, startups use ICO.  The profit of ICOs is they remove intermediators from fund-raising activities and create a direct connection between investors and company. There are two types of Initial Coin Offering (ICO), public ICO and private ICO. In private initial coin offering, only a restricted number of investors are allowed to participate in the process. In Public Initial Coin Offering, offers the public to enrol in target.  The increase of cryptocurrencies and blockchain technology has enhanced the popularity of ICOs. through this platform, investors receive special cryptocurrency tokens in exchange for expenditure in the business. They basically remove intermediaries, basically those who are referred to as commercial banks, investment banks, mutual funds and ...

  Tezos is a digital token linked to a blockchain network, also known as a tez or tezzle. Tezos is an open-source blockchain protocol for assets and applications backed by a global community of authorizers, researchers, and builders . It has survived the cryptocurrency bear market because of its unique mechanism, called, proof of stake mechanism. It is assumed to be secure, adaptable, and built to last long. It is derived from Greek word, meaning ‘ smart contract ’.  Tezos was invented by Waymo engineer Arthur Breitman who once worked at Goldman Sachs and Morgan Stanley as a significant analyst. During the month of August and September in 2014, Breitman released the Tezos Position Paper and white paper. Tezos are designed in such a way that the score and apply restrictions become part of a state which is fluctuating through making its ledger rules self-governing.  The network of Tezos remains decentralized. It includes a mechanism that allows for collective decision-mak...

  In the past few years, all of us have noticed a visible growth in the crypto world or virtual money transactions. This has further led to a significant increase in the popularity of Bitcoin, Ethereum, and many other cryptocurrencies.  WAX- It is a short form of Worldwide Asset eXchange. It is the next step in the gaming industry to make it easier for the games to sell or buy their skins. It is a single global market that allows all the gamers to buy or sell all the virtual items. WAX makes it easier for gamers to choose from a wide range of databases around the world through the WAX tokens. It is specially designed to buy and sell skins. It also helps them to buy cheaper skins on the platform and is available worldwide.  There are many decentralized apps on the WAX platform which are  Atomic assets Simple Assets WAX.gg WAX RNG Bountyblok.io EOS Mechanics VELES WAXY Claim Bot WAX Badges Timelock WAX Decentralised Apps or DApps succeed because it is a platform contr...