Cryptolinks Cryptocurrency News Blog
Are Regulators and Corporations Embracing the Power of Cryptocurrency?
By:
Nate Urbas
21 September 2020
The crypto world has always faced backlashes as a result of its unregulated nature and the fact that young entrepreneurs use technology as a tool to defy long-standing financial bureaucracy. However, more than ever, we have begun to see more efforts on the parts of regulators and traditional institutions to understand crypto, integrate it with legacy systems, and capitalize on its commercial appeal. The result is a cascade of crypto developments that promise to expose the concept to a broader...
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Bugs, Liquidity And Yields: The Rise Of The DeFi Economy
By:
Nate Urbas
19 August 2020
The DeFi sector is currently playing an essential role in the ongoing crypto renaissance. The possibility of accessing improved financial services without all the hurdles associated with conventional banking processes has somewhat emerged as a compelling narrative. More so, the introduction of unique means of capitalizing on the interoperability and decentralized nature of DeFi protocols has spurred the sector to exhibit bubble-like characteristics. And so, it has become imperative to separate organically-generated developments and growth generated from hype. In this...
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Top Trends to Define the Crypto Industry in The Second Half Of 2020
By:
Nate Urbas
12 August 2020
It is hard to believe that we just passed the halfway point of the year, considering the ups and downs of 2020 so far. No one could have predicted at the beginning of the year that a pandemic will drastically alter the world economy and cause a global market crash. While it has been a bumpy year for a majority, the events, trailing the outbreak of the coronavirus pandemic, present new types of opportunities, especially for the blockchain and crypto...
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How Culpable Is Bitcoin in The Twitter Hack?
By:
Nate Urbas
28 July 2020
There is nothing new about Bitcoin being in the tabloids for the wrong reasons. As such, there were no real alterations in the price performance of the digital asset when news broke that hackers had breached Twitter’s security and launched a scam involving bitcoin. Regardless of the inconsequential nature of the actions of these hackers on the price of bitcoin, we, however, need to explore all loose ends. Chief among them is the fact that pundits have tried to twist...
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Use Case and Not Price Is the True Essence of Cryptocurrency!
By:
Nate Urbas
29 November 2019
It is no more news that the cryptocurrency market is a volatile landscape fueled by speculations and hype. While this assertion defines the present status of the market, it, however, does not highlight digital assets' main selling point. Maybe crypto practitioners are becoming blind to the fact that crypto has much more to offer than volatility-induced profits. As it stands, the crypto community is easily swayed by fickle price speculations. And this is evident in the recent price downturn of...
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Are Centralized Exchanges Hurting the Efficacy of Crypto?
By:
Nate Urbas
8 November 2019
From the looks of things, the travails of crypto are one way or the other tied to the operations of crypto exchanges. This assertion holds, considering the array of controversies these entities attract, and its effects on the image of crypto as a viable asset class. For one, recent news relating to crypto exchanges highlights the growing number of sudden closures, high profile hacks, and troubling lawsuits. The apparent lack of standards in the crypto exchange market is one of...
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The Ultimate Guide to Never Get Your Cryptocurrency (Bitcoin) Stolen
By:
Nate Urbas
17 October 2019
The bitcoin industry has grown over the last decade, transforming from being a geek’s hobby to a standalone sector that lawmakers and big companies are taking note of. From buying pizza to being one of the major performing assets in the last few years, bitcoin is playing a huge role in introducing a lot of people to cryptocurrencies. But this growth has also attracted the attention of criminals who are out to steal the digital assets from unsuspecting holders. Once...
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Fractional Reserve Bitcoining
By:
Nate Urbas
12 September 2019
Scaling solutions, banking in bitcoin, and institutions “Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the blockchain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.” Hal Finney Bitcointalk Forum December 30th, 2010 Key Takeaways: An old idea of institutions reserving bitcoin has been reignited after analyst Nic Carter published a detailed blog post which covers some of...
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Trump’s Remarks on Bitcoin Sparks a Crypto Debate Amongst Politicians
By:
Nate Urbas
24 July 2019
Donald Trump has become the first sitting US President to mention Bitcoin by name, an amazing feat given that the “magical, internet money” is just over ten years old, sparking a cryptocurrency debate amongst American politicians. President Trump is “Not a Fan of Bitcoin” While the US President’s remarks were negative, as the saying goes any publicity is good publicity. Trump wrote on Twitter, “I am not a fan of Bitcoin and other cryptocurrencies, which are not...
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