Cryptocurrency 101 The word cryptocurrency was coined from two words, Cryptography, and Currency. In simple terms, cryptocurrency is a digital currency designed to serve the primary purpose of money; a medium of exchange. Cryptocurrency uses cryptography to secure and authenticate transactions and manage the creation and distribution of new units of a particular cryptocurrency. Blockchain…
Dollar-cost averaging is one of the ways to maintain a good investment portfolio. DCA is a tool used by stock brokers before the mainstream adaptation of cryptocurrency. It has proved to help mitigate the risk of volatility stocks in the market. What Is Dollar Cost Averaging (DCA)? Dollar-cost averaging (DCA) is based on the concept…
Over the past three years, the popularity of cryptocurrencies has experienced a substantial rise, propelled by various influential factors. Among these factors, one prominent reason for the surge is individuals’ and businesses’ widespread acceptance of cryptocurrencies as a credible payment method. Furthermore, the global COVID-19 pandemic has contributed to the escalating popularity of cryptocurrencies. Many…
At Dart Africa, we aim to simplify crypto for Africans, facilitating the easy use of cryptocurrencies for everyday transactions. Hereby creating solutions, opportunities, and sustainable paths for our present and future generations. At Dart Africa, we highly appreciate the trust our customers place in us when embarking on their crypto journey. We implement cutting-edge security…
Ethereum (ETH), the second-largest cryptocurrency after Bitcoin, has gained attention for its transition from proof of work (PoW) to a proof of stake (PoS) consensus mechanism (ETH 2.0). This shift enables individuals to earn passive income by staking ETH. This article will explore staking, its advantages, risks, and tips for finding a reliable platform. From…
Bitcoin, created in 2009, was the first and remains the most well-known cryptocurrency. Since Bitcoin’s introduction, thousands of other cryptocurrencies, commonly referred to as altcoins, have been created, each with its own unique features, purposes, and use cases. What Are Cryptocurrencies Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on…
Silicon Valley Bank, one of the largest banks in the United States that serves tech startups and venture capital firms, received a $100 million rescue package from the Federal Reserve in March 2023 to weather the economic fallout from the COVID-19 pandemic. While the impact of the rescue on the broader economy is debatable, it…
Bitcoin undergoes a ” halving ” process every four years, which involves reducing the amount of Bitcoin created every 10 minutes by half. The upcoming halving, which will be Bitcoin’s third, is scheduled to occur in May 2020. As a result, the current block reward of 12.5 Bitcoin every 10 minutes will be reduced to…
In the early 2010s, airdrops gained popularity as a means for internet trolls to send unsolicited photos to unsuspecting individuals. Today, in fintech, this strategy has evolved into a marketing tactic called “crypto airdrops,” which generates hype for newly launched cryptocurrency projects and enhances platform recognition. What Is a Crypto Airdrop? A cryptocurrency airdrop is…
Bitcoin halving is a significant event in cryptocurrency that occurs approximately every four years. It is a process by which the reward given to Bitcoin miners for adding new blocks to the blockchain is reduced by half. This process helps control the rate at which new Bitcoins are created, ultimately limiting the number of existing…