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As one might have guessed, the word “cryptocurrency” is composed out of two words: “cryptography” and “currency.” One could say that cryptography is an integral part of cryptocurrencies, and that’s very much correct. In this guide, we will be looking at why that is the case. Why is cryptography and why is it important, how [...]
A former U.S. Securities and Exchange Commission (SEC) member Michael Didiuk talked about Ripple (XRP). He argued that the third largest cryptocurrency by market cap is a currency rather than a security. Didiuk gave a number of reasons to support his claim. Didiuk cited the Howey (a 1946 Supreme Court case) which outlined four main [...]
It’s known for quite some while that Venezuela is currently undergoing one of the worst economic situations in the country’s history. Once more, news about the country’s economic state seems to be linked to its recently created cryptocurrency, the Petro. In a recent announcement, President Nicolás Maduro displayed optimism and confidence in regards to the [...]