Category: CryptoSphere
Insights into cryptocurrency, blockchain, and decentralized finance.
Robinhood to Launch Crypto Services in Singapore This Year
Prominent financial service firm Robinhood is set to expand its crypto services to Singapore this year. The move marks a significant step in its international growth strategy. It follows the company’s acquisition of the European crypto asset exchange Bitstamp in June 2024 for $200 million. Robinhood intends to leverage Bitstamp’s existing licenses and regulatory approvals…
Explore MoreSolana Bearish Trend Deepens, Underperforming Bitcoin Amid Meme Coin Bust
Solana has seen a challenging market performance in recent weeks, posting a significant 32% price drop over the past 30 days. This marks a more bearish trend compared to Bitcoin’s more modest decline during the same period. Data from Glassnode reveals that Solana outperformed Ethereum on 23 out of 49 days since the start of…
Explore More
Ripple Stablecoin RLUSD Hits Huge $120M Milestone as Adoption Grows
RLUSD, the dollar-pegged Ripple stablecoin has hit a “huge milestone.” This is according to a recent report from leading crypto analytics platform CryptoQuant. The report by leading analyst J.A. Maartunn highlights that RLUSD has hit a total supply of $120 million within its first two months of launch amid growing adoption. Specifically, the total stablecoin…
Explore More
Proof of Work Vs. Proof of Stake: What’s the Difference?
Proof of Work Explained As a blockchain consensus mechanism, proof-of-work (PoW) pays miners for their contributions to network difficulty and processing power, hence incentivizing community validation. Proof of Work (PoW) consensus requires the users of the network to solve challenging mathematical puzzles in order to validate transactions and establish their legitimacy. Equation solving is the…
Explore More
Explore the Best Crypto Communities of 2025
Why to Join a Crypto Community? There are several potential benefits of joining a crypto community as in the fast-moving world it is a voluntarily created community that comes together to lift each other up. Let us now look at some of the reasons why one should join a crypto community. 1. Hassle-Free Research It…
Explore More
What is a Cold Wallet?
An Overview of Cold Wallet The kind of cryptocurrency wallet known as a “cold wallet” safely keeps your private crypto keys offline, typically on a tangible object. Often referred to as a hardware wallet, it uses a flash drive-like device that isn’t online to protect your digital crypto assets from Internet hackers. Online risks like…
Explore More
What are Mineable Coins?
Understanding Mineable coins Mineable coins are blockchain-based cryptocurrencies that are produced by the process of mining. The mineable coins are created through mining and are also sent to the miner’s block rewards or incentives for successful mining. It has the same general process in which the miner uses the mining hardware to solve the complex…
Explore More
Best ASIC Miners to Gift This Christmas 2024
Why should ASIC Miners be your Christmas Gift Pick? With the arrival of Christmas, everyone arranges parties at their homes, and with that comes the biggest challenge of what to bring for gifts to their places. If your friend or relative is a mining enthusiast, the ASIC miners are the best gift to present to…
Explore MoreLaunch of the New Meme Token Zentera on Pump.fun
Switzerland, December 2024 – Coinscribble by Coinbound / Zentera, an exciting new meme token full of potential, has officially launched on Pump.fun, bringing a unique and ambitious energy to the cryptocurrency space. Designed to captivate crypto communities with humor and an engaging vision, Zentera is positioning itself as a token to watch in the ever-evolving meme token landscape.…
Explore MoreT-RIZE Group secured a $300M tokenization deal, supercharging a $2B Global pipeline and redefining decarbonized institutional-grade Real World Asset (RWA) investments
Redefining Construction and Real Estate Investment Through Tokenization Montreal, Canada [Dec 17, 2024] – T-RIZE Group, a leader in Real World Asset (RWA) tokenization, has entered into a strategic agreement for a $300 million deal to tokenize Project Champfleury, a transformative 960-unit residential new development in Canada. This monumental achievement highlights T-RIZE’s ability to leverage…
Explore More
Best Radiant Miners of 2025
What is Radiant(RXD)? Radiant Blockchain operates at Layer-1 and has an excellent network architecture to tackle the problems that are present in every other blockchain. In particular, problems with parallelism, scalability, and support for Turing Complete programs. The digital asset system Radiant is decentralized. On a peer-to-peer (P2P) basis. It functions in a comparable manner…
Explore More
What is a Private key in Crypto & How Does it work?
What is a Private Key? Data can be encrypted and decrypted using a private key, which is a cryptographic key used in encryption algorithms. Data is protected using the private key and subsequently decoded using the same key in private key encryption, also referred to as symmetric encryption. This implies that the data can be…
Explore More
What is a Paper Wallet?
What is a Paper Wallet? A paper wallet is a physical form item or document that has a printed-out private key and a fresh public address. For improved security, it enables its users to hold bitcoin delivered from another wallet. Paper wallets are called non-custodial cold storage since users control the private keys that may…
Explore More
Cryptocurrency Vs. Fiat Money: Explained
What is Fiat Money? Fiat money or fiat currency is the currency that is regulated and issued by the country’s central bank or government, such as U.S. dollars or Euros. It is crucial to remember that physical goods like gold do not sustain fiat currencies. The value of fiat money is determined by the public’s…
Explore More
What is Zether?
An Overview of Zether Zether is a completely confidential and decentralized blockchain that is extremely compatible with Ethereum as well as other Smart contract platforms. Zether has a similar approach to Ethereum in terms of utility and efficiency. However, it comes with a little elevated level of privacy. It consists of the smart contract, which…
Explore More