Author: Blocktoq Team

Crypto regulatory in India is not entirely clear. There is a lack of arrangements that would allow the mass use and development of crypto in this country. India’s Supreme Court delivered a controversial ban The Supreme Court of India repealed the controversial ban on crypto transactions in India. In April 2018, the court banned this kind of transactions for banks. Thanks to numerous public petitions and the activities of IAMAI, a non-profit agency that assists in appealing the judgments, the order was overturned. Immediately after this decision, the largest Indian crypto companies like Uncoin and WazirX returned to play. [embedit…

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What is the future of payment transactions in the world? Will DeFi revolutionize our perception of money and when it will become widely available to the average people? Decentralised finance is the future? DeFi is a rapidly developing idea of ways of payment taking its first steps in the world of finance. It aims to create a decentralized and independent financial system, which is not supported by the traditional, centralized financial system. Many factors indicate that this is the next step after the introduction of Bitcoin and decentralized ways of payment. Having the ability to buy a cryptocurrency we should…

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The approaching Bitcoin halving is on the lips of the entire crypto world. More and more experts say that this time it’s going to be totally different from the previous ones. The third bitcoin halving The constant rise in the value of Bitcoin that we have seen over the last two months is encouraging for many people to be even more optimistic about the increase in the price of Bitcoin after halving, as was the case with the previous two times. Everyone is trying to track the news and count down to the next halving. 5 days left until next…

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What should you know about Yuan and other Chinese crypto projects? Here are some of the most important facts about Yuan. Tests are already underway When China cope with the pandemic, it returned to work intensively on its blockchain projects. China is one of the top countries that is developing its crypto technologies. Already in April, the first screens from Yuan’s wallet application were released on social media. The first tests were conducted in 4 cities in China – Shenzhen, Chengdu, Suzhou and Xiongan. China's CBDC (Central Bank Digital Currency) in trial already? Execution speed. https://t.co/0Yxysj3O40— CZ Binance (@cz_binance) April…

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Chainlink is a hot topic, no wonder its value has been growing recently. But will it take long? There has been speculation about a significant drop in LINK’s prices. Chainlink – basic information The link works on the Ethereum blockchain and is designed to solve the problem of connectivity between smart contracts and real world data sources. It is also compatible with Bitcoin and Hyperledger networks. Smart contracts are decentralized to effectively prevent forgery and attempts to stop them. However, because they only work in blockchain, they are not able to connect and exchange information with real world data sources.…

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There are many reasons why Africans are increasingly turning to cryptovalutes. What is the future of payment transactions in Africa? Africa’s problems Africa is struggling with many financial problems, which seem to be growing over the years. Corruption is a problem that Africa has been struggling with for many years. It makes the development of the country much slover and hitting on the poorest people. Another troubling aspect for Africans is the large black labour market, which has benefited from the absence of an official governing body for years. Are the cryptocurrency a solution for this problems? African countries are…

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When we think about the value of a single Bitcoin, we think it is really high, which suggests that the Bitcoin market is huge. However, compared to other markets, we can say that it is not that big. The Bitcoin market still has many opportunities to grow The Bitcoin market is relatively small compared to other markets and, in theory, its value is almost equal to that of Warren Buffet’s assets. Compared to the gold market, the value of the cryptocurrency market is not very high, which leaves many opportunities for development. Will the cryptocurrencies manage to get their chance?…

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The whole world is waiting for ETH 2.0 and the developers are working hard on this version, but this does not stop them from improving the current ETH version. Gas-Free transactions have been introduced. Ethereum The second most popular cryptocurrency in the world, which is constantly growing and slowly making up for the huge distance between it and Bitcoin. source: coinmarketcap.com Created in 2015 by Vitalik Buterin – Ether, which brings more opportunities than his older brother Bitcoin, if only through the possibility of creating smart contracts. Gas system in Ethereum Smart contracts in Ethereum are very characteristic for this…

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Cryptocurrencies have always been controversial. Banks and authorities of some countries have had particular resistance to them, but with time and increasing popularity, their attitude to cryptoverting is changing significantly. How will the global pandemic influence this? Banks hate Cryptocurrencies Bitcoin and other cryptocurrencies are not centrally controlled by the authorities and leave users free to trade them. This makes them not the most popular in some communities. The banks have a really bad attitude to them, fearing the loss of power in the financial world. Greater accessibility and privacy Not all people in the world have access to banks.…

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Digging licenses in Iran are highly desirable in the cryptocurrency market. iMiner got one of them and plans to start a really big mining operation. What is iMiner? iMiner is a company registered in Turkey that has been investing and digging Bitcoin for several years. It owns machines with enormous computing power and encourages to invest in cryptocurrency through them. The Turkish company boasts a lot of experience in extracting Bitcoin. It also provides excavator rental services in Turkey, Russia, the United States, Canada and Iran. In Iran, cryptocurrency mining is legal After initially being critical of Bitcoin, Iran allowed…

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