Author: Aarushi Deo

Bitcoin, the world’s first cryptocurrency, has seen dramatic fluctuations in its price over the years, leaving both investors and analysts wondering—what drives its value? Understanding the factors influencing Bitcoin’s price is critical for anyone looking to invest in or track the digital asset. Recent studies, including wavelet coherence analysis, have provided valuable insights into the forces that shape Bitcoin’s price. In this article, we’ll explore the main drivers of Bitcoin’s price, using advanced methods like wavelet coherence analysis to uncover the relationships between Bitcoin and other economic variables. Bitcoin has emerged as a potential alternative to traditional fiat currencies like…

Cryptocurrency has revolutionized the financial world, offering decentralized financial systems and the potential for great returns. However, this digital gold rush has attracted a dark side—cryptocurrency scams. In fact, according to Chainalysis, cryptocurrency scams accounted for over $14 billion in losses in 2021 alone. The decentralized and largely anonymous nature of digital currencies makes it a prime target for cybercriminals, tricking users into losing their hard-earned assets. Scammers are constantly finding new ways to exploit people, and the rapid rise of cryptocurrency has opened up numerous opportunities for fraud. In fact, 2021 saw a record year for cryptocurrency crime, with…

Cryptocurrency has revolutionized the financial world, but it also presents new risks. In recent years, the most prominent cryptocurrency exchanges have fallen victim to high-profile hacks, resulting in the loss of millions of dollars in digital assets. One of the most shocking incidents occurred in 2014 when Mt. Gox, the world’s largest exchange at the time, lost 850,000 BTC—worth around $450 million at the time. But it doesn’t stop there; numerous other exchanges have faced similar breaches. So, how can you protect your crypto assets from these increasingly sophisticated cyberattacks? In this article, we’ll examine some of the biggest crypto…

What is Multi-Factor Authentication (MFA)? Benefits & How It Works In an age where cyberattacks are increasingly sophisticated and prevalent, the security of online accounts has never been more crucial. It’s no longer enough to rely on a simple password to protect sensitive data and personal information. In fact, research shows that 81% of data breaches are caused by compromised passwords, making them a significant vulnerability in today’s digital landscape. So, how can you ensure your online security is more robust and less prone to such attacks? The answer lies in Multi-Factor Authentication (MFA)—a powerful and increasingly essential security measure…

Cryptocurrency offers incredible potential for financial freedom, but with it comes a significant responsibility: securing your digital assets. While basic security practices like using strong passwords and two-factor authentication (2FA) are essential, they’re not enough to fully safeguard your wallet from evolving threats. As hackers become more sophisticated, it’s crucial to implement advanced techniques to fortify your crypto wallet. As cryptocurrencies continue to gain widespread recognition, the complexity of threats targeting crypto wallets has also evolved. While most users understand basic security practices, such as using strong passwords and enabling two-factor authentication (2FA), more advanced security measures are often overlooked.…

Phishing attacks has become a major concern for many users. These attacks can lead to significant financial losses if you’re not vigilant. Have you ever received a seemingly harmless email or message asking for your private keys or wallet information? This could be a phishing attempt aimed at stealing your cryptocurrency. But what exactly is crypto phishing, and how can you protect your digital assets from this common threat? Blockchain technology has gained significant attention in recent years, but this surge in popularity has also led to a rise in cybercrimes. One of the most common and damaging threats is…

What Is Cryptocurrency Cold Storage and Which Method Is Safest? Cryptocurrency cold storage involves taking your private keys offline, completely removing them from any network or device connected to the internet. This means that the keys are stored in an environment where they cannot communicate with other devices unless manually connected during access. The concept of cold storage emerged early in cryptocurrency’s history due to concerns about hackers stealing keys from online wallets. Initially, it was as simple as writing the keys down on paper and storing them away. Over time, as the popularity of cryptocurrencies grew, the need for…

NFT Environmental Impact: Understanding the NFT Carbon Footprint As global awareness of ecological damage and climate change grows, industry experts and artists are increasingly questioning the environmental impact of non-fungible tokens (NFTs). Despite their explosive rise in popularity over the past year, reliable data on the environmental risks associated with NFTs remains scarce. While early figures are emerging, they have not been independently reviewed or verified, making it difficult to assess their true environmental consequences. NFTs are unique digital assets secured on the blockchain, providing a way to prove ownership of things like photos, videos, and music. While digital files…

The Non-Fungible token (NFT) space has swiftly evolved into a multi-billion-dollar industry, revolutionizing the realms of art, digital collectibles, and our understanding of ownership. NFTs have redefined how creators and artists monetize their work, ushering in a new era of digital ownership. As reported by DappRadar, the NFT market recently had its strongest quarter since early 2023, and the momentum shows no sign of slowing down.What makes a piece of digital art worth millions of dollars? NFTs (Non-Fungible Tokens) have taken the art world by storm, allowing digital works to be bought and sold with verified ownership. But what happens…

Non-fungible tokens (NFTs), propelling digital art into the global spotlight. But how significant is this shift? Can NFTs really claim the top spot in the art world’s influential power rankings? The answer is yes. According to recent reports, NFTs have secured their place as the most powerful force in the art industry, surpassing traditional players in influence and market dominance. This article explores how NFTs have reshaped the art world, their rising influence, and what the future holds for this powerful digital asset. The non-fungible token (NFT) has officially claimed the No. 1 spot in the annual Power 100 list,…