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Category Archive Crypto Press Release

ByJason Fernandes

Security & Transparency in E-commerce Transactions: What Makes the Libra Coin Unique

The Libra Ecosystem is a blockchain-based payment system for the e-commerce industry. It aims to provide e-commerce businesses with a convenient, secure and transparent way of accepting payments from their global customers using cryptocurrencies.

One of the problems that the Libra Ecosystem is trying to solve is the lack of transparency in traditional payment systems.

What is the Libra Payment System?

The Libra Ecosystem employs the cryptocurrency-based payment system on the Ethereum blockchain. As we all know, blockchain transactions are highly secure and end-to-end encrypted.

Transactions on a blockchain are first verified by anonymous nodes and then stored in an encrypted, decentralized, immutable ledger for safekeeping.

Transactions, including payments, on the blockchain are publicly accessible, which means it’s easy to verify a cryptocurrency transaction in case of a dispute.

Unlike traditional payments that are governed by centralized authorities like banks that have complete control over payment processing, crypto transactions are free from middlemen and totally controlled by the end-users.

Transactions in the Libra Ecosystem are governed by digital Smart Contracts.

What is a Smart Contract?

A smart contract is a digital application that contains the agreement terms between a buyer and seller written in programming code. In simple words, it’s a digital contract between the buyer and seller, designed to be executed automatically upon the fulfillment of the underlying conditions.

An e-commerce platform that chooses to use the Libra Ecosystem will get to implement smart contracts for all their payments. Once the payment is made by the buyer and confirmed by the system, the product/service will be automatically released to them.

The best benefit, of course, is that no middlemen are required to confirm or process such transactions. This creates transparency, improves security and reduces the cost of transactions.

Traditional Payments Vs Libra Ecosystem

Still wondering how is the Libra Ecosystem better than traditional payments? Here’s how.

Traditional payments like bank transfers, net banking, cards, etc. require a middleman like a bank to process every transaction or payment. So, when a user makes a payment on an e-commerce site using his card or net banking, he has to share his personal details as well as the order information with the middleman, i.e. the bank or the card company.

Basically, the bank and credit card companies have all your data, including what you are buying and where from. They can use this data for marketing and all other purposes. This effectively puts your privacy and security at risk.

Also, transactions using traditional payment methods are not transparent or secure. They are controlled by centralized authorities like banks that are prone to hacking, errors and other issues. Also, the bank can decide to reveal or not reveal transaction information on its own accord.

Cryptocurrency transactions on the Libra Ecosystem are private, secure and completely transparent. There is no middleman who will see or access your transaction details. Even the user information is encrypted and in the code form, so no one can see the actual details. All the transactions on the blockchain are encrypted and highly secure.

Also, the Libra Ecosystem allows e-commerce companies to accept payments in multiple payment modes from their global customer, using digital currencies like ETH.

ByJason Fernandes

How to Find and Buy Best Proof of Stake Coins for Easy Passive Income?

Staking is probably the best, modern technique to earn a stable passive income without much effort on your part. You can start staking with any amount and receive regular interest on your funds.

What’s Staking?

Staking is much like bank deposits, where you can stake (lock-up) your funds in the form of cryptocurrencies in a Smart Contract in order to keep the blockchain network secure through transaction validation. In exchange for your funds, you get paid in newly mined cryptocurrencies on a regular (monthly/yearly) basis.

One of the best things about Staking is that you can start with any amount and don’t need a costly setup (like mining) or technical knowledge of the blockchain.

If you’re already intrigued, let me tell you about the top proof of stake (Staking) cryptocurrencies that you can invest in today in order to start earning a stable side income.

Top Proof of Stake Coins for Staking in 2020

Unlike PoW (Proof of Work) that uses mining for validation of transactions in the blockchain, a proof of stake (PoS) system uses staking, which is a more efficient, cost-effective, and profitable validation mechanism.

Here are some of the best PoS Coins you can choose for staking:

In addition, the stake value (share price) is automatically increased by 15% on the third day of the Circulation Epoch, as a one-time event, giving an extra incentive to users who open their stakes on the first or second day.


DASH is one of the most popular PoS cryptocurrencies. Thanks to the fast and private transactions of Dash, it is quickly being adopted by people and businesses globally.

Dash was the coin that made the concept of masternodes famous. Instead of investing huge amounts of money in the mining equipment, it suggested a better, easier and cheaper way of confirming transactions on bitcoin networks using masternodes. 

All you have to do is lock up your Dash in the contract and transactions will be automatically validated by the assigned nodes. As a Dash masternode owner, you can also provide services like quick transactions, payments, etc.

Staking in Dash can earn you interest at the rate of 6% per year.

Tron (TRX)

Tron is a high potential blockchain project that was launched by Justin Sun in 2017. It has grown in popularity because of high-end Tron DApps. In 2018, Tron created history by purchasing the world’s most popular and used Torrent software BitTorrent. Also, the company purchased Steemit (blogging and social media platform) in 2020, added another feather to its cap.

Investing in the TRX stake can be a great way to generate a good side-income, as the staking rewards per year with Tron are in the range of 3-4%.


NEO is a relatively newer PoS coin that can give you an interest of up to 2% per year through staking. It may not be much, but it’s still better than traditional investments like bank deposits. Moreover, you get the flexibility to manage or change your stake during the period.

The increasing popularity and significance of the NEO coin make it one of the safest PoS systems for long-term investment. And you never know when the value and returns on your NEO stakes might increase abruptly in the future.


WISE is an ERC-20 token based on the Ethereum blockchain. It employs the proof of stake mechanism for validating transactions in its blockchain. Interested users can stake their tokens in the contract and earn interest over the stake period.

WISE Staking is flexible, as investors are allowed to withdraw their interest at any time during the period of a stake. The cumulative interest rate in the WISE stake is around 5% per year. The interest amount increases linearly based on the stake length, to a maximum of 25% for a 5+ year stake. 

VeChain (VET)

VeChain is another suitable proof of stake system for beginners. It does not offer interest as high as most other PoS coins, but the potential is really good. And the coin has been increasing at a steady rate ever since it was launched in 2015.

VeChain aims to bring the entire supply chain on blockchain in order to make the supply process transparent and increase efficiency. In the future, it could allow consumers to track the very origins of the products they use, including their authenticity and cost. 

It has already been working with a number of businesses on the same concept. For instance, VeChain’s latest project with BMW called VerifyCar allows users to transparently track their vehicle mileage on the blockchain, thus preventing mileage fraud.

Staking in a Proof of Stake coin is certainly a better and more affordable way to earn than mining cryptocurrencies. At least, you don’t have to buy costly equipment with no promise of returns. Staking gives you guaranteed interest over the staking period along with the possibility to get high returns from your invested tokens/coins.

In order to start with staking, you first need to choose the right coin. You can select from the top PoS coins list above.

If you already have some proof of stake coins, you can create a stake by depositing your coins in the contract. At the time of stake creation, you’ll have to select the stake length (period) and the number of coins/tokens.

If you don’t already have PoS coins, you can buy some from the respective cryptocurrency websites.

ByDavid Adamson

Post-COVID-19 Solution: How To Start Accepting Crypto Payments

Do not wait for your customers to ask when you will start accepting cryptocurrencies.

There are many advantages that your business can gain by adding this
payment method.

These people are extremely likely to tell their friends about a new crypto-friendly merchant they found.

Companies should consider accepting cryptocurrencies in order to not only offer new payment methods to existing customers, but also to acquire new clients from the crypto and blockchain ecosystem. This is a real win-win path to increasing revenue that cannot be ignored.

A simple mention – “We accept Bitcoin” – on your website is guaranteed to get noticed by customers who are looking for the opportunities to pay with
cryptocurrency, not fiat.

“Since we started accepting Bitcoin as a form of payment three months
ago, our sales have jumped whopping 427%,”

Lynx Art Collection team reported last year.

In order to protect people from an additional source of coronavirus infection, the Chinese government decided to disinfect cash with ultraviolet light, and the South Korean authorities quarantined cash and even burned some of the banknotes.

Lynx Art Collection team reported last year.

Besides the fact that banknotes have become a kind of old-fashioned payment, most companies have transferred their employees to remote work. Therefore, in self-isolation conditions, consumer habits gradually changed. As a result, most purchases have gone online – the number
of global e-commerce transactions increased by 23% after the rise of the

Microbes found on circulating currency in New York City during the summer period. Credit:

Are cryptocurrencies a salvation bay during and after the crisis?

In the context of the COVID-19 pandemic, cash has become one of the threats to human life and health. According to researchers, a total of 397 bacterial species representing more than 20 bacterial phyla live on the surface of banknotes.

Cryptocurrencies are a separate and very promising type of online payment. Therefore, in this document we will emphasize the main aspects
of connecting digital currencies to your business.

“Since PARSIQ works as a bridge between cryptocurrency payments and traditional business finance, we noticed a new wave of demand for
automation of cryptocurrency-related activity. Therefore, we can assume that businesses consider cryptocurrency a new way to grow profits
and gain new customers,,” says Tom Tirman, Co-Founder of PARSIQ.

Cryptocurrencies are gaining popularity as a means for value exchange and as a method of payment for goods and services. In the US, crypto is not considered legal tender. However, it is fungible, as exchanges are considered to be money transmitters, according to the Financial Crimes Enforcement Network (FinCEN).

This enables businesses to legally accept digital currencies as payment.
In most jurisdictions, cryptocurrency regulation is enforced when it is
exchanged as a security. As a method of payment and in general use, however, such jurisdictions as the European Union,

The rise of cryptocurrency payments

On the portal you can find a world map with indicated locations of all the stores and ATMs accepting cryptocurrency. According to the site at the time of writing, there were 19,369 such venues around the world.

The rise of cryptocurrency payments

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Mostly require that utilization be under KYC and AML regulations to ensure that cryptocurrencies are not used for illicit or illegal purposes, such as terrorist financing and money laundering.

Having multiple options for cost reduction, crypto wallets, and exchanges enable businesses to have flexibility in terms of accepting B2C or B2B payments using cryptocurrency.

Here are some options that your business can consider in accepting cryptocurrency payments:

How to start accepting cryptocurrency payments

Payment processors.

The most straightforward and simplest means to accept crypto payments would be through a payment processor. This partner will basically accept the payment in cryptocurrency and then remit into your business account in fiat currency or other preferred means. Some examples are Dash, BitPay and Coinbase Commerce.

Crypto wallet.

The most direct means to accept crypto payments would be the peer-to-peer
option, wherein you provide your payment address. This will require that you establish a wallet account available on mobile and desktop apps, or even as a physical device.

You can then utilize exchange services to convert your crypto into fiat or even into other cryptocurrencies. Some wallets have convenient built-in exchange functionality so that businesses can quickly convert from one crypto to another, or even to fiat, with minimal hassle.

Point-of-Sale solutions.

Another option for accepting cryptocurrency payment is through a PoS solution that accepts digital currencies. As with payment processors, this will also entail the service provider remitting the funds through fiat or other preferred means after the transaction goes through.

Regulations, compliance, and establishing trust in the crypto ecosystem

As earlier mentioned, most jurisdictions require compliance with KYC and AML regulations, which means businesses will also need to provide such information when establishing accounts for receiving crypto payments.

Transparency in transactions is one way to ensure compliance with such regulations.

This also enhances trust between the parties involved. Instant notifications
provided by PARSIQ’s Smart-Triggers, for example, gives both merchants and customers the assurance of transactions as they are confirmed on the blockchain.

There is no need to manually monitor the progress of such transactions. The platform automates this crypto monitoring, analytics, and notification platform so that your business can focus on what matters–building value for your customers and industry.

Cryptocurrency payments provide unique advantages over traditional digital payment solutions. Businesses can start accepting crypto payments to save time and reduce transaction fees while staying compliant.

Pros tips for accepting crypto payments:

Save time.

Automate your business needs–save hours or manual work using customizable notification services. In just a few clicks, you can specify how and where to accept crypto payments from your customers. No need to manually accept payments each time.

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Lower cost.

Existing digital payment options, most notably credit cards, can charge fees up to 3%. This can add up to exorbitant costs for businesses over time. Instead, crypto payments can drastically lower transaction costs, as seen in the case of a cryptocurrency exchange who transacted US$1.26 billion worth of Bitcoin for just US $124.60, or less than 0.00001% of the payment volume. Businesses can automate the processing of payment deposits at scale to save cost over time.

Stay compliant.

Keep up to date with the latest AML and KYC regulations by making sure you have right compliance measures in place for accepting crypto payments.

Using transaction monitoring services, businesses can monitor payment
transactions at scale to collect and analyze important regulatory information.

Know if incoming payments originate from blacklisted or high-risk addresses, so that your business can take appropriate action
in real-time.

PARSIQ monitoring enables businesses to set up alerts according to amount
thresholds, such as limiting the maximum payment accepted per transaction. When thresholds are triggered, the service notifies you through your connected application with the transaction details, so that you can quickly react with proper compliance measures.


Digital payments have proven to be a necessity in today’s economic climate. According to the World Economic Forum, central banks around the world
are recognizing the viability of digital currency as an alternative to cash, since it reduces physical contact and thus the possibility of spreading the

The global pandemic has led many businesses to close down physical operations and shift toward digital commerce and payments instead. Accepting crypto payments can accelerate your business’ digital transformation, and it will enable businesses of all sizes to quickly recover and even thrive during and after the economic uncertainty resulting from

PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain applications.

PARSIQ’s features automate the blockchain analytics and monitoring
process, providing customizable workflows with real-time intelligence.
People behind PARSIQ are experienced and highly qualified industry professionals that are passionate about blockchain technology. Our ultimate goal is to push forward the mass adoption of blockchain technology by providing the necessary solutions. We want to give everyone the ability to understand and manipulate blockchain data streams.

With PARSIQ, we are making it easier to integrate blockchain infrastructures into existing businesses with an additional layer of monitoring and automation for blockchain-specific asset management.
Details on solutions provided by PARSIQ can be found here.

ByJason Fernandes

Artificial Intelligence: The Future of Crypto Trading

Artificial Intelligence (AI) is the process of enabling machines to think and act like humans by integrating human intelligence in machines. It also involves the study of benefits & applications of machine intelligence in the real world.

Many experts believe that AI could effectively disrupt the crypto trading industry by providing traders with actionable data based on a thorough and automated analysis of the historical trading records. These data can help closely predict the outcomes of future trade events.

Cryptocurrency trading is now a fully-fledged activity, followed by thousands, if not millions, of traders worldwide. All these traders are constantly looking for ways to improve their trading abilities and acquire better resources in order to increase the profits from crypto trading.

If you are one of these traders and wondering whether and how AI can revolutionize the crypto trading industry, this article is all you need right now.

AI for Crypto Trading

For almost a decade now, organisations have been experimenting with the use of AI for crypto and digital trading.

AI, when integrated into traditional trading systems, can effectively automate the tasks such as data management, reporting and analysis. It can also use past data and trends to predict future trading trends and even results.

AI in integration with machine learning can even be programmed to learn new things from the available data and adapt itself to modern trends. This is particularly useful in data-driven industries like asset trading.

Artificial Intelligence learns new things based on data with the help of neural networks. Neural Networks are like connections within an AI-based system that enable the system to learn to perform a task by seeing/following an existing example. This removes the need to program the system and enables it to adapt to dynamic situations.

Neural Network is a term inspired by the neural networks in the human brain to suggest that these artificial networks work more or less the same way. Just like the human brain that can learn new things or tasks by seeing, neural networks in AI can also learn to perform a new task based on the information/data fed to them.

In the crypto trading space, neural networks can theoretically enable AI to develop & implement its own trading strategies by reading & analysing the available data to drive even more successful trade results.

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How or Why is AI Crypto Trading is better than Human-based Crypto Trading?

In any kind of trading, automated bots or AI has an obvious edge over humans.

Humans take trading decisions based on emotions. Such decisions may be impulsive and taken in haste. On the other hand, AI makes trading decisions through proper calculation and in an automated manner.

Human-based trading works on a fixed schedule, and not round the clock. The crypto trading market using AI, on the other hand, can be open 24/7, which is certainly a more profitable option.

Since AI takes decisions automatically and based on data, it’s much faster than humans, who may tend to overthink things rather than acting on time.

Traditionally, the use of computers in trading has been limited. It’s because we always believe that nothing can replace human intelligence and emotions in a trading decision. And most of the time, we are even true. But who says that AI cannot make it better.

One of the reasons why human-based trading has always been able to give only limited profits is our very basic nature of making errors and also the humans’ need to sleep. Because we are driven by our emotions and have limited attention span, many times our decisions do not bring the results we want. And as I said above, humans, unlike machines or AI, cannot work 24/7 and need to sleep.

AI, on the other hand, can handle everything automatically, has zero probability of errors, does not need sleep and can even learn to grow itself. So, it’s obviously a better trading mechanism compared to humans.

Now, many people confuse AI trading with bot (robot) based trading. But, these are two different things. Let’s see how.

AI Crypto Trading Vs Bot Crypto Trading

Bots are software programs that can be designed to do specific things. In the crypto trading industry, bots are used to automatically process trades based on the available data or trends.

Bots are only capable of automating a process based on the underlying instructions or program, but they do not have their own thinking capability and cannot adapt themselves to dynamic or changing market conditions.

AI, on the other hand, can automate a task as well as adapt itself based on the changing trends to achieve better results. Basically, it is designed to learn and adapt.

Since bots have limited learning capabilities, they are inferior to artificial intelligence and/or machine learning when it comes to learning & adapting themselves based on market trends.

Real Examples of Crypto Trading Platforms Using AI

If you are wondering where you can see the real example/s of a crypto trading platform that uses artificial intelligence to analyse and improve the end results.

Cowrium is a blockchain platform that consists of multiple projects or solutions based on real-world problems. For instance, they are building a system called the Cowrie Stability AI, which uses artificial intelligence neural networks to predict the market and suggest a solution based on the analysis of the previous trading data.

The idea is to enable traders to come up with a foreseeable solution through the deep analysis of available data. Thanks to the integration of ML and Neural Networks, the system can also adapt itself to suggest better solutions based on the market trends.

The Cowrie Stability AI system is still in the testing phase, and the real market scope and usability will only be known after the official launch (probably later this year).

There are a number of other companies that are experimenting with the use of AI and machine learning in crypto trading. The best examples include RoninAI (An AI-driven trading platform that delivers trading signals based on analysis of market trends), AiTrader.Ai, and AutoNIO.

But, as I said, most of these projects are under development or testing, and more about the actual impacts of AI on crypto trading will only be known in the coming future. Till then, let’s keep trading with the available tools and options.

ByThomas Glare

How Schnorr Signatures May Improve Bitcoin

Many people heard about bitcoin and its numerous advantages compared to traditional currency. However, what if it can bring even more benefits? Check out the article to find out!

Back when Satoshi Nakamoto started working on bitcoin, one of the challenges in designing the cryptocurrency came from choosing the signature scheme. Satoshi wanted a widely-used, understood, lightweight, and secure algorithm. Another important requirement was being available as open-source, so he went for the ECDSA — Elliptic Curve Digital Signature Algorithm.

It was more or less a set of encryption tools designed to improve the privacy of online communications.  The ECDSA was also very secure, providing bitcoin money with safety without making the entire algorithm too big. 

Ever since bitcoin was launched, the Elliptic Curve used for the cryptocurrency was improved, and we enjoy better bitcoin privacy and smoother bitcoin transaction speed. However, some new technologies emerged that might make the ECDSA obsolete, no matter how much we work to improve it.

You guessed it, the new signature to increase efficiency, privacy, and transparency of bitcoin transactions is the Schnorr Digital Signature. So, no matter if you’re just using it to deposit at your favorite project or you want to learn more about how bitcoin can be improved and what are the implications of this process, this article is for you.

More About the Schnorr Signature and Bitcoin

We’ve already presented the Schnorr signature as an improvement of the currently-used ECDSA algorithm for bitcoin technology. However, this signature scheme is not exactly what you can call “new.” Actually, it was developed in the 1980s by Claus-Peter Schnorr and a team of professors at the University of Frankfurt. Heavily defended with patents, the Schnorr signature couldn’t be used until 2008.

Interestingly enough, this is also the year bitcoin was launched. However, it could be that Satoshi Nakamoto didn’t choose to use Schnorr from the beginning because it hadn’t been that widely used or popular to cryptographers.

Advantages of Using Schnorr in Bitcoin

This isn’t the first time of the Schnorr signature being utilized in bitcoin technology. The first idea appeared in 2014 when Pieter Wuille came up with the Schnorr BIP. The main benefits of implementing Schnorr in bitcoin cover and are not limited to:

  • Security Proof – Schnorr signatures will bring better security for bitcoin since their safety is provable with ease when a random oracle model is used, and the signature is sufficiently strong. The current ECDSA algorithm can’t utilize this system of proving security.
  • Better Non-Malleability – Even though ECDSA was improved a lot over time, these signatures are designed to be malleable. Sure, it takes a lot of resources and knowledge to alter an existing algorithm to be able to spend the same funds twice. However, why live with such a risk when you can remove this vulnerability altogether and make signatures non-malleable by using Schnorr ones?
  • Linearity – since Schnorr signatures enable multiple parties to collaborate and produce a single signature that remains valid for the sum of the public keys created in the process, it can allow higher-level constructions for bitcoin and Blockchain. Imagine a bitcoin option, such as smart contracts or multi-signatures, and the benefits they could bring for the cryptocurrency and its users. 

On top of these proven benefits, other possible improvements can come out. For example, the added computational power can mean faster block validation. Also, being able to aggregate multiple keys opens up an entirely new horizon for making bitcoin support even better.  


It is clear that Schnorr signatures have the potential to significantly improve a bitcoin contract and the way the cryptocurrency can be used in our everyday lives. We’re curious to find out how many of our readers are open to a possible upgrade of bitcoin through Schnorr signatures. Feel free to use the comments section to share your point of view. The more we discuss it, the better we can understand all the implications of such transformations.

ByDavid Adamson

7 Ways AI is Transforming the Cryptocurrency Trading Sector

The ability of AI and machine learning to revolutionize the way we trade has always been a matter of research. But now as we have entered the crypto era and started trading digital currencies, the significance of AI in trading is more than ever.

Amongst the projects and experiments being run worldwide regarding the applications of AI in crypto trading, some have proven to be very revealing about the ways AI can help improve the overall trading industry, especially the way crypto trading works.

If experts are to be believed, AI can bring a number of advantages to crypto trading, including the deeper analysis of historical data, use of advanced algorithms for making predictions based on research, studying the market for changes, among other things.

Besides these, here are some other major ways in which AI is disrupting the future of cryptocurrency trading.

1. Computer algorithms for trading

The use of computers in the trading market is not new. However, in the past couple of years, the percentage of trading through computer algorithms has drastically increased to more than 50%.

This is even more common in the trading of cryptocurrencies, as everything else is digital, so no one wants to trade manually any longer.

It is obvious that trading through AI-based, smart algorithms is faster and more efficient compared to human-based trading and results in fast-decision making, which is crucial for the cryptocurrency trading sector.

2. AI for analysing data and making predictions

The use of advanced technologies such as artificial intelligence and machine learning for analysing the market data, past trends and trades and providing actionable insights for future predictions is now more common than ever.

Projects like Cowrium (Stability AI) are doing amazing things in this area by providing traders with easy and actionable investment advice based on the study and analysis of historical market data, trends, etc. for fast decision making.

3. AI for filtering through zettabytes of data

The amount of digital data is now in zettabytes, which means we have more digital data than we can ever store or use or parse through by natural means.

AI is probably the only technology available to humans that can not only filter through these vast amounts of data but also help us understand and make use of it in a way that makes sense. If not for AI, it would have been too complex to understand this data, let alone make any useful financial/trading decisions based on it.

4. Improved fund performance

There are a number of trading markets, including some crypto trading platforms, that are already using AI and machine learning for help with the overall decision-making process.

Research reveals that AI hedge funds deliver better performance over a period as compared to traditional and manual funds.

Fund Performance

There are a number of businesses that are making use of AI in the hedge fund market for analysing the trends and providing better insights for decision making. While some of these fund managers are only using partial features of AI, others have gone full-AI for trading as well risk-management in their funds.

5. AI Neural Networks for analyzing marketing efficiency

According to a study that involved the use of Artificial Neural Networks for analysing the performance of various markets and identifying those with weak performance, the use of AI in the investment strategy can drastically improve the efficiency and results.

The said study involved testing of the applications of neural networks for analysing the historical market data and predicting the future returns and rates based on the findings. The study was immensely successful, as the use of neural networks helped generate predictions for the future year based on the data of the previous some years. And the produced results were even better than the average results of buy-and-hold portfolios.

6. Identifying market irregularities

For some years now, AI and machine learning are being used by organizations worldwide for studying market irregularities and changes such as acquisitions that are yet to happen and other things that may somehow manipulate the market.

A reputable asset management company reportedly used sophisticated genetic machine-learning systems based on AI to predict a number of acquisitions before they were even published, thus making significantly higher returns. AI algorithms reportedly tracked insider trading signals that enabled them to predict these acquisitions.

By being able to identify irregularities, crypto fund managers all around the world can better estimate market manipulations such as upcoming acquisitions and adjust their portfolios accordingly. Projects like RoninAi are successfully using AI algorithms to predict cryptocurrency market manipulations based on changes in social sentiment indicators.

Big Crypto Drop

7. Prone to financial turmoils

Multiple studies suggested that artificial intelligence algorithms are able to assist with profitable investment decision-making not just in normal times but also they perform well at times of financial disorders.

The organization that was a part of this study managed to make significant profits with the use of AI algorithms, of which most profits were made during the times of financial trouble. This indicates that neural networks are able to provide significant insights even when the market is not doing so well.

Even though the study was performed in standard cases on traditional funds, the same results are expected for digital currencies and funds as well. The use of AI neural networks can significantly assist the whole decision-making process in crypto trading and investment.

Final Thoughts

As we are moving ahead in a world that is largely dominated by competition and increasing demand for resources, understanding and making use of advanced technologies like blockchain and AI can immensely help with our goals of a better, richer world.

AI is a machine intelligence technology that can develop its own intelligence based on the data and information that is fed to it. This type of intelligence can be widely used in not just the finance world but in a range of industries, including crypto trading, for being able to make profitable market predictions and decisions based on actionable insights generated through in-depth study and analysis of the past trends.

ByDavid Adamson

Cryptocurrency Laws in India – Legal vs Illegal

The Indian government is considering a proposal to introduce cryptocurrency regulations. This article details what the government is thinking and which laws might be affected by the proposal. The Indian government has been thinking about regulating cryptocurrencies since early 2018, when it formed a committee to study how they were being used in the country.

According to a report by news agency Press Trust of India (PTI), the panel recommended that crypto assets should not be allowed for payments and settlements.

However, it acknowledged the benefits of blockchain technology, which is used in cryptocurrencies. Grains, gold, and even land records can be kept in blockchain form

Cryptocurrency exchange regulations in India have grown increasingly harsh.

While technically legal, in April 2018 the Reserve Bank of India banned banks and any regulated financial institutions from “dealing with or settling virtual currencies”.

The sweeping regulation prohibited trade of cryptocurrencies on domestic exchanges – and gave existing exchanges until 6 July 2018 to wind down.

India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. We have taken notes from the report and simplified it for you. Hope it will clarify your cryptocurrency knowledge and its operation.

While the Indian Government is working on drafting the legal framework specifically for cryptocurrency, several existing laws apply to crypto assets in addition to the infamous RBI circular that prohibits all regulated entities from providing services to crypto businesses.

For cryptocurrencies that are deemed securities, Securities Contracts Act 1956 may apply.

However, the report states that “Currently, there is regulatory uncertainty regarding applicability” of this law to tokens but some “may fall within its remit if, inter alia, they are issued by an identifiable issuer and backed by the underlying assets of the issuer.”

Companies Act and Payment Systems

The regulations under the Companies Act, 2013 and rules will be applicable on all token types cryptocurrency. On of the author of the report explained in detail, “These are primarily the Companies (Acceptance of Deposits) Rules, 2014 (Deposits Rules) which specify when the receipt of money, by way of deposit or loan or in any other form, by a company would be termed a deposit, and also provides certain exemptions from its applicability.”

“Payment tokens may also be subject to the Payments and Settlements Systems Act 2007 (PSSA). The Cambridge report claims that there is nothing in this act “to exclude virtual currency, since only the term payment is referred to, as opposed to currency, legal tender or money.”

“Therefore, if a cryptocurrency activity “were to constitute a ‘payment system’ or other regulated activity, the issuer would need payment system authorisation from the RBI under PSSA and would require compliance with KYC/AML norms.”

Money Laundering

The use of cryptocurrencies may further fall under the Prevention of Money Laundering Act 2002 (PMLA), which carries statutory penalties of up to 10 years imprisonment.

However, the report clarifies that it is unclear whether the reporting obligations prescribed under Chapter IV of the PMLA extend to wallet operators, crypto asset exchanges or third-party bitcoin services.

 It added, “A majority of crypto asset trading platforms are self-regulatory and follow extensive KYC/AML norms.”

Unregulated Deposit Schemes

There is also the Banning of Unregulated Deposit Schemes Bill 2018 which has been tabled in Parliament. It proposes to prohibit all unregulated deposits which could apply to initial coin offerings (ICOs).

The author explained that the bill “provides a schedule of regulated deposit schemes, and all unregulated deposit schemes are prohibited.”

Additionally, “The term deposit includes ‘an amount of money received by way of an advance or loan or in any other form, by any deposit taker with a promise to return whether after a specified period or otherwise, either in cash or in kind or in the form of a specified service, with or without any benefit in the form of interest, bonus, profit or in any other form, but doesn’t includecertain enumerated categories”

He elaborated, “An ICO might be regarded as an ‘unregulated deposit scheme.’ So, virtual currency token issuers would need to ensure, in order to be outside the purview of the Ordinance, that (A) the scheme is regulated and/or (B) there should be no liability of returning any money received.”

He added that this bill “was passed in the Lok Sabha (House of Commons) on Feb 13, 2019 but will lapse in the House of Representatives (Rajya Sabha) after the dissolution of the Lok Sabha due to elections in May this year.”

He further remarked, “Ordinances are usually required to be approved by the Parliament within 6 weeks or they lapse, in this case, no official confirmation about its approval by the Parliament has been made yet. Considering the elections, I am sure the 2019 Ordinance would take another few months (at least) to be made into a law.”

Hope our interpretation and explanations be some help to you.

ByDavid Adamson

How To Buy Cryptos With A Bank Card

In this blog, I will teach you how you can buy cryptocurrency with a bank card using Coinbase, CEX, Coinmama, Changelly, Bitpanda, and other platforms.

Why should buying and selling crypto be harder than buying a cup of coffee? For a long time buying cryptos was a tricky thing to do. Unless you were very computer-savvy.

But now we have more options than ever when we want to buy cryptos easily. And using a bank card is now possible at plenty of good crypto platforms. Buying cryptos with a bank card makes it easier than ever.

Let us explore the best crypto platforms for buying cryptos safely and easily.

Best options to buy crypto with a bank card

According to us and the crypto community, these are some of the most popular and used options for buying cryptos easily with your bank card.

1 ) Coinbase

Coinbase is one of the most well–known brands for people to easily buy and sell cryptos. And of course buying cryptocurrencies with your bank card (debit card or credit card) is possible at Coinbase.

Coinbase of course deserves to be on this list. Coinbase have made it possible for people to buy and sell crypto easily for years. And is one of the biggest crypto exchange platforms in the world. Why are they so popular? Because they have made it so easy for beginners to buy cryptos with little effort. And using a bank card like a credit or debit card is included.

Head on over to to get started. You need an account with Coinbase to buy and sell cryptos there. If you don’t have one, then get started registering a new account. You need to have an ID ready and your bank card that you will link to your account. You can also buy cryptos using a range of payment methods at Coinbase.


Fees for buying at Coinbase with a bank card is 3.99% of the transaction.

2 ) CEX

Last on this list but not least, is Where more than 3 million people have joined to buy cryptos easily. Using a bank card is definitely possible at CEX.

To get started you need an account, which takes just a few minutes to get going. At CEX you can buy a range of coins, such as Bitcoin, Ether, Zcash, Dash and Bitcoin Cash. You can buy using a bank card (debit and credit card) or via a bank transfer. CEX established in 2013 and have since become one of the most popular options for buying and selling cryptos easily.


The fees to buy cryptos using a bank card at CEX.IO is 2.99% using a bank card.

3 ) Coinmama

Third on the list Coinmama.

Coinmama no different than the other on this list. Buying cryptos with a bank card is easy and something you can do in just a few minutes.

Head over to and there you can a few banners on the site advertising how to buy cryptocurrencies using your card. You can see there how much in crypto you would get for lets say €100, €500, €1000, or your own chosen amount.

To get started using Coinmama you need an account. But setting one up takes just a few minutes. And it is a similar process as for all other options on this list.

Buying cryptos using Coinmama is very easy, and when you have an account ready you just need your bank card ready to get started. Remember you need a wallet to send your funds to.


The fees for buying cryptocurrencies with your bank card at Coinmama is 5.90%.


4 ) Changelly

First out in this list is the popular option of Changelly.

Changelly has grown to become a commonly used option for crypto investors looking to buy cryptos easily. But also swap them for another coin with little effort. And of course buying crypto with a bank card is something you can do at Changelly.

To get started go to and then click on on ‘Buy crypto with a bank card’.

After that you decide which crypto you want to buy. And before you complete the purchase it is important to note that you need to have a wallet ready to send your funds to. But don’t worry creating a crypto wallet is easy.

Now if you want to buy Bitcoin you need a Bitcoin wallet, Ether then an Ethereum wallet, etc.

Select the cryptocurrency, and what amount you want to buy for.


The fees at Changelly are:
Changelly fee 5% and Simplex fee 5% (min $10).

5 ) Bitpanda

Number two on this list is Bitpanda. Bitpanda has since their launch grown very quickly. And is now one of the more commonly used options for Europeans who are looking to buy cryptos easily. At Bitpanda you can buy cryptocurrencies easily using a bank card amongst other payment methods

Head over to and get started if you already have an account. Otherwise register one which only takes a few minutes. When you have an account ready you can get started buying cryptos with a bank card. And you can buy a range of exciting altcoins, such  as: IOTA, Bitcoin Cash, Litecoin, EOS, OmiseGO, NEO and more.

You can of course buy the big guns Bitcoin and Ethereum at Bitpanda too.

Right now Bitpanda is only available for EU citizens. Bitpanda accept a range of direct purchases from fiat currencies like USD, EUR, GBP, CHF


The fees for buying cryptos with a bank card at Bitpanda is 1.49% so that’s very cheap comparing to other options on this list.

6) Next on the list is Paybis.

The popular, UK-based cryptocurrency exchange has been helping people exchange digital currencies since 2014.

More specifically, Paybis is known for its support of multiple payment methods, including credit/debit cards, bank transfers, and e-money services.

The platform also offers the possibility to buy and sell Bitcoin anonymously, using payment methods such as Advanced Cash and Payeer.

Finally, what we like about this platform the most is its responsiveness. A multilingual support team is online at all times to help users with their questions, and if ID verification is necessary it only takes 5 minutes to complete.


Fees start at 1,5% per transaction and highly depend on the payment method used.

Common questions when buying crypto

We hope that this guide on buying cryptos using a bank card was helpful. To help you understand even better how cryptos work have we decided to answer some of the more common questions asked by beginners when entering the crypto space.

1 ) Do I need to buy whole coins?

A common confusion is if you have to buy a whole Bitcoin, Ethereum or other cryptocurrency? Which you don’t have to in the world of crypto. You can buy crypto in fractions, so you don’t have to buy one whole Bitcoin.

2 ) What is this I’m hearing about being my own bank?

Another common concern that crypto traders and holders eventually learns about or hears from a more experienced crypto trader, is that you need to be your own bank for crypto.

This means that high emphasis is placed on making sure you are storing your cryptos safely, like how your bank stores your fiat currencies.

This is because many cryptocurrency exchanges today are still less secure. So there are greater risks involved. Another reasons is that not every exchange or trading platform have made it possible for you to store your cryptos there. Like for Coinmama, Changelly and Bitpanda.

3 ) How do I sell cryptos later on?

Buying and selling cryptos should be as easy as buying a cup of coffee these days. So with more options like these five crypto platforms the better. For a long time, it was too difficult to buy and sell cryptos. The fees at these platforms might be a bit higher than at other exchanges. But for the ease of use and simplicity then it might be worth it.

I use these platforms from time to time myself because I just want to buy cryptos quickly. Otherwise, it can take a few days when transferring funds from your bank account. And if you want to buy cryptos quickly to make use of how the market moves then buying with a bank card is a great option to get in quickly.

If you are new to crypto and want to find more helpful guides on getting started then we recommend you reading this guide for best crypto starting tips and if you want to find more platforms to buy cryptos at then read this guide.

ByDavid Adamson

Diem Coin – A New Digital Currency Developed by FACEBOOK

Diem is a cryptocurrency developed on blockchain technology. It is launched by the most popular social media giant Facebook. The main motto behind shaping Diem is to empower millions of unbanked and under banked people by giving them equal financial opportunities and to bring everyone on to a single financial platform.

Diem, will help you in faster and quicker transactions, one can experience the lightning transaction with minimal or no charges. You can sit in your home and transfer money to another person who is in the other part of the world. And to this, all you need is a mobile with data connectivity.

Diem is developed on Blockchain technology, it is a decentralized programmable database that helps in backing the more stable currency, that will have the capability to become the medium of exchange for transacting money to millions of people around the world.

Diem is an independent association, it is a non-profit organization running with a vision to provide basic financial infrastructure and global currency to emancipate millions of people. Libra Association is formed by the compilation of validator nodes, mostly they are academic entities, international corporations, and social impact partners.

The Diem Blockchain is an assigned system that supervises exchange and ownership of Libra. In the process of transacting Libra, there is a slight chance of attacks on the system and here Blockchain helps in defending attacks using LibraBFT.

A perfectly developed and secured software is a must to protect the Diem Blockchain. A new programming language called MOVE is used in Diem. It is a safe and reliable programming language for Libra Blockchain. It is a sensible bytecode language used to implement smart transactions and smart contracts.

Diem is definitely a game changer in the field of cryptocurrency as it is backed by a stable reserve, there is no need of worrying about the fluctuations in the value of the Diem.

Libra Coin – A New Digital Currency Developed by FACEBOOK comes with an interesting infographic on Diem Cryptocurrency, checkout the following infographic and lets us know your feedback on it.

Note: Facebook changed its cryptocurrency project name from Libra Coin to Diem Association. Diem (formerly known as Libra) is digital currency by the American social media company Facebook, Inc. – Wikipedia

ByDavid Adamson

Is There Any Other Coin Like Bitcoin That Is Worth Investing in 2022?

To be honest, there hasn’t been any coin which has come close to the success and popularity of bitcoin. The success of bitcoin was like a dream which no one saw coming.

In the 10 years since its creation, the price of bitcoin increased from $0.000763 per BTC in 2009 to $49,965 per BTC in September 2021.

In other words, someone who had invested in buying 1 bitcoin in 2009 became multi-millionaire in 2022.

So, what I am trying to say here is that what happened with blockchain was an unrealistic thing and is not likely to happen again. But that doesn’t mean that no other coin will ever be able to repeat the success of bitcoin.

In fact, there are some highly potential cryptocurrencies in the market which are as prominent as BTC in 2022, if not more.

5 Coins Like Bitcoin That Is Worth Investing

Let’s find out about some of the Altcoins like Bitcoin that are worth your investment and can make you rich in 2022.

Litecoin (LTC)

Litecoin, which was launched in 2011, proved itself a worthy opponent to the success of bitcoin. It was, at the time, called silver to bitcoin’s gold.

LTC rose to popularity very soon and became one of the most trading digital currencies of its time. It follows the same concept of a global, public payment network which is decentralized and PoW based.

Dash (DASH)

DASH was originally launched as darkcoin to represent the dark side of bitcoin.

It was launched in 2014 and operates on a decentralized mastercode network which is even more secure and anonymous than bitcoin’s network.

The best thing about DASH is that it can facilitate nearly untraceable transactions.

Ether (ETH)

ETH is certainly one of the best altcoins for trading purpose.

The best thing about the Ethereum network is that it extended the application of the blockchain technology by enabling other crucial features like Smart Contracts and Decentralized Apps based on blockchain.

Ethereum is what made blockchain distinct from the bitcoin.

Ripple (XRP)

Ripple was founded in 2012 as a global, real-time payment network which can be used for performing instant, low-cost cross-border transactions.

The major difference between Ripple and most other altcoins is that this one doesn’t require mining.

Bitcoin Cash (BCH)

Bitcoin cash (BCH) was a product of discussions and arguments over bitcoin’s scalability. It was created mainly with the purpose to overcome the issues that limit bitcoin.

For instance, the block size in BCH is 8 MB, as opposed to BTC’s block size limit of 1 MB.