Author: CryptoHoppers

In the ever-evolving crypto world, the core idea is to create self-sovereignty, which means that a user can act as his own bank. If the funds are secured properly, they will be harder to reach just like in the case of well-guarded bank vaults. If we fail at any step, there is always a risk of someone remotely tapping our digital wallet.As you begin the journey on the crypto express, it is crucial to learn to secure the digital tokens neatly. It is not just limited to storage! The holders interact with DApps in the DeFi world, therefore one should…

In the rapidly evolving world of crypto and blockchain, few names stand out as vividly as that of John McAfee. Trevor Jones, a renowned artist, beautifully captures the spirit of this iconic figure in his 2018 portrait, “The Legend”. After painting this portrait of larger-than-life businessman, programmer and crypto personality, John McAfee in 2018, John invited me to his beach house in an artist residency role. After much contemplation I decided not to take him up on his offer, although now I do regret not going. What an adventure it would have been! – Trevor Jones The world was stunned…

Journalist Posted: September 18, 2023 The number of BTC new addresses has spiked to its highest in over five months. The funding rate remained positive as traders expect more price rises. Bitcoin [BTC] has recently seen a surge in new participants over the past few days, while its price remains stable within its present range. This increase in newcomers has also affected certain on-chain metrics.  How much are 1,10,100 BTCs worth today Bitcoin sees new addresses spike According to data provided by Glassnode, Bitcoin has witnessed notable surges in the creation of new addresses in recent days. The first significant…

Think of a super safe bank vault for your digital coins like Bitcoin etc. A Hardware wallet is a small physical device, kind of like a USB stick, designed to keep the digital currency safe from any theft. Your crypto is like your secret treasure which needs to be kept safe. Therefore, hardware wallets are used which are like an unbreakable box. Only you have access to the special key to open it. Since they aren’t connected to the internet, they are safe from online scams.Let us know more about the hardware wallets in this lesson!1. What is a hardware…

The NFT community is buzzing with anticipation as Machi’s audacious Apecoin proposal, which has been shrouded in drama for months, is finally reaching the voting stage today. The proposal, if accepted, could redefine the way we look at NFTs, bringing them out of digital wallets and into tangible, physical spaces – museums. Breaking Down the Apecoin Proposal Machi’s proposal is centered around the use of a staggering 11,000,000 $APE to acquire a selection of Apes, Mutants, and Punks. The end goal? To showcase these digital assets in museums, elevating their status from mere collectibles to recognized pieces of art. A…

Robert Kiyosaki, the acclaimed author of ‘Rich Dad Poor Dad,’ recently shared his positive sentiments about cryptocurrencies as the future of money. Bitcoin, the author says, could reach $120,000 next year and warns of a potential economic crisis, urging investors to consider digital currencies as a haven. Kiyosaki predicts grim fate for fiat currencies Kiyosaki recently tweeted about his strong beliefs in the potential of cryptocurrencies, owing to the upcoming TOKEN2049 crypto conference set to take place from Sept. 18-19. He took to X (previously Twitter) to express his views, saying cryptocurrencies are the future and that traditional fiat currencies,…

Securing private keys and seed phrases is very important to make a shield around the cryptocurrencies. A private key is the secret cryptographic key which is used to control and manage the access to the cryptocurrency. It should be kept secure in order to prevent any case of theft or unauthorized access to the digital assets. Whereas, a seed phrase is a recovery phrase used as a backup mechanism which allows us to recover access to the crypto wallet in case of emergencies and crucial times. Both of these elements are a critical part of the wallet security and shall…

Top Stories This Week Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee The Bitcoin miner who received 19.8 BTC in fees from blockchain infrastructure firm Paxos has returned the funds following Paxos’ claim that it made a mistake in paying over $500,000 in transfer fees. On Sept. 10, Paxos paid the six-figure fee to move $2,000, with the average network fee typically being around $2. The company later acknowledged the mistake, confirming the transfer came from its servers. Almost a day after Paxos’ claims, the Bitcoin miner who received the funds went on X (formerly Twitter) to…

Bitcoin miners have ushered in a new era of sustainability, according to a crypto analyst, who recently revealed that more than half of the energy powering crypto mining operations now originates from renewable sources. Bloomberg analyst Jamie Coutts, a leading authority in the cryptocurrency field, attributes this significant shift to “falling emissions plus a dramatically rising hash rate,” marking a pivotal moment in the journey towards sustainable cryptocurrency mining. This revelation showcases a monumental leap forward in the sustainability of the cryptocurrency industry, a topic that has long been shrouded in controversy. Bitcoin Miners Make Strides In Eco-Friendly Transition Coutts…

We can consider the crypto account like a treasure box which needs to be handled with extra security. Protecting it with an extra layer or a key could be miraculous! Two-factor authentication or 2FA is like a secret password you enter while logging in. It is a one-time code which you might receive on your phone via apps like Google Authenticator or just an SMS. 2FA is the second key to your hard-earned funds. Even if someone gets access to the password, he cannot access the assets without the second code from the phone. This extra shield of security makes…