The meteoric rise of Bitcoin casinos today truly seems like a sci-fi movie come to life. A few short years ago, the idea of playing poker on the Internet using notched currency would’ve been considered ludicrous. Now, this is starting to change. Today, you can dump cryptocurrency into a digital...
The allure is undeniable. Bitcoin casinos, which offer complete anonymity and instant payouts, are quickly rising in popularity across the continent. Yet are we really ready to deal with the consequences? Those big bonuses and the all-consuming lure of financial freedom reel ‘em in. Nonetheless, they mask an underlying tale...
Imagine this: Siti, a young entrepreneur in Jakarta, Indonesia, built her small business selling batik crafts online. Now she was able to avoid the large international transfer fees and connect with customers overseas thanks to crypto payments. One morning she wakes up to discover that all her crypto assets are...
Southeast Asia is waking up. Not only to the internet, not only to mobile payments, but to crypto. And while Bitcoin evangelists preach the gospel of Satoshi, I'm starting to wonder if the real revolution will be led by a different set of digital assets: BCH, ALGO, and XMR. Two...
Well, the Supreme Court has just denied to hear the Coinbase case. Taken altogether, this choice is a gut punch for anyone who values digital privacy. This isn’t only an issue of crypto, but rather a part of the broader, more nefarious erosion of our fundamental rights. The IRS recently...
Coinbase user James Harper is now locked in a legal showdown with the Internal Revenue Service (IRS). The argument has focused on the public access to his cryptocurrency trading records. By ruling in favor of the IRS, the Supreme Court has given the agency permission to bypass a warrant and...
The dream of decentralized finance (DeFi) in Southeast Asia is bold: financial inclusion for the unbanked, empowerment through accessible credit, and a rebellion against traditional, often exploitative, financial systems. There’s a snake in this digital paradise and it’s named transparency. Or, more accurately, the illusion of transparency. We were told...
The cryptocurrency industry is facing a growing disaster as blockchain’s built-in transparency becomes a key Achilles heel. Since 2011, hackers have drained more than $19 billion from blockchain networks. Much of this theft comes from hacking open ledgers. Easily overlooked, this transparency that was once touted as a security measure...
Decentralized Finance (DeFi) has emerged as a revolutionary force in the financial landscape, promising a more accessible, transparent, and efficient system. This burgeoning ecosystem faces a critical challenge: balancing its decentralized ethos with the growing need for privacy and regulatory compliance. Eleanor Brooks, a veteran blockchain researcher, explores the underlying...
We're at a crossroads, folks. DeFi’s promise was a financial revolution, a decentralized world beyond the reach of banks and governments’ surveillance. Yet that same transparency—once hailed as its biggest virtue—is quickly becoming its most fatal flaw. The regulators? They smell blood, lured by the aroma of wrongdoing and the...
Okay, I know what you're thinking. "$543 million liquidated? How can that possibly be good for anyone?" Trust me, I get it. Nobody likes seeing that much money evaporate. Every once in a while, it takes a controlled burn to remove all the deadwood and open up space for a...
Last week’s dramatic plunge in the cryptocurrency market saw more than $543 million in positions liquidated. More than enough to underscore the serious risks associated with crypto trading, this event marks the … It’s particularly treacherous when you throw in market volatility, margin trading, and psychological drivers such as fear...
$543 million. Gone. Poof. Gone into the tempestuous flotsam and jetsam of the crypto markets in less than 24 hours. Greed’s price tag to more than 122,000 traders, that was the price tag of greed — a painful lesson imparted with cold and lethal efficiency. Bitcoin recently reached Bermuda Triangle-like...
Picture this: Siti, a young mother from Jakarta, juggling two jobs and dreaming of a future where her kids can go to better schools. She just cannot stop hearing the chatter and buzz around crypto, around how average people are becoming crypto millionaires overnight. She happens to discover Qubetics, notices...
Qubetics has featured widely on the crypto news circuit of late…thanks to a jaw-dropping 950% pump. For those new to the cryptocurrency scene, understanding what Qubetics is, its potential, and its risks is crucial before considering any investment. BlockchainShock is committed to teaching neophytes the fundamental concepts of Qubetics. Here,...
A 950% surge in one hour? Qubetics certainly grabbed headlines, and understandably so. The appeal of get rich quick schemes often draws everyone in. Such frustration is particularly pronounced among those who are new to the crypto space. Before you full send it, let’s soberly stand back and examine the...
Snorter Bot (SNORT), a new crypto presale happening on the Telegram platform. With the presale coming to an end, it is garnering considerable buzz. The project has so far garnered $1.5 million in investor commitments, indicating high demand among investors. With under 24 hours to go, would-be investors are watching...
Genesis Qubetics, Arbitrum and Cardano are coming into prominence with crypto newcomers, each offering distinctive opportunities and features. Qubetics shot to an all-time high of $4.20 within the first hour of trading. This incredible jump represented a mind-boggling 950 percent gain from its starting value of only $0.40. Arbitrum is...