Category

The Crypto Life

27 articles found for

Security 101: Staying safe in today’s digital world

Gone are the days of safe deposit boxes and padlocked filing cabinets full of personal documents. Today, our increasingly digital world means information and possessions that were previously physical are now much more likely to be stored online. In fact, a 2015 study found that 42% of respondents created more than 50 new personal profiles… View Article

How Singapore is becoming a crypto-hub

When it comes to cryptocurrency adoption, the Asia-Pacific region is way ahead of the curve. The likes of South Korea, Hong Kong, China and Japan were early adopters of crypto and blockchain technology; now, Singapore is quickly emerging as a world leader in the mainstream adoption of digital currency. Regulatory Stance The Monetary Authority of… View Article

Who’s afraid of the big, bad FUD?

Cryptocurrency has experienced something of a reputational rollercoaster in recent years. Its peak came in December 2017 when the value of Bitcoin hit a high of $19,783.06. Of course, it’s not all stunning highs and media accounts of millionaires made overnight – extreme market volatility means lows too. Since the start of 2018, the reputation… View Article

Secret Mining Society – are your devices being cryptojacked?

Cybercrime takes a near-infinite number of forms. As technology advances, criminals develop novel and ingenious ways to exploit vulnerabilities. Wirex Staff Writer Gemma Doswell takes a closer look at the insidious art of ‘Cryptojacking’. A brief history of hacking Hacking first emerged as a malicious term in the 1970s, when early hackers (known as ‘phreakers’,… View Article

9 industries that use blockchain

Blockchain technology is starting to gain traction in the mainstream. Its efficiency, transparency and versatility appeal to consumers and businesses alike, making wide-scale adoption likely in the coming decades. Recognising blockchain’s potential to disrupt traditional infrastructure, many industries have started integrating the technology into their business processes. Financial services companies are amongst the early adopters… View Article

Confessions of a Litecoin enthusiast

Finally… as of this week… Litecoin is live on Wirex! It’s absolutely one of my favourite, favourite, favourite cryptocurrencies. Personal friends know I own Litecoin — and I think it has a good chance to become a ‘household name’ by 2019. It’s faster than Bitcoin, cheaper than Bitcoin, ‘lighter’ than Bitcoin. Litecoin also went up… View Article

Bitcoin mining – a waste of energy?

Bitcoin mining uses energy – a lot of it. So much so, that in 2017, Newsweek declared mining for the cryptocurrency will ‘consume all of the world’s energy by 2020’. It’s a fanciful headline but the fact that Bitcoin mining uses more energy than some entire countries in a single year, does make it hard… View Article

How to become less crypto obsessed

Are you into crypto? Are you surrounded by people that just don’t get you? Does every day feel like a struggle to integrate with Bitcoin unbelievers? Sound familiar? Don’t worry – you’re not alone. But if you’re fed up of friends and family telling you how worried they are about your obsession with make believe… View Article

What does the Altcoin you buy say about you?

Wirex integrates with ShapeShift, letting you deposit nearly 50 different altcoins into your wallet. Although we don’t yet offer multi-coin wallets (it’s on the way though!), you can convert altcoins into Bitcoin and sell for fiat currency. However, the term ‘altcoin’ can be misleading – it implies that other cryptocurrencies are essentially interchangeable with Bitcoin…. View Article