The non-fungible token (NFT) market is booming, with sales reaching $25 billion in 2021. However, the Islamic NFT market is still in its early stages of development. There are a number of opportunities and challenges associated with Islamic NFT marketplaces. Opportunities The growth of the Islamic NFT market is being driven by a number of… Continue reading Islamic NFT Marketplaces: Exploring Opportunities and Challenges in the Halal Digital Asset Space
Category: Crypto Basics
Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
In the rapidly evolving world of blockchain and cryptocurrency, Initial Exchange Offerings (IEOs) have emerged as a popular method for startups to raise funds. As with any financial activity, Muslims are keen to understand the Islamic perspective on participating in IEOs. This article aims to provide an overview of IEOs and discuss their compatibility with… Continue reading Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
10 Common Bitcoin Scams and How to Avoid Them
Bitcoin, as a leading cryptocurrency, is highly sought after. This popularity, however, also makes it a prime target for scammers. This article lists 10 common Bitcoin scams and provides practical tips on how to avoid falling into their traps. Conclusion Scammers are becoming increasingly sophisticated, but being aware of common Bitcoin scams can significantly reduce… Continue reading 10 Common Bitcoin Scams and How to Avoid Them
Understanding Bitcoin Halving: A Key Event in Cryptocurrency
What is Bitcoin Halving? Bitcoin halving, sometimes referred to as ‘halvening’, is a significant event in the Bitcoin network where the reward for mining Bitcoin transactions is cut in half. This event is hard-coded into Bitcoin’s DNA and is a crucial part of its deflationary nature. The Frequency of Bitcoin Halving Bitcoin halving is not… Continue reading Understanding Bitcoin Halving: A Key Event in Cryptocurrency
What Is Currency?
TL;DR: This comprehensive guide takes you on a journey through the history and evolution of currency, from the earliest forms of barter to the digital currencies of today. We delve into the importance of currency, the role of central banks, and the risks associated with currency trading. We also explore the principles of Islamic finance… Continue reading What Is Currency?
Surviving the Storm: 10 Essential Tips for Managing a Crypto Down Cycle
The world of cryptocurrency is a roller coaster ride, filled with exhilarating highs and gut-wrenching lows. When the market is in a down cycle, it can be a stressful time for investors. However, with the right strategies, you can navigate these challenging periods and potentially come out stronger on the other side. Here are ten… Continue reading Surviving the Storm: 10 Essential Tips for Managing a Crypto Down Cycle
Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023
As the world embraces the decentralised revolution, the demand for halal investment options has surged. In this comprehensive guide, we bring you the most anticipated list of the “Top 10 Halal Cryptocurrencies of 2023.” Brace yourself for a thrilling journey through the digital realm as we explore the crème de la crème of layer 1… Continue reading Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023
Fortify Your Crypto Assets: The Ultimate Guide to Securing Your Wallets
Securing Your Crypto – Hardware & Software Wallet Explained In the world of cryptocurrencies, securing your digital assets is of utmost importance. One crucial aspect of this is choosing the right crypto wallet. In this article, we will explore different types of wallets, including hot wallets and cold wallets, and provide detailed information on securing… Continue reading Fortify Your Crypto Assets: The Ultimate Guide to Securing Your Wallets