We know money as a means of purchasing goods and services. We use money to buy everything from groceries to luxury items. It has also become a measure of wealth and for some, a tool to acquire “financial freedom”. But it hasn’t always been like this. And in the future, the concept of money may change with… Continue reading From Barter and Gold to Cryptocurrency: The Evolution of Money
Cryptocurrencies have become a hot topic in recent years. 2021 saw an increasing birth of crypto millionaires. That was the time when NFT projects such as CryptoPunks and Bored Apes were selling for millions of dollars. Hearing news like this, you might wonder, “can crypto make me rich?”. The short answer is yes, crypto can… Continue reading Can Crypto Make You Rich? Halal Crypto Wealth with MRHB DeFi
In the token economy, digital democracy is driven by the sovereign individual — you and me! However, there is still a lot of cynicism around crypto. Even in a UK market where financial literacy is high, 74% say they need help understanding cryptocurrency. And even if they know, 46-52% say they don’t trust the technology.… Continue reading Can Halal Crypto Restore Faith in Cryptocurrency?
It is a truth universally acknowledged that the economy moves in cycles. And so, it is not a matter of if a recession will happen – but when. Instead of worrying about it, you can start preparing for the next recession. Diversifying your investments in different asset classes such as fiat currency, cryptocurrency, and gold… Continue reading Prepare For Next Recession: Fiat, Crypto or Gold as Safe Haven?
The rising popularity of blockchains is evident in its ever-expanding user base. As of 2022 reports, there are more than 295 million cryptocurrency users worldwide. Given the wide range of NFTs and crypto tokens, organizing a profitable digital asset base can be challenging for many. This is where crypto wallets (hot or cold wallet) can… Continue reading Hot Wallet vs. Cold Wallet: Pros & Cons
Inflation rates are on the rise globally. June 2022 wаѕ thе sixth соnѕесutіvе mоnth when thе headline Consumer Price Index (CPI) rеmаіnеd аt оr аbоvе thе upper tоlеrаnсе lеvеl оf 6%. In India, rеtаіl inflation ѕurgеd tо 7.79% in Aрrіl duе to rіѕіng fuеl and fооd prices, ассоrdіng to thе dаtа rеlеаѕеd bу thе ѕtаtіѕtісѕ… Continue reading Are Bitcoin and Crypto Good Hedge Against Inflation?
We know that stablecoins offer price stability, but can we call them Halal Crypto? This question is key to knowing whether stablecoins are safe for the faith-conscious investor. To understand the answer, we need to learn what exactly are stablecoins and what determines their ethical position. Can we leverage the risk-free nature of stablecoin tokens… Continue reading What Are Stablecoins and Are They Considered Halal Crypto?
If you’re thinking: “There are so many cryptocurrencies—what do they actually do and are they halal?” Then this article is for you! We discuss the types of crypto tokens, how to not get confused with crypto coins, and how you can start investing in halal crypto right now. Crypto Tokens vs Coins A crypto token… Continue reading Types of Crypto Tokens Explained and How to Get Halal Crypto
The crypto winter of 2022 had nothing on TOKEN2049. Attendees flocked to the annual crypto event, taking the opportunity to gain insights from leaders in the crypto industry. This article covers the highlights of the events in Singapore and London, including the tug-of-war between regulation and decentralization. What is TOKEN2049? TOKEN2049 is a premier crypto… Continue reading Crypto Regulation & Halal DeFi: TOKEN2049 Singapore & London Highlights
On Nov 11, 2022, the centralized cryptocurrency exchange FTX plunged from $32 billion to bankruptcy in a matter of days, dragging down the CEO Sam Bankman-Fried (also known as SBF) along with it. Here’s a summary of events: Discussion on the FTX debacle Following the news, there have been talks of putting in place crypto… Continue reading Could FTX Be Averted If Islamic Finance Ethics Were Applied?
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