Crypto 101: Stellar XLM

Stellar (XLM) is a Layer-1 blockchain with roots in cross-border transactions/remittances and operating as a decentralized peer-to-peer network for payments and asset tokenization.  Established in 2014 by the Stellar Development Foundation, Stellar has processed over 2 billion transactions from 6.5 million individual accounts.   Stellar officially launched in 2015, founded by Jed McCaleb and Joyce Kim after their departure from Ripple (XRP). McCaleb’s objective was to reduce the friction caused when converting fiat to crypto. Initially, the Stellar project was intended for people in developing

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Bill & Ted’s Bitcoin Adventure

It’s been ten years since Abra’s Founder & CEO, Bill Barhydt, delivered the first TED Talk on Bitcoin. Let’s look back at Bitcoin in the early days and how it evolved.  Bitcoin Price Today vs. Ten Years Ago The price of Bitcoin is a testament to cryptocurrency’s adoption and the crypto market’s supply-side economics. During Bill’s TED Talk, he mentioned the price was currently “around $5.00”. Yes, you heard it right, $5.00! As of October 12th, the price of Bitcoin is $19,156.91. Bitcoin’s price appreciation

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The Bitcoin Halvening: What you need to know?

The Bitcoin Halvening is arguably the most important recurring event in the crypto world, and one that has historically influenced the crypto market in a significant way. This article will help to explain what the halvening is, why it’s meaningful, and how to prepare for the next BTC halvening event. What is the Bitcoin Halvening, and Why is it Important? The Bitcoin Halvening, or the Bitcoin Halving, is an event that takes place approximately every four years or every 210,000 blocks, where the block reward

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Why do I Need a Recovery Phrase?

When entering the fast-paced world of crypto, there is the excitement of the market and the groundbreaking technology that powers it. There is much talk about DYOR, “Do Your Own Research,” and “Buying the Dip.” However, the recovery phrase is an essential, though not-so-glamorous, part of crypto investing, often forgotten by new users. This article covers why you need a recovery phrase, how it works and how to secure it. What is a Recovery Phrase & How Does it Work? A recovery phrase, also known

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How to Get Bitcoin for Free

Bitcoin has been a hot topic for years. News of its drastic price increases or decreases is splashed across news headlines and on social media. Presently, with the price of one Bitcoin costing approximately $20,000, owning one whole Bitcoin may seem out of reach for some.  But you should know that it’s possible to own a fraction of Bitcoin. Each Bitcoin comprises 100 million Satoshis, which are the smallest units of Bitcoin (similar to how 100 pennies equal one dollar, 100 million Satoshis equal one

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