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In a world where digital currencies are transforming the financial landscape, crypto wallets play a crucial role in safeguarding and managing these virtual assets. Whether you are an experienced investor or a curious beginner, understanding how crypto wallets work is fundamental to protecting your investments. This article delves into the essence of crypto wallets, their…
What is Blockchain Technology? Blockchain technology is a decentralised digital ledger system that records transactions across multiple computers securely, transparently, and immutably. Each record, known as a “block”, is linked to the previous one, forming a continuous “chain” of data. This structure makes it nearly impossible to alter past records without changing all subsequent blocks,…
The Indonesian Financial Services Authority (Otoritas Jasa Keuangan, OJK) is closely monitoring the evolution of blockchain technology and its potential applications within the banking sector. This move aligns with global financial trends as institutions explore digital innovations to maintain competitiveness in an increasingly tech-driven landscape. Dian Ediana Rae, Chief Executive of Banking Supervision at OJK,…
Bitcoin is a decentralised digital currency that allows users to send and receive payments without relying on a central authority, such as a bank or government. Introduced in 2008 by an anonymous entity known as Satoshi Nakamoto, Bitcoin has since revolutionised the financial landscape by providing a peer-to-peer payment system. How Does Bitcoin Work? Bitcoin…
On 5 March 2025, blockchain analytics firm Lookonchain reported that FTX/Alameda had transferred 58,964 Solana (SOL) tokens—valued at approximately $8.52 million—to the cryptocurrency exchange Binance. This transaction is part of a broader movement involving 3.03 million SOL tokens (worth $431.3 million) that FTX/Alameda recently unstaked. Market Implications: Increased Selling Pressure Concerns The substantial transfer of…