All Bitskwela Blogs

Catch up on all things Bitskwela through our blog articles

Understanding Crypto On-Ramps and Off-Ramps

December 10, 2023

Cryptocurrencies are a different asset class from your traditional currencies which is why you can’t just simply buy cryptocurrencies from your traditional bank account, at least currently. For us to participate in cryptocurrencies, we must understand the fundamental processes of cryptocurrency on-ramps and off-ramps. On-ramps are entry points for people to convert their fiat money into cryptocurrencies. Meanwhile, off-ramps are exit points to convert crypto into fiat money. Basically, on-ramps and off-ramps facilitate the conversion of fiat money and crypto. Now, let’s explore the various options you can take for on-ramps and off-ramps.

Read Article

ReFi: Web3 Solutions to the Climate Crisis

December 7, 2023

2023 is nearing its end, and by now, the idea of Web3 has slowly transformed from expensive monkey memes to legitimate community-driven technology. We have NFTs for real estate investments, meet-and-greet tickets, and pageant voting. But how many are using this technology to fight climate change?

Read Article

What is Account Abstraction?

December 7, 2023

Account abstraction, an Ethereum token standard that leverages smart contract crypto wallets, simplifies the dApp user experience by abstracting away the technical complexities of Web3 involvement. This is a major breakthrough in democratizing Ethereum adoption, making it more accessible and user-friendly.

Read Article

5 Ways You Can Earn in Web3 (Aside from Crypto Trading!)

December 3, 2023

Are you having trouble reaching your 2023 goal of learning how to earn in crypto? Looking into a new source of income this 2024? Or maybe you’ve been exploring Web3 for quite some time but haven’t earned a single penny from it and now you feel like you’ve wasted enough time?

Read Article

How the Blockchain Technology Redefines Online Trust in the Age of AI

December 3, 2023

These days as the majority of our daily activities like study, work, and entertainment are taking place online, the risk of falling victim to misinformation, scammers, and fake identities is higher than ever before. With more and more people leveraging artificial intelligence in their online interactions, it’s becoming a huge challenge to tell apart what’s real and what is not.

Read Article

Stablecoin wallet provider Stables Partners with Bitskwela

November 29, 2023

Bitskwela and Stables proudly announce a strategic partnership aimed at synergizing their strengths in educational initiatives and user-friendly financial solutions.

Read Article

Trezor Model One Review: Trusted Security for Newbies and Experts Alike

November 29, 2023

With the constant unpredictability of the crypto market and the recent upheavals among top crypto exchanges and companies, self-custody is becoming more crucial than ever. Cold storage is no longer a nice-to-have, but a must, and crypto users who value the security of their assets would be wise to invest in a reliable hardware wallet.

Read Article

LayerZero Partners Up with Astar Network to bring Interoperability

November 28, 2023

LayerZero, an omnichain interoperability protocol specializing in lightweight message transmission across chains, has teamed up with Astar Network, a leading smart contract platform in Japan. This partnership brings forth a seamless integration of LayerZero on Astar Substrate, enabling developers to unlock omnichain functionality between Astar and over 40 other chains equipped with LayerZero endpoints. This collaboration signifies a strategic move to foster a more interconnected and robust blockchain landscape.

Read Article

Binance CEO Changpeng “CZ” Zhao Resigns

November 23, 2023

In a significant development in the cryptocurrency industry, Changpeng Zhao, widely known as "CZ," has stepped down as the CEO of Binance, the world's largest cryptocurrency exchange by trading volume. This decision followed several allegations against him and his company throughout the years. Let's look at who exactly CZ is and what could have driven a man of his caliber to give up his status.

Read Article

Securing Trust through Proof-of-Reserves

October 23, 2023

Whether you’re a complete beginner in cryptocurrency who just got interested in this new technology or a seasoned veteran who’s already been in the crypto space for years, you must have tried using a crypto exchange.

Read Article

Crypto Token Standards and What They Mean

October 10, 2023

Cryptocurrency tokens are created and function on a blockchain network according to a set of rules and protocols called a token standard. Each token has a unique token standard.

Read Article

Inclusive Innovation: Pioneering Women in Web3 Ecosystems

October 5, 2023

Despite some progress in achieving equality, women still confront persistent disparities – including gender wage gaps, harassment, and discrimination in opportunities.

Read Article

W3GG of YGG Partners with Bitskwela for Educational Initiatives Across Southeast Asia

September 25, 2023

In the spirit of collaboration, W3GG and Bitskwela are joining forces to further the cause of Web3 and promote crypto-literacy across Southeast Asia.

Read Article

Bull Run or Bear Market: When Do You Need a Hardware Wallet?

September 13, 2023

Whether you're caught up in the volatility of a bull run or waiting out the inaction during a bear market, here’s why getting a hardware wallet is a must for guaranteeing the security of your crypto assets.

Read Article

Coinfest Asia 2023: Asia's Immersive Web3 Festival

September 7, 2023

Coinfest Asia stands as an immersive Web3 festival that unfolded on August 24-25, 2023, against the stunning backdrop of Bali Clifftop, Indonesia.

Read Article

Tier One Entertainment Partners with Bitskwela in Efforts Toward Web3 Awareness and Education

September 7, 2023

With this partnership, Tier One Entertainment will work together with Bitskwela in greater efforts for Web3 awareness and education.

Read Article

Smart Contract Wallets: Smart Contracts Meet Crypto Wallets

September 3, 2023

Say goodbye to worries about security and hello to a new age of digital assets with Smart Contract Wallets.

Read Article

NexHire Partners with Bitskwela in Helping People Connect with Web 3 Communities

August 14, 2023

With this partnership, NexHire will work together with Bitskwela in helping people connect with Web 3 communities and promoting crypto literacy.‍

Read Article

CoinVault Partners with Bitskwela in an Initiative about Web 3 Education and Asset Security

August 14, 2023

With this partnership, CoinVault will work together with Bitskwela in an initiative to help Web 3 users to be knowledgeable about Web 3 education and asset security.

Read Article

Bull or Bear Grand Event, Web3: The New Internet

August 10, 2023

On July 15, 2023, Bitskwela presented its highly anticipated Web3 debate themed "Web3: The New Internet" at Ayala Malls Central Bloc in Cebu, in partnership with Hive, Bitget, Tekkon, and CoinW. The event brought together experts, industry leaders, and curious minds to delve into the topic of Web3 adoption and its potential to reshape the internet.

Read Article

Bitcoin and its Different Layers

August 8, 2023

In continuation of Bitskwela’s Bitcoin (BTC) series, our topic of discussion for this piece will be BTC’s layers: what are layers, why are layers necessary, and what are BTC’s layers 1, 2, and 3. Let’s go!

Read Article

Upgrades to the Bitcoin Network

July 18, 2023

Bitcoin network refers to the backbone of Bitcoin. These are decentralized systems that involve users, miners, nodes, wallets, and blockchain technology, all working together to keep the Bitcoin network running.

Read Article

Tiktok Partners with Bitskwela in an Effort to Support Educational Campaigns

July 4, 2023

With this partnership, Tiktok will work together with Bitskwela in supporting educational campaigns and educational content within and outside the TikTok app.

Read Article

Bull or Bear Side Event #2: Brushes and Pixels

June 20, 2023

Are NFTs considered art? Following the emergence of Non-Fungible Tokens (NFTs) over the past few years, this question has been a heated topic. Could these NFTS penetrate into the art scene and become one of the many mediums like those artists have used over the years?

Read Article

Bitskwela Partners with Sekuya to Enable Web 3 Education For Everyone

June 19, 2023

With this partnership, Sekuya will work together with Bitskwela in the form of educational initiatives involving content creation, translation of local languages in respective countries, and collaboration between communities.

Read Article

Bull or Bear Side Event #1: The Limits of DYOR

June 18, 2023

In the world of Web 3 influencer marketing, there are ongoing discussions about the roles and responsibilities of Key Opinion Leaders (KOLs) or influencers. To shed light on these discussions, an informal debate titled “The Limits of DYOR: A Debate on Web3 Influencers & Promotions" was organized on Twitter.

Read Article

Bitcoin Pizza Day 2023 by CryptoBilis

June 18, 2023

CryptoBilis, an authorized reseller of crypto hardware wallets in Malaysia, hosted this year’s 2023 Bitcoin Pizza Day along with Polygon Guild Malaysia, Bitcoin Malaysia, and Cryptocurrency Malaysia on June 3, 2022, at Sentul Warehouse 3, Sentul, Kuala Lumpur, Malaysia.

Read Article

Safety First: Learn How to Protect Yourself and Safeguard Your Crypto

June 6, 2023

Scams are everywhere, especially in the crypto space. As cryptocurrencies grow in popularity, scammers keep devising new tactics to exploit beginners and unsuspecting individuals to steal their hard-earned digital assets.

Read Article

NFT Fractionalization: A Bigger Part to Play in Web 3

May 16, 2023

Physical artworks (particularly those credited to the most popular painters of their time) are extremely expensive and are almost impossible to purchase for most people. However, an artful solution is to divide the artworks in principle (not physically cutting them up) and to sell these individual pieces to others. This is referred to as fractional ownership.

Read Article

What is a Direct Acyclic Graph (DAG)?

May 4, 2023

What is Direct Acyclic Graph or DAG? A DAG is a type of data storage and consensus mechanism that is different from Bitcoin or Ethereum or blockchain. Technically, it’s not a chain of transaction blocks. Instead, the transactions are represented in a graph or a tree-like manner.

Read Article

“Bitcoin” by Florin Hilbay: Exploring the Dean of Silliman University’s Perspective on Bitcoin

May 1, 2023

Florin Hilbay, the current dean of Silliman University’s College of Law, and former Solicitor General of the Philippines, recently spoke at the Bitcoin Conference, where he shared his perspective on Bitcoin as a language.

Read Article

Boracay Bitcoin Island Retreat: Industry Leaders Gather to Explore the Future of Bitcoin

May 1, 2023

Major players in the country's cryptocurrency industry, Pouch.ph, Coins.ph, and Bitskwela, recently collaborated to host the first-ever Bitcoin Conference in the Philippines, where dozens of Bitcoiners and industry leaders from around the globe gathered. The event took place from March 27th to 29th, 2023, at Henann Regency in Boracay.

Read Article

Stablecoins and CBDCs: How Do They Differ?

May 1, 2023

Digitalization is an ongoing trend impacting various industries, and the financial sector is also adapting to this change.

Read Article

NFT Adoption by Big Tech

April 29, 2023

on-Fungible Tokens (NFTs) have piqued the interest of Big Tech due to their potential prospects of growth. Companies have started to utilize NFTs into their business operations. Let’s examine how each company is leveraging these digital assets into their business processes.

Read Article

The WORST Mistake You Can Make as a First-Time Community Builder

April 28, 2023

The worst mistake you can make as a community builder is to grow your community from the inside — especially if it’s a private community. Let me explain.

Read Article

Do You Need to Pay Taxes on Your Crypto?

April 28, 2023

Understanding the taxation of cryptocurrencies is essential for legal compliance, financial planning, pushing adoption, and fostering innovation. In general, individuals and businesses are also protected from any legal and financial consequences by understanding and adhering to tax legislation.

Read Article

AI and the Metaverse

April 22, 2023

Unless you’ve never touched your smartphone or PC since January, you know that there’s one thing in the newsfeed of every internet user these days: artificial intelligence.

Read Article

2022 NFT Recap

April 22, 2023

With the cryptocurrency market having lost around 66% of its value in 2022, it brought forth the question of whether blockchain technologies such as NFTs were still relevant or if their supposed hype finally died down. Yet, 2022 was a year of evolution for NFTs with many new platforms, collaborations, users, and traders being brought into the space.

Read Article

Learn Crypto the Easy Way: Bitskwela Partners with GCash to Bring Crypto Education to the everyday Filipino

April 13, 2023

Bitskwela is excited to announce its partnership with GCash, the top e-wallet in the Philippines, boasting an astounding 76 million registered users and 4.5 million partner merchants as of 2023.

Read Article

An Introduction to Merkle Trees

March 5, 2023

Merkle Trees are vital to blockchain technology and its development. It uses the concept of hashing and cryptography. Merkle Trees focus on ensuring that a dataset is valid without actually having to check each datapoint from the start.

Read Article

Big Tech Companies Adopting Blockchain Technology

March 5, 2023

Major technology companies are exploring the use of blockchain in order to optimize various industries and leverage the technology in their business operations. Among the list of big tech companies are IBM, Microsoft, Google, and Amazon.

Read Article

Ideologies in Cryptocurrencies and Web 3

February 22, 2023

Ever wonder why your NFT degen buddy invests so differently from your 2017 bear market survivor, ETH hodler uncle? Why does Michael Saylor only buy Bitcoin and why is it funny that dog coins are still alive?

Read Article

Router Protocol’s Driver of Ecosystem Growth for Asia Joins Bitskwela as Advisor and Board Member

February 12, 2023

Bitskwela proudly introduces Darlene Torres as our advisor and board member. Torres is currently driving strategic efforts for Router Protocol's ecosystem growth in the field of blockchain interoperability.

Read Article

How to Keep Your Hot and Cold Wallets Safe?

January 30, 2023

Everyone wants to keep their money safe. Especially if you’ve worked hard for it, you would want to ensure that you do your best to safeguard it from being stolen or lost. And just like with cash, cryptocurrencies are stored in wallets to hold funds.

Read Article

Career Opportunities in Web 3: How You Can Land Your First Web 3 Job

January 30, 2023

Web 3 proposes a shift towards a more open, decentralized internet, which has the potential to provide both people and businesses considerable advantages and new opportunities.

Read Article

Are NFTs Bad for the Environment?

January 30, 2023

With the release of Bondee, the trending social app that lets you and your friends meet together virtually as cute avatars, this controversial statement sparked debates on social media:

Read Article

Five Questions for the Future of the Metaverse

January 16, 2023

The most optimistic view of the metaverse sounds like former US President Abraham Lincoln’s famous definition of democracy: a society built by the people and for the people. But is it, really? Here are five questions to ponder about the future of this virtual world.

Read Article

What Do We Need to Build the Metaverse?

January 16, 2023

The metaverse is the sum of all virtual worlds powered by emerging technology, and their differences from each other can be as stark as night and day.

Read Article

What Is the Metaverse?

January 16, 2023

With all the hype surrounding it, the metaverse almost became 2022’s Oxford Word of the Year. Many are calling it the future of the internet, and billions of dollars have already been spent on creating it. But what exactly is the metaverse?

Read Article

What is Blockchain Sharding?

January 16, 2023

Sharding of data in databases is not a new concept. That’s right! Sharding is a concept borrowed from horizontally scaling databases.

Read Article

Prospects of On-Chain Metrics

December 21, 2022

The current state of on-chain metrics has been remarkable despite being in its early stages, as it is able to bring value not just on investment decisions but also in understanding the broader picture of the blockchain. On-chain metrics' potential future is something to be excited about.

Read Article

Dollar-Cost Averaging (DCA) - Should You Give It A Go?

December 20, 2022

Do you want to perfectly time the market, buy the bottom and make that sweet 100x gain? Sorry to say, but you’d best give up on that. Truth be told, the best traders and investors admit that they have no idea where the market will actually go. Anyone telling you they can predict the future is probably either delusional or lying.

Read Article

Spotlight on Sports NFTs

December 20, 2022

Non-Fungible Tokens (NFTs) are digital artifacts that have unique identifiers, and as such, cannot be replicated. The potential for such technology can easily be seen, and it has been utilized by different entities across various industries.

Read Article

Starting Out with Phantom

December 4, 2022

Phantom is a cryptocurrency wallet built on and for the Solana blockchain; it is often considered to be the Solana counterpart for Metamask. It allows users to easily and safely buy, send, receive, store, and swap tokens, while letting them collect NFTs that are on the Solana blockchain.

Read Article

Rise of Digital Collectibles: the long-awaited “NFT” rebrand

November 22, 2022

The term Non-Fungible Token (NFT) has always been problematic for mass Web 3 adoption. In order for mass adoption to happen, conversations about Web 3 verticals, such as decentralized finance, cryptocurrency, and digital collectibles, have to have a “jump-off” point from Web 2.

Read Article

A full-stack marketer’s guide to selling out NFT Collections: Key insights obtained from selling out multiple collections working with 60+ projects for the past 2 years

November 22, 2022

Web 2 marketing doesn’t work in Web 3.

Read Article

How to Launch Collaborations that Grow Communities: A Guide for Web3 Founders

November 12, 2022

Collaborations are a bootstrapped founder’s friend. Partnerships and collaborations are a crucial part of Web3 marketing since Web3 marketing is all about community building.

Read Article

The Future of Web3 Communities: What’s Next After the NFT Community Craze?

November 12, 2022

NFT communities are dying. But they paved the way for Web3 communities to hyper-grow for the past 2 years, and Web3 marketing and community-building tactics are heavily influenced by the marketing META that NFT communities introduced in the space.

Read Article

Get to Know Router Protocol

October 22, 2022

Cross-chain messaging protocols allow blockchains to read data from and/or write data to other blockchains and are the cornerstone of blockchain interoperability.

Read Article

Limitations of On-Chain Metrics

October 10, 2022

Despite the benefits of data-driven insights derived from on-chain metrics to one's investment decisions, on-chain metrics have some drawbacks and limitations.

Read Article

This Filipino Tech Company Can Possibly Solve the National ID Card Crisis In the Philippines

October 6, 2022

Obtaining a valid government-issued ID in the Philippines has been taxing for all Filipinos, but this Filipino Tech Company may be able to help in resolving this issue with their latest ID card technology called Tetrix Link Card, powered by blockchain technology.

Read Article

Bitskwela Partners with ZFT for Social and Educational Initiatives

October 5, 2022

With this partnership, ZFT will work hand-in-hand with Bitskwela in the form of social and educational initiatives aligned with the mission of both organizations.

Read Article

The Current State of Bitcoin - A Technical Outlook

October 5, 2022

As interest rates started to rise, it became likely that the US stock market and other risk assets started to sell off because of their inverse correlation with said rates.

Read Article

Bitcoin vs. Altcoins

September 30, 2022

Bitcoin is a form of cryptocurrency; specifically, it is the largest and most well-known cryptocurrency, but it’s NOT the only one in the market.

Read Article

The Rise of Altcoins

September 28, 2022

While we can’t deny that Bitcoin’s mainstream popularity has arguably put the blockchain on the map, there are a lot of other cryptocurrencies that have been making waves and building a name for themselves—these are the altcoins.

Read Article

Tetrix Link: Powering Global Systems

September 27, 2022

Tetrix is a Filipino tech developer company. They recently came out with their Tetrix Link card, which uses near-field communication (NFC) technology to facilitate trouble-free information sharing with just a single tap from your smartphone.

Read Article

Bitskwela Partners with Honest Farmers Club to Expand Crypto Literacy

September 25, 2022

With this partnership, Honest Farmers Club will work together with Bitskwela in educating HFC community members about cryptocurrencies and Web 3.0.

Read Article

Which On-Chain Metrics Should You Look At?

September 24, 2022

As blockchain data becomes more publicly available, numerous types of on-chain metrics emerge. Examples of two robust and widely used on-chain metrics are the Bitcoin HODL Waves and the Bitcoin Realized HODL Ratio.

Read Article

What is The Ethereum Merge?

September 23, 2022

The second-largest cryptocurrency and the largest smart contract blockchain in the world, Ethereum just accomplished The Merge. But what does the merge actually mean, and does it solve Ethereum's current problems?

Read Article

What Happened to LodiCoin?

September 23, 2022

If you have been reading current events on Web 3 discussion groups, you would be aware that a recently launched token has lately sparked a lot of discussion in the Philippine Web3 community. The token is known as LodiCoin.

Read Article

Bitskwela Partners with Router Protocol to Share About the Importance of Interoperability

September 22, 2022

This partnership with Router Protocol will amplify Bitskwela’s mission to educate retail users, enterprises, and government sectors on the importance of interoperability to achieve true decentralization.‍

Read Article

Bitskwela Partners with AltSwitch to Help Promote Web 3.0 and Crypto-literacy

September 12, 2022

With this partnership, AltSwitch will work alongside with Bitskwela's different online educational initiatives to help promote Web 3.0 and crypto-literacy.

Read Article

Bitskwela Partners with Trilz to Share Information about Web 3.0

September 11, 2022

With this partnership, Trilz will work together with Bitskwela's blog and social initiatives to help share information about cryptocurrencies, Web 3.0, and the blockchain.

Read Article

Bitskwela Partners with Ateneo MEcO to Help Expand Crypto Literacy

September 8, 2022

With this partnership, MEcO will work alongside with Bitskwela's different online educational and social initiatives to help expand crypto-literacy for fellow students and teenagers.

Read Article

Is it over for Terra-Luna? Here’s What You Should Know About the Crash

July 16, 2022

The intense collapse of LUNA and UST has definitely ruined not just the reputation of Terra-Luna’s team, but also the cryptocurrency market in general.

Read Article

Bitskwela Partners with Museigen Training Academy to Help Expand Crypto Awareness and Adoption

July 7, 2022

With this partnership, Museigen will work hand-in-hand with Bitskwela's different online educational initiatives to help expand crypto-literacy locally.

Read Article

What are Consensus Mechanisms?

July 5, 2022

Cryptocurrency often finds itself being severely criticized due to various reasons. Its decentralization is a favorite topic of its critics.

Read Article

Bitskwela Partners with Web3 Philippines in Providing Access to Free Web3 Education

July 5, 2022

With this partnership, Web3 Philippines will work hand-in-hand with Bitskwela's community to democratize crypto-literacy locally.

Read Article

What are the Different Blockchain Layers?

June 30, 2022

If you’re new to the blockchain, you might be surprised to discover that they’re more than just blocks of stored data on a chain. They actually have many layers.

Read Article

What is the Blockchain Trilemma?

June 22, 2022

Every day, you and I are faced with choices that we must make, even if it means sacrificing other alternatives. Similarly, the blockchain faces dilemmas.

Read Article

Bitskwela Partners with Gibki to Build NextGen Filipino Web3 Developers

June 18, 2022

With this partnership, Gibki will work hand-in-hand with Bitskwela’s mission by providing blockchain and cybersecurity consultancy.

Read Article

Introduction to On-chain Metrics

June 15, 2022

Did you know that cryptocurrency data can be viewed? This would not have been possible if on-chain metrics did not emerge.

Read Article

Bitskwela Partners with Likha to Educate Filipinos on NFTs

June 9, 2022

Bitskwela is proud to announce its partnership with Likha to help educate Filipinos on NFTs.

Read Article

Blockchain: A Revolutionary Invention born 20 years ago

June 5, 2022

If you’ve ever heard about “Bitcoin”, there’s a big chance that you’ve also encountered the term “blockchain.” However, did you know that this concept has been around since 1991?

Read Article

December 10, 2023