The new economy is upon us. The digital world has forever changed the way we communicate and do business. Social media has driven companies to connect with their target audience to stay ahead of the curve with marketing campaigns and brand identity. Companies need an online presence to remain competitive in today’s market, and services […]
Catenaa, Friday, November 15, 2024-Venture capital giant Andreessen Horowitz (a16z) has expressed optimism for a crypto-friendly regulatory landscape under President-elect Donald Trump’s administration. The firm’s crypto policy team highlighted a promising path toward regulatory clarity, with expectations that Trump’s government will foster innovation, supporting crypto’s growth in the U.S. In a recent note to crypto […]
New York, Saturday, November 02, 20240-Asia has overtaken North America as the top destination for crypto developers, with the region now representing 32% of the global talent pool, a significant increase from 13% last year, according to data from Electric Capital. In contrast, the United States’ share has dropped to 18.8%, marking a 51% decline […]
Catenaa, Sunday, December 08, 2024- The Australian Securities and Investments Commission (ASIC) is inviting feedback on proposed updates to its guidance for digital asset regulation, aiming to clarify how existing financial laws apply to the fast-evolving sector. The updated guidance details how entities offering digital asset-related financial services can secure an Australian Financial Services (AFS) […]
The Importance of Blockchain in Financial Services In an era where the financial industry handles trillions of dollars daily, the need for transparency, security, and cost-efficiency is paramount. Blockchain addresses this challenge by streamlining banking and lending services, reducing counterparty risk, and minimizing issuance and settlement times. Blockchain, a secure and transparent method of recording […]
Blockchain has proven to be a revolutionary technology that has the potential to change the way we live and do business. It’s a decentralized, immutable, distributed, public ledger of transactions containing digital records which are grouped together in blocks and then linked together to form a chain. This makes it possible for multiple parties to […]
New York, Monday, October 7, 2024- The BRICS alliance is reportedly considering introducing a “petroyuan” in its latest de-dollarization attempt, ahead of its upcoming summit in Kazan, Russia, next month. The move would replace the dollar-based system for oil transactions with the Chinese yuan, posing a challenge to the U.S. dollar’s dominance in global markets. […]
ZURICH Tuesday, June 18, 2024 – The Cardano blockchain network, known for its focus on peer-reviewed development, is nearing a critical milestone with the upcoming June hard fork, according to a post on Platform X by Charles Hoskinson, co-founder of Input Output Global (IOG), the company behind Cardano. This upgrade, dubbed the “Chang fork,” will […]
New York, Saturday, October 12, 2024-China may soon sell 542,000 ETH, valued at $1.3 billion, seized from the PlusToken Ponzi scheme. Recent reports suggest that 7,000 ETH were transferred to exchanges, indicating potential plans to offload the remaining tokens. Crypto researcher ‘FreeSamourai’ highlighted this movement on October 10, although a significant selloff has yet to […]
BEIJING, Friday, December 22, 2023- China has called for a coordinated international push to establish robust regulations governing the cryptocurrency market and decentralized finance (DeFi), according to its China Financial Stability Report released in December 2023. The latest financial stability report from the People’s Bank of China marks a notable shift in approach, emphasizing the […]
New York, Wednesday, October 30, 2024-Visa yesterday announced a partnership with Coinbase to integrate Visa Direct, enabling real-time account funding for Coinbase customers using eligible Visa debit cards. This feature allows users to instantly deposit funds, enhancing flexibility for trading opportunities in the fast-paced crypto market. The integration will enable Coinbase users across the US […]
New York, Wednesday, July 31, 2024— CrowdStrike Holdings Inc. partners estimate a 20% reduction in new bookings for the second half of the year following a significant tech outage, according to a report by Morgan Stanley. The cybersecurity firm’s partners reported disruptions in their operations due to the outage, which occurred earlier this month and […]
Singapore, Wednesday, November 06, 2024 – A consortium of prominent cryptocurrency firms, including Robinhood, Kraken, and Paxos, has introduced a new stablecoin, the Global Dollar (USDG), structured to distribute reserve-based income among its participants. Issued out of Singapore by Paxos, the USDG stablecoin aligns closely with the Monetary Authority of Singapore’s upcoming regulatory framework for […]
SingularityNET is a decentralized AI marketplace that leverages Blockchain technology to provide open access to algorithms and applications. It aims to develop Artificial General Intelligence (AGI) with extensive capabilities. Founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, the platform gained attention through Sophia, a humanoid robot created by Hanson Robotics. While Sophia’s […]
In a highly digitised society, digital identity is more important than one’s physical identity. The irony is that today we do not own our digital identity and our digital identities are held by trust corporations and third parties. Digital identity and decentralized identity are two different approaches to managing a person’s digital identity. A digital […]
Blockchain oracles are a vital part of blockchain infrastructure that has and continues to connect Web3 with the physical world. Blockchains are closed off by nature and can only access native on-chain data, severely limiting their scope of use and functionality. To overcome this challenge, decentralized oracle networks (DONs) provide a decentralized and trustless mechanism […]
Ethereum is one of the most popular cryptocurrencies. It has been around for a while but has seen massive growth in 2017. Whether you’re just getting acquainted with it or are a seasoned pro, there’s a lot you probably don’t know about it. To help clear up some common misconceptions, we will go over what […]
WASHINGTON, DC, Friday, September 13, 2024 — eToro USA had reached a $1.5 million settlement with the SEC over charges of operating an unregistered broker and clearing agency about its cryptocurrency trading platform, a Reuters report said. This settlement includes the cessation of most crypto asset trading for US customers, allowing only Bitcoin, Bitcoin Cash, […]
Introduction to Midnight Cardano Project Web 2.0 introduced a new era of communication, which enabled global communities to better interact and share information with each other. However, consequently, the risk of data loss, manipulation, and misuse has increased drastically due to weak regulatory systems. With the introduction of Web 3.0, many users expected direct solutions […]
In the era of Web 3.0, we are exploring the use of Blockchain technology and have witnessed the advancements of Smartphones; what if both worlds merge? Similar to an Android or iPhone, web 3.0 phones can be loaded with native dApps, be used as a wallet, create Non-Fungible Tokens, and many more endless Web 3.0 […]
New York, Tuesday, November 05, 2024-The US Federal Deposit Insurance Corporation (FDIC) last week faced a backlash from the crypto industry following reports that it had sent multiple letters urging banks to pause their involvement in cryptocurrency services. Coinbase, a leading cryptocurrency exchange, revealed these developments, accusing the FDIC of deliberately discouraging banks from engaging […]
The founders of Bitcoin created Lightning Network to provide an alternative payment system that would be free from central control. They aimed to enable peer-to-peer transactions, eliminate the need for intermediaries, and reduce transaction fees. Bitcoin was designed to be secure, transparent, and globally accessible, potentially challenging the existing financial system. However, Bitcoin has […]
Catenaa, Saturday, November 23, 2024- Goldman Sachs Group Inc. is set to spin out its digital-assets platform into an independent entity within the next 12 to 18 months, further solidifying its commitment to blockchain technology. The new company will focus on enabling major financial institutions to create, trade, and settle financial instruments using blockchain. Goldman […]
New York, Tuesday, July 23, 2024 – Grayscale Investments, the world’s largest crypto asset manager announced on July 19 that it had launched the Grayscale Decentralized AI Fund.Grayscale’s website on the Fund can be reached here. This innovative offering allows accredited investors to tap into the cryptocurrency ecosystem’s burgeoning decentralized AI (DAI) sector. The fund […]
While the current cryptocurrency market has come a long way since its inception back in 2009, there are still numerous challenges to overcome. For example, the volatility of prices and uncertain trust in central authorities pose significant problems. Enter stablecoins: instead of issuing new cryptocurrencies that track an index or basket of other assets, stablecoins […]
Wireless networks have become an essential part of our daily lives. With the daily increasing demand and usage of IoT devices, there is a requirement for a reliable and secure wireless network that can support these devices. That is where Helium comes into play. In this article, we will explore the Helium Future Wireless Network, […]
Catenaa, Saturday, November 16, 2024- Infinex, the decentralized exchange founded by Kain Warwick, has partnered with Near Foundation to incorporate Near Chain Signatures into its platform. This integration will allow users to sign transactions across multiple blockchains using a single Near account, enhancing ease and interoperability for decentralized finance (DeFi) users. The partnership enables Infinex […]
New York, September 8: ConsenSys, which owns Infura, said on its website that Infura would release a decentralized version of its service by the end of 2023. This decentralization would be operated by multiple entities, making it resilient to outages. Infura is a blockchain infrastructure-as-a-service (IaaS) platform that provides developers with access to Ethereum and […]
The digital age has changed how we live and operate. From social media to e-commerce, the digital world has given us access to information and opportunities previously limited to a selected few. With its vast array of uses outside of currency and payments, the digital economy is now called the Blockchain Economy. The blockchain is […]
What is the Lightning Network? Scalability and transaction speed have grown to be crucial issues for blockchain networks as the world of cryptocurrencies continues to develop. The lightning network has shown to be a promising solution, and Litecoin, one of the oldest and most respected cryptocurrencies, has made significant strides in implementing this technology. The […]
Catenaa, Sunday, December 08, 2024 – Namada, a cutting-edge shielded asset hub, has launched its mainnet with the publication of its genesis block, a media release said. This milestone introduces shielded cross-chain transactions, offering advanced data protection and selective disclosure across multiple blockchain networks. Namada’s debut initiates the first of five phases in a decentralized […]
Finance… the backbone of the global economy, provides the means for individuals, businesses, and governments to manage their financial resources. The financial system, which includes banks, insurance companies, and other financial institutions, provides services such as lending, borrowing, and risk management and facilitates the flow of capital throughout the economy. Without a well-functioning financial system, […]
San Francisco Wednesday, January 17, 2024 – Ondo Foundation, a decentralized investment platform dedicated to bridging traditional finance with decentralized finance (DeFi), has introduced ONDO Points and a token unlock plan. The goal is to encourage community participation and establish a robust governance structure. ONDO Points serve as a gateway to governance, allowing users to […]
New York, Friday, October 11, 2024- Digital asset infrastructure provider Ripple said it had introduced new functionalities to its custody service, aiming to deliver “bank-grade” security to cryptocurrency firms. These enhancements include integration with the XRP Ledger (XRPL), offering companies expanded liquidity and the ability to tokenize real-world assets (RWAs). The XRP token surged by […]
New York, Monday, October 21, 2024 – Russian President Vladimir Putin had revealed a plan for BRICS countries to adopt digital currencies as an investment tool, aimed at reducing dependence on Western financial systems during a BRICS media meeting on Friday, October 18. At the meeting Putin emphasized the proposal’s goal to drive economic growth […]
New York, Sunday, November 03, 2024-The US Securities and Exchange Commission (SEC) has issued a Wells Notice to Ethereum-based gaming company Immutable, suggesting it may face legal action for alleged securities law violations connected to its IMX token sales. The SEC’s notice also included a letter to Immutable’s CEO, James Ferguson, and the Digital Worlds […]
New York, NY, Monday, February 12, 2024 –The US Securities and Exchange Commission (SEC) on Tuesday, February 6, 2024, announced changes in rules seen as having potentially significant implications for cryptocurrency and decentralized finance (DeFi) markets. The new rules mandate increased registration, participation in a self-regulatory organization, and adherence to federal securities laws and regulations […]
New York, Thursday, August 1, 2024- Sen. Cynthia Lummis, R-Wyo., introduced a bill to the U.S. Senate yesterday, Wednesday, July 31, 2024, seeking to establish a national Bitcoin reserve as political interest in cryptocurrency intensifies. The chances of this becoming law are currently seen as very low. The presented draft can be reached here. The […]
Singapore, Wednesday, November 06, 2024 – The Monetary Authority of Singapore (MAS) yesterday announced new measures to accelerate asset tokenization, aiming to transform the nation’s financial services landscape. Under its flagship Project Guardian, MAS plans to support tokenized asset markets through the establishment of commercial networks and infrastructure. As an initial step, MAS will create […]
Catenaa, Sunday, November 17, 2024-SingularityNET, a decentralized AI network, and the ASI Alliance have launched AIRIS, the first self-learning proto-AGI, within Minecraft. Unlike traditional game AI, AIRIS adapts and creates its own rules in real time, evolving through experiences and challenges within the game. AIRIS—short for Autonomous Intelligent Reinforcement Inferred Symbolism—works autonomously without pre-set rules, […]
Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]
New York, Monday, October 28, 2024- A recent report by the Bitcoin Policy Institute suggests central banks consider Bitcoin as a hedge against rising inflation and geopolitical risks. Authored by economist Matthew Ferranti, the report titled The Case for Bitcoin as a Reserve Asset argues that Bitcoin could serve as a strategic reserve, potentially protecting […]
Taipei, Saturday October 5, 2024 – Taiwan’s Financial Supervisory Commission (FSC) has introduced new anti-money laundering (AML) regulations for virtual asset service providers (VASPs), setting a September 2025 deadline for full compliance. Firms failing to meet these requirements could face fines of up to NT$5 million ($155,900) or a two-year prison term. The updated regulations, […]
New York, Sunday, November 03, 2024-Franklin Templeton has announced the expansion of its OnChain US Government Money Market Fund (FOBXX) to Coinbase’s Ethereum scaling network, Base. This strategic move, announced on Thursday, allows the asset manager’s flagship crypto product to reach a broader audience on a platform designed for efficient and cost-effective development of crypto […]
Blockchains are a revolutionary technology that creates a new era of secure digital transactions. The blockchain is composed of multiple layers, each responsible for different aspects of the blockchain. Layer zero is the foundation layer responsible for the core functionalities of the blockchain. It is responsible for the consensus mechanism, governance, and incentive structure. Uncovering […]
Menlo Park, California, Friday, August 04 – Meta Platforms Inc. CEO Mark Zuckerberg said on Friday that the company’s Threads app will soon have search and web functions. Zuckerberg made the announcement in a post on Threads, a short-form messaging app that is designed for close friends and family. He said that the new features […]
NFT ticketing is transforming event ticketing by offering a safe, transparent, and efficient method of issuing and managing tickets. Because they are kept on a blockchain, Non-Fungible Tokens (NFTs) are much more difficult to fabricate or duplicate than traditional tickets. This reduces the danger of fraud and counterfeit tickets by allowing event organizers to ensure […]
New York, Monday, September 02, 2024- Presidential candidate Donald Trump, along with his family and associates, is deepening his involvement in the cryptocurrency world, with a new focus on decentralized finance (DeFi) and non-fungible tokens (NFTs). Recently, Trump has been promoting World Liberty Financial, a DeFi project aimed at eliminating traditional financial intermediaries like banks. […]
New York, Friday, August 23, 2024-Former President Donald Trump announced on Thursday the launch of a new cryptocurrency platform, named The DeFiant Ones, targeting unbanked and underserved communities. This comes in the wake of reports that emerged on August 16 on the financial disclosures which revealed that Trump held at least $1 million in cryptocurrency, […]
Catenaa, Saturday, November 23, 2024-Donald Trump’s social media company, Truth Social, is reportedly in “advanced talks” to acquire Bakkt, a crypto platform founded by the Intercontinental Exchange (ICE) in 2018. The acquisition, if completed, would be an all-stock deal, with Trump Media and Technology Group, which Trump holds a 53% stake in, purchasing the platform […]
Understanding Uniswap Uniswap is a unique form of exchange that employs the Automated Liquidity Protocol, an innovative concept in the crypto and blockchain field. Uniswap was developed in 2018; the platform offers interoperability across all ERC-20 tokens and infrastructures, leveraging the power of Ethereum, the world’s second-largest cryptocurrency by market value. What sets Uniswap apart […]
Introduction: Understanding the Basics of Blockchain Layer 3 Blockchain technology has progressed tremendously over the years, giving birth to a multi-layered design to boost speed and scalability. At the core of this design is the notion of blockchain Layer 3, a critical component that extends the capabilities of the blockchain protocol. In this post, we […]
Catenaa, Monday, December 09, 2024-The US Treasury has officially referred to Bitcoin as “digital gold” following its explosive price surge, which recently saw the cryptocurrency cross the $100,000 threshold. The recognition marks a significant shift in the way the US government views Bitcoin, particularly as its market value continues to soar amid growing institutional interest. […]
The world is changing at a drastic pace, and with it, the world of the Internet is changing as well. As institutions continue to explore cryptocurrency and Blockchain technology, they’re beginning to see the value that this technology can bring to their operations. With more and more companies jumping on the digital assets bandwagon, it […]
Humans wrap themselves in different materials to explore different environments. For example, divers put on wetsuits, while astronauts wear spacesuits. Similarly, cryptocurrencies require a form of wrapping to venture off into other blockchains. Hence Cardano cBTC. What is Cardano cBTC? Cardano cBTC is a cryptocurrency that is built on the Cardano blockchain and is a […]
If you are a crypto enthusiast, you may have come across the term liquidity mining, but are unsure about it. The most common investment approach in this field is HODLing, which means buying and keeping the assets in their wallets until the market prices rise. However, there are many passive income ways to grow your […]
Virtual worlds were once only seen in science fiction, but with technological advancements, these imaginative realms are becoming a tangible possibility. It may be soon that you or an avatar representing you can venture to the edge of the Milky Way with your companions while enjoying the comfort of your home through virtual reality.Most of […]
On July 5 2023, Meta, the parent company of Facebook and Instagram, unveiled its latest communication platform: Threads. This launch marked a significant milestone in the world of social media, drawing attention for several compelling reasons. Firstly, any new application introduced by Meta, the industry giant in the realm of social media, naturally piques curiosity […]
New York, Wednesday, October 16, 2024-World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump, has raised $9.15 million on the first day of its public WLFI token sale, reports say. “About 610 million WLFI tokens had been sold as of 7:25 p.m. ET, with 19.4 billion tokens remaining. At […]
Catenaa, Wednesday, December 06, 2024-Ripple’s XRP soared 30% Monday, overtaking Tether (USDT) to become the third-largest cryptocurrency by market capitalization. The token’s market cap reached $137.4 billion, surpassing USDT’s $134.3 billion, as XRP climbed to $2.46. This marks a 375% surge in XRP’s value over the past month. The rally was fueled by multiple developments, […]
Singapore, Singapore, October 8, 2024 — Bitstamp has listed XSGD, a Singapore Dollar-pegged stablecoin created by StraitsX. This move is set to enhance cross-border payments and efficient alternative to traditional financial systems. XSGD, backed 1:1 by the Singapore Dollar and fully supported by reserve assets, aims to provide stability and confidence for global users. With […]
NEW YORK, Wednesday, July 31, 2024– The Decentralized ZKX Protocol has ceased operations. The perpetual trading platform built on Starknet, platform announced the shutdown on Tuesday, citing low user engagement and declining trading volumes. The announcement can be seen here. Founded in 2021, ZKX aimed to create a scalable decentralized exchange. Despite securing $7.6 million […]