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 […]
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 […]
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 […]
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, 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 […]
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 […]
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 […]
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, […]
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 […]
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, 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 […]
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 […]
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, […]
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, […]
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 […]
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, 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 […]