Cryptocurrency companies continue to struggle in 2023’s first week, with businesses announcing notable layoffs and bankruptcy. So let us check what the year has had for the crypto space within the past seven days. Bitcoin (BTC) The distressing Texas winter storm in December last year forced BTC miners to return nearly 1.5K megawatts of power … Read more
Launched in 2013, Helium remains the crypto with the noblest use case within the cryptocurrency community – offering free Wi-Fi globally. The original motive was to build the first peer-to-peer (P2P) decentralized wireless platform and streamline internet connection. Nevertheless, Helium is yet to explore its full potential, despite diligent work by HNT developers to upgrade … Read more
Cardano, just like most altcoins, suffered a dip, volatility, and decline in market price for most part of 2022. After making an entry price of $2.01 in January, the Cardano native token, ADA, dipped as low as $0.3124. 2022 has been an epic year for ADA blockchain, despite suffering from contagion volatility. Cardano Price Reversal … Read more
Following the passing of the proposed MiCA by the EU in October, a top Binance official has assured that the proposed bill favors crypto exchanges in the region. This announcement has continued to generate positive reactions from crypto users and entities. MiCA Regulation, A Safe Space for Web3/Crypto Companies The EU has been in talks … Read more
One of the central Asian financial firms and the apex institution in Singapore is DBS bank. The institution has incorporated decentralized finance (DeFi) technology for trading all foreign exchange (FX). Some government-owned securities will also be included in the trade using DeFi as a tool. DBS bank had the support of the Monetary Authority of … Read more
The founder and CEO of Binance, Changpeng Zhao (CZ), have revealed his willingness to help Twitter (TWTR). He advised Twitter’s new CEO to bring the social media platform into the world of Web3. Twitter will experience massive profit and growth if the platform embraces crypto. Binance is one of the biggest crypto exchanges globally, and … Read more
Google would launch a cloud-based Node search engine for ETH developers, the company announced. It will be officially called Blockchain Node Engine, and it will offer fully managed services. Users will not be permitted to recruit their teams to evaluate or regulate their nodes. Properties of Google Cloud Node Engine Google uniquely designed the cloud … Read more
According to Joerg Hansen, CEO of Caiz Development, “within 2018 and 2019. We received the concept of establishing a currency that can be utilized in the Islamic nations with all its constraints. Including no interest, recognizing your counterparties, no secrecy, or speculating.” Joerg Hansen: Caiz Will Comply With Islamic Laws Before deciding how to design … Read more
Leading cryptocurrency marketplace Binance fell victim to an attack on its BSC blockchain last Thursday. Moreover, this makes the second largest hack Binance has undergone since its inception. However, the phisher stole approximately $570 million worth of tokens, according to Friday’s market fair value. BSC Blockchain Experiences Hack An existing loophole in the BSC bridge … Read more
The explosion of investment products in the digital assets ecosystem and on blockchain networks is paving the way for the development of new investment strategies for participants. BlackRock Targets European Customers with New Product Investment giant BlackRock seeks to offer European investors exposure to investment opportunities in the blockchain industry. By establishing an exchange-traded fund … Read more
