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Blockchain technology adopted by major corporations

Blockchain technology, the underlying technology of cryptocurrencies like Bitcoin and Ethereum, has been gaining widespread adoption by major corporations in recent years. The decentralized and secure nature of blockchain technology has made it attractive to businesses in various industries, from finance and banking to healthcare and logistics. In this article, we will explore some of […]

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Ethereum introduces new update

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has recently introduced a new update called Ethereum 2.0. This update is designed to address some of the scalability and security issues that have been associated with the Ethereum blockchain, as well as to introduce new features that could make Ethereum even more versatile and useful. In

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Bitcoin hits new all-time high

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To understand the current state of Bitcoin, it is important to first take a look at its history. Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. It is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or

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What is Decentralized Finance (DeFi)

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Decentralized Finance (DeFi) is a rapidly emerging trend in the blockchain space that aims to revolutionize traditional financial systems by leveraging blockchain technology to create decentralized, open, and permissionless financial protocols. DeFi provides a range of innovative solutions that enable users to access financial services without the need for intermediaries such as banks, thereby democratizing

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DeFi (Decentralized Finance) Platforms Continue to Grow, Offering New Financial Services and Yield Farming Opportunities

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DeFi (Decentralized Finance) platforms have continued to experience rapid growth, offering new financial services and yield farming opportunities to users. DeFi refers to a set of financial applications built on blockchain networks, primarily on the Ethereum blockchain, that aim to provide open, permissionless, and decentralized alternatives to traditional financial systems. These platforms leverage smart contracts

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NFT Craze Continues: Beeple’s “Everydays”

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The First 5000 Days” is a digital artwork created by the artist Beeple (real name Mike Winkelmann), consisting of 5000 unique digital images compiled into a single collage. It was sold as an NFT (non-fungible token) at a historic auction by Christie’s, a renowned auction house, for a staggering $69.3 million in March 2021. This

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Massive NFT Heist Rocks Market: $10.9M Worth of Digital Assets Stolen in March

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SNEAK PEEK Read original article on TodayNFTnews

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Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report

Bitcoin News / smrashid035

The Terraform Labs co-founder reportedly established “Codokoj22 d.o.o. Beograd” in Serbia, with its main business activity listed as consultancy services. Terraform Labs co-founder Do Kwon established a company in Serbia for less than $1 just weeks after being flagged with an Interpol “red notice,” according to documents from the Serbian Business Registry. As per a

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Disney reportedly scraps its metaverse division

Bitcoin News / smrashid035

The metaverse division was initially created to work on new ways of engaging Disney’s audience. Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan to cut its operating expenses by $5.5 billion and lay off 7,000 staff over two months. The news was reported by The Wall Street Journal (WSJ)

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Bitcoin hash rate spikes as analysts say miners coming back online

Bitcoin News / smrashid035

Analysts are speculating that the Bitcoin hash rate has seen a significant spike recently as miners come back online to reap the rewards of the BTC price hike. BTC $26,952 hash rate spiked to all-time highs of 398 terahashes per second (TH/s) on March 23, with analysts speculating miners are starting to turn their rigs back

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