The recent update conveyed on Monday, March 13, by the Commodity Futures Trading Commission (CFTC) indicated Carole House would chair the Technology Advisory Committee. The CFTC update confirmed that Ari Redboard of blockchain-based analytic firm TRM Labs would deputize the former official of the US White House. Unveiling Members of Tech Advisory Committee The changes…
Artificial Intelligence has been a hot topic for the whole tech sector for a while. However, the recent buzz caused by many tech channels on YouTube, discussions on Reddit, and the overall penetration of image-generating tech in social media makes it easier for many investors to consider putting their capital in AI. It is just…
OpenSea, a marketplace for non-fungible tokens and crypto collectibles, made the announcement about the incorporation of its BNB system into the Seaport code on Twitter, on November 29, 2022. Early in September, OpenSea made the announcement that it might increase supporting services for more crypto-based systems in order to keep its title as the biggest…
In accordance with a press release from Celo dated November 22, 2022, Curve Finance (CRV) will be implemented on the Celo Tier 1 EVM-compliant blockchain with on- and off-net access through the Wormhole Coins Bridge. Celo and Curve both join Uniswap Curve Finance, a redistributed trading platform and automatic marketplace maker, has been positioned on…
A bear market is a common practice in the cryptocurrency market and everyday traders are used to it. It has been experienced for a number of times in the past and it will also happen in the future in all financial markets. The value of the assets has been depreciated by almost 70% from their…
Vitalik Buterin, Chief executive officer and co-creator of Ethereum, suggests utilizing zk-snarks to improve the security and dependability of Merkle tree exchanges by storing user funds in a manner akin to Validium smart-contracts. CZ concurred with this idea and announced that it would be put into practice on Binance and made open source. For the…
The mainnet launch of Harmony, PoS redistributed finance system with a set end date, was first released in June 2019. The end-to-end hub, Game Space, and Harmony have been collaborating closely with each other for several months now. With the introduction of Harmony, it might be simpler for Web-2 games to migrate into the Web-3…
A remarkable invention known as Bitcoin emerged following the 2008 global financial crisis. An unknown tech engineer named Satoshi Nakamoto wished to supply a choice to established financial systems. With the new crypto, everyone can stop worrying about how the state will regulate your finances or how banking companies will interfere with people’s monetary deals. …
Mist has no token of its own, but operates on the basis that 100 cents turns into a dollar. The engineers affirm that by splitting one SUI by 100 million MIST, it will be realizable to shift several bucks and pay a small gas bill. To do any work on the blockchain, users need to…
Despite the dying trend of metaverse gaming and social media, many companies are still pushing them quite hard. The decision by Blackrock to introduce a new ETF may bring more attention to the concept of the metaverse and much-needed funding in the industry. META’s efforts to create its metaverse failed miserably with the company’s shares…
The Zelensky NFT project is a new digital art collection soon to be available to the public. According to the announcement, this project’s primary objective is to assist Ukrainians through local communities. Details About The Zelensky NFT Project Many famous and influential persons have made a promise that they will support this project. Most of…
Despite the general downturn in the broader crypto market, blockchain startups are still receiving funding from venture capitalists. A CB Insights report released on Wednesday revealed that VCs injected a combined $9.2B into blockchain and crypto startups in the first quarter of this year alone. Surprisingly, VC investments in blockchain and crypto startups have kept…
Following a three-year-long debate regarding the formation of a task force that would oversee crypto as well as blockchain-based initiatives, Spencer Cox (Utah’s governor) inked a bill to establish the Blockchain and Digital Innovation Task Force. Firstly, at the beginning of this February, the bill went through many senates and fiscal actions for two months…
According to a tweet posted by the official Wanchain Twitter account, Cardano’s parent company IOHK is now working with Wanchain to introduce further interoperability. Wanchain and Cardano Team Cardano’s quest towards interoperability is now seeing significant progress as its parent company, IOHK has developed a partnership with Wanchain to bring interoperability between the Cardano mainnet,…
As the network progresses on solving issues related to the Bitcoin transactions, it has been seeing a massive rise in usage. Perks of the Lightning Network The Lightning Network continues its path towards becoming the top network associated with the blockchain, hosted by the current king of cryptocurrencies, Bitcoin. The network has provided many ways…
Polygon (scaling solution for Ethereum) has introduced a unique network for the development of Web3, promising an amount of nearly $100 million for the initial consumers who can assist in speeding up the adoption. The developers, with the Polygon Supernet chain, are enabled to construct their programs in an adaptable atmosphere with no requirement for…
The CISA (Cybersecurity and Infrastructure Security Agency) and FBI (Federal Bureau of Investigation) have released a warning on North Korea-based state-backed cyber threats aiming at blockchain firms in reaction to the Ronin Bridge exploitation that occurred in the previous month. The warning was released this Monday in collaboration with the Treasury Department as well as…
Top on-chain data analytics firm, Chainalysis, has completed an agreement with one of the leading lending banks in the Bahamas (Capital Union Bank) for the latter to launch its virtual asset services. The new partnership is one of the direct benefits of the nation’s adoption of crypto-friendly policies. Industry analysts opine that this partnership will…
This latest development sees the relationship between the US Securities and Exchange Commission and spot BTC exchange-traded fund continues to take attention-grabbing turns. However, the outcome stays constant – indefinite delay. An exchange-traded fund (ETF) is a saving vehicle that monitors the performance of assets or an asset. User can diversify their portfolios efficiently without…
BitsCrunch, a startup that focuses on the non-fungible token blockchain, recently declared that it would soon be working with MasterCard, one of the most popular payment service providers. Intended to be nurtured under MasterCard’s Start Path program, a global startup business participation initiative to assist companies in scaling, MasterCard and bitsCrunch want to empower users…