Facebook has 2.89 billion users as of the last year, 2021. Meta plans to build the most prominent social media metaverse A lack of knowledge regarding blockchain and cryptocurrencies is the primary hurdle to widespread adoption. Social media companies are becoming involved in the game to push mainstream adoption, so
February 4, 2022 1 min read
A total of $132 million in BTC has left the market this year. ETFs, serve as a proxy for the cryptocurrency market’s interest in Bitcoin. It was the third-largest daily inflow of Bitcoin (BTC) for the Purpose Bitcoin ETF, based in Canada. According to statistics given by Glassnode, investors contributed
February 3, 2022 1 min read
Proof of Work relies on processing capacity to solve mining riddles. Ethereum is still based on Proof of Work. A research organization has attempted to measure the precise variations in energy use by some of the most popular crypto blockchains over the last several years. In a study by Ulrich
February 3, 2022 1 min read
In all, the kingdom plans to spend about $6.4 billion. The NEOM Tech & Digital Company, named after the futuristic Saudi Arabian metropolis of the same name, received a $1 billion investment as part of this deal. According to the official Saudi Press Agency, the corporation intends to develop its
February 2, 2022 1 min read
BitMouseDao was not invented by a geneticist but rather by an unknown artist. The team behind BitMouseDAO is inspired by Eduardo Kac’s work. Since a private key is required to access a Bitcoin wallet, a group is attempting to go beyond the pale by trying to implant Bitcoin into the
February 2, 2022 2 mins read
All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet
February 1, 2022 1 min read
Facebook, now Meta, has joined the Crypto Open Patent Alliance (COPA). A group managed by Block, the payments firm founded by Jack Dorsey. Meta will join over a dozen other firms. These firms have committed not to prosecute their “core cryptocurrency patents” by joining COPA. Max Sills broadly defines the
February 1, 2022 1 min read
Pool interest rates are boosted by extra LP incentives provided in CPOOL. In July, the all-in-one NFT platform unveiled its Tyson Fury line. Let us look at the top 3 tokens gained in the last 24 hours as per CryptoDep. ⚡️TOP GAINERS OF THE DAY! 29 January 2022$HOD $GARI $CPOOL
January 30, 2022 2 mins read
PancakeSwap is built on Binance Smart Chain and is a BEP20 token. CAKE’s primary function is to incentivize the platform to provide liquidity. Tokens used to fuel decentralized exchanges (DEXs) such as PancakeSwap CAKE/USD, Uniswap UNI/USD, and SushiSwap SUSHI/USD. The value of each token is based on the additional usefulness
January 30, 2022 2 mins read
The MIT Cryptoeconomics Lab was founded by Catalini. Celsius has announced that it would integrate Chainlink Proof of Reserve (PoR). Yesterday it was announced that Diem co-creator and chief economist Christian Catalini and renowned Stanford cryptographer Dan Boneh had joined the firm as strategic consultants to the Chainlink Labs, the
January 28, 2022 1 min read