Sat, July 12

Ethereum and its Tiring Gas Fees: What Alternatives are for Games?

The core objective of blockchain technology is to create a trustless environment that facilitates immutable transactions among people over the internet. Another possible blockchain usage purpose is to reduce network latency and reduce spends on clouds, but thats specific to service-oriented or game-oriented blockchain driven mesh networks Blockchain is revolutionising

June 2, 2022 6 mins read

$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

An investment fund for blockchain and web3 companies by Binance Labs has been established with $500 million from Binance, the cryptocurrency exchange. It was revealed in a blog post published on Wednesday that private equity organizations such as Breyer Capital, Whampoa Group, and DST Global Partners participated in the funding.

June 1, 2022 1 min read

JPMorgan’s Selected by Singapore’s Central Bank For DeFi Project

JPMorgan Chase and Singapore’s DBS Bank are among the large banks collaborating on the project. Onyx has processed over $300B in digital tokens since its launch in December 2021. The roller coaster competition among important countries for the treasured title of “world’s crypto hub” has heated up. Singapore and its

June 1, 2022 2 mins read

Crypto Consultation Paper in Cooperation With IMF in Works as India Eye Regulation

Uncertain regulations have made it difficult for the Indian crypto business to function. Crypto is a worldwide concern that requires “collective and synchronised action.” Finalizing a consultation document on cryptocurrencies, the Indian Department of Economic Affairs will next give it over to the federal government. Global regulatory agreement on digital

June 1, 2022 1 min read

Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

The country is a global leader in the hash rate of BTC mining. The government is contemplating raising municipal costs for cryptocurrency mining. The government of Kazakhstan, one of the biggest nations in the world in terms of the distribution of Bitcoin (BTC) mining hash rates, has announced budget gains

June 1, 2022 1 min read

Bitcoin Rises, Holds 46% of Market Share

Bitcoin holds 46% of the market share Women will contribute to the Bitcoin rise believed by Tim Draper. Today the price of Bitcoin (BTC) jumped 19% from its low of $26,350.49 on May 12, reaching above $30,000 for the first time.  Since the Bitcoin winter, the whole crypto market has

June 1, 2022 1 min read

China Might Strictly Regulate Crypto Space Terra Aftermath

Colin Wu, a China crypto reporter, said the Chinese government could implement even stronger restrictions or even ban stablecoins. Due to the collapse of the Terra network, China’s media source, the Economic Daily, has indicated that the Chinese government may impose even tighter restrictions on cryptocurrencies. The source described how

May 31, 2022 2 mins read

UAE Mall Majid Al Futtaim Tie-up with Binance Pay

Binance pay is a cashless global and secure cryptocurrency payment platform. Majid Al Futtaim operates in 13 countries. Majid Al Futtaim, a Dubai-based shopping mall and retail giant has partnered with Binance, the largest cryptocurrency exchange in terms of the daily trading volume. This collaboration will allow MAF to use

May 31, 2022 1 min read

Luxury Fashion House Prada Offers Ethereum NFTs to Customers

Timecapsule releases by Prada, the fashion house, began in 2019. Prada will not make customers pick between a digital or physical asset. Many high-end fashion houses, like Gucci, Balmain, and Balenciaga, have recently announced their interest in the crypto sector, and now Prada has followed suit with the launch of

May 31, 2022 1 min read

Tron Secures Third Position as Total Value Locked (TVL) Surges in DeFi

JustLend’s TVL jumped from $1.79 billion to $2.86 billion. USDD is controlled by smart contract algorithms, unlike Tether’s USDT. DeFi’s third-largest blockchain is Tron, a Justin Sun-led blockchain that debuted in 2018. (TVL). In the last month, the total value locked (TVL) in Tron’s nine applications has increased by 44

May 31, 2022 1 min read
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