Blockchain

A “wormhole” typically refers to a protocol or mechanism that facilitates the interoperability and transfer of digital assets, such as tokens or data, between different blockchain networks. Wormhole solutions aim to bridge the gap between separate blockchains that might have different technical specifications, consensus mechanisms, or protocols. Wormhole technology enables the...

During a court appearance on Tuesday, Sam Bankman-Fried reaffirmed his not-guilty plea in relation to fraud and money laundering charges connected to the downfall of his cryptocurrency enterprise, FTX, the previous year. In the Southern District of New York courthouse, the FTX founder was formally presented with the charges contained in a new indictment. The […]

Salsal, an Ethereum-based blockchain tool, is currently being developed by researchers. The aim of this tool is to help cultural organizations and museums monitor precious historical artifacts. For about two years, Mark Altaweel, a professor at the University College London Department of Archeology, has collaborated on Salsal with staff members from Abu Dhabi University. Mark […]

Deflationary cryptocurrencies are digital currencies that are designed to decrease in supply over time, leading to a reduction in the overall circulating supply of the cryptocurrency. This is in contrast to inflationary cryptocurrencies, where the supply of tokens increases over time. The concept of deflationary cryptocurrencies is often associated with mechanisms that are intended to […]

Aptos, a dynamically scalable Proof-of-Stake Layer 1 blockchain, stands as the brainchild of Aptos Labs, a visionary blockchain startup guided by the expertise of two former Meta Engineers. Notably, on October 17, 2022, the Aptos mainnet, affectionately known as “Aptos Autumn,” embarked on its remarkable journey. This cutting-edge blockchain introduces an array of groundbreaking...

Cryptocurrency functions on varied technical structures; likewise, the cryptocurrency market has its own system of operation. This implies that one can purchase and also sell various types of crypto while the value increases or decreases based on demand. Plans for Investing in Cryptocurrency At the point of investing in crypto, one should thoughtfully examine factors […]

In a significant stride towards integrating stablecoins into mainstream finance, PayPal has introduced the USD-backed stablecoin PYUSD. This move marks a pivotal moment as PayPal, a prominent financial platform, ventures into the realm of stablecoins. Alongside this launch, PayPal is set to roll out the “Cryptocurrencies Hub,” a platform that empowers verified users to engage...

Savings accounts have traditionally served as secure repositories for long-term wealth. Yet, the emergence of crypto savings introduces a new avenue for investors to consider. Tailoring your decision to your financial objectives and risk tolerance, opting for a crypto savings account could present an enticing alternative. Crypto Savings vs. Traditional Savings A conventional savings account...

Discovering the year’s most promising crypto investments is a quest every investor seeks. Here’s a quick snapshot of 2023’s standout performers: Bitcoin, Ethereum, Solana, Bitcoin Cash, Ripple, and Stellar. These cryptocurrencies present distinct advantages, spanning Bitcoin’s rarity and liquidity, Ethereum’s smart contracts, Solana’s swift transactions...

Aave, a Decentralized Finance lending project has just commenced its long-anticipated Stablecoin named GHO, which was launched on the Ethereum blockchain. Now, Aave version three users can mine the Stablecoin against their saved assets on the project. The newly launched GHO Stablecoin provides users with an unchanging rate of 1.5%, while people who stake AAVE […]