Ethereum, the world’s second most valuable cryptocurrency, has just undergone a revamp. The cryptocurrency has recently had a massive software upgrade, with its backers claiming it will reduce its carbon footprint. Named as “The Merge”, the long-awaited revamp will slash Ethereum’s energy consumption by almost 99.95%, according to Ethereum Foundation, a nonprofit organization committed to … Read more →
Hackers stole more than $600 million from Axie Infinity earlier this year. The US government was able to successfully recover around $30 million in stolen cryptocurrency from online video game Axie Infinity in March, according to an announcement from crypto analytics firm Chainalysis on Thursday. The firm said it worked with the FBI and private … Read more →
Recent increase in NFTs is partially attributable to the epidemic phase of the 2021 bitcoin bull market. Due to fear of missing out, several investors acquire NFT-affected stocks (FOMO). NFTs are gaining traction on Wall Street. Shopify has lately made waves for permitting NFTs on their platform. A list of those who profit from the … Read more →
Along with NFTs, video games are the leading segment of the blockchain industry in terms of usage. One other variable for gamification that is to be considered is the blockchain category that permits others. Major game developers are starting to see the potential of the blockchain and crypto industries. Whether it’s a home computer, … Read more →
How to open a crypto company in an offshore zone? There are different types of offshore jurisdictions that you can open an enterprise in, but they all have similar registration processes. For instance, people seeking to obtain an offshore crypto license commonly have to reserve the company name first. Then, after receiving legal permission, they … Read more →
When it comes to cryptocurrencies, the first thing that comes to mind is the name “Bitcoin”. Bitcoin is the first-ever decentralized cryptocurrency in the world. A cryptocurrency is a kind of digital asset that uses public-key cryptography to record, sign and send transactions over the blockchain – all done without the need of a central … Read more →
Hey! If you were born in the first decade of the twenty-first century, you surely wondered why our way of life was constantly shifting. At some point, you would have surely compared your past and current. Virtually every aspect of our way of life, including our eating habits, daily routines, business sectors, the IT industry, … Read more →
Since the world started accepting the necessity of being digitized, innovations like blockchain and its branch cryptocurrency wallet have gotten an enormous amount of hype and importance. This time, when we are talking about cryptocurrency and digital wallets, more than 83.32 million users have enrolled to step into the cryptocurrency world with cryptocurrency wallets. A … Read more →
Many people have made their millions through crypto trading whereas others have lost their millions. It’s a cruel and unforgiving way to make money, but when you do, you can earn big. In recent years crypto trading has become increasingly popular with the bull run persisting for a couple of years until 2022 when it … Read more →
North Korean state-sponsored hackers were believed to be the possible perpetrators of a hack that resulted to the theft of around $100 million in cryptocurrency, according to the analysis of blockchain researchers. If verified to be true, then last week’s attack would make it the eighth this year 2022 – involving stolen funds worth $1 … Read more →
Elon Musk is being sued for $258 billion over accusations that he ran a pyramid scheme in order to promote a cryptocurrency named Dogecoin. Launched in 2013 as a joke, the digital asset was purely designed to mock Bitcoin. However, the DOGE cryptocurrency hit the headlines after climbing up dramatically in 2021. In a short … Read more →
PayPal will finally allow users to transfer, send and receive cryptocurrency on its platform. On Tuesday, June 7, PayPal announced on Twitter: “We’re excited to announce that PayPal will begin supporting the transfer of cryptocurrencies between PayPal and other wallets and exchanges. This feature is rolling out to all eligible US customers in the coming … Read more →
Russia will sooner or later legalize cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, May 18, implying that the government and central bank may possibly be moving closer to settling their differences. Just before Russia dispatched tens of thousands of its troops into Ukraine on February 24, the … Read more →
Non-fungible Token or NFT actually emerged in 2017 and has evolved over the years. From its very beginning to today, the cost of the NFT is increasing dramatically. Due to the NFTs integrated with blockchain network and having a robust security algorithm naturally, it assists creators worldwide to sell their digital arts at the … Read more →
The last few years have been especially rocked by cryptocurrencies. There are a few cryptocurrencies that rock the world and also a few cryptos completely failed. This depends on the customers who react to the cryptocurrencies. But we know about trading and investing in cryptocurrencies only. Today we will share 5 facts about cryptocurrency software … Read more →
If you are a gamer then you will be familiar with the notion that you can sell your in game assets that you have earned by playing games, to other gamers that don’t want to make the same effort as you have. It is possible to sell the game assets that you have built up … Read more →