Officials in Hong Kong are planning to hold a meeting between cryptocurrency companies and bankers to help ease financing for the sector and make the city a global crypto hub. The meeting, scheduled for April 28th, is intended to facilitate direct dialogue between the two sides, with participants sharing practical experiences and perspectives on opening […]
In recent years, Non-Fungible Tokens (NFTs) have become the new buzzword in the world of art and collectibles. The concept of NFTs has taken the world by storm, and it has also made its way into the music industry. Musicians have now found a new way of monetizing their work and offering fans something unique […]
Decentralized Finance (DeFi) is a term used to describe a new financial system that is built on a decentralized blockchain platform. This system aims to offer more financial services and products that are open and borderless, accessible to everyone with an internet connection. In the past, the financial industry was largely dominated by banks and […]
The price of Binance Coin (BNB) has dropped by 5% within the last 24 hours, currently at $310, following a civil enforcement action brought about by the CFTC against Binance and its CEO. Though BNB is up 2.5% in the last 30 days and 26% since the start of the year, it has dropped by […]
Decentralized Autonomous Organizations (DAOs) are a new form of organizations that operate through smart contracts, which are self-executing agreements that are governed by blockchain technology. DAOs are decentralized, meaning they do not have a central authority or control, and are transparent, meaning all transactions and decisions made by the organization are publicly visible on the […]
DeFi, or decentralized finance, has taken the financial world by storm. It has opened the doors for traditional finance to collide with blockchain technology, bringing in a new era of trust, transparency, and security. However, DeFi’s growing popularity has created a strain on Ethereum’s network, leading to high congestion and increased transaction fees. Layer 2 […]
Gucci has partnered with Yuga Labs, a well-known NFT issuer, to expand its presence in Web3 and the metaverse. Yuga Labs created popular collections such as Bored Ape Yacht Club and Mutant Ape Yacht Club, as well as CryptoPunks, Meebits, and 10KTF. Gucci’s announcement tweet features an Ape hand holding a bottle with a Koda […]
In the digital era that we live in, cryptocurrencies, such as Bitcoin and Ethereum, are gaining popularity as an alternative means of payment. These cryptocurrencies are decentralized and secured by advanced cryptography, which allows for secure and private transactions. However, alongside this rapid growth comes one significant problem: the impact on the environment. The mining […]
The XRP price has increased by 3% in the last 24 hours, reaching $0.484611 despite a 2.5% drop in the overall cryptocurrency market. XRP has gained by 28.5% over the past seven days, with many investors expecting the long-standing Ripple-SEC case to conclude soon. With a 24-hour trading volume of $4 billion, many traders are […]
Non-Fungible Tokens (NFTs) are the latest buzzword in the digital world, with people paying millions of dollars for ownership of these unique digital assets. Whether we’re talking about NBA Top Shot or CryptoKitties, NFTs have become the latest investment craze, and investors worldwide are scrambling to get in on the action. But before you dive […]