The industry as a whole is still reeling from the effects of FTX's historic collapse, but some subsectors, like DeFi, are thriving as a result of the crash. According to Dune Analytics, trading volumes on decentralized exchanges (DEXs)...
Blockchain and cryptocurrencies offer practically limitless options to a wide range of users. However, until recently, many protocols were separate and couldn't 'talk' to each other. This divided the crypto user base without improving the overall user experience...
As a direct response to the shocking failure of FTX, US senators Debbie Stabenow and John Boozman have reaffirmed their commitment to releasing the final version of the Digital Commodities Consumer Protection Act 2022 (DCCPA) in early 2022. ...
Cryptocurrencies can be obtained in two ways: buying or mining. Binance and Coinbase are examples of cryptocurrency exchanges where you can buy cryptocurrencies. On the other hand, the process of cryptocurrency mining allows miners to earn cryptocurrency as...
Hodlnaut, a crypto lending company based in Singapore, took a hit this week when it was revealed that the company had kept $18 million worth of cryptocurrency on FTX, a crypto exchange that had temporarily suspended withdrawals. In...
After the world's largest cryptocurrency exchange, Binance Global Inc. announced it would no longer acquire FTX.com just 24 hours after making the offer; cryptocurrency prices fell in Thursday morning trading in Asia. Cryptocurrency traders are concerned that the...
Although the NEAR protocol is a newcomer in the Web3 arena, it brings a wealth of technological advancements that prioritize user experience. Nightshade, its innovative scalability solution, is at the heart of these initiatives. Nightshade employs a novel...
Goracle, a decentralized oracle network that links the Algorand blockchain to the physical world, has released its litepaper. This development aims to usher in a new era of global growth in the blockchain ecosystem. The primary purpose of...
The US Department of Justice seized about $1 billion worth of bitcoin (BTC) from a man who "illegally" obtained more than 50,000 bitcoins from the Silk Road dark web market in 2012. James Zhong pleaded guilty to wire...
Although the art industry was primarily responsible for some of the most expensive NFTs ever sold, the NFT market is still in its infancy, giving household entertainment powerhouses like Disney, Warner Bros., DC, and Marvel room to establish...
