The need for blockchain interoperability is growing in tandem with the demand for various blockchain-based Web 3 technologies. Cross-chain bridge services have made this feature readily available, allowing users to interact with multiple blockchains from a single point. Immutable...
Recently, news of some Solana wallets being exploited and their owners losing their funds has permeated the crypto space. About $4.1 million worth of tokens were stolen from thousands of Solana wallets. At the time of the hack, there...
The crypto market is going through a rough patch, largely attributable to the bear market and Terra's crash, which has had a negative domino effect. Three Arrows Capital was once considered one of the most prominent hedge funds in...
The massive adoption of cryptocurrencies and blockchain technology has brought about lots of benefits and challenges. Blockchain technology has improved productivity and business efficiency through decentralization. Cryptocurrencies have also facilitated significant transformations in the financial industry. However, an increase...
Scammers and hackers frequently target blockchain platforms because they handle millions of financial transactions involving valuable digital assets daily. History is replete with numerous instances of crypto platforms being attacked. For instance, hackers carted away $100 million in cryptocurrencies...
As the global adoption of cryptocurrency grows, more countries are becoming interested in it. Regulations are being developed in various regions to regulate and supervise the use of cryptocurrencies. Some countries that support cryptocurrencies have even made them legal...
For a long time, venture capital firms have invested in companies they believe have the potential to be profitable. These venture capital (VC) firms are typically centralized, which means that only a few people make investment decisions. A venture...
The transaction fees and time required to trade on the Ethereum platform have increased due to the rapid proliferation of DeFi (decentralized finance) projects. The typical ETH transaction fee reached an all-time high of about $40 in February 2021....
Conventional blockchains are intended to enable developers to create decentralized apps and deploy smart contracts on the network. Most traditional blockchains may not allow developers to build their blockchains on the network. This means that if a company wants...
Bitcoin and Ethereum command most of the attention in the cryptocurrency space because both coins dominate 60.6% of the crypto market. However, countless additional blockchain and cryptocurrency projects aim to completely alter the global financial system. While investing in...
