One of the giants of the web2 era, Meta has introduced a new storage technology from the stable of Arweave’s decentralised storage technology. Meta has introduced data Permanency to Instagram. Arweave is a web3 powered global hard drive that...
Digital currency adoption is reshaping the global financial, monetary, and regulatory landscapes. Private digital currencies have the potential to disrupt the market by lowering the cost of payments and making the financial system more user-friendly. They also expedite settlement...
Opera, a Web3 browser, has launched a new NFT Analytics tool called Degenknows. This new tool intends to make it easier for users to explore NFT projects and receive insights from social media. The news was also shared on...
It's fascinating to see how several approaches to unlocking the full potential of blockchain technology have been inspired by the concept of decentralized autonomous organizations (DAOs). Discussions about the DAO governance model have recently garnered a lot of interest...
The Metaverse tourism industry is expected to grow by $188.24 billion by 2026. The concept of metaverse tourism has been around since the 1990s and is becoming more popular as technology advances. As a result, it is opening up...
Decentralized finance (DeFi) is a system that aims to shift the spotlight away from centralized cryptocurrency exchanges and the constraints of the current traditional finance (TradFi) system. Despite DeFi’s cutting-edge nature, it has yet to achieve widespread adoption due...
Since the introduction of NFTs, there has been a wide range of reactions to these digital tokens. NFT enthusiasts believe they add value to previously unprofitable ventures, whereas those skeptical of this new technology believe it is inefficient and...
The CEO of FTX, Sam Bankman-Fried, recently told The Big Whale that the cryptocurrency exchange FTX is working on launching a stablecoin. Stablecoins are already available on other major cryptocurrency exchanges. Binance, the largest cryptocurrency exchange in terms of...
Distributed Autonomous Organizations (DAOs) are being promoted as the next technological revolution in industries such as banking and finance. Members of these blockchain-powered, member-only communities use distributed ledger technology to achieve their objectives. DAOs have many advantages over traditional...
Decentralized finance (DeFi) has evolved into a multibillion-dollar industry that is remarkably disrupting finance systems across the globe. One of the factors contributing to DeFi's phenomenal growth is the introduction of decentralization into the financial sector. Traditional finance (TradFi)...
