Algorand and Cardano are currently taking the blockchain world by storm with their innovations and plans. Cardano, as at the time of writing this, recently released its smart contracts feature after its successful Alonzo hard fork. This came after...
The highly anticipated upgrade of Bitcoin was activated on Sunday the 14th day of November 2021 at block 709,632. This is a major update happening right after Segwit, a major update in 2017 which helped bitcoin to scale. Just...
Algorand has long been known as one of the most innovative projects in the crypto ecosystem. Founded in 2017 by Silvio Micali, a computer scientist, and Massachusetts Institute of Technology (MIT) professor, Algorand is lauded for introducing the novel...
OpenSea, the largest NFT marketplace in the crypto space, has reached $10 billion for the first time since its establishment in four years. Being the first NFT marketplace to launch on the Ethereum blockchain, OpenSea’s volume skyrocketed in the...
Decentralization is the watchword for different blockchains, and that is one thing that sets apart the technology from what is obtainable in the centralized world. Algorand is one of the new blockchains that has actively tried to solve the...
Metaverse and Next-Gen gaming industry have been bubbling with activities, as investors have also been pumping in millions of dollars into different companies in the industry. Galaxy Interactive is one of the latest to have been besieged by extra...
Financial services provider, Square, is planning to build an open-source Bitcoin mining system and has begun investigating the technical requirements. This is according to CEO Jack Dorsey who shared a series of tweets explaining that he plans to follow...
Japan is currently researching the appropriate way to float its CBDC, like many other countries. A Bank of Japan executive, Shinichi Uchida, has stated that the central bank won't sacrifice simplicity in the development and usage of digital currency. ...
Stablecoins designed to maintain their one-to-one peg to a real-world asset like fiat currency such as the US Dollar, or Gold is the backbone of the crypto ecosystem. In terms of bringing much-needed liquidity to the ecosystem, stablecoins stand...
On 7 October 2021, the G20-mandated regulatory standard-setter, the Financial Stability Board (FSB) published a document titled: “Regulation, Supervision, and Oversight of “Global Stablecoin” Arrangements - Progress Report on the implementation of the FSB High-Level Recommendations” (Progress Report). The...
