Category: Blockchain

The former Twitter CEO plans to develop a Bitcoin-based Web5 to displace Web3. Accordingly, the new web platform will combine the centralized and decentralized internet, Web2 and Web3. The new project is part of the block subsidiary, TBD. It underscores the belief held by Jack Dorsey about Bitcoin’s role in the evolution of the internet.…

One of the decentralized finance platforms’ most often overlooked issues is token approvals. One vulnerability has been on the rise due to the increase in DeFi and Web3 adoption. And EverRise, a Web3 security and infrastructure firm, released EverRevoke, to review, revoke, and approve transactions. The new utility is the latest addition to the EverRise…

On Monday, the Cboe Australian Exchange announced the launch of two more ETFs. Altogether, this brings the total of the crypto ETFs on the Australian market to six. Accordingly, the Canadian-based fund manager, 3iQ, listed the two spot ETFs. The new ETFs invested in are to expand the Australian exchange-traded fund sector. All the ETF…

The ongoing drive to change the Optimism (OP) tokens to become the primary network token for gas payment is gaining acceptance. Previously, the OP has been a governance token, and the call to change it is growing steadily. Vitalik Buterin, the founder of Ethereum, is the latest influential personality to air his view on the…

Billionaire tech developer Marc Andreessen stated that the present landscape of Web3 is typical of the early internet days. According to the billionaire tech entrepreneur and venture capitalist, the Web3 emergence is reminiscent of the internet in the 1990s. Andreessen is the co-creator of Andreessen Horowitz, a venture capital enterprise. The billionaire rose to prominence…

The emergence of Blockchain technology has revolutionalized many aspects of our daily lives, from government, finance, and security frameworks. Blockchain technology has upscaled the way of doing things. It is predicted that by 2025, major corporations will spend huge resources, close to $29 billion annually, on blockchain-related services. Accordingly, leading tech giant, IBM, plans to…

Like the rest of the cryptocurrency industry, the metaverse sector is also experiencing a downtrend since the beginning of December 2021. It is quite shocking that the entire cryptocurrency industry has taken a fall mainly due to the downtrend of Bitcoin (BTC). It is due to the regulatory action against Bitcoin that has resulted in…

Back in 2009 when Bitcoin was launched, the entire cryptocurrency network had only one blockchain network. However, with the passage of time, the cryptocurrency and blockchain networks expanded. Over time, more blockchain networks have been introduced within the industry. Although several blockchain networks have been launched into the industry, there is only a handful that…