The Solana Foundation, in collaboration with Solana Ventures, announced the setting up of $100 million funding support. Accordingly, the funding supports the expansion of South Korea’s NFT, DeFi, and Blockchain projects. Moreover, aside from supporting Solana projects, the funds will also help keep some Terra projects in motion after the collapse of the network in…

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 volatility of cryptocurrency is not all negative. The Mayor of Australia’s Gold Coast suggested that people can use crypto to pay taxes one day. Australia’s Mayor Keen on Accepting Crypto For Tax and Rate Payments Critics have raised concerns about cryptocurrency’s volatility and recent market meltdown. But, Gold Coast Mayor Tom Tate said that…

A recent survey by the Wall Street investment banking giant, Goldman Sachs, has revealed some insights from the insurance industry. An interesting thing about the recent annual insurance survey is that it focuses on cryptocurrency for the first time. Approximately 328 senior-level executives from different insurance firms participated in the study. From the survey outcome,…

The advancement in information and communication technology has led to new ways of doing things. These technological innovations are virtual reality (VR) and augmented reality (AR). Most VR experiences are via computer technology to create new replicas of an individual’s unique features. Additionally, a virtual version of an individual’s voice, visuals, and other personal attributes…

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…

The month of May has proven to be extremely challenging for the entire cryptocurrency industry. In the respective month of May, the majority of the cryptocurrencies experienced huge losses. The overall trend for the cryptocurrency market was bearish and it showed no point of recovery throughout the month. While the majority of the cryptocurrencies experienced…

Metaverse is a virtual reality space that allows users to work together with a computer-generated setting and other users. You might wonder what made the Metaverse rise at a swift pace. The connectivity with one of the tech giants, Facebook, caused rapid expansion. Mark Zuckerberg announced last July that the company would create its future…

Investing in the real world may be complicated for many individuals. The good news is that you can think of heading around the Metaverse. It is virtual reality that may soon become an everyday reality. Metaverse is the new phase in the internet’s development wherein the physical sphere gets together with Augmented Reality. Users can interact…

Artificial Intelligence is among the trendiest technological advancements that have taken the world by storm in recent years. The abbreviation of AI, Artificial Intelligence aims to disrupt how businesses and industries work. Although AI hasn’t yet become a mainstream technology, researchers and developers spend billions of dollars on its study and development to help speed…

The term ‘metaverse’ went into public use in 2021, leading to a lively global discussion about what it represented. Questions like whether Metaverse exists here or who owns it stayed in the air, though nobody still has an established definition of the technology. Meta has a significant investment of ten billion dollars in Virtual Reality…

Internet of Things (IoT) and cloud computing are among the most trending and raving technologies these days. It is exciting to learn about these two different technologies and their relationship. What is the Internet of Things? The Internet of Things has significantly transformed the way we live. It allows every electronic device to get connected…

Metaverse technology is just over the horizon. It is a technology that makes individuals fall over themselves, trying to find out its uses to meet their purposes. Facebook recently has changed its name to Meta, though it is something more than a name change. It sets the future direction of Metaverse with supportive technologies like Augmented…

The monopoly of physical learning has always existed for teachers and students in the education environment worldwide. The global pandemic of COVID-19 has sparked digital learning in most educational institutions. It has transformed the traditional learning model into a more technological learning format. Artificial Intelligence, Virtual Reality, and Augmented Reality technologies have developed a strong…

The Digital revolution has developed rapidly in the late 20th century, making humanity from employing mechanical work to digital devices. The latest advancements in technology have made it become an essential part of our everyday lives. Nowadays, Metaverse is among the most-raving technologies. It is a virtual 3D extension of the Internet that provides users…

Are you planning to enter the Metaverse sphere? If you are not already into the plans to benefit from the promising technology, you should consider doing so. Global companies are willing to offer digital products and services using Metaverse. Definition of Metaverse You might be familiar with Meta, the parent company of Facebook. It has…

Businesses have gradually realized how significantly the Internet of Things (IoT) can help them grow. It is a network of devices connected through the internet and can gather and send data across a network. The communication devices, incorporation of sensors, and identity chips continuously intersect with cloud and analytics engines, leading to a new era…

Technology-advanced devices have taken over the consumer environment. They are crucial in the medical atmosphere to monitor patients in healthcare facilities, especially in the ICU. Manufacturers have started using Artificial Intelligence (AI) to improve the capability of identifying deterioration. It means sepsis sense the development of complications can enhance outcomes and may cut hospital-acquired condition…

Recommender systems aim at foreseeing users’ interests and recommend interesting products. These systems have broad usage in the commercial sphere. They serve as one of the most powerful Machine Learning (ML) systems that help online merchants boost sales. Recommender systems have six types that generally work in the entertainment and media industry. These include a…