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Tag: Blockchain Technology

Understanding Layer-3 Blockchains: The Future of Scalable and Interoperable DApps

Understanding Layer-3 Blockchains: The Future of Scalable and Interoperable DApps

The Layer-3 blockchains are built as a layer of blockchain technology on top of the foundation layers to create application-specific blockchains that are more customised to users’ demands. Building on the success of both layer-1 and layer-2 solutions, layer-3 blockchains represent a new generation in the evolution of blockchain through an advance in functionality for […]

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How Widespread Use of Web3 Could be Fueled by Mobile Technologies

How Widespread Use of Web3 Could be Fueled by Mobile Technologies

The Global System for Mobile Communications (GSMA) estimates that 49% of people use smartphones to access the internet worldwide. From social media to software distribution, mobile technology has sparked rapid transformation that has eventually reshaped society and shaped behavior in mainly unexpected ways. A number of Web3 companies are currently investigating ways to circumvent the […]

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Flexa, a Digital Payments Platform, Releases a Cryptocurrency Point-of-Sale (PoS) Tool

Flexa, a Digital Payments Platform, Releases a Cryptocurrency Point-of-Sale (PoS) Tool

Retailers will be able to accept cryptocurrency payments, such as USDC, at the point of sale with Flexa Components. With the release of Flexa Components, Flexa has made it easier for retailers to accept cryptocurrency payments by enabling direct, fee-free digital wallet transactions. Seamless User Experience According to Flexa, Components will enable users to pay […]

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Bitcoin Surges Above $61K, With XRP Leading Major Gainers

Bitcoin Surges Above $61K, With XRP Leading Major Gainers

Some traders anticipate market changes closer to Friday, the day when Jerome Powell, the head of the Federal Reserve, is expected to speak at the Jackson Hole conference. Early on 20th August 2024, Bitcoin (BTC) crossed $61,000 after U.S.-spot exchange-traded funds (ETFs) holding the cryptocurrency had their second-highest inflow activity of the month. According to […]

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WazirX Fixes Balances After Hacking, Although Withdrawl Timeline Isn’t Specified Yet

WazirX Fixes Balances After Hacking, Although Withdrawl Timeline Isn’t Specified Yet

Individual investors have been negatively impacted by the withdrawal delays, and questions have been raised concerning the general security and dependability of Bitcoin exchanges. The WazirX exchange has restored investor balances over a month after a significant attack caused the loss of $234 million in client monies in the Safe Multisig wallet of the Indian […]

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‘Interoperability’ is Pushed for by Optimism amongst Associated Blockchains

‘Interoperability’ is Pushed for by Optimism amongst Associated Blockchains

The Superchain’s Optimism-affiliated networks, like Coinbase’s Base, rely on Ethereum for communication with one another, which makes asset transfers often costly and time-consuming. Optimism is creating its own interoperability strategy in order to solve that. Optimism, an Ethereum layer-2 blockchain ecosystem that has been successful in drawing new projects to utilize its technology—most notably, Coinbase’s […]

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$5 Million Hack and Outage Affected Terra Blockchain (LUNC)

$5 Million Hack and Outage Affected Terra Blockchain (LUNC)

A sophisticated hack on the Terra blockchain caused a serious breach that led to the theft of many cryptocurrencies valued at about $5 million. About 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC were among the specific assets stolen. The breach’s nature was disclosed by the smart contract audit company Beosin […]

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Bitcoin Price Could Exceed $800,000 with Trump’s Promise to Include BTC in US Strategic Reserves – Crypto Rover’s Bold Prediction

Bitcoin Price Could Exceed $800,000 with Trump’s Promise to Include BTC in US Strategic Reserves – Crypto Rover’s Bold Prediction

A Bitcoin specialist, Crypto Rover, expects that the cryptocurrency’s price will rise above $800,000 as a result of Trump’s promise to include it in the US’s strategic reserves. In Donald Trump’s recent lecture at the Bitcoin 2024 conference in Nashville, he went all in on Bitcoin BTC $65,974, telling voters that the US will become […]

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Tokenized Real-World Assets: Outperforming Bitcoin & Ether in 2024

Tokenized Real-World Assets: Outperforming Bitcoin & Ether in 2024

Introduction Tokenized real-world assets are outpacing popular cryptocurrencies like Bitcoin and Ether in terms of volatility-adjusted returns and market performance. In 2024, the total value locked (TVL) of the real-world assets (RWA) market has grown to $8 billion, excluding non-yield-earning stablecoins. Real-world assets are currently tokenized on several blockchains, often for real estate, commodities, private […]

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Metamask’s New Privacy Updates: Everything You Need To Know

Metamask’s New Privacy Updates: Everything You Need To Know

Introduction Metamask has rolled out new privacy updates that enable users to configure their wallets according to their privacy preferences. Consensys, MetaMask’s parent company, has updated a new privacy policy to improve transparency, user consent, and control over personal data. These new changes in the policy aim to apply better security and privacy measures for […]

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Missed the Early Bitcoin Train? These Projects Could Be Your Next Big Win

Missed the Early Bitcoin Train? These Projects Could Be Your Next Big Win

The crypto market is going absolutely nuts right now. 2024 has been the best year yet for cryptocurrencies and it’s only getting started. Bitcoin hitting over $73,000 is something no one could have predicted in their wildest dreams. Then we got our first Bitcoin ETF that drew billions of dollars into the space already. We have seen […]

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Blockchain Life Forum 2024 in Dubai: find out how to make the most of the current Bull Run

Blockchain Life Forum 2024 in Dubai: find out how to make the most of the current Bull Run

The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the forum will be making money on Bull Run, […]

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