Ethereum follows the Bitcoin network and currently holds the position as the second most trusted public Crypto network. Bitcoin (BTC), the world’s first blockchain, had already celebrated its sixth anniversary when Ethereum entered the scene. However, Bitcoin solely served as a payment network for simple monetary transactions. In contrast, Ethereum was introduced with a grand […]
Confronted with an unwavering invasion from Russia, Ukraine has been engaged in a valiant struggle on various fronts, and the global community has responded to its plea for assistance with remarkable and unparalleled support. An eye-opening report from Crystal Blockchain, a blockchain intelligence firm, reveals that the financial aid Ukraine is receiving in crypto assets is […]
Era Lend, a lending protocol operating on the Ethereum scaling blockchain zkSync, recently fell victim to a hacking incident. According to a post by blockchain security company BlockSEC, Era Lend incurred a substantial loss of $3.4 million. We are assisting @Era_Lend to this issue, and the root cause has been identified. The total loss is […]
Vitalik Buterin, the co-founder of Ethereum and a highly influential figure in the cryptocurrency space, recently expressed his views on biometric technology’s role within the blockchain and specifically Ethereum. He was particularly interested in Worldcoin, a new cryptocurrency project led by OpenAI Inc. CEO Sam Altman. Worldcoin utilizes an innovative iris-scanning device named “the Orb” […]
Cardano, the blockchain platform led by Charles Hoskinson, has made significant progress in developing and implementing rollups. These Layer 2 scaling solutions offer a promising way to enhance the network’s performance and efficiency. Charles Hoskinson, the CEO of Input Output Global (IOG) and the mastermind behind Cardano, recently shared some intriguing updates about the network’s […]
Kuwait recently became the latest region to impose restrictions on almost all activities related to crypto, like Bitcoin (BTC). On July 18, the Capital Markets Authority, Kuwait’s main financial regulator, issued a circular regarding the issuance and regulation of digital assets in the country. In the circular, the CMA reaffirmed its strong stance against using […]
The Commodity Futures Trading Supervisory Agency (Bappebti) has officially introduced Indonesia’s inaugural national crypto asset exchange. This groundbreaking platform commenced operations on July 20 and is poised to emerge as the exclusive and legally authorized venue for trading crypto assets in the country. The Head of Bappebti, Didid Noordiatmoko, revealed that the establishment of the […]
CoinMarketCap has recently released its data report for the first half of the year, providing insights into the trends and developments within the crypto market. The report reveals exciting patterns and changes in user behavior and market sentiment. #CMCResearch: #Crypto Market Overview in H1, 2023 🔎In this report, we dissect H1's market condition: 🔹 #Bitcoin […]
Polygon, a platform renowned for its scalability and connection of Ethereum-compatible blockchain networks, has recently unveiled a significant governance system upgrade that aims to prioritize decentralization and foster increased community involvement in their operations. Moreover, Polygon 2.0, the upcoming upgrade, will introduce a new governance structure built on three pillars, including an expanded Polygon Improvement […]