Is blockchain technology the new internet? A foundational technology that offers so much promise, blockchain has all the ingredients to transform our social and economic systems.
Is Proof of Reserve Enough to Revive Trust in Custodial Institutions?
Over the past decade, the cryptocurrency space has never failed to amaze us. Since the arrival of cryptocurrencies, they have had their bit of adrenaline-fueled highs and crushing lows. Media outlets, experts from financial institutions and governments have both; praised as well as criticized cryptocurrencies...
Donald Trump Releases His Own NFT Collection: A Closer Look
Key points: Donald Trump announced the launch of his very own NFT collection on Truth Social. However, the NFTs are owned by NFT INT LLC; a company that is not owned by the former president. Trump’s NFTs hit the market just 11 months after Meliana...
7 Ways Blockchain Enables Seamless Business Transformation
Can you think of one industry that is untouched by technology? No, right? Businesses would struggle to survive without new technology and innovations in the fast-paced and highly competitive landscape. As competition grows globally, companies need to be more alert than ever before to stay...
Blockchain in Healthcare: Transforming Patient Care and Data Security
With the myriad of threats humanity faces on the daily, the need for research and medicine, and healthcare has taken the forefront. During the pandemic, we have even seen the polar opposites of opinions by the population on the world of healthcare. Where most of...
8 Ways Blockchain Will Transform Future Banking
It is no secret that blockchain technology has garnered considerable recognition worldwide. According to Statista, global spending on blockchain solutions is expected to reach around $11.7 billion in 2022 [1]. Global spending on blockchain solutions was less than $1 billion six years ago. Pretty impressive...
Magic Eden to Accept NFT Royalties to Compensate Creators
Key takeaways: Magic Eden has announced the Open Creator Protocol, which it promises can enforce creator royalties on Solana NFTs that utilise the tool. The firm previously implemented a novel system that gave traders the option of paying royalties. That model will continue for existing...
Binance’s $1 Billion Infusion: Reviving the Crypto Industry Post-FTX Collapse
Key Points: Binance will pump $1 billion into a crypto recovery fund after the recent FTX collapse. The crypto exchange has said that the amount could change to $2 billion in the future if required. Investors have been concerned about a crypto contagion spreading to...
FTX in Deep Waters: Owes Billions to Top Creditors
Key points: According to court documents, FTX owes $3.1 billion to at least 50 creditors. The crypto exchange filed for bankruptcy earlier this month after it collapsed. The court filing has not listed the names of creditors in the court filing. Documents from a recent...
Crypto fan Rishi Sunak could turn the UK into a crypto-hub
Key points: Rishi Sunak was appointed as Prime Minister of the United Kingdom this week. Crypto experts have embraced his appointment, calling it a potential game changer for UK’s crypto market. Sunak’s appointment could revive UK’s crypto ecosystem and also open up new opportunities. Crypto...
Blockchain.com & Visa: Launching Crypto Debit Cards
Key points: Blockchain.com will soon roll out a Visa crypto debit card Initially, the crypto debit card will be available to only U.S citizens The card will enable them to make payments using their cash or crypto balance at all places where Visa debit cards...
