Blockchain Explained

What Is a Blockchain? A blockchain is a digital database shared among computer nodes. Blockchain’s innovation generates trust without requiring a third party and collects data in blocks that contain data sets. Blockchains are best known for their crucial role…

Decentralized Finance (DeFi) Definition

What Is Decentralized Finance (DeFi)? Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system dismantles banks’ and institutions’ power over money, financial products, and services. Some of the…

Meta plans to take a nearly 50% cut on virtual asset sales in its metaverse

Meta will charge creators up to 47.5% in fees to sell virtual goods in its metaverse, much higher than the costs Apple charges on its App Store. For 30% cut goes to Meta via the Oculus platform for every item…

Animoca Brands acquires Eden Games to bring blockchain to racing games

The Sandbox developer Animoca Brands has revealed that it has acquired France-based racing game developer Eden Games for an undisclosed amount. Eden Games is known for racing games like Need for Speed: Porsche Unleashed, F1 Mobile Racing, and the Gear…

FPT Corporation announced a strategic plan to promote focus on Metaverse and Blockchain

FPT Chairman Truong Gia Binh shared about the corporation’s future direction in the field of Blockchain and Metaverse. On the afternoon of April 7, FPT Corporation held the Annual General Meeting of Shareholders in 2022. At the meeting, Chairman Truong…

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%

More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year. Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price has risen to…

What is a honeypot crypto scam?

A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for! 1. What is a crypto honeypot and why is it used? Smart contracts programs across a decentralized network of nodes can be…

SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others

The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions. A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a…

What gives Ether coin its value?

Ethereum’s Ether coin is arguably valuable for different reasons than Bitcoin. Bitcoin holds the top spot as the world’s first and largest cryptocurrency. The coin carries worth based on its position as a store of value capable of transacting value…

How to pick or analyze altcoins?

Before investing in altcoins, you should look into the project’s whitepaper, demand-supply elements, team and stakeholders behind the project. What are altcoins? The word “altcoin” is derived from “alternative” and “coin.” Altcoins refer to all alternatives to Bitcoin. Altcoins are…

Twitter enables users to give and receive Ethereum tips natively

Users will still need to provide a full Ethereum address, however, as ENS domains have not yet been integrated. In September 2021, Twitter enabled Bitcoin payments as the first cryptocurrency payment option available via its tipping jar. On Wednesday, the…

NYSE files a trademark application for trading NFTs

The New York Stock Exchange, or NYSE, has filed a trademark application with the United States Patent and Trademark Office, or USPTO, on Feb 10 to register the name “NYSE” for several blockchains and crypto related products and services. The…

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