Tag: "crypto"
Blockchain Development: How the U.S. Can Regain Its Edge in the Global Market
Blockchain development is a rapidly growing sector, currently driven by over 23,343 open source software engineers and responsible for a market worth over $1 trillion. However, the U.S. has been losing market share in this critical area, with countries like India gaining ground. This decline threatens the U.S.’s pre-eminence in finance and technology. [mini-contact-form] Over […]
Blockchain Innovations Propel Bank of America’s Patent Growth
Bank of America has experienced a surge in granted patents, reaching 608 in 2022. This 19% increase over the previous year is particularly significant considering the United States Patent and Trademark Office issued 1% fewer patents overall in 2022. Blockchain technology, artificial intelligence, Web3, and machine learning have all played crucial roles in driving this […]
Web3 Game Development: CCP Games Obtains $40M in Financing
Web3 game is at the heart of a groundbreaking announcement from CCP Games, the distinguished developer behind the massively multiplayer online (MMO) game EVE Online. The renowned studio has successfully obtained $40 million in funding from external partners. This investment enables the full-scale development of a new AAA title utilizing blockchain technology, with the game […]
Crypto Concerns: White House Report Highlights Risks & Future
The recently published Economic Report of the President, an annual publication by the Council of Economic Advisers, has drawn significant attention to the world of cryptocurrencies. This year’s report, published in March 2023, includes an entire chapter on digital assets and “economic principles.” In this chapter, the White House expresses concerns about the impact of […]
Top 3 Undiscovered Cryptocurrency Projects for 2023
Are you on the lookout for innovative cryptocurrency projects with promising potential in the era of blockchain and Web3? Explore three under-the-radar tools that are poised to revolutionize different aspects of the crypto industry, including NFTs. These projects provide more than just an appealing logo – they introduce real, transformative solutions that will shape the […]
Silvergate Bank Starts Voluntary Liquidation Process
Silvergate Bank, a US-based bank with a significant presence in the blockchain industry, recently announced that it has begun the voluntary process of liquidation. The news comes just a day after reports surfaced that the bank was discussing ways to avoid a shutdown with US federal officials. The bank’s shares plummeted after several crypto clients […]
Rollkit Enables Sovereign Rollups on Bitcoin for Data Availability
Rollkit has made it possible to create sovereign rollups on Bitcoin for data availability, thanks to its new early research integration. You can witness a demo of the EVM running on Bitcoin as a sovereign Rollkit rollup. This development is facilitated by Bitcoin’s Taproot upgrade and Ordinals’ innovative use of Bitcoin for publishing arbitrary blockchain […]
RBA Picks 14 Use Cases for Digital Currency Pilot Program
A research project is underway between the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) to investigate the economic advantages and possible use cases for a central bank digital currency (CBDC) in Australia. [mini-contact-form] As part of the project, industry participants have been chosen to showcase potential use cases for a […]
Deribit Launches DVOL-Based Bitcoin Volatility Futures
The crypto options exchange, Deribit, with the most substantial trading volumes, is preparing to release bitcoin (BTC) volatility futures. This innovative addition is predicted to offer digital asset investors a more uncomplicated approach to protect their assets against market instability in contrast to the present options. [mini-contact-form] Hedge Against Bitcoin Volatility with Deribit’s DVOL-Based Futures […]
France Arrests Duo in $9M Platypus Flash Loan Exploit
French authorities have reportedly seized around $220,000 worth of cryptocurrency as part of the arrest of the two individuals suspected of being involved in the attack on Platypus. It’s worth noting that USDC, USDT, and BUSD are all stablecoins that are pegged to the value of fiat currencies like the U.S. dollar, with the aim […]