Archived Posts

Elon Musk, the CEO of Tesla, has said that he does not support any centralised cryptocurrency exchanges. Musk, a fervent proponent of cryptocurrencies, believes that cryptocurrency holders should take possession of their ‘keys’ and not depend on cryptocurrency exchanges such as Robinhood or Binance for their funds. A recent Twitter spat between Musk and Binance   Read more...

Vitalik Buterin, co-founder of Ethereum (ETH), has suggested a new restriction on the total amount of transaction calldata that may be stored in a block in order to reduce the overall transaction calldata gas cost throughout the Ethereum network. Buterin’s post on the Ethereum Magicians forum, EIP-4488, raises concerns about high transaction fees on Layer-1   Read more...

According to Skift, EY is the corporate buyer who is piloting a new partnership between American Airlines and a blockchain company. The partnership is testing a new way of booking flights that would eliminate the need for middlemen such as travel agencies and global distribution systems in the future. According to two people familiar with   Read more...

As per the central bank of Russia, the country is currently home to one of the most active participants in the $2.8 trillion cryptocurrency industry. According to a report released on Thursday by the Bank of Russia, the total yearly volume of cryptocurrency transactions among the country’s population has reached 350 billion rubles ($5 billion)   Read more...

A minimum of one out of four cryptocurrency investors in Japan had an experience of owning nonfungible tokens (NFTs), as per a recent poll. Presenting the survey findings on Thursday, BitBank claimed that it interviewed 2,061 cryptocurrency users throughout the period between October 26 and November 1. The respondents included customers of BitBank and also   Read more...

As part of the buildup to its IDO debut on November 26th, SolChicks, the eagerly awaited play-to-earn game on the Solana blockchain, has announced a number of firsts in the days leading to its IDO launch. In the recent week, there have been several significant milestones and records broken, including: – In the initial week   Read more...

Bitcoin has been going through a price correction for the last couple of weeks, which has proved out to be a great chance for BTC whales to purchase the dip. One whale, in specific, has bought BTC 6,770, worth $384.29 million, in less than two weeks, demonstrating the power of buying the dip. In addition   Read more...

The discovery of a new, possibly vaccine-resistant coronavirus variety prompted investors to flee riskier assets in favor of the perceived safety of bonds, the yen, and the dollar on Friday. Bitcoin, the most valuable digital currency, plummeted as much as 8.3 percent to $53,587, its lowest price since October 12. It is now at its   Read more...

Luxurious eyeglasses behemoth Kering Eyewear has established an inclusive information exchange platform, which makes use of blockchain technology to allow evaluations and tracking throughout all production activities across the company’s global operations. In keeping with the company’s “commitment to environmental responsibility and sustainable innovation,” the V.I.R.T.U.S. platform (a verified, integrated, reliable, trustworthy, unique, and secure   Read more...