Category: Blockchain

The social networking giant Meta, previously known as Facebook, announced on Wednesday that it would withdraw its policy of banning most cryptocurrencies from advertising on its social platforms. In the statement, Meta stated that advertisers are now allowed to submit applications and need to provide the relevant licenses, regardless of whether they are trading on

Initially, a credit card-reader business, Square Inc renames itself as Block Inc as it plans to broaden its services towards blockchain, music, and cash transfers. The name change of the payments giant co-founded by cryptocurrency fanatic Jack Dorsey – who quit as the CEO of Twitter earlier this week – will be effective from Dec

The London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter since going live on August 5. This is because Ether was to be burnt every time it was used in transactions. Furthermore, a base fee was introduced for every transaction undertaken to give all users

After surging to $59K, Bitcoin (BTC) retraced to the $56,000 level in a couple of hours. The leading cryptocurrency was hovering around $56,693 during intraday trading, according to CoinMarketCap. Nevertheless, November was a good month for Bitcoin miners because they cashed in a whopping $1.68 billion. On-chain analyst Dylan LeClair confirmed: “Bitcoin miners generated

Since the crackdown of cryptocurrencies in China earlier this year, more crypto and Blockchain startups in the U.S. than in Asia are receiving support from venture investors for the first time in four years. According to research firm CB Insights, there have been no official crypto and blockchain deals in China this year due to

1inch Network, a renowned decentralized exchange aggregator, announced it had successfully completed its Series B funding round where it raised the sum of $175 million. This particular funding round did not follow the conventional approach as it involved the protocol’s private token sale. As unveiled by the firm, Series B was led by Amber Group. Among

The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of nine supported digital currencies. According to the company, the supported cryptocurrencies, including Bitcoin (BTC), ether (ETH), Bitcoin cash (BCH), EOS, DAI, Ripple (XRP), stellar lumen (XLM), tether (USDT),

Changpeng Zhao, the Chief Executive Officer of Binance cryptocurrency exchange, known on Twitter as ‘CZ’, has been tagged the richest ethnic Chinese person alive. This bold claim was made by local media outlet Caijing on Weibo. Despite the fact that the mainstream mainland media outfits refuse to report on these claims, various Chinese media have gained numerous

The “metaverse” term is often attributed to Neal Stephenson’s 1992 novel Snow Crash, which depicted lifelike avatars meeting in realistic three-dimensional buildings and other virtual reality environments. The metaverse, however, is far from a science fiction phenomenon. If you’ve ever played a role-playing or life simulation game, you’ve likely been part of the metaverse.  

Bitcoin (BTC) continues to recover from the lows of $54K experienced over the weekend. The leading cryptocurrency was hovering around the $56,807 level during intraday trading, according to CoinMarketCap.  More participants have also been joining the Bitcoin network, given that the number of non-zero addresses reached an all-time high (ATH) of 39,132,776.  Bitcoin’s settlement efficiency