Category: Blockchain

Despite Ethereum correcting from an all-time high (ATH) price of $4,860, the second-largest cryptocurrency has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.  Some of the top protocols based on burnt Ether include OpenSea, Ethereum transfers, Uniswap V2, and Tether (USDT). OpenSea is a leading NFT marketplace.

Thailand could see a new phase in its tourism sector as the country is planning to target crypto digital nomads to increase its gross domestic product (GDP). The Tourism Authority of Thailand is working on starting a parallel sector to traditional marketing to attract new nano entrepreneurs by rolling out TAT Coin since September as

Spain’s market watchdog has clashed with one of the country’s football heroes in promoting a cryptocurrency platform on social media. Andres Iniesta, a famous football striker who scored the winning goal that made Spain win its first soccer World Cup in 2010, found himself in a heated battle with Spain’s National Securities Markets Commission. He took to

The bearish stance of the Bank of Russia has not in any way deterred its citizens from transacting with digital currencies. A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion, according

The most expensive virtual real estate in the Non-Fungible Token (NFT) metaverse has just been sold. According to a Twitter post by Axie Infinity, a blockchain-based gaming protocol, one of the rarest virtual lands dubbed the Genesis Land Plot was sold for 550 ETH worth approximately $2.48 million. The Axie Infinity game is one of

Power shortages are causing some cryptocurrency mining firms to leave Kazakhstan and move to other nations. Crypto mining company Xive announced on Wednesday, November 24 that it is moving its mining farm out of Southern Kazakhstan due to electricity shortages. Didar Bekbau, the co-founder of Xive cryptocurrency mining firm, talked about the development and said

US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users. BRD was initially introduced to mobile wallets in 2014 to provide users with a place to store bitcoin, and now there are more than 10 million users using

2021 is coming to an end, “NFT” has now been named the word of the year by Collins Dictionary.    The dictionary said the word as a short form of Non-Fungible Tokens, representing an offshoot of blockchain technology that lets creators tokenize digital collectables and artwork. The word was accorded the most popular word as its usage

Irish-American financial services and software as a service company, Stripe is likely to resume its Bitcoin payment services in the near future, a move the company halted back in 2018.  As revealed by the firm’s co-founder and Chief Executive Officer John Collison at a CNBC hosted Dubai event, “Crypto obviously means a lot of different

A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters. The digital land in Decentraland was bought by Metaverse Group – a Tokens.com affiliated company – for 618,000 “mana coins” on November 23, which was approximately $2,428,740 at the time. According to Coinmarketcap, MANA