Tag: Blockchain

Disruptive blockchain trends dominating the first half of 2023

BurstIQ is a blockchain-based platform that enables the safekeeping, sale, sharing or licensing of data within several healthcare facilities. Private blockchain systems also...

Poly Network hackers ‘create’ and sell $94.51 billion worth of tokens

They minted and sold $94 billion worth of Shiba Inu for 360 ETH, 495 million worth of COOK tokens ($COOK) for 16 ETH...

Top ten cryptocurrency tokens running bizarre use cases

Jesus Coin has a few unique features, such as its "Miracle Maker" program, which allows users to donate to charity using cryptocurrency. Players...

Smart contracts role in commercializing blockchain technology

Smart contracts are self-executing contracts with the terms and conditions directly written into code. Predefined events and conditions trigger smart contracts, and once...

How Blockchain Technology revolutionizing the Internet

The internet has undoubtedly transformed our world, revolutionizing communication, transactions, and access to data. However, as we move forward into the future, new technologies are emerging that have the potential to reshape the Internet as we know it. One such technology is blockchain, a decentralized and secure system revolutionizing various industries.

What are Decentralized Applications (dApps)

A decentralized application is an application that operates on a decentralized network, such as a blockchain, without a central authority governing its operations. ...

NFT adoption in Africa: Challenges and opportunities

In Africa, NFTs remain relatively unknown to the general population. Financial literacy and access to banking services are significant obstacles to NFT adoption...

Binance wins court case against US SEC’s demand to shutdown operations

On Friday, June 17, the Binance exchange and the US SEC agreed to avert the SEC demand on the exchange's temporary shutdown within...

Binance fights crypto crackdown, threatens to sue SEC

Binance crypto exchange has maintained that Binance.US is a separate entity that functions under a licensing agreement with the parent company. On January...

Swift explores blockchain network’s interoperability to address assets tokenization

Tokenized assets have gained interest from institutional investors seeking new forms of value. Swift is conducting experiments to explore blockchain interoperability and address...

Potential impact of DeFi on Africa’s emerging markets

DeFi uses blockchain technology to remove intermediaries from financial transactions. By leveraging blockchain technology, DeFi can bypass traditional barriers to financial services, offering...

Robinhood to delist ADA, SOL, and MATIC amid SEC crackdowns on Coinbase and Binance

The SEC named ADA, SOL, and MATIC in lawsuits filed against Coinbase and Binance. The SEC referred to the three crypto-assets targeted for delisting from Robinhood as unregistered securities in the lawsuits. The lawsuits are part of a broader SEC endeavour to regulate the crypto industry.

Crypto mixers: The catalyst of all crypto illegalities

A crypto mixer is a decentralized platform where different digital currencies are blended to remove any trace of origin Crypto mixers collect,...

Blockchain-based technology takes root in African governments

In 2022, Africa's fintech sector secured $1.45 billion in funding, a 39.3% increase from 2021. According to IMF, the continent's total trading volume...

Social media and blockchain: The phenomenal ascendancy of social tokens

Social tokens are digital assets issued by creators, communities, or brands to represent ownership or access to certain benefits within a specific ecosystem. ...

Blockchain storage: The next evolution of cloud storage

With blockchain storage, the data is divided based on the number of uses within the network. Professor Fredrick Williams was the first...