Tag: Technology

Blockchain Life 2024 A Comeback in October :Dubai Event Unveils Crypto Trends and Startups

Blockchain Life 2024 returns to Dubai for a second time to Dubai on October 22-23, opening new doors of opportunity for startups throughout...

Evaluating the case for a token-based digital dollar: Account-based vs token-based CBDC

Account-based CBDCs would involve households and businesses holding retail checking accounts directly with the Federal Reserve A token-based CBDC model would see households...

Has the Metaverse Failed?

Metaverse promised a virtual realm where we could work, play, and socialize in previously unimaginable ways The virtual realm has challenges forcing tech...

Cryptocurrency: a gateway to financial freedom

Cryptocurrencies represent a paradigm shift in the financial industry by providing consumers a new way to achieve financial freedom. Cryptocurrencies empower people to take control of their financial lives through decentralization, borderless transactions, investment opportunities, and increased anonymity. Given the nascency of the crypto ecosystem, investors are advised to focus on the long-term benefits of Bitcoin while reaping short-term gains in the process. Nonetheless, it is critical to approach cryptocurrency investments cautiously, investigate, and be aware of the risks. Individuals can utilize this revolutionary technology to achieve financial autonomy.

Bitcoin Mainnet’s future role: A pillar of security for proof of stake chains

While many have traditionally viewed Bitcoin mainnet as a medium of exchange, the future may see its primary function shift towards providing security...

Bitwave buys cryptocurrency accounting firm Gilded

Bitwave has acquired a cryptocurrency accounting firm, Gilded in the ever-changing crypto market This acquisition underscores the transformative potential of digital asset payments...

Binance halts BUSD Support amid increased regulatory scrutiny

The journey to Binance's decision to cease support for BUSD began in February 2023 when the NYDFS ordered Paxos to stop issuing new...

X Twitter licensed to trade crypto in 7 US States

The acquisition of the Rhode Island Currency Transmitter License stands as a testament to X's steadfast mission to transform into a cryptocurrency-friendly platform. ...

Evergrowing Worldcoin registers over 9k users in Argentina despite criticism

Worldcoin achieved a record-breaking 9,500 user sign-ups in a single day in Argentina Despite privacy concerns, many Argentinians eagerly registered for World IDs ...

Horizon Worlds: Mark Zuckerberg drives investors to a $34 billion financial sinkhole

Meta’s Reality Labs vision, the company’s virtual technology and initiatives, lost US$21.5 billion in the last eighteen months, cumulating to US$34 billion. Only...

Scary risks in the Worldcoin biometric proof-of-personhood system

Africa has experienced insane queues in malls and supermarkets, as people line up to acquire the free Worldcoin tokens Worldcoin is by far...

Worldcoin (WLD) launches ambitious cryptocurrency project

Worldcoin (WLD) not only limits itself to identity verification but also introduces its own cryptocurrency, aptly named Worldcoin. Users can access this digital...

Top web3 messaging platforms

Currently, over 3.1 billion people actively using messaging applications daily. The XMTP is an open web3 protocol that secures and supports DMs, alerts...

Metaverse hacks that demand caution in 2023

In April, MetaPoint became the latest victim of a Metaverse hack, resulting in a $1 million loss. According to the 10th...

Understanding the flaws of Metaverse Security and where to improve

The Metaverse is an ever-expanding pool of digital information exchanged at light speed, containing sensitive information on millions of users. The social construct...

Binance disassociates from Binance Nigeria Limited (BNL), sends ‘cease and desist’ notice

The Nigerian Securities and Exchange Commission (SEC) released a circular on June 9, declaring Binance Nigeria Limited (BNL) illegal in the country. Binance...