Search results for "cryptocurrencies"

What Is Telcoin? And Is It Legit?

One of the top five blockchain projects in the telecom sector is Telcoin (TEL). Launched in 2017, Telcoin is an Ethereum-based token developed to bring instant international transactions to all mobile users. This peer-to-peer payment system leverages blockchain technology and mobile money infrastructure to enable users to send money instantly anywhere in the world. It […]

How Telcos can Capitalize on the FTX Crash   

The crypto winter that began earlier this year with Russia’s invasion of Ukraine has turned into a disaster with the recent FTX crash. While the ultimate fate of FTX and its creditors is not yet decided completely, it is not all doom and gloom. Telcos may have a significant chance to jump in and take […]

Exclusive: Goldman Sachs on Hunt for Bargain Crypto Firms After Ftx Fiasco

Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman’s […]

NFTs for Dummies: What are Non-Fungible Tokens?

So you finally gave into the intrigue and want to know what all the fuss is about around NFTs? You’ve come to the right place. Read on for a brief yet comprehensive guide about NFTs for dummies. A non-fungible token (NFT) is a special digital code that identifies a certain sort of digital object and […]

India’s Digital Rupee Fails to Excite Interest, Bankers Say

A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said. Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with. The RBI […]

The Tech Bubble Bursting and Its Consequences

People worry that the ‘tech bubble‘ will likely burst right in front of them. Rightfully so.  This year, tech shares are down more than 30 percent, and private firms are experiencing confidence-shattering down rounds.  In contrast, cryptocurrency exchanges like Celsius declare bankruptcy as prices of cryptocurrencies plummet. And FTX is taking the whole crypto market […]

Brands that Accept Payment in Cryptocurrency

People see cryptocurrencies as either the future of finance or a pyramid scheme filling scammers’ pockets. No matter which of these two groups you belong to, it is undeniable that cryptocurrencies are becoming a part of our everyday world, and brands are heightening their acceptance of any payment in cryptocurrency. The first cryptocurrency to ever […]

Web3, 5G, and the Metaverse: The Underlying Technology 

A new internet age where content is consumed through intuitive 3D surroundings rather than 2D displays appears to have begun with the development of strong 5G networks, new XR gadgets, and appealing metaverse apps. We will discuss the relationship between Web3, 5G, and the Metaverse below.  Before we dive into the meat of the subject, […]

Special Report-Ftx’s Bankman-Fried Begged for a Rescue Even as He Revealed Huge Holes in Firm’s Books

As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7 billion in emergency funds. Hunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world’s biggest investors, including Sequoia Capital, Apollo Global Management […]