The new hype surrounding one certain family of non-fungible tokens (NFT) has taken the world by a swift, without any knowledge of who some of its creators are, specifically some of the most famous ones, the Bored Ape Yacht Club (BAYC). Until now. Buzzfeed uncovered the veil of the BAYC godfathers, Greg Solano (32 years old) […]
Blockchain
Non-Fungible Tokens (NFT) fame has immensely grown amongst tech enthusiasts, traders, creators, and criminals, with money laundering activities concerning NFTs reaching new heights as it grows daily, Chainalysis report finds. In its report released on Wednesday, Chainalysis reported that a modest yet growing amount of money laundering activity had been associated with the buying and […]
What exactly is Web 3.0, what will change with its advent, and how will the world look integrated with the 3rd generation of the internet? These are tough questions to answer. Web 3 is, in the simplest words, a blockchain-based internet. A decentralized, permissionless, censorship-resistant; these are the fundamental tenets of Web 3. The more […]
You can be forgiven for thinking that Web3 or Web 3.0 is just another trendy buzzword that lets tech companies sell you the same product slightly upgraded under a cool new façade. For one thing, there is no official definition for Web 3, just a collection of parameters that classifies its general qualities, functions, and […]
It is, by definition, a decentralized ledger. Every record written and every action and transaction occurring on the blockchain is secured by a unique cryptographic key that is meant to be unhackable. Every time a new block on the chain is formed. This means that every action on the blockchain is dependent on the two […]
Open market online for Non-Fungible Tokens (NFT), OpenSea, is getting in touch with and compensating users exposed by the loophole letting individuals obtain NFTs for less than the market’s value, then resell it for thousands. First reported by Vice Tech’s Motherboard on Monday after blockchain security firm Elliptic expressed concerns around the issue. Various Twitter users went […]
GameStop Corp’s plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms boosted the video game retailer’s shares by 17.5 percent in premarket trading and also lifted other meme stocks. GameStop shares have been languishing for a while, like several other meme stocks, as interest from retail investors dwindled. The lot, which […]
Cryptocurrencies are on the rise, as two of the world’s biggest cryptocurrencies, Bitcoin and Ethereum, soared on Monday to new records as Ether hits its all-time high, exceeding $4,700. The world’s leading digital asset, Bitcoin, rose to its latest upshot by jumping 7 percent, reaching a valuation of $66,170, almost binding to its October 20’s […]
Famous gaming platform Epic Games plans to open its doors to blockchain-based payments on its store, following its rival’s announcement to ban blockchain technology and NFT assets on its platform, The Verge reports. Epic is considering the implementation of cryptocurrency technology into its platform, in addition to blockchain-based assets on its game store. The multinational gaming company […]
Amazon displays a lenient approach towards digital currencies as a new job listing was posted on Friday on the e-commerce site seeking a digital currency and blockchain specialist to lead its payments team. As one of the biggest e-commerce companies in the world, Amazon is responsible for securing some of the widest transactions through various […]