05 May 2022

Which Blockchains are Behind the Top Metaverse Platforms?

With the rise of new technologies, the blockchain will be among the key drivers for new forms of transactions, interactions, socialization and content consumption in the years to come. The Metaverse, a shared virtual environment where individuals can socialize, interact, and conduct business, relies heavily on blockchain technology to enable peer-to-peer

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05 May 2022

Cronos DeFi Project MM.Finance Suffers $2M Exploit

The biggest decentralized exchange on Cronos has been hacked. MM.Finance, an ecosystem of DeFi applications and the biggest decentralized exchange on the Cronos blockchain, has suffered a $2 million frontend attack. The project reported the incident late Thursday after the attacker breached the app’s frontend and started moving funds to their

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04 May 2022

The Rise Of Web3: What Cybersecurity Concerns Should We Look Out For?

Web3 is the kitschy term that refers to the next iteration of our internet—including cryptocurrencies, decentralized networks, the blockchain and more. While for many people the concept of Web3 seems a futuristic, light-years-away idea, the truth is that it’s much more impending than we think, with many elements already firmly

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28 Feb 2022

The DAO is a major concept for 2022 and will disrupt many industries

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth

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25 Feb 2022

DAOs: Why are They Important to Web3?

Web3 is in the nascent stages but has seen strong interest from some of the world’s top investors like Sequoia Capital and Andreessen Horowitz. Just look at the funding of Alchemy, which is building an AWS-style platform for Web3. In early February, the startup raised $200 million at a valuation

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25 Feb 2022

Decentralized Compute Is The Foundation Of The Metaverse

The metaverse is still a thing, an experience, a service in the making, an envisioned 3D world fueled in large part by artificial intelligence and immersive graphics that will, many hope, be a place where consumers can play games and interact with others and companies can do business in ways

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22 Feb 2022

DeFi explained: What is decentralised finance and could it be a death sentence for banks?

DeFi, short for decentralized finance, is another buzzword that has entered our lexicon, joining the likes of Bitcoin, cryptocurrency, NFTs, blockchain and the metaverse. So, what is it? Today, most of the financial transactions in the economy are digital. We’re still using banknotes and coins on occasions but it’s marginal. It’s a

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21 Feb 2022

Web3 might be crypto’s key to the mainstream market

2021 has been a significant year for crypto with no fungible token (NFT) being awarded word of the year, decentralized finance (DeFi) trending in the mainstream media and crypto companies making headlines for a variety of announcements. This is, no doubt, in part due to the effects that COVID-19 has

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16 Feb 2022

Binance Rebrands Its Blockchain in Overture to Decentralization

Cryptocurrency exchange Binance has rebranded the blockchain powering its platform in a bid to emphasize decentralization. In the move, Binance’s CEO Changpeng Zhao said in a webinar Tuesday that Binance Smart Chain (BSC) is now BNB Chain. “People always think of Binance Smart Chain, because it carries the Binance word, as something

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14 Feb 2022

3 Reasons Why Blockchain is the Future of Supply Chain

The term blockchain has often been associated with cryptocurrencies, especially Bitcoin and Ethereum. Blockchain, in fact, has been the key driver behind the rise of cryptocurrency because of its basic features of the decentralized approach, enhanced security, and immutable ledgers. However, these features have made blockchain extremely important and crucial

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