Blog

Why DeFi Should Definitely Become part of the World Financial System

There is one detail about the crypto market crash that has received far too little attention: not a single DeFi platform was affected. It’s hard to tell how big it is. DeFi is short for “Decentralized Finance” and usually means financial...

September 25, 2023

Ethereum

Binance Wallet Records $840,000 in Abnormal Ethereum Charges

The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.” While the Ethereum network's average gas fee hovered around 10 gwei,...

September 25, 2023

Metaverse

Foray into ‘metaverse’ spooks Mark Zuckerberg after $71B wealth wi…

Foray into ‘metaverse’ spooks Mark Zuckerberg after $71B wealth wipeout YEREVAN (CoinChapter.com) – Social media giant Meta, formerly Facebook, lost billions of investor dollars in 2022. Some experts believe that chief executive Mark Zuckerberg’s decision to shift focus to the...

September 25, 2023

NFT

Rollbit to sunset degen exchange one month after launch

The crypto casino Rollbit has decided to wind down its degen exchange due to “uncertainty and low adoption” a little over a month after its launch on Aug. 17 with pilot tokens like RLB and UNIBOT. Degen exchange users cannot...

September 24, 2023

bitcoin

Six And Counting: The Global Bitcoin Billionaire Phenomenon Unveiled

According to Henley & Partners’ 2023 Crypto Wealth Report, around 500 million people have made cryptocurrency investments globally, yet just 22 people—a very small percentage—have acquired assets worth more than $1 billion. According to the survey, as of June 30th,...

September 24, 2023

Altcoin

Trust Wallet Token (TWT) price surges by 8% as social volume spikes

Trust Wallet Token (TWT) has finally gained traction after 28 days of consecutive downward momentum. The hike comes with a massive surge in trading and social volumes. TWT is up 8.4% in the past 24 hours, making it the top...

September 24, 2023

BlockChain

Paxos Report: Is Blockchain The Next Step For Global Remittances?

The age of digital currencies and blockchain technology is upon us, with an increasing number of institutions advocating for their widespread adoption. At the forefront of this conversation is Paxos Trust Company, the New York-based stablecoin titan. In a recent...

September 24, 2023

Defi

Akash Network’s GPU Expansion Signals New Opportunities for AI Dev…

Key Takeaways: Akash Network has launched its Mainnet 6 upgrade, boosting GPU Decentralization. The Overclock Labs project allows anyone with a computer to become a cloud provider. Akash Network has already incorporated over 130 GPUs The Akash Network upgrade will...

September 24, 2023

Ethereum

Ethereum’s Energy Consumption Decreases and Network Accessibility Enhances with Proof of Stake

Ethereum, one of the most renowned blockchain networks, recently underwent a significant transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) protocol. This transition was a part of Ethereum’s long-awaited upgrade, aimed at enhancing network scalability, security, and...

September 24, 2023

Metaverse

Gucci premieres Milan Fashion Week in the metaverse

Gucci has welcomed its new creative director by reenacting its Milan Fashion Week runway show across three virtual platforms. On Sept. 22, Italian fashion house Gucci had its first runway show under new creative director Sabato de Sarno both in...

September 24, 2023

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