The digital currency has experienced a meteoric rise in popularity, especially since its introduction to the international markets. The potential of this innovative monetary system is unparalleled and several countries are actively seeking ways to capitalize on it. A new country has now entered the initiative to capitalize on this potential currency. Tech hub Japan…
The FBI has made a victorious recovery of $100K worth of NFTs and $144,000 worth of Ether following the investigation by ZachXBT, a talented group of Crypto Scam Research. At the time of the raid, the FBI discovered valuable NFTs including Bored Ape Yacht Club#9658, and Doodle #3114 worth $95,495 and $9,361. It’s yet another…
Partnership Details and Objectives Blazpay, a decentralized payment platform, has announced a partnership with PVPFUN, a Web3 infrastructure provider. The collaboration aims to create a more integrated experience for gamers and creators in decentralized environments. According to the official announcement on X, this move could help establish what they call a community-driven, creator-centered economy within…
Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers confirming the proliferation of this mode of extortion. Mimicking the prevalent business model of the legitimate tech world, ransomware-as-a-service portals popped up in the darker corners of the web, institutionalizing the shadow…
A surge in XRP burns, resulting from account deletions on the XRP Ledger network, raises questions and speculation within the crypto community. Key Points A surge in XRP burns has captured the attention of the cryptocurrency community. Approximately 247,000 XRP tokens were mysteriously burned, leading to confusion among crypto enthusiasts. This is mostly the result…
Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD. In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to its 20-week moving average, noting that historically, current levels have marked a turning…
SIGNAL has designed a blockchain around a self-verifying network of gateways that provides message provenance, microtransactions, and open access to anyone. A technology that uses blockchains and tokens to incentivize user and businesses to run 5G version of its network. It is expected to meet the needs of high throughput and serve complex, decentralized, high-performance…
Kraken simplifies crypto access for Colombian users Kraken has rolled out a new feature that lets Colombian residents fund their accounts directly with their local currency. Instead of dealing with international wire transfers, people can now deposit Colombian pesos straight into their Kraken wallets. The exchange will handle the conversion to U.S. dollars, which I…
In India, there has been an undeniable surge of enthusiasm for blockchain technology in recent years. Despite this, adoption rates remain disappointingly slow; this has caused many knowledgeable pundits to implore the government to give deeper consideration to this versatile and transformative technology. Recently, American venture capitalist Tim Draper has also advocated for India’s swift…
New Bounty System Goes Live Axie Infinity has rolled out a fresh set of community bounties that give players more ways to earn rewards. There are five different types now available, covering combat, harvesting, exploration, dojo performance, and AXP gains. The point values range from 15 to 400 points, which I think makes sense for…
