Bitcoin
BTC
and ethereum have struggled to make ground over the last month as traders braced mercurial billionaire Elon Musk to lob a grenade into the crypto market.
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The bitcoin price, still down by more than 50% from its late 2021 all-time high of almost $70,000 per bitcoin, is heading into what could be it...
A seismic shift is underway in the rapidly evolving landscape of Web3, forever altering our perception and engagement with the exchange of value. As the boundaries between the physical and digital worlds blur, we’re witnessing historic legal victories and transformative use cases as an industry titans like Coinbase and Ripple are steering the trajectory of Web3, propelling it towards a future that is both inevitable and transformative.
A Le...
Btrust, the bitcoin non-profit that Block CEO Jack Dorsey and rapper Jay-Z formed to support Bitcoin
BTC
development in Africa and India, has acquired Qala, an organization that trains African Bitcoin and Lightning engineers. Following the completion of this deal on September 1st, Qala has also rebranded as the Btrust Builders Programme.
This deal, which could pass as a synergistic acquisition, presents an opportunity for the two entitie...
Privacy and privacy debates have long been at the center of the crypto sector, and this reaches back to the libertarian origins of crypto itself. More recently, however, it is increasingly looking like these conversations around privacy are less focused on ensuring consumer protection, and instead are set on preventing some of the much needed innovation and maturation of the crypto space. For all of the enthusiasm that TradFi entering the sect...
In an era dominated by centralized entities, decentralized infrastructures (or clouds) emerge as the bedrock for a new wave of decentralized applications. Decentralized clouds such as Dfinity's Internet Computer, Filecoin's decentralized storage, and OORT's decentralized data cloud drive technological innovations. The building blocks of this decentralization technology are diverse, involving blockchain, networking science, coding theory, and s...
What is Phygital?
In the ever-evolving terrain of consumer experiences, a buzzword has taken the stage to encapsulate the fusion of physical and digital realms — Phygital. This innovative concept marks the seamless integration of tangible, real-world items with immersive digital experiences. This shift is perhaps most apparent in Millenials and Gen Z, with 40% claiming they would want to buy real world items from metaverse environments in add...
Crypto tokenization was supposed to be a killer app for financial services. So why after nearly a decade and top tier backers like Goldman Sachs and McKinsey, hasn’t it gained any traction?
On July 17, 2023 two partners from the McKinsey consultancy took the stage at the New York Stock Exchange to tell dozens of government regulators and financial executives about the charms of the blockchain, insisting that its utility goes far beyond the...
Having impressed the FTX brain trust, tokens for this Ethereum rival were concentrated in the wrong portfolio at the wrong time. But the technology that won over Bankman-Fried is impressing investors anew.
One of the biggest casualties of the collapse of the FTX crypto conglomerate a year ago was sol, the native token of the Solana
SOL
blockchain.
FTX absolutely adored the coin and invested heavily, accumulating a stash of approximatel...
PayPal’s branded stablecoin, which the payments company launched on Monday, is likely to be a trendsetter.
Multiple payments, e-commerce companies and banks, including large traditional financial institutions, have expressed interest in using or issuing digital dollars with Paxos, the issuer of PayPal’s
PYPL
PYUSD, according to a source familiar with the negotiations.
No names have been disclosed, but Walter Hessert, Paxos’ head of stra...
The Oman Ministry of Transport, Communications, and Information Technology has unveiled a cutting-edge data hosting and bitcoin mining center. With an investment of $370 million, equivalent to RO135 million, Oman is keen on expanding its foothold in the bitcoin mining sector ahead of the upcoming halving.
The country's systematic approach to evolving its infrastructure and regulations underscores its aspiration to become a central hub for ...
