BLOCKCHAIN

Ethereum May Be Switching From Proof-Of-Work to Proof-Of-Stake in August

[ad_1] Ethereum, like Bitcoin, uses Proof-of-Work (PoW) on its system. Ethereum, which made known its intention to shift from a PoW to PoS (Proof-of-Stake) network for more than a year, is now going about finalizing this process. Shifting to PoS will likely help solidify Ethereum's stance as a leader in the crypto space. With plans and preparation going on for more than a year, it is expected that this transition process, called The
ANALYSIS

How Terra’s collapse will impact future stablecoin regulations

[ad_1] The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in general.UST’s success and stability were intertwined with its sibling, LUNA, which creates arbitrage opportunities that, in theory, should keep UST’s price steady. If UST’s price drops below $1, it can
ANALYSIS

Digital identity in the Metaverse will be represented by avatars with utility

[ad_1] The Metaverse is poised to become tech’s next trillion-dollar opportunity, as an increasing number of companies are showing interest in immersive virtual spaces that will allow consumers to go beyond what’s possible in real life. This was highlighted in a recent report from CB Insights, which found that the Metaverse will disrupt at least 13 leading industries including fashion, retail, gaming, education and more. While notable, various metaverse environments are
REVIEWS

Powers On… When will we learn from recent history to protect our crypto and ourselves? – Cointelegraph Magazine

[ad_1] Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of the dollar in terms of value and stability, and that if you want to convert your stablecoin to dollars, you can do so easily and instantaneously. Yet, they do no such thing, as demonstrated by the recent collapse of
ANALYSIS

Blockchain tech offers multiple paths to financial inclusion for unbanked

[ad_1] Financial inclusion, accessible services and the unbanked are standard talking points in many conversations about crypto. But, the details may remain somewhat fuzzy — the people who talk about crypto are generally those already inside the financial system. There are people who are actively working to increase financial inclusion and access to services for the vast number of people who are unbanked or underserved. CBDC for the peopleCentral bank digital
REVIEWS

Crypto is changing how humanitarian agencies deliver aid and services – Cointelegraph Magazine

[ad_1] The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.In the summer of 2021, Hope for Haiti was ready to launch a cryptocurrency pilot program to provide 150
Bitcoin News

Blockchain Economy Istanbul Makes Grand Impact with the Top Names

[ad_1] Advertisment The World’s Top Blockchain Event To Have On Your Radar is approaching! After 2 years of Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27-28, 2022 in one of Istanbul’s most prominent and renowned venues: Hilton Istanbul Bomonti Hotel. The summit’s 2-nd Turkey edition was the last major blockchain conference held in Turkey before pandemic, and now Summit’s 4-th edition will be the first
Bitcoin News

NFT Crowdfunding & Fractionalization Protocol Confti Launched

[ad_1] Advertisment May 24, 2022– Marks the official launch of Confti, the NFT crowdfunding and fractionalization protocol. On Confti, users can start crowdfunding Parties to buy scarce and valuable NFTs together, get NFT Parts, and have partial ownership rights like price governance or dividends. The platform supports division (fractionalization) of users’ NFTs into tradeable ERC-20 or ERC-1155 tokens. The protocol allows any individual or organization to buy or auction NFTs
REVIEWS

The Moon ‘created’ his lavish reality… and says you can, too – Cointelegraph Magazine

[ad_1] In the space of a few short years, former high-school dropout cashier from Sweden Carl “The Moon” Runefelt has been transformed into a top crypto influencer who shares videos of his life of private jets, supercars and million-dollar watches that inspire his followers and annoy his critics. Drawing from quantum physics, he has an explanation for his unlikely success — the universe isn’t real but is merely a construction of