Have you ever imagined how amazing it would be if you could turn your words into images? Imagine being able to create stunning artworks, illustrations, logos, memes, or anything else you can think of, just by typing a few words. Imagine being able to express your...
Month: October 2023
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What is Litecoin (LTC) and How Does it Work?
Whether you're just starting out with cryptocurrency or have experience with digital money, there may come a point when you wish to include Litecoin (LTC) in your portfolio. Litecoin is often referred to as "the silver to Bitcoin's gold," even though it is an...
What is Sharding and Why is it Important?
It's widely known that Ethereum has a problem with how long and expensive it takes to do a transaction. For example, if you want to buy an NFT on Ethereum, the fee you have to pay can go up to $100. Scalability issues with blockchains are a common problem, even though...
What Are Blockchain Oracles?
Blockchain technology has revolutionized various industries by enabling secure and transparent decentralized transactions. However, there are instances where blockchain applications require access to real-world data or external information. This is where blockchain...
Maestrobots’ Generous 610 ETH Refund to Users After Smart Contract Exploit
Maestrobots, a collective of cryptocurrency trading bots on the popular messaging app Telegram, has issued a remarkable 610 ETH refund to users affected by a significant exploit that occurred on October 24, involving a 280 ETH smart contract breach. The Maestro team...
What is a Hard Fork in Blockchain & How Does it Work?
In the world of blockchain technology, a hard fork is a significant event that can shape the future of a cryptocurrency network. It often leads to the creation of a new blockchain network with distinct features and characteristics. In this article, we will explore...
BlackRock’s Spot Bitcoin ETF Listed on Nasdaq Clearing Firm, a Positive Signal for SEC Approval
In a recent development, the iShares spot Bitcoin exchange-traded fund (ETF) proposed by the investment giant BlackRock has found its way onto the Depository Trust & Clearing Corporation (DTCC), a significant move that suggests a step closer to approval from the...
What Are Token Standards? And What Are the Different Types?
In the world of blockchain, tokens are digital assets that represent a certain value or utility. These tokens are created and traded on various blockchain networks, such as Ethereum, Binance Smart Chain, and more. Token standards are rules and guidelines that define...
High-Stakes Showdown: Bankman-Fried Trial Reaches Closing Arguments
Sam Bankman-Fried's trial is entering its final phase, with the prosecution planning to wrap up its case on October 26 after presenting nearly 20 testimonies during the past few weeks. Over the course of three weeks, the prosecution called a diverse group of...
What Is Unibot and How Does It Work?
Unibot is a new and exciting way to trade digital assets without a centralized authority. It works through the Telegram app, which many people use to chat with friends. Let's find out more about Unibot and how it fits into the world of decentralized finance (DeFi)....
Big Time: A Blockchain-Based Multiplayer Action RPG
Are you looking for a fun and exciting way to earn cryptocurrencies while playing a video game? If so, you might want to check out Big Time, a multiplayer action RPG where you team up with friends to adventure across time and space. Big Time is a blockchain-based game...
Binance.US Adjusts Withdrawal Policies for USD Holdings
Binance.US, the cryptocurrency exchange, has introduced changes to its terms of service, indicating that direct withdrawals in U.S. dollars are no longer facilitated on the platform. The amendment, implemented on October 16, specifically pertains to the "BAM Fiat...
What is a Blockchain Explorer and How Does it Work?
A blockchain is a transparent record of all transactions made. Every time a person transfers a cryptocurrency like Bitcoin from one digital wallet to another, the blockchain records the transaction details. However, how can people access the transaction information?...
Binance Ceases Accepting New Users in the UK Amid Regulatory Restrictions
Binance, the prominent cryptocurrency exchange, has taken the decision to stop accepting new users from the United Kingdom, effective from 5:00 pm local time on October 16. This action was initiated following the United Kingdom's Financial Conduct Authority (FCA)...
US government holds over $5 billion worth of Bitcoin, report reveals
A recent report by Chainalysis, a blockchain analytics firm, has revealed that the US government is one of the largest holders of Bitcoin in the world, with an estimated 70,000 BTC worth over $5 billion at current prices. The report, titled "Crypto Crime and the US...
What Are Privacy Coins and Are They Legal?
A privacy coin is a cryptocurrency designed to protect its users' privacy and anonymity. Privacy coins use various techniques, such as encryption and obfuscation, to hide the details of transactions and the identities of those involved. Some have criticized Privacy...
Uniswap V4 KYC Hook Sparks Controversy Among Crypto Users
A new feature that allows users to verify their identity before trading on Uniswap V4 pools has triggered a heated debate among crypto enthusiasts. The feature is a hook, which is a tool that lets developers customize the code of a program without changing its core...
How to Earn SPS in Splinterlands
Splinterlands, an immersive and rewarding blockchain-based collectible card game, combines strategy, skill, and luck to captivate players. With a vibrant and active community, players engage in fierce competition, card trading, and participation in diverse events and...
GBTC Discount Narrows as Investors Anticipate Spot Bitcoin ETF Approval
As the U.S. Securities and Exchange Commission (SEC) seems closer to approving the first spot Bitcoin ETFs in the country, the demand for Grayscale's Bitcoin Trust (GBTC) has increased. GBTC is a fund that holds Bitcoin and allows investors to gain exposure to the...
What is the World Mobile Token & How to Buy it?
The Internet is one of the most powerful and transformative technologies in human history. It has enabled unprecedented access to information, education, communication, entertainment, and innovation. However, not everyone can enjoy the benefits of the Internet....
Japan to launch its own digital currency backed by yen in July 2024
Japan is planning to launch a digital currency that is backed by the Japanese yen and will be compatible with various platforms and devices. The digital currency, called DCJPY, will be issued by a consortium of banks, fintech companies, and regulators, and will aim to...
Stars Arena Recovers 90% of Hacked Funds After Offering Bounty to Exploiter
Stars Arena, a decentralized social media platform on Avalanche, announced that it had recovered nearly all of the funds that were stolen from its smart contract in a recent exploit. The platform offered a 10% bounty, worth over $250,000, to the exploiter in exchange...
How to Play Nakamoto Game in 2023
Nakamoto Game is a Web3 gaming ecosystem that provides a platform for games that are based on skill, strategy, and in-depth game knowledge rather than luck. All of the play-to-earn games on Nakamoto game require strategic thinking and proficiency, allowing users to...
Binance Helps Israel Block Crypto Funding for Hamas
Israel has frozen several cryptocurrency accounts that it claims belong to the Palestinian militant group Hamas, according to a report by Calcalist. The report cites an official press statement from the National Bureau for Counter-Terror Financing (NBCTF), which is...
What is Battle of Guardians? Guide on How to Play and Earn
Battle of Guardians is a blockchain-based game that lets you collect, train, and battle with powerful beings called guardians in a multidimensional game world. It was developed and published by PT. Petarung Hebat Indonesia is an Indonesian gaming company that aims to...
UK regulator warns against 143 crypto exchanges, including Huobi and KuCoin
The Financial Conduct Authority (FCA), the UK's financial watchdog, has issued a warning to the public about 143 crypto exchanges that are not authorized to operate in the country. The list includes some of the major players in the crypto industry, such as Huobi-owned...
Watch-to-Earn Platforms that Pay You in Cryptocurrencies in 2023
Cryptocurrencies have completely transformed the way we handle money, providing us with more options to obtain them compared to traditional methods. You can buy cryptocurrencies through specialized platforms called cryptocurrency exchanges, or you can get involved in...
Major Cryptocurrency Exchanges and Firms Take Steps to Comply with UK’s New Financial Promotion Rules
Binance, OKX, and MoonPay are taking steps to comply with the new financial promotion regulations in the United Kingdom. The Financial Conduct Authority (FCA) of the U.K. introduced the Financial Promotions (FinProm) Regime on October 8th, with the aim of ensuring...
Farmers World Game Guide: How to Play & Earn
Farming games have always been popular among casual gamers, who enjoy the relaxing and rewarding experience of growing crops, raising animals, and managing their own virtual farm. However, most farming games are limited by the centralized platforms they run on, which...
HTX Recovers Stolen ETH and Rewards Hacker with Bounty
HTX, a crypto exchange operated by Huobi Global, has announced that it has recovered the funds that were stolen by a hacker in late September. The exchange also rewarded the hacker with 250 Ether (ETH) for returning the money. The hacker had managed to steal 5,000 ETH...
What are Fractional NFTs and How Do They Work?
Non-fungible tokens (NFTs) have taken the world by storm, creating a new paradigm for digital ownership and creativity. NFTs are unique and indivisible digital assets that are stored on a blockchain, such as Ethereum. They can represent anything from art, music,...
FTX CEO Sues Binance and CZ for Defamation on Twitter
Sam Bankman-Fried, the CEO and founder of FTX, a leading cryptocurrency exchange, has filed a lawsuit against Binance, the world's largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ), for defamation on Twitter. The lawsuit claims that Binance and CZ made...
Hong Kong Crypto VC Raises $100 Million for Asian Blockchain Startups
Hong Kong-based venture capital firm CMCC Global, specializing in cryptocurrency investments, has successfully secured $100 million in funding for its newly established Titan Fund. This crypto-focused fund aims to support innovative blockchain startups across Asia....
FriendTech SIM Swap Attack: A Series of Breaches
FriendTech, a popular social media platform, has been hit by a series of SIM swap attacks that compromised the accounts of several high-profile users. The attackers used a technique that involves tricking mobile phone providers into transferring the victim's phone...
What Is Crypto Tourism?
In the past few years and with the increasing popularity of digital currencies in various industries, including the travel industry, crypto tourism has emerged as a unique way for enthusiasts and investors to expand their knowledge about digital assets. Despite the...
Ripple Secures Full-Fledged Singapore Payments License, Expanding Its Asia-Pacific Foothold
Ripple, a prominent player in the cryptocurrency and blockchain industry, has achieved a significant milestone by obtaining formal approval for a major payments institution license in Singapore. This achievement follows Ripple's initial in-principle approval granted...
What Are Crypto Payment Gateways and How Do They Work?
Cryptocurrencies are digital assets that can be used as a medium of exchange, store of value, and unit of account. They are powered by blockchain technology, which is a distributed ledger that records and verifies transactions without the need for intermediaries....
Abu Dhabi Company Launches Stablecoin Backed by UAE Dirham
A new stablecoin pegged to the UAE dirham (AED) has been launched by a company based in Abu Dhabi. The stablecoin, called DRAM, is designed to provide access to the UAE's stable currency for countries that suffer from high inflation. DRAM was created by Distributed...
What Is Mimblewimble and How Does It Work?
Mimblewimble is an innovative protocol designed to enhance the privacy, scalability, and fungibility of blockchain-based cryptocurrencies. It was initially introduced in 2016 by an anonymous individual who used the pseudonym Tom Elvis Jedusor, a French variation of...
Coinbase Secures Major Payment Institution License for Singapore Expansion
Coinbase, the United States-based cryptocurrency exchange, is set to expand its operations in Singapore after gaining significant regulatory approval from the Monetary Authority of Singapore (MAS). On October 1st, Coinbase proudly announced the acquisition of a Major...
How to Add Unlockable Content to Your NFT Collection
The world of non-fungible tokens (NFTs) has taken the digital art and collectibles market by storm. These unique digital assets, powered by blockchain technology, have gained immense popularity and have opened up new opportunities for creators and collectors alike....
FTX Founder Explored Offering Donald Trump $5 Billion Not to Run for President, Reveals Author
In a recent interview, Michael Lewis, the author of "Going Infinite: The Rise and Fall of a New Tycoon," unveiled a startling revelation about former FTX CEO Sam Bankman-Fried. According to Lewis, Bankman-Fried considered the possibility of paying Donald Trump to...
Tottenham Hotspur Joins the Web3 Revolution with Its Own Fan Token on Chiliz Blockchain
Tottenham Hotspur, a popular English Premier League football club, has announced the launch of its own fan token on the Socios.com platform, powered by the Chiliz blockchain. The token, named $THFC, will allow fans to access exclusive club content, rewards, games, and...
How to Stay Safe in DeFi: Red Flags and Risks You Need to Know
DeFi users can access various functions, such as lending, borrowing, trading, investing, staking, and earning interest, by using different types of digital assets, such as cryptocurrencies, stablecoins, tokens, or NFTs. DeFi offers many benefits and opportunities for...
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