BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Crypto Firms Make Job Cuts Amidst Ongoing Crypto Winter
Protocol Labs, Chainalysis, and Bittrex slashed 216 employees during the crypto winter.
FBI seizes $100,000 in cryptocurrency and NFTs
The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.
Australia's Government is Bolstering Its Market Regulator's Digital Asset
The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.
Billionaire investor Ray Dalio has described fiat currency as being in serious jeopardy
Bitcoin is too unpredictable to be "effective money," according to legendary investor Ray Dalio.
Local Officials Set Ambitious Targets for Digital Yuan Transactions
In 2022, the e-CNY processed $50.5 billion in municipal transactions.
Hopes Dashed for India's Crypto Community
The Indian crypto community was upset that the budget did not address crypto, hoping for a 30% tax decrease.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
Cardano's New Algorithmic Stablecoin DJED
ADA, Cardano's native token, backs the algorithmic stablecoin, which is tied 1:1 to the US dollar.