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.
Crypto.com Mistakenly Refunds $10.5M to Aussie User
Melbourne resident Manivel Thevamanogari and her sister Gangadory Thevamanogari sought a refund of 100 Australian dollars from Crypto.com in May last year but was accidentally returned 10.5 million Australian dollars, according to Australian local media 7News.
FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.
Slangs Used in Crypto Space
There is a plethora of crypto slang in the industry and it can be helpful to know about them as it can quickly explain the different terms used in the industry.
Web3.0 Game Developer Xterio Secures $40M Fund from FunPlus
Xterio, a Web3.0 game developer has pulled the sum of $40 million in a new funding round that has earned the Swiss-based startup a valuation of $300 million
BTC Miners Are Selling Moderately. Technicals Point to a Trend Reversal. Top Losers
All markets dropped following the central bank's Jackson Hole economic symposium on Friday, with the Nasdaq down almost 4%, the S&P 500 losing 3%, and Bitcoin falling 6% for the day as well.
Radix To Become The Wix Of DeFi
The website building platform Wix has taken the internet by storm, helping millions of people without software skills to build slick and stylish websites that are bursting with functionality seamlessly.
MetaWeek 2022 Dubai: Featuring Top-notch Projects in Metaverse and Bringing Up Challenges for Social Impact and Mental Health Awareness
The MetaWeek conference, happening on September 11-14, 2022, will deliver exclusive insights and define current and future trends for Metaverse development in the Middle East and globally.
Lightnet Group Lands $50M to Help Scale Velo Blockchain Protocol
Global investment firm LDA Capital has committed $50 million to Lightnet Group, a blockchain financial technology startup to help in building out its infrastructure.
AAG, Formerly AAG Ventures, Doubles Down on Metaverse Bet Amid Strategic Rebrand
AAG Ventures, the web3 infrastructure company, is expanding its bet on the Metaverse after a successful year of providing value to underprivileged people who used AAG to benefit from the Play2Earn revolution.
Crypto Opinion with Mike Ermolaev: Legathum's Deibson Silva on Leaving Humanity Legacy in the Metaverse for Future Generations
Head of PR at ChangeNOW Mike Ermolaev sat down with CEO of Legathum Deibson Silva to discuss the pioneering metaverse project that aims to preserve enduring memories to educate present and future generations. In addition, the conversation covered Web3's bright future and the psychological aspects of metaverse interaction.