Technology Financial News
21.09 / 17:07
markets
Technology
Adoption
Investments
TradFi
Blurring the line between crypto and TradFi could redefine global finance
Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day.
21.09 / 17:07
Government
Technology
Law
Tornado Cash is the latest chapter in the war against encryption
The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal government seems groundbreaking. However, tussles between the private sector and the state on the issue of privacy are far from new and can provide compelling insights on what we might expect next for privacy in the crypto industry.
20.09 / 20:25
Technology
defi
Metaverse
Enjin co-founder: Here's a roadmap for replacing shadowbans in the metaverse
For all the hype around the metaverse, it is easy to forget it is still in its infancy. While the term has only recently entered the broad public consciousness, its impact on how we interact with technology is already expected to be deeply consequential. McKinsey & Company estimates that annual global spending within the metaverse could reach $5 trillion by 2030 across domains as broad as gaming, social, fitness, commerce and remote learning.
20.09 / 17:23
business
Technology
Adoption
education
Crypto insurance market expands with decentralized and centralized options
Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital assets.
20.09 / 09:01
business
Technology
Art
Sport
Nifty News: The Sandbox hosts its first wedding, Hollywood actor auctions photo of eye as NFT and more
Decentralized blockchain-based metaverse The Sandbox has held its first hybrid digital and real-life wedding on its Metaverse.
19.09 / 16:59
Technology
Ethereum
Adoption
Investments
Does the Ethereum Merge offer a new destination for institutional investors?
Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital.
19.09 / 10:37
business
Technology
Ethereum
cryptocurrency
NOT
Ethereum Merge hits graphic cards, but GPU-based mining is not dead
Ethereum’s shift of its consensus algorithm from proof-of-work (PoW) to environment-friendly proof-of-stake (PoS) in an event called ‘The Merge’ earlier this week will result in sizeable graphic card (GPUs) dump and hit manufacturers such as Nvidia and AMD.
18.09 / 22:51
Technology
defi
Cybersecurity
Tech
Waves founder: DAOs will never work without fixing governance
Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results. To truly get the most out of a decentralized organization, steps must be taken to regulate weighted voting and tokenomics. If not carefully balanced, DAOs can implode — and some already have.
18.09 / 19:27
business
Technology
Adoption
Gaming
NFTs will bring crypto to billions of users, explains VC investor
Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the masses. Unlike other crypto niches, NFTs are relatable to aspects of everyday life such as art, music and games.
17.09 / 01:31
Technology
Adoption
Tech
Wallets like MetaMask need to become more user-friendly
After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component of our Web3 applications. But interacting with them remains quite dangerous, especially for non-developers. Many of the incidents where users lose their crypto assets are caused by buggy or malicious smart contracts.
16.09 / 18:25
Technology
Climate change
Queen Elizabeth II
'It's a boring joke,' Viktor Orbán says after MEPs declare Hungary an electoral autocracy
Hungary's Prime Minister Viktor Orbán said on Friday he found it "funny" that the European Parliament had passed a report calling his country an "electoral autocracy."
15.09 / 06:45
business
Blockchain
Technology
Ethereum
It's on! Where to catch the Ethereum Merge live
Ethereum (ETH) is heading for the most significant upgrade in its history, which is scheduled to happen at around 5:27am UTC on Sept. 15.
15.09 / 00:51
Blockchain
Technology
coinbase
Coinbase to educate users on policies held by local politicians with new app integration
On Sept 14, Coinbase Co-Founder and CEO Brian Armstrong announced the company’s plans to begin integrating crypto policy efforts into its app. According to him, this will help the company’s 103 million verified users know where their local political leaders and representatives stand when it comes to cryptocurrency.
14.09 / 18:41
Blockchain
Technology
Ethereum 2.0
Tech
Ethereum’s Merge will affect more than just its blockchain
As with many things in life, events are not siloed. When any type of event or action occurs, planned or unplanned, it causes changes and reactions to surrounding components. Think of a stone thrown into a pond creating ripples in the water while also altering the aquatic environment below the surface. This school of thought can also be applied to the Ethereum Merge.
09.09 / 21:39
Blockchain
Technology
Mining
Hardware
acquires
CleanSpark acquires mining facility in Georgia for $33 million
Crypto mining firm CleanSpark announced an agreement on Friday to acquire Mawson's bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark's hashrate by 1.4 exahashes per second (EH/s) in the next few months, and to 7.0 EH/s by the end of next year.
08.09 / 17:13
Technology
Energy
European Central Bank announces largest interest rate hike in bid to fight inflation
The European Central Bank (ECB) on Thursday announced a record rate hike in a bid to stifle record inflation across the euro area.
08.09 / 17:13
Technology
Energy
Kyiv says it has retaken dozens of localities from Russian control in the south and east of Ukraine
Ukraine has retaken dozens of Russian-occupied localities in the south, east and northeast of the country, the military announced on Thursday.
08.09 / 16:19
Technology
Ethereum
defi
Ether price
What the Ethereum Merge means for the blockchain’s layer-2 solutions
Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem.
08.09 / 15:53
Technology
European Union
Queen Elizabeth II: Doctors concerned for monarch's health and want her under medical supervision
The health of Queen Elizabeth II is causing doctors concern and they have recommended she remain under medical supervision, Buckingham Palace has announced.
08.09 / 07:27
business
Blockchain
Technology
Social Media
Exploit
Flash Loan Exploit
Avalanche flash loan exploit sees $371K in USDC stolen
Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit.
07.09 / 18:57
Blockchain
Technology
Ethereum
Trading
How high transaction fees are being tackled in the blockchain ecosystem
High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs.
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