Technology Financial News

27.12 / 20:15

Blockchain Technology cryptocurrency NFT NFTs, Web3, DeFi and metaverse - Your guide to the tech buzzwords from 2021

2021 has been the year that has given rise to new words in our vocabulary to reflect the changing technology scene.

26.12 / 04:19

Blockchain Technology Ethereum Adoption What is a honeypot crypto scam and how to spot it?

Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been targeted by hackers in recent years.

24.12 / 23:07

Blockchain Technology Polygon Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

Polygon (MATIC), a layer-two network designed for scaling and application infrastructure development on Ethereum (ETH), has been making rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200 million Web 3.0 social media initiative and up to integrating with Opera's web browser to make its decentralized apps accessible to 80 million Android mobile users, the network's momentum is going strong.

23.12 / 12:34

Technology Amazon Coders see crypto as the new get-rich-faster job in Valley

Amazon's cloud computing unit this month, she said that she was joining a crypto technology company. She included a link for open positions at the startup.

23.12 / 05:11

Technology Art NFT Artists Biggest NFT drops and sales in 2021

Nonfungible token, or NFT, became such a tech buzzword in 2021 that even Collins Dictionary declared the abbreviation its word of the year and Google searches for NFTs spiked to record levels.

23.12 / 00:33

Technology Hackers Scams phishing compensation Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund

On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord.

22.12 / 19:47

Blockchain Technology transactions Cross-Chain Terabithia cross-chain protocol bridges Internet Computer and Ethereum

On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens, fungible and nonfungible, on the Internet Computer blockchain and vice versa, effectively turning ICP into a layer-two scaling solution for ETH.

22.12 / 17:09

Technology Adoption Polygon Opera Opera to integrate with Polygon, opening dApp ecosystem to 80M users

On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon's ecosystem to Opera's over 80 million users on the Android mobile, then to the rest on other devices and platforms. Polygon is a layer two Ethereum (ETH) scaling solution designed for lower gas fees and faster transaction times.

22.12 / 04:33

business Blockchain Technology data Blockchain enables enterprise business models in the Metaverse

Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business.

22.12 / 02:13

Technology NFT Gaming Ubisoft pursues NFT initiative with aleph.im following fan backlash

Earlier this year, gaming giant Ubisoft joined the aleph.im network as a core channel node operator after the blockchain-based storage and computing startup became a part of Ubisoft’s Entrepreneurs Lab. On Tuesday, aleph.im announced that it will offer a decentralized storage solution for Ubisoft Quartz in order to further incorporate nonfungible tokens (NFTs) into Ubisoft’s AAA games.

22.12 / 00:15

Blockchain Technology Behind the scenes of the first AAA shooter game built on the blockchain

Shrapnel is the world's first AAA shooter game built on the blockchain, at the intersection of community, creation, and ownership. The team is comprised of BAFTA and Emmy award-winning talent that has worked on blockbuster franchises such as HALO, Call of Duty, Madden, Bioshock, Destiny, Star Wars, Hawken Skylanders, Westworld, and more.

20.12 / 22:15

business Technology enaira From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world

Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian (Bajan) hospitality, and more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt, a Bajan fintech firm developing blockchain technology, has successfully created the eNaira central bank digital currency, or CBDC, for Nigeria and is on the path to creating an electronic Hryvnia for Ukraine.

20.12 / 15:09

Blockchain Technology cryptocurrency Trump Melania Trump latest celebrity to cash in on NFTs

Former model and history’s most aloof First Lady, Melania Trump, is the latest public figure to take a step into the NFT market.

17.12 / 22:23

Technology Adoption Cardano Crowdfunding Genius Yield raises $118M via ISPO in first 48 hours

On Dec. 15, Genius Yield, a decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, announced the launch of its initial stake pool offering, or ISPO. The fundraising will continue for six months until June 15, 2022. At the time of publication, more than 95.8 million ADA, worth approximately $118 million at the time of writing, have been delegated to the stake pools.

17.12 / 20:49

Technology COVID in Europe: Records broken as UK and Denmark see Omicron surge

Europe is once again seeing a surge of COVID-19 cases — here is our summary of the measures being taken across the continent.

17.12 / 18:39

business Technology Polygon Reddit Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative

On Friday, Polygon and Alexis Ohanian’s venture capital firm, Seven Seven Six, announced a $200 million initiative backing projects operating at the intersection of social media and Web 3.0. The initiative will focus on gaming applications and social media platforms built on Polygon’s infrastructure.

17.12 / 16:03

Technology Slovakia's ex-PM Robert Fico arrested on camera for alleged COVID breach

Former Slovak Prime Minister Robert Fico was detained on Thursday on suspicion of organising an anti-government rally that had been banned due to lockdown rules.

16.12 / 22:01

business Blockchain Technology Adoption innovations Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury

On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management, and its partner Mirana ventures announced the creation of EduDAO with eight of the world's top universities including University of California Berkeley, MIT, Harvard and Oxford University.

16.12 / 21:58

Technology cryptocurrency Fashion Internet Adidas takes a leap into the metaverse through NFTs with physical perks to boot

Sports giant Adidas is stepping into the world of the metaverse by launching its first collection of NFTs.

16.12 / 15:34

Technology Royal Family dutch Dutch royal family faces criticism over birthday party breaching COVID-19 rules

The Dutch royal family expressed regret on Wednesday for inviting 21 people to Princess Amalia's 18th birthday last week.

15.12 / 21:15

Blockchain Technology Ethereum Adoption Multichain Gravity Bridge brings Ethereum to the multichain

On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between Ethereum (ETH) and Cosmos blockchains.

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