Introduction 2024 started on a positive note for the crypto industry with the SEC approving the Bitcoin ETFs. This year is already poised for a more significant upgrade into the ecosystem with Bitcoin halving scheduled for April. The approval of the ETF opens the door for a lot of investors. The new investors can now
Introduction The cryptocurrency journey has been quite eventful over the past few years, and 2023 was no different. The most recent crypto winter was triggered by 2022’s massive losses from Luna, TerraUSD, and FTX, which extended into 2023 with the failure of crypto banks Silvergate Bank and Signature Bank in March. Despite these losses, regulatory
Introduction In 2013, The Winklevoss Bitcoin Trust made a filing for the first Bitcoin ETF, but the first Bitcoin ETF was approved in 2020 and was listed on the Bermuda stock exchange. Since then, the crypto industry has moved leaps and bounds. The first Bitcoin Spot ETF was launched on August 15, 2023 in Europe.
Introduction The gaming industry saw its inception in the 1970s and early 1980s. Arcade games like pong, quickly grab the attention of the people. Soon after we saw the advent of video game consoles. The first home console, Magnavox Odyssey, saw good demand. But as the time went by the personal computers became more and
Introduction With the increasing awareness among the people about blockchain technology, more and more people are coming and exploring the industry. But one of the basic things one needs is the cryptocurrency to do any transaction on the blockchain or interact with the blockchain. This gives rise to the need for secure crypto storage solutions.
Introduction Ethereum has become a household term in the world of cryptocurrency and Web3, and for good reason. Following the successful completion of the Merge last year, Ethereum has been actively implementing a series of upgrades. Ethereum’s meteoric rise in popularity can be attributed to its ability to foster the growth of innovative blockchain products,
Introduction Application specific needs has given us a rapid increase in the number of blockchains present in the blockchain industry but making inter-chains transactions has been a long time problem. Each chain is isolated. There have been solutions like using a centralised authority to facilitate the transaction between two chains or a new decentralised chain
Introduction If you are even the slightest bit of a tech follower, you must have come across the term AI-ML. In Fact you might even know about it. But in this article we are going to be discussing the rapid emergence of Artificial Intelligence and Machine learning capabilities. PwC’s global AI study says that the
Introduction The blockchain trilemma (security, decentralisation and scalability) is still the most important question yet to be answered. Companies and communities are coming up with different types of solutions to the problem. In recent days there have been some interesting developments. Binance launched the opBNB Testnet on 19 June 2023. opBNB is Binance’s solution to
INTRODUCTION Ethereum merged with the Beacon chain on September 15th, 2022. This helped Ethereum transition from Proof of work consensus to Proof-of-stake consensus. This makes the ethereum ecosystem environment friendly and sustainable in the long run. The energy consumption by ethereum is reduced by approximately 99.95%. Out of the many things that happened during the
Introduction The Proof-of-Stake (PoS) mechanism provides a better scaling solution, energy efficiency and increased speed over the earlier Proof-of-work mechanism. PoS requires validators to validate the transactions on the blockchain. To become a validator, one must pledge some cryptocurrency for the vesting period. The validator is then not allowed to take the cryptocurrency out for
Introduction DeFi yields have fallen by over US$120B since November 2021, closely correlating with two-year lows in transaction volume and investor participation. To address this, Real World Assets (“RWAs”) are being tokenized and brought on-chain to be used as a source of yield within DeFi. RWAs can represent many different kinds of traditional assets such