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December 2022

Telegram founder wants to build new decentralized tools to combat power abuse

Telegram founder wants to build new decentralized tools to combat power abuse

Leave a Comment / News /

The messaging platform is building decentralized tools, including no-custodial wallets and decentralized exchanges. According to founder Pavel Durov, Telegram will create several decentralized tools, including non-custodial wallets and decentralized exchanges, via its Telegram channel on November 30. The move comes in response to FTX’s recent collapse, Durov said, as the industry eventually became concentrated in […]

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Festivals in the Metaverse: How Web3 projects are taking culture virtually

Festivals in the Metaverse: How Web3 projects are taking culture virtually

Leave a Comment / Metaverse /

As the Metaverse becomes a place to linger, more and more major events will appear to pull users into digital reality. Supported by the amount of activity flowing into the Web3 metaverse domain. The Metaverse 2022 engagement is more like a government agency setting up a virtual office to connect with future generations of customers

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Ethereum (ETH) Rival Erupts 41% After Crypto Project Reveals Massive Altcoin Holdings

Ethereum (ETH) Rival Erupts 41% After Crypto Project Reveals Massive Altcoin Holdings

Leave a Comment / Ethereum News /

Due to a recent rally following a statement from one of its major contributors, a cryptocurrency project outperforms most markets. Andre Cronje, a prolific decentralized finance (DeFi) developer and “architect” at the Fantom Foundation, says the project should run for 30 years without selling a single FTM token. In a blog post, Cronje reveals details

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What is Web 3.0 and How Will It Change the Internet?

What is Web 3.0 and How Will It Change the Internet?

Leave a Comment / Web 3.0 /

Communication technology is the fastest developing area. And, of course, as we’ve moved from Web 1.0 to Web 2.0, we’re already leaping to Web 3. Research into data communications for computer networks began in the 1960s. In 1974, Vint Cerf, Yogen Dalal, and Carl Sunshine defined the basic concepts of the Internet, Transmission Control Protocol

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Web3 startup Starlight debuts corporate cards for crypto firms: Exclusive

Web3 startup Starlight debuts corporate cards for crypto firms: Exclusive

Leave a Comment / Web 3.0 /

Starlight, the web3 startup backed by Brevan Howard, has launched corporate cards that it hopes can simplify expense payments for cryptocurrency businesses. These cards allow for both fiat and crypto payments, which can be tracked via a treasury dashboard on the platform. Considering recent events, other providers are ceasing their services to cryptocurrency companies. For

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Mobile game maker Aeria Canada Studio to migrate products to web3: Exclusive

Mobile game maker Aeria Canada Studio to migrate products to web3: Exclusive

Leave a Comment / Web 3.0 /

The mobile game maker’s titles are being redesigned to accommodate NFT.  The first game to be released is Rescue Robots: Sniper Survival, which has over 5 million downloads on the Google App Store alone. David S. Bennahum, CEO of Ready Games, said that removing the barriers to moving games to Web3 will help Web3 games

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How stable are stablecoins in the FTX crypto market contagion?

How stable are stablecoins in the FTX crypto market contagion?

Leave a Comment / Cryptocurrency /

If the FTX collapse in early November was the “Lehman moment” for cryptocurrencies, as quite a few experts have suggested, will FTX contagion now spread to stablecoins? After all, Tether USDT tickers are down $1.00; the market leader briefly lost its peg to the US dollar on November 10. In regular times, that could have

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BlockFi has 5 million in digital assets ‘frozen’ on FTX

BlockFi has $355 million in digital assets ‘frozen’ on FTX

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Cryptocurrency lender BlockFi has locked $355 million in digital assets in FTX, a bankruptcy court attorney said.  BlockFi filed for bankruptcy this week, shortly after FTX collapsed in early November. BlockFi, the ailing cryptocurrency lender, has frozen $355 million in digital assets on the FTX platform, the company said in court exchanges. FTX, which was

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K Bitcoin dropping to K–K — Can this happen?

$16K Bitcoin dropping to $12K–$14K — Can this happen?

Leave a Comment / Bitcoin News /

In this week’s episode of The Market Report, resident experts discuss whether Bitcoin can drop to $12,000 or $14,000 and how the markets might react. In this week’s The Market Report, resident experts the possibility of $12,000-14,000 Bitcoin BTC ticking below $16,429 Price and what that would mean for the rest of the crypto space.

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Line shuts down crypto exchange to focus on blockchain and LN token

Line shuts down crypto exchange to focus on blockchain and LN token

Leave a Comment / Cryptocurrency /

Amid the ongoing crypto winter, Japanese messaging giant Line has decided to close its cryptocurrency exchange. Big front, the cryptocurrency exchange owned by Line, officially announced on November 27 a plan to completely shut down the platform by March 2023. The announcement notes state: Unfortunately, we have decided that we must close Bitfront to continue

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