The co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC) has made several allegations despite his legal scrutiny. Zhu Su claims that the Digital Currency Group (DCG) “conspired with FTX to attack LUNA,” Terra’s native algorithmic stablecoin, which crashed in May 2022. “They suffered significant losses over the summer due to our bankruptcy, as […]
Legacy web developer and internet browser Mozilla announced the acquisition of Active Replica as part of its Hubs ecosystem of developers to enhance digital experiences. Mozilla, a legacy web browser and web developer, announced that it had acquired Active Replica as part of its Creative Hubs ecosystem to improve digital experiences. The older internet browser
MOZILLA ACQUIRES ACTIVE REPLICA TO BOOST ITS METAVERSE VISION Read More »
This will be the most pressing problem that Ethereum developers will tackle. After the September merger, when Ethereum switched its consensus mechanism to Proof-of-Stake (PoS), the network began using validators instead of miners to approve and add blocks. to the Ethereum blockchain. Before the merger, validators started putting 32 Ether (ETH) on the PoS Beacon
Ethereum in 2023: Here’s What to Look Forward To Read More »
From the sidelines, most viewers would think that the crypto industry has just imploded to levels that mean there is no turning back. However, the picture is much brighter. The case for complete decentralization and true DeFi is stronger than ever. While gamers continue to play and find use in the decentralized apps tracked by
Blockchain Games Barely Impacted by FTX Fallout Read More »
Play-to-win games enabled by blockchain technology have grown exponentially in recent years. Players have bought cryptocurrency or “non-fungible tokens” that have appeared in blockchain-based games. The advent of this new technology allowed players to generate revenue by selling in-game NFTs or earning cryptocurrency rewards that could be exchanged for fiat money. Because according to Absolute
2023 will see the death of play-to-earn gaming Read More »
LAS VEGAS – Bringing the metaverse to everyday life will require something more outlandish than today’s virtual reality (VR) headset. While the dream is that devices resembling ordinary-looking glasses will enable an always-on digital experience, the harsh reality is that power-hungry processors and heavy batteries require notably bulky or degraded features. Ixana, a relatively new
This Promising Wireless Tech Could Help Power the Future Metaverse Read More »
The former CEO of the now-bankrupt crypto change made his 2nd look in a New York courthouse on Tuesday. Bankman-Fried’s first look closing week ended in him being launched on a non-public recognizance bond and, quickly after, flying lower back to his parents’ domestic in California. He’s now no longer responsible plea changed into anticipated,
Sam Bankman-Fried Pleads ‘Not Guilty’ to Fraud, Conspiracy Charges Read More »
The Ethereum Name Service (ENS) posted record lifetime domain registrations in 2022 amid a broader market frenzy that prompted some traders to treat domains as investments. ENS is a decentralized domain name protocol that runs on the Ethereum network. It provides users with an easy-to-read name like “ABC.eth” instead of a long, complex alphanumeric address
Ethereum Name Service Recorded Over 2.8M Domain Registrations in 2022 Read More »
Erik Voorhees, CEO of ShapeShaft and an outspoken supporter of bitcoin, believes the next crypto bull run will take between six months and three years. He also predicted that the primary cryptocurrency would reach $40,000 by the summer, a 140% increase from current valuations. ‘It Won’t be Ten Years’ Voorhees argued in a recent interview
Erik Voorhees Predicts When the Next Bitcoin Bull Market Will Start Read More »
DeFi TVL is down 79% from its peak. Ethereum is still the king of DeFi, with a 58% market share. DeFi tokens hit more than 80%. Decentralized finance has taken a hit over the past year as the cryptocurrency bear market deepens. As a result, on January 1, 2023, DeFi TVL fell to its lowest
DeFi TVL Struggles to Recover After Hitting Two-Year Low Read More »
