The acquisition enables TRON to explore token-based incentives within the BitTorrent ecosystem The acquisition aligns with TRON’s goals of decentralization and ecosystem expansion. BitTorrent, a well-known peer-to-peer file-sharing technology, was purchased by TRON in 2018. TRON is a blockchain platform that focuses on decentralized applications (dApps) and smart contracts. By acquiring BitTorrent, TRON was able...
Ethereum Classic can be referred to as the older version of Ethereum. Following the ‘merge, Ethereum has shifted from PoW to PoS consensus mechanism. What is Ethereum? Ethereum, founded in 2015 by Vitalik Buterin, is a well-known open-source blockchain network with a native token called Ether. Ethereum (ETH) is the world’s second-largest cryptocurrency by...
Blockchain has the potential to address the challenges of the gig economy, remote working and digital platforms. Web3 unlocks new opportunities for workers and employers with a more fair, rewarding and transparent system. Blockchain technology came into the scene after the inception of Bitcoin. It changed the whole landscape of the internet with its offerings...
Cryptocurrencies that previously promised to get rich quickly are starting to fall-off at certain points. Downsides and less-speculative features are being seen with some notable tokens due to market volatility. Cryptocurrencies are keys that have the potential to unlock several benefits with their decentralized behavior. Historical achievements tend to attract a large number of crypto...
The GBTC trades at a discount which indicates that its market price is lower than the value of its Bitcoin valuables. The factors affecting the Discount Narrowing. One of the factors may be due to trust issues by Grayscale to convert GBTC into an exchange-traded fund (ETF) leading to a reduction of the GBTC discount....
Jeremy Allaire has been highly visible in the media in 2023. He adeptly managed Circle during the crypto winter in 2022, resulting in significant profits. Background of Jeremy Allaire As the CEO, Co-founder, and Chairman of Circle, Jeremy Allaire leads a FinTech company that leverages blockchain technology and stablecoins to empower payments and business solutions,...
Oxford Nanopore Technologies released its H1-2023 financial report. ONT stock suddenly dropped 10% in the current intraday session. ONT stock formed a double top pattern in June-July 2023. Oxford Nanopore Technologies PLC is a UK-based company that develops proprietary technology platforms for the electronic analysis of single molecules. It has developed instruments like GridIONTM and...
Celo blockchain is planning to integrate the leverages of OP stack in architecture to be an Ethereum Layer-2 blockchain. This transition could empower Celo developers to utilize Ethereum tooling and libraries. Celo blockchain, developed by cLabs, is returning to the Ethereum ecosystem by transitioning into Layer-2. It is evolving from an independent EVM Layer-1 compatible...
Loot- a collection of 8000 text-based NFTs These NFTs were created by programmer Dom Hofmann Non-Fungible Tokens (NFTs) have created a boom in the digital world due to their uniqueness. Each NFT is one-of-a-kind and has fostered an amazing bottom-up approach to community building. These tokens attract a large group of netizens who desire to...
Crypto wallets allow users to access their digital assets stored on the blockchain. In self-custodial wallets, the users are responsible for safeguarding their private keys and no third party is involved. Lately, several investors and users have realized the potential of cryptocurrencies in the future and have largely become interested in them. Trading in these...
