Cryptocurrency bills are finally getting some recognition from the regulatory committee. Democrats pose as a last hurdle toward cryptocurrency-regulated bills. The cryptocurrency markets have been involved in controversies due to inefficient regulatory frameworks. For a long time, no clarity has been given regarding the bills needed for streamline the regulations. Thus, a breakthrough finally came...
Author: Alena (Alena )
ChatGPT: Is it the Liberator of Metaverse or its Doom?
ChatGPT can be both a savior and a destroyer of Metaverse without a balanced approach. With evolving technology, combining the two technologies can be rewarding but with equal contribution of both. What is ChatGPT? ChatGPT, launched in November 2022, is an AI chatbot. It employs natural language processing to create human-like responses. ChatGPT can be...
Why are People Investing in Virtual Lands with Real Dollars?
Virtual lands are NFTs recorded on the blockchain and provide proof of ownership. Lately, companies are investing millions in this new, yet profitable sector. Where owning a real estate property is still a dream for many, several companies and individuals are buying virtual land for thousands of dollars. This land does not exist physically, but...
Why Was BORA Born, and How is BORA 2.0 Better Than BORA 1.0?
BORA is a Blockchain-based Content Delivery Network (BCDN). BORA 2.0 will adopt Klaytn as its mainnet chain instead of Ethereum. The new platform will utilize the PBFT consensus mechanism instead of PoA. Blockchain technology first found its commercial application in the finance sector. Bitcoin, which became the face of blockchain, revolutionized the finance sector. Since...
Crypto Lending Protocols or DeFi Lending Protocols in Detail
Crypto Lending protocols are a subset of DeFi protocols that govern the lending of crypto assets. They allow users to lend their assets to borrowers, in return for interest. Crypto Lending protocols, also known as DeFi Lending protocols, enable users to loan their crypto assets to borrowers who will repay the loans with interest. It...
A Game Changer Enters the World of DEX: SmarDex Exchange
SmarDex will redefine the current decentralized exchange system with its innovative features. Understanding how SmarDex solves the problem of impermanent losses The modern crypto domain has seen significant changes over the years, and the developments are still on a spree. Crypto exchanges around the globe are facing similar issues of centralized money monitoring practices. Crypto...
What are NFTs? Its Functioning and Creation Explained in Detail
The Value of NFT is derived from the Uniqueness it offers. NFTs can be minted easily and listed on the marketplace to earn royalties. What are NFTs? The Word NFT denotes its meaning because it’s formed by two words, non-fungible and token. After knowing the meaning of non-fungible and token, it will be easy to...
Embracing the Future: A Deep Dive into Web3 Gaming and its Distinctiveness
Web3 gaming offers many new features, including interoperability and scalability In Web3 gaming, players can own and trade digital assets Technology has revolutionised every aspect of our lives, from how we entertain ourselves to how we work.It has not only made tasks easier but has also increased productivity with the help of different AI tools....
FTX Collapse: The Downfall of World’s Largest Crypto Exchange
FTX is one of the world’s largest crypto exchanges and collapses as a result of mishaps. The collapse has shocked crypto enthusiasts and investors and marked a downturn in the whole crypto market. The crypto market is both profoundly unstable and unpredictable at the same time. This makes it difficult for speculators to contribute or...
Speculative Investment- Is It an Investment Strategy or Gambling?
It is an investment in which the investor expects a high return with a significant risk of loss Some people also assume it as gambling Investment is gaining wide adoption as people come to know the power of it. While there are a lot of investors in the world of stock market and crypto, it...