Sorare is a crypto-based fantasy sports game that allows players to earn rewards by participating in its tournaments to win digital trading cards. The value of the tokenized card, representing a sportsperson, is generated by the athlete’s real-life on-pitch performance. The game has licensed NFTs of digital versions of global teams, clubs and players in...
How can bitcoin prices be profitable? Know about the trading options due to Bitcoin prices. CryptoQuant CEO Ki Young Ju said recently on X that bitcoin price velocity has declined to a three-year low. This can be both beneficial and disadvantageous, as big whales were holding on to their positions, but the transfer to new...
Learn about various uses of crypto. Know how many industries use crypto for trade and exchange. Cryptocurrency changes the workings of finances around the world, and it also introduces many new and clever ways to manage finances. There are many use cases for crypto that one can choose from. So let’s have a look at...
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,...
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...
