Uncategorized

How Do Subnets Work In Avalanche?

The Subnets solve Avalanche’s core problem: limited blockspace and a rise in fees. Deploy Avalanche Node to run different functions like DeFi, Games, Institutional Blockchains, and NFTs on Avalanche. The Avalanche is built on 3 blockchains which are Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain), which are further secured and validated by […]

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Blockchain

Why did Ethereum shift to a Proof-of-Stake model?

Ethereum’s shift to a proof-of-stake (PoS) model has been all over the news lately. The merger is finally complete and now it relies on the PoS model for verifying all transactions carried out on the blockchain. The Ethereum merger was long-awaited. Until now, all Ethereum transactions were verified by the inefficient and power-hungry proof-of-work (PoW) […]

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News NFTs

NFT firm Dust Labs Raises $7 Million

Recently, an NFT firm by the name of Dust Labs raised a round sum of 7 million USD to build their $DUST ecosystem in their seed round. This investment has been carried out among several companies, namely Hyperspace, Hello Moon, Cymbal, Foundation Capital, Metaplex, Jump, FTX Ventures, Solana Ventures, and Chapter One. The investment is […]

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Blockchain Cryptocurrencies

India’s Exchange Platform: WazirX

WazirX is a leading cryptocurrency exchange platform based out of Mumbai, India. The company was founded in 2018 by three Indian cryptocurrency visionaries, Siddharth Menon, Sameer Mhatre, and Nischal Shetty. Currently, the Seychelles-based crypto giant Binance owns WazirX. WazirX: A dive into the crypto exchange’s history 2018 WazirX was founded in 2018. The founding fathers […]

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Blockchain News

Queen Elizabeth II was interested in Blockchain technology!

Did you know that, in 2020, Queen Elizabeth II showed her interest in Blockchain technology? We’ll tell you the details! Queen Elizabeth II, whose real name is Elizabeth Alexandra Mary, passed away on September 8, 2022, at Balmoral Castle. Because of this, the queen’s eldest son is already king: Charles III of the United Kingdom. […]

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News

Largest Indonesian Tech Firm Enters the Crypto Market with Acquisition of Local Crypto Exchange

Indonesia’s largest tech firm, GoTo Gojek Tokopedia (GOTO), recently entered the crypto market following its purchase of a local crypto exchange, Kripto Maksima Koin. The deal was concluded for 124.84 billion rupiahs or $8.38 million, as we got to know from a statement to the Indonesian stock exchange regulator. The conclusion of the deal was […]

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News

Virtuzone, a UAE-based company, will accept crypto payments via Binance Pay

Virtuzone, a company based out of Dubai, UAE, has started accepting cryptocurrency payments. Currently, the company is accepting payments via Binance pay. Since Virtuzone will be using Binance Pay, users can pay via 40 different cryptocurrencies. The list includes some of the most popular coins including Bitcoin (BTC), Ethereum (ETH), and USD coin (USDC). The […]

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News

Charles Schwab is Launching a Crypto ETF Next Week

Charles Schwab will be launching its first crypto fund next week. Several companies have forayed into the crypto funds market this financial year. Schwab’s fund will have lower expense ratios as compared to funds introduced by competitors like Fidelity and BlackRock. The upcoming crypto fund has been titled the Schwab Crypto Thematic ETF (SCTE). It […]

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Bitcoin

Receiving bitcoins is easier than sending bitcoins.

Experts say, receiving bitcoins is easier than sending bitcoins. The only thing you’re required to do is to give your wallet address to the person who is sending you bitcoins. Once the address isgiven, anyone can receive bitcoins in their wallets.If you have to receive Bitcoins, you would need to follow these steps, just like […]

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News

Crypto Lender Celsius Files for Bankruptcy Amid Ongoing Market Turmoil

Celsius, the cryptocurrency investment platform, announced that it has filed for bankruptcy in the US on Wednesday. The company had frozen crypto transactions last month and had appointed a team of lawyers in hopes to recover financially. However, the company has faltered and is shutting down amidst the already unstable industry. Celsius’ bankruptcy will add […]

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