NFTS

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Non-fungible tokens (NFTs) have been one of the biggest developments in the crypto industry, bringing millions of money and people to the digital art, collectables, gaming, and metaverse sectors. However, NFTs also have several constraints, such as high transaction costs, poor liquidity, and lack of interoperability. To solve these difficulties, a

For the last year or two, celebrities have started endorsing non-fungible tokens, which have become popular due to their rarity and worth. For a while now, the value that it brought in has drawn attention and raised a lot of eyebrows. As a result, it has been discussed not just

In recent years, the world of non-fungible tokens (NFTs) has acquired immense popularity, revolutionizing how we perceive and interact with digital assets. Polygon, a scaling solution for the Ethereum blockchain, has emerged as a prominent ecosystem for NFTs, offering quicker transactions and lower fees than the Ethereum main net. This guide

United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug. 14, the power usage model employed by Layer1 for Bitcoin mining violates Lancium LLC’s patent filed in

When most people hear about buying Bitcoin (BTC) or other cryptocurrencies, they immediately think of the largest exchanges, most of which are located in Asia. Today, countries such as China and South Korea have become epicenters of blockchain innovation. However, in many countries, it’s still unclear whether cryptocurrencies are allowed,

China’s central bank digital currency (CBDC) known as the digital yuan should be regulated in line with cash-related laws, according to a senior exec at the country’s central bank. In an opinion article on Sept. 14, Fan Yifei, a deputy governor of the People's Bank of China (PBoC), outlined the major regulatory principles for

Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018. Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 million stolen from the exchange. The lawsuit was

The United States Internal Revenue Service has better ways to spend taxpayer dollars than offering bounties to break Monero’s (XMR) privacy, a Monero working group says. After the IRS announced it is offering up to $625,000 to anyone who can break Monero, a major Monero-focused workgroup expressed their take on the

The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, but higher value transactions, too. Bitcoin (BTC) and other cryptocurrencies are certainly accomplishing a lot when it

Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0.5 percent, to trade near $11,827 ahead of the New York opening bell. Likewise, the US stocks inched higher in the pre-trading session, renewing

From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency.