Ethereum transaction costs, colloquially referred to as “gas fees,” have long been a pain point in the Ethereum community, with many bemoaning that high transaction costs have made Ethereum Layer 1 unusable for the average retail user. A single transaction (such as purchasing an NFT or swapping tokens...
I do not know who needs to hear this, but owning an NFT is not the same as owning a project’s copyright or intellectual property. This is the first point I’d like to make.An NFT, or non-fungible token, is a type of digital asset that lives on a...
Avaxtars (AVXT) price is currently skyrocketing. It has jumped by about 117% today hitting a daily high of $25.68. Currently, AVXT is trading at $14.65, with a 24-hour trading volume of $3.03million. Its market cap is $2.7million, with a circulating supply of 156.8K AVXT. Avaxtars Avaxtars is a play-to-earn Metaverse...
Wood says blockchain technology is one of five trends alongside DNA sequencing, energy storage, AI and Robotics She says DeFI and NFTs were huge in 2021 and could continue on the same trajectory this year. ARK Invest founder and chief executive officer Cathie Wood says that blockchain technology is...
Cryptocurrency exchange Crypto.com suspended withdrawals on its platform on Monday following reports from users of "unauthorized activity."The Hong Kong-based firm announced via Twitter early on Monday that it would be pausing withdrawals shortly while it investigated reports of suspicious activity on users' accounts. All funds were safe, it...
Indian Prime Minister Narendra Modi called for global cooperation to tackle the challenges posed by cryptocurrencies.Speaking virtually at the 2022 World Economic Forum's annual Davos conference, Modi said "Cryptocurrency is an example of the kind of challenges we are facing as a global family with a changing global...
Antminer S19 Pro+ Hyd. will deliver 198 terahashes per second (TH/s) of computing power, a 41% increase from Bitmain’s previous model S19 XP. Jan 17, 2022 at 4:18 p.m. UTCUpdated Jan 17, 2022 at 4:18 p.m. UTC(Besiki Kavtaradze/iStock/Getty Images Plus) Team Valhalla
Blockchain-based metaverse experiences are a hot topic right now because they combine two of the technology industry’s biggest transformation drivers that have been around for a long time, attracting millions of users and participants — immersive digital experiences and stakeholder-based commerce.Where the newer blockchain-based ecosystems have made a...
Pakistan’s Federal Investigation Agency (FIA), which investigates serious and organized crime, said it will ask Pakistan Telecommunication Authority (PTA) to block websites dealing in cryptocurrencies, according to a report by Dawn.The proposal is intended to counter fraud and possible money laundering by blocking crypto-linked websites, FIA Director-General Sanaullah...
Binance has agreed to set up a cryptocurrency exchange with Thailand's Gulf Energy Development.Gulf Energy Development, a publicly traded holding firm, informed the Thai Stock Exchange Monday that its subsidiary Gulf Innova is to study developing a digital asset exchange with Binance.Gulf Energy Development says it foresees "rapid...