Core State Holdings Enters Into Crypto Partnership With GEMXX Corporation (OTC: GEMZ)

On September 18, 2021, Core State Holdings, Corp., entered into a definitive White Label License Agreement with GEMXX Corporation (OTC: GEMZ) to develop the world’s first Ammolite-backed cryptocurrency and a PTP crypto-based Wallet. GEMXX Corporation (OTC: GEMZ) is a public traded, mine-to-market gemstone and jewelry producer with a global reach that owns mining, production, and […]

Meet Web 3.0: The Revolution of the Internet

The internet has come a long way from its primary intentions of open space to centralized internet and now, a concept of a decentralized version of the internet. However, traditional tech gatekeepers still have a grip on the digital economy.  It is up to those creating the decentralized internet to loosen that grip, especially with […]

Crypto Adoption: Turning Stablecoin Issuers to Futuristic Banks

The year 2021 has enabled the crypto industry to flex market muscles and create new trends while there is an ongoing global adoption. Amidst all these, the market hit a recent capitalization of three trillion dollars. Although this happened over a short while as the crypto market is relatively known not to have stability because […]

Cardano and Solana Creating Innovative Paths for NFT “Explosive” Growth

The association of “digital ownership” to virtually anything is experiencing a hike in adoption as the exploding tokenization of securities and valuables happens each day. Although the concept and existence of non-fungible tokens (NFTs) have been in place, they didn’t gain popularity until last year. The Q3 of 2021 came with more than $10,000,000,000 NFT […]

The Merge: Ethereum Deflationary Mode Intensifies as the Launch Draws Nearer

Over the years, the Ethereum community has been working around the clock to successfully incorporate the proof-of-stake (PoS) mechanism on the mainnet. This is an effort to replace the proof-of-work (PoW) algorithm, which has been the foundation of this blockchain network since its inception. This realization of the incorporation is drawing nearer, and it will […]

India’s new crypto regulation bill moves to ban private digital assets

India is back at it with crypto after its government said it would introduce a new bill to regulate digital currencies in the Winter session of Parliament. A report unveiled this news on November 24, noting that this bill will effectively call for the banning of most private cryptocurrencies. However, the bill will exempt specific […]

What are KYC and AML? Why are they Relevant for Digital Assets?

Banks and other financial services providers use KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to combat fraud, money laundering, and terrorist financing. These concepts have been around for a while and initially supported banks and financial institutions.  However, with the emergence of digital assets like Bitcoin, these rules are also being applied to […]

Is Solana Outgrowing Ethereum with Gas Fees and Transaction Speed?

Due to the recent industry maturity in the crypto space, the market capitalization for top cryptocurrencies keeps changing. An instance is the case of Solana (SOL), which has recorded more than 2,500 transactions every second. As a result of this, its value is making a moon ride. In over a year, Solana’s price had grown […]

Shiba Inu’s team warns the community to beware of scammers

The team behind Shiba Inu (SHIB), a meme token that seeks to kill Dogecoin (DOGE), has warned investors to beware of an ongoing SHIB-related scam. The scam alert came in the form of a tweet on November 21, noting that malicious actors have been propagating the scam on multiple social media platforms. Specifically, the fraudsters […]

Fidelity becomes Canada’s first institutional Bitcoin (BTC) custodian

Fidelity Investments, a renowned financial services company, has unlocked another milestone. The company’s subsidiary, Fidelity Clearing Canada, has won the regulatory approval of the Investment Industry Regulatory Organization of Canada (IIROC) to launch the first institutional BTC custodial service in Canada.  According to the report, Fidelity Clearing Canada will enable Canadian pension funds, mutual funds, […]

Crypto.com and AEG ink a $700M deal to rename Staples Center

Hong Kong-based Crypto.com has signed a deal with Anschutz Entertainment Group (AEG), the owner of the Staples Center, to rename the 20,000-seat stadium Crypto.com Arena. A report unveiled this news earlier today, noting that the crypto platform parted with $700.00 million to secure naming rights to the arena. Reportedly, this is the largest naming right […]

What is the Problem with Facebook’s Metaverse Evolution?

The pandemic has seen massive adoption in the metaverse concept. For some people, virtual and augmented reality is something they have lived on Zoom. Community-built and operated worlds like The Sandbox, CryptoKitties, and Decentraland use the gaming market, where people can buy or rent digital real estate, crypto-collectibles, and host online events. Virtual Reality platforms […]

SEC stops American CryptoFed from registering its two tokens

The US Securities Exchange Commission (SEC) has blocked the registration of two digital tokens by Wyoming-based American CryptoFed. A report disclosed this news on November 10, noting the regulator claims the company published insufficient and misleading information on their registration form.  According to the report, the SEC’s response comes after the company submitted the registration […]

Gaming Industry: Blockchain Technology Reformation and Revitalization

When you look into the gaming industry, you will accept that in-game purchases of items, tools, or weapons are a popular concept, and players have accepted them totally as a norm. This concept is known as microtransactions, and they have become a part of free-to-play games. With this, players buy virtual items to unlock new […]

Is Crypto a ‘common good’ for the next generation?

Blockchain networks are supportive of principles that allow permissionless usage and open access. The technology has worked to shy away from political influence and regulation that may undermine the idea of independence and democracy. However, the governance and accountability of decentralized finance networks have always been questioned. In addition, the answer has always been that […]

SHIB Turned $3,400 Investor to a Crypto Billionaire Over a Year

One of the big news hitting the mainstream from the crypto space is how Shiba Inu (SHIB) turned a SHIB holder into an overnight crypto billionaire. You may not call it an “overnight” phenomenon because this is a 12-month outturn for the SHIB investor. Around August last year, the unknown SHIB holder purchased Shiba Inu […]

THORSwap Regained Crypto Influence with Aligned Incentives

THORChain has had it tough in recent years after experiencing three exploits in the space of four weeks. This was a summer hit for the protocol. The native token (RUNE) had a hit and dropped to $3.50 in July from an all-time high price above $20.00 in May. Due to the exploits happening on the […]

Bitcoin Season: Is It Real or an Excessive View?

This year, the crypto market has experienced strange happenings around Bitcoin and alternative coins (altcoins). We saw the possibility of a coin being an outlier despite the surge in Bitcoin’s price. Likewise, DeFi and NFTs are massively adopted across the space. Amidst all of these, there is a hot argument about the existence of “Bitcoin […]

Regulatory Framework Impacts on DeFi Adoption

Decentralized finance (DeFi) is scaling up to become one of the most relevant sectors in the blockchain industry. This explosive growth makes DeFi witness a five-time increase in the total asset value locked in different DeFi platforms. It increased from $21,000,000,000 to $100,000,000,000 in a space of two years. Despite financial opportunities—such as DeFi’s lending […]

Robinhood’s stock tanks following a drop in crypto trading

HOOD, the stock of American financial services firm Robinhood, plunged by approximately 8% in after-hours trading on Tuesday after the trading platform’s revenue tanked due to light crypto trading. A report unveiled this news earlier today, citing the firm’s earnings call, which disclosed that its crypto trading revenue fell to $51 million in Q3 2021, […]