Following the resurgence of the crypto bulls, key market players have demonstrated their commitment to advancing their trading skills. In a May 7 update, the participants at  Women in Tech Global Summit 2024 (WITG) revealed plans for a significant development on its Web3 top-level domain (TLD).  The proposed development will involve the integration of Unstoppable Domain on the TLD to enable the user to access educational materials and other training resources.  Organizers for Women in Tech Global Summit Launching Blockchain Educational Program The development will leverage the p ..read more

Solana (SOL) is an innovative layer one blockchain that rivals Ethereum’s dominance in the smart contract platform sector. With its increasing popularity, SOL provides a unique opportunity for holders to earn yields through staking while contributing to the network’s security and decentralization. Key Takeaways Staking enhances the security of the PoS blockchain like Solana. As of April 2024, Solana staking yields are approximately 7% APY. Tokens not currently staked undergo a cooldown period before withdrawal is possible. Various methods for staking SOL include solo staking, delegation, and ..read more

In today’s digital age, blockchain technology has transcended its initial cryptocurrency origins, embedding itself as a revolutionary tool across various industry sectors. This technology is particularly compelling for business applications due to its ability to foster transparency, enhance security, and streamline processes. Understanding Blockchain in Business Blockchain technology offers a decentralized ledger system, which means that it can record transactions across multiple computers so that the involved record cannot be altered retroactively, without the alteration of all subsequent blo ..read more

In the world of cryptocurrencies, understanding market dynamics and jargon is crucial for both new and experienced investors. Today, we dive deep into a term that frequently surfaces in crypto discussions and has a significant impact on market behavior: FUD, which stands for Fear, Uncertainty, and Doubt. Unpacking FUD in Cryptocurrency In the cryptocurrency context, FUD is not just a buzzword but a phenomenon that can sway market sentiments, influence trading behaviors, and even impact the overall market stability. It typically refers to the spread of misinformation or the exaggeration of nega ..read more

The cryptocurrency space continues to evolve, bringing with it not only groundbreaking advancements but also significant risks. As of March 25, 2024, the digital landscape has seen an uptick in sophisticated scams aimed at duping investors out of their digital assets. Key Takeaways The allure of cryptocurrency’s lucrative potential has given rise to diverse scams, with the Ronin Network hack being one of the most notable. Common scams range from phony crypto exchanges and pump-and-dump schemes to more novel scams like fake job listings and deceptive DeFi projects. Awareness and verification o ..read more

Cryptocurrencies have introduced a novel method of earning through staking, which involves locking up digital assets to support network operations and security. However, traditional staking often renders the assets illiquid, tying them up without access for transactions or trades. Liquid staking emerges as a transformative solution, allowing cryptocurrency holders to maintain liquidity and flexibility while participating in staking activities. What is Liquid Staking? Liquid staking is an innovative approach in the blockchain ecosystem that allows stakers to contribute to network security and c ..read more

The Inter-Blockchain Communication (IBC) protocol is a pivotal technological advancement designed to enable secure and efficient data and asset exchanges between independent blockchains. Developed by the Cosmos Network in 2019, IBC facilitates interoperability—a long-sought goal within the blockchain community. This protocol is crucial for creating a scalable and accessible multi-blockchain ecosystem. Key Features of IBC Decentralization and Trustlessness IBC operates on a trustless model, meaning that the blockchains involved do not need to trust each other or the parties facilitating the com ..read more

Censorship resistance is a fundamental characteristic of blockchain technology, ensuring that data once added to the blockchain cannot be retroactively altered or censored by any single entity. This feature is particularly valuable in environments where freedom of speech is not guaranteed or where information is prone to manipulation by centralized authorities. Key Aspects of Censorship Resistance in Blockchain 1. Decentralization: Blockchain operates on a network of nodes distributed globally, meaning that no single node (or a small group of nodes) can control the entire network. This distrib ..read more

NFT lending has become a crucial aspect of the decentralized finance (DeFi) space, providing a way for NFT owners to unlock the liquidity of their digital assets without selling them. Here’s a detailed look at how NFT lending works and its implications: Definition of NFT Lending NFT lending allows owners of Non-Fungible Tokens (NFTs) to use their digital assets as collateral to secure loans. This financial arrangement is beneficial for NFT holders who need liquidity but do not wish to permanently part with their assets. How NFT Lending Works Collateralization: An NFT owner locks their asset i ..read more

The rise of crypto crime has forced law enforcers to explore ways to shield investors from exploitative activities. In a recent report, the South Korean regulators revealed plans to launch a crypto investigative unit to address the financial crimes in the region. According to the local news site Segye Ilbo, the existing crypto investigative unit will become a permanent regulatory agency. South Korea Officiate Crypto Crime Unit Before the official launching of the new law enforcement unit, the South Korean Ministry of Justice and Public Administration and the Ministry of Interior plan to discus ..read more