Following the political unrest in the country that saw the sitting cabinet resigning, the Kazakhstan government has now shut down the nation’s internet with immediate effect. And while there is no timeframe for how long the shutdown will last for, the Wednesday action has dealt a major blow to Bitcoin mining activities within the country. […]

The term decentralized finance, or DeFi for brief, describes a financial device that operates without the need for traditional, centralized intermediaries.  We’re used to the whole lot going through a bank and different economic institutions like a worldwide alternative, however, DeFi creates a system that can function on its own. Since cryptocurrencies like Bitcoin square […]

As part of its collaboration with crypto-investment firm Galaxy Digital, TIME Magazine is set to feature Ethereum (ETH) on its balance sheet. This collaboration will allow the popular media publication to educate its readers about the metaverse through a newsletter dubbed “Into the Metaverse.” TIME Magazine Becomes First Media Organization To Add ETH To Balance […]

The Bitcoin network has finally come with its new and highly anticipated protocol, Taproot. Going live on Sunday, this is Bitcoin’s first major upgrade since SegWit back in 2017. Taproot Comes With Great New Features According to reports, the Taproot upgrade has been a long time coming — about seven years precisely but was kick-started again […]

There is absolutely no doubts about the growing popularity of Axie Infinity especially with regards to its play-to-earn feature. Also, it’s no news that other video-game streaming platforms like Twitch, have made earning money possible for players, simply by virtue of broadcasting their gaming experience to an audience filled with gaming enthusiasts. So, as at […]

As confirmed by the vice president for Global Affairs and Communications at Meta Platforms Nick Clegg, has hinted at the major plans of the company with regards to the metaverse. He shared this in his speech at Lisbon’s Web Summit 2021. Meta Vice President Shares The Company’s Plans During his interview with Financial Times’ Matthew […]

As confirmed by the vice president for Global Affairs and Communications at Meta Platforms Nick Clegg, has hinted at the major plans of the company with regards to the metaverse. He shared this in his speech at Lisbon’s Web Summit 2021. Meta Vice President Shares The Company’s Plans During his interview with Financial Times’ Matthew […]

According to recent Google Trends data, people from the Asia-Pacific APAC region of the world were the most interested in the word “NFT”, over the past year. Possibly as a result of the ongoing nonfungible token (NFT) boom, people from China, Hong Kong, and Singapore had the highest number of Google searches for the keyword […]

As part of its efforts to accelerate the emergence of the Metaverse, Sfermion has now raised $100 million venture funds to that effect. The firm which originally aims to gain exposure to NFT assets, is now bent on expanding its portfolio to the metaverse space since re-emerging into the public discourse. Sfermion Announces $100 Million […]

Earlier on Monday, big league cryptocurrency exchange Binance announced that it was suspending all transaction withdrawals on its platform due to a “large backlog” of data. But, CEO Changpeng Zhao was quick to calm the nerves of users as he assured them that their funds were safe. Binance Explained the Reason For Suspending Transactions Using […]