Friday, December 9

Tag: Blockchain

How Is NFT Different From Cryptocurrency
Crypto Guides

How Is NFT Different From Cryptocurrency

NFT is not a crypto coin, it is also a digital asset, but it is different from a cryptocurrency.  There is always confusion among crypto individual newbies on what NFT is, some of the newbies believed that it (NFT) is a cryptocurrency, this article is to help you to know what the two concepts are and their use in the crypto world. What is an NFT? A Cryptocurrency Or Not NFT is an abbreviation for non-fungible tokens, it is used in the crypto community to represent real-world assets like pictures, videos real states, etc. NFT is a digital asset just like they are other digital assets in the world of Blockchain technology that people invest in, the reason it is called a non-fungible token is that it can not be substituted with the real-world asset. What this means is that a...
New Partnership Is Announced Between IOG And NMKR To Create Easy Path For Everyone To Mint And Engage With NFTs
Blockchain

New Partnership Is Announced Between IOG And NMKR To Create Easy Path For Everyone To Mint And Engage With NFTs

Another partnership between the IOG, the company behind the Cardano blockchain, and the NMKR, the best NFT minting and payment infrastructure on Cardano was announced to increase the awareness and the adoption of NFTs. The update was revealed via the official Twitter handle of the parties. https://twitter.com/nmkr_io/status/1559238593884798976 https://twitter.com/IOHKMedia/status/1559238496467841024 Benefits Of The Partnership The new collaboration will create a platform for an easy path for everyone to mint and engage with NFTs. in this view, the NMKR is building the technology on the Cardano blockchain, making provision the minting services, white label NFTs and NFT-related services between Cardano and other ledger technologies. Read Also: BabyDoge's Swap Facility ...
Blockchain-based Metaverse And Web3 Platforms To Form An Open Alliance For Web3 To  Settle Interoperability Issues
Blockchain

Blockchain-based Metaverse And Web3 Platforms To Form An Open Alliance For Web3 To Settle Interoperability Issues

In an attempt to overcome the issue of interoperability in the industry, the blockchain-based metaverse and web3 platforms have come to a common point to form an Open Metaverse Alliance for Web3 (OMA3). The alliance is said to have four fundamental principles which include: TransparencyInclusivenessDecentralizationDemocratization Open Metaverse Alliance for Web3 will be founded as a DAO, Decentralized Autonomous Organization to aid a governance system that is “transparent and user-centric.” It will aim its efforts on specific metaverse-related topics, such as standards for non-fungible tokens (NFTs), protocols, transferable identity, portals between virtual worlds, mapping, and indexing. Read Also: Ripple User, Airwallex To Launch Its Online Payment App on Shopify. Read A...
Ripple User, Airwallex To Launch Its Online Payment App on Shopify.
Ripple News

Ripple User, Airwallex To Launch Its Online Payment App on Shopify.

Airwallex, a leading financial technology for modern businesses growing beyond borders announced the launch of its Airwallex Online Payment App on Shopify. The Airwallex is a Ripple user, it partnered with Ripple’s enterprise blockchain network, RippleNet, in 2017 to modernize international payments, leveraging the strength of blockchain. https://twitter.com/WKahneman/status/1549999276830273536 Facts About Airwallex The Airwallex Online Payment Apps is a payment gateway plugin that merchants can integrate into their online store to accept payments from their global customers. The new app offers through the Airwallex payment covers a wide range of payment methods such as Visa, MasterCard, and UnionPay bank cards, and 30+ other local payment methods across the Asia-Pacific and...
Ripple Hire 50 Engineers For Its Toronto crypto-based Office.
Blockchain

Ripple Hire 50 Engineers For Its Toronto crypto-based Office.

Recall the tweet shared by the Ripple CEO, Brad Garlinghouse on the decision of the blockchain to hire hundreds of roles around the globe. https://twitter.com/bgarlinghouse/status/1537256062192996353 Ripple, a blockchain provider, and cryptocurrency solutions announced on Thursday the opening of Canada’s office. Despite the ongoing massive selloff and job cuts in the cryptocurrency space, the San Fransisco-based crypto startup is still having an eye on the expansion. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week Ripple is set to fulfill its plans of hiring hundreds of blockchain developers by hiring 50 engineers for its Toronto base. This will be Ripple’s first Canadian headquarters as they continue to expand throughout...
Despite The Downsides, Vitalik, Ethereum Co-founder is optimistic About The Ethereum Blockchain.
Blockchain

Despite The Downsides, Vitalik, Ethereum Co-founder is optimistic About The Ethereum Blockchain.

Vitalik Buterin gave a word of encouragement to the Ethereum blockchain and the crypto sphere as a whole. Talking to Fortune on Wednesday, Buterin said “Crypto has had ups before, and it has had downs before, and it will have ups and downs again,” he also added that “The down periods are certainly challenging, though they are also often the periods where the most meaningful projects get nurtured and built.”  Follow Us on Twitter Drawing from the collapse of the Terra blockchain to Celsius pausing withdrawal, which indicated the rumor of bankruptcy. Not long after the aforementioned events, the Three Arrows Capital fiasco surfaced, leaving the crypto a sense of doubt about the future of the emerging firm. Read Also: Terraform Labs CEO, Do Kwon said he has “great confidence” in ...
CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage
Blockchain

CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage

The CEO of Binance, CZ, revealed the way out of the short-term suspension of the web services. The work of exchange on Binance was not affected despite the shutdown, although the Some of its services, like CoinMarketCap, of course, we're also suspended. Read Also: Rev. Dr. Doge Discloses The Acceptance Of Shiba Inu Alongside Some Few cryptos As Donations By The First Miami Presbyterian Church https://twitter.com/Cloudflare/status/1539140097374793728 Earlier today, Cloudflare was hanging up which resulted in the inability of the crypto exchanges like FTX, OKX, Bitfinex, Bitmex, and Coinbase to access sites. Platforms like Xumm Wallet and Discord also went through the trouble. CZ revealed How the Binance exchange was not affected. When the Binance CEO was asked about the br...
Ethereum Developers  Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live
Cryptocurrency

Ethereum Developers Can Now Have Technical Insight Into What to Expect In The Full Merge As Sepolia Testnet Beacon Chain Go Live

Ethereum ETHE/USD is one of the biggest blockchain networks in terms of market capitalization and utility within the circles of DeFi as well as NFTs. It has made way for a lot of use-cases because of its smart contract operability. Although its scalability has been limited by its Proof-of-Work (PoW) consensus mechanism, something the merge to Eth 2.0 aims to resolve. Read Also: Burn Rate Surged 162.98% As 216.30 Million SHIB Was Destroyed via 15 transactions In The Last 24 Hours. Ethereum developers can now have technical insight into what they should expect once the full merge comes as Sepolia testnet Beacon Chain has gone live and established the foundation for that purpose. It was announced on June 20th, 2022 in a tweet by Nethermind,  https://twitter.com/nethermin...
Solana-based DeFi lending protocol Solend has Initiated another governance vote to refute the recently-approved Proposal To Takeover Whale’s Wallets.
Blockchain

Solana-based DeFi lending protocol Solend has Initiated another governance vote to refute the recently-approved Proposal To Takeover Whale’s Wallets.

Solana-based decentralized finance lending protocol Solend has fabricated another governance vote to refute the lately-approved suggestion that allows Solend Labs  “emergency powers” to access a whale’s wallet to avoid liquidation.  Read Also: Shytoshi Kusama, SHIB's lead developer Says Revenue from outside the space "is a good idea." As Talks On The Importance Of Partnership For Shiba Inu Governance vote was created on Sunday by crypto leading platform and titled “SLND1: Mitigate Risk From Whale.” To allow; Solends to reduce the risk that the whale’s liquidation poses to the market by letting the lending the platform access the whale’s walletAnd allow the liquidations to happen over-the-counter (OTC) The reason behind this is; As stated by Solend, if the Solana d...
Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.
Cryptocurrency

Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.

The whole community of Tether is excited to introduce the USD₮ on Tezos as stated by the Chief Technology Officer at Tether blockchain, Paolo Ardoino; “We’re excited to launch USD₮ on Tezos, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space,”  Paolo also said; “Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.” Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. The Tether operation limited, Tether, a firm operating the blockchain-allowed platform tether. that control the biggest stablecoin by market capitalization has launched the Te...