Author: CryptoHoppers
Decentralized physical infrastructure networks (DePINs) signify the application of blockchain technology and decentralized principles to physical infrastructure and systems. For instance, in the case of Swiggy, a sharing economy model is in place! All the restaurants, as contributors to their services, are centrally controlled.A central authority controls the orders/ pick-ups of all the restaurants. In the case of using DePINs, the system can be a decentralized blockchain network. Here, the reward structure becomes fairer and more inclusive! Isn’t this new perspective effective in transforming our current situation? Let us delve into the world of DePINs and understand the basics of how…
TASCHEN, the esteemed publisher revered for its high-quality art books, has ventured into the digital frontier with its latest offering, “On NFTs.” This collection not only marks TASCHEN’s foray into the realm of Non-Fungible Tokens (NFTs) but also shines a spotlight on the pioneering work of Robert Alice, a leading figure in the digital art and blockchain art movement. Unveiling the Fusion of Tradition and Innovation At the heart of this collection is the Collector’s Edition, elegantly encased in a TASCHEN slipcase and priced at $850. With a limited run of 2,500 copies, it serves as a tangible testament to…
Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is essential for validating transactions and creating new blocks without the need for a central authority. In a PoW blockchain, miners compete to solve complex mathematical puzzles. The first miner to solve the puzzle gets the opportunity to add a new block to the blockchain and is rewarded with cryptocurrency. This process not only secures the network against fraudulent transactions but also ensures its decentralization…
In a bid to combat the increasing number of cybercrimes, China’s Supreme People’s Procuratorate (SPP) has set its sights on criminals utilizing blockchain technology and metaverse projects for illicit activities. The SPP has expressed concerns about the surge in online fraud, cyber violence, and the infringement of personal information. Blockchain Technology: A Breeding Ground For Criminal Activities? The SPP has reported a significant rise in cybercrimes committed on blockchains and within the metaverse. Criminals are increasingly using cryptocurrencies for money laundering, making it difficult to trace their illicit wealth. Additionally, telecom fraud charges related to cybercrimes have risen by 64…
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency […] Source link
When delving into the realm of advanced chart patterns, two names that prominently emerge are flags and pennants. These patterns, classified as continuation patterns, hold a distinguished status as some of the most dependable indicators of ongoing trends in crypto markets. In this exploration, we will delve deeper into the fascinating world of flags and pennants, uncovering their significance and reliability as key components in crypto trading. These patterns not only provide valuable insights into market dynamics but also serve as robust tools for traders seeking to navigate and capitalise on price movements. Join us on this journey as we…
In an exciting turn of events that is set to redefine the landscape of e-commerce and digital identity, the beloved Web3 brand, Pudgy Penguins, in collaboration with Unstoppable Domains, has announced the launch of the new “.pudgy” domain. This innovative move follows Pudgy Penguins’ successful foray into the offline retail market across the United States, demonstrating their unwavering commitment to community engagement and the expansion of the Web3 ecosystem. A Bridge Between Fans and the Digital Frontier Unstoppable Domains, a leading provider of web3 domain names and digital identities, adds “.pudgy” as the 10th top-level domain (TLD) to its impressive…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Monero is up 3.46% today against the US DollarXMR/BTC increased by 2.61% todayMonero is currently trading 13.55% above our prediction on Feb 29, 2024Monero dropped -20.11% in the last month and is down -16.95% since 1 year agoMonero price$ 124.42Monero prediction $ 109.57 (-11.52%)Sentiment BearishFear & Greed index…
Crypto asset manager Grayscale has made a strategic move by transferring 3,443.1 Bitcoin, amounting to over $175 million, to an address associated with the Coinbase exchange. The latest move was executed in five separate transactions to Coinbase Prime, a platform designed to cater to the liquidity needs of institutions. According to Arkham, at 22:12 UTC+8 on February 23, Grayscale transferred 2,669.31 BTC to the address of Coinbase Prime Deposit, worth approximately US$136 million；it transferred 773.79 BTC to a new address, which is suspected to be Grayscale’s new custody address.…— Wu Blockchain (@WuBlockchain) February 24, 2024 The transfer has sparked significant…
In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of the fiat token crypto market has once again risen witnessing an increase exceeding $2.5 billion over the past ten days. Specifically, three stablecoins have driven this upswing, with the stablecoin ethena usde at the forefront […] Source link