In an era where transparency and accountability are paramount for organizations, the Cardano Foundation has taken a commendable step by releasing its 2023 Financial Insights Report. As the backbone of the Cardano ecosystem, this non-profit has made significant strides in outlining how it allocated its resources throughout the year. This report marks the foundation’s inaugural
Design
In a groundbreaking announcement, Genius Group Limited has set a precedent within the corporate world by adopting a “Bitcoin-first” strategy, making Bitcoin the principal reserve in its treasury management framework. This strategic redirection not only aligns with contemporary financial innovations but also signals a shift towards more decentralized modes of operational finance in the corporate
Ethereum (ETH) has been making headlines recently, primarily due to its significant breakthrough above the $3,000 mark. This pivotal moment has ignited enthusiasm among traders and investors alike, creating a buzz that a bullish surge may be on the horizon. The relief rally following this breakthrough has been marked by a strong uptick in trading
Recent investigations by the South Korean Financial Intelligence Unit (FIU) have brought to light alarming Know-Your-Customer (KYC) violations linked to Upbit, the nation’s premier cryptocurrency exchange. On November 14, local reports emerged indicating that these infractions were discovered during a routine review of Upbit’s business license renewal. The FIU revealed the existence of between 500,000
The landscape of cryptocurrency and digital assets is rapidly evolving, leading governments around the world to reassess their regulatory frameworks. Recently, the British government has articulated its intention to regulate stablecoins and crypto staking, a critical move amidst the backdrop of a competitive global environment led by the United States. This article delves into the
Ethereum, as a prominent player in the blockchain landscape, has adopted a modular architecture since 2020, strategically outsourcing critical functions such as transaction execution and data management to layer-2 networks. This approach is designed to decentralize the ecosystem and enhance scalability but has come with its own set of challenges. According to research from Hack
Ethereum, as a prominent player in the blockchain landscape, has adopted a modular architecture since 2020, strategically outsourcing critical functions such as transaction execution and data management to layer-2 networks. This approach is designed to decentralize the ecosystem and enhance scalability but has come with its own set of challenges. According to research from Hack
The Shiba Inu ecosystem is generating significant buzz, largely due to the advancements made through its layer-2 solution, Shibarium. Launched in August 2023, Shibarium has quickly become a vital component enhancing the Shiba Inu network’s performance. Despite encountering some current market challenges, including a downward pressure on the Shiba Inu (SHIB) token, the activity on
Immutable is at the forefront of transforming the blockchain gaming landscape with its innovative feature—Pre-Approved Transactions. This initiative aims to create a seamless gaming experience that mirrors traditional gaming by eliminating the disruptive need for players to pause their gameplay to approve transactions through external wallets. The notion of interrupting gameplay for transaction approvals not
The Sui blockchain represents a significant evolution in the realm of decentralized applications (dApps), aiming to solve the well-known blockchain trilemma of scalability, security, and decentralization. This innovative protocol stands out by adopting the Move programming language—originating from the Diem project—which is tailored specifically for secure, resource-efficient applications. Utilizing a unique consensus mechanism alongside parallel