The past eighteen months have been hard for everyone on our planet. A global pandemic has prevented us from experiencing social contact to the fullest, creating a void waiting to be filled. As a result, some savvy cryptocurrency enthusiasts have come up with a different way of engaging with their favorite stars. The Need for…
According to data from NFT market analyst NonFungible, NFT sales have nearly tripled in value since Q3 2021, rising from a 7-day average of $16.8 million worth of sales, to just over $44.3 million. The astronomical figure follows a surge in activity in the space that saw sales peak at $176 million per day earlier…
As cryptocurrency increasingly becomes part of the public consciousness, the discourse around the environmental impact of mining has become more intense. On the one hand, the singling out of cryptocurrency by some pundits clearly comes from detractors looking for any opportunity to criticise digital currencies. However, on the other hand, there’s a belief that the…
AXIA Coin (AXC) has become a runaway success on the popular cryptocurrency exchange KuCoin after its official launch this morning. The asset-supported digital currency relies on innovative blockchain and smart contract technology standards to upend traditional financial structures, lower participant costs, and advance a more equitable and inclusionary economic model on a global scale. The…
Cryptocurrency has been a disruptive tool revolutionizing gaming, banking, gambling, and our financial systems. There has been a tremendous interest in the cryptocurrency world in the past few years. According to Statista, there are over 70 million active cryptocurrency wallets today. Some cryptocurrency users like to hold their coins in their wallets, while some will…
Launched on the mainnet last month, PARSIQ’s new lending and borrowing IQ Protocol is the first risk-free and collateral-less solution in the DeFi industry. Innovative Protocol to Make Decentralized Subscriptions A Reality The PARSIQ ecosystem has grown substantially since its inception in 2018. The blockchain monitoring and intelligence platform connect on-chain and off-chain applications in…
There are many initiatives in the blockchain industry that can complement one another rather than serve as competition. For example, the much anticipated Facebook-backed Diem blockchain is a project getting much attention. This single move could almost instantly unlock 3.1 billion users into crypto. However, this closed-loop approach makes it difficult for developers to gauge…
The European Binaryx digital assets exchange has launched a set of services aimed at businesses, allowing them to diversify their crypto assets portfolios and bypass the hurdles typically associated with purchase and sales operations, as well as direct digital asset safekeeping. The new services by Binaryx grant businesses the possibility of investing in Bitcoin and…
With more than 4.66 billion active Internet users, much of the world’s adult population is connected digitally. The Internet and social media allow brands to engage with their target audiences on a personalized and deeper level than ever before. At the same time, brands are fighting a war for consumer attention. Most of them struggle…
There is no denying the fact that mining cryptocurrencies and processing decentralized transactions demand large amounts of energy. As per the Bitcoin Energy Consumption Index, the total energy consumption of the Bitcoin network tops 131.12 TWh – that’s almost equal to the total power consumption of Argentina. Experts claim that the energy consumption and electronic…