Technology

Paraguay looking to embrace cryptocurrency adoption

Paraguay senate is creating a regulatory framework that will help in cryptocurrency adoption among the populace. Thursday, December 16, 2021, a bill was presented by three senators with the cryptocurrency regulatory framework. The names of these senators are Fernando Silva...

Nike enters the Metaverse with RTFKT acquisition

Nike wants a piece of the Metaverse as they acquire a non-fungible token (NFT) studio that produces virtual apparel. It’s a move that will further strengthen Nike’s stance on NFTs and the Metaverse. Nike CEO and president John Donahoe, further...

Ramp has now raised a total of $63 million to bolster its crypto payment service

Ramp a company that claims to be “the PayPal” for the crypto-verse raised $52.7 million in a Series A round led by Balderton Capital. This now pushes the overall capital raised to $63 million. The main idea behind Ramp...

Wells Fargo and HSBC will use blockchain-based platform to handle forex transactions

Banking giants Wells Fargo and The Hong Kong and Shanghai Banking Corporate Limited (HSBC) will be gearing up to use blockchain-based technologies to handle forex transactions. The technology is provided by Baton Systems which is a payments firm that...

Coinbase launches Defi yield product for non-us customers

Coinbase is continuing to innovate in the cryptocurrency space. Earlier this year they worked on launching a non-fungible token (NFT) marketplace that can allow Coinbase users to buy and trade NFTs. Now they are launching a decentralized finance (DeFi)...

Craig Wright wins court battle worth billions

Craig Wright, an Australian computer scientist who has been at the center of controversy surrounding bitcoin won his case in court on Monday. Since the early days of bitcoin, there have been controversies surrounding the founder of bitcoin. On...

Researchers made major breakthrough in enhancing artificial intelligence mathematical capabilities

Computer scientists discovered a way to make artificial intelligent mechanisms recommend complex numerical hypotheses. Researchers hailed the forward leap as a significant stage toward giving major new abilities to such frameworks. “Problems in mathematics are widely regarded as some of the...

Bitcoin plunges 20% amid concerns

Bitcoin plunges 20% on Saturday amid global concerns of instability within the financial market. Bitcoin was 12% down at 9.20 GMT at $47,495. It fell as low as $41,967.50 during the meeting, taking all-out misfortunes for the day to 22...

Adidas Inks NFT Partnership

Non-fungible tokens (NFT) had a break-out year within the crypto space. We have seen periods of crowd-driven mania and cooling of interest. Overall, the industry is steadily growing within the crypto community and gaining recognition from top brands. Thus...

Jack Dorsey leaves Twitter to chase crypto dream

On Monday, Jack Dorsey announced he would leave Twitter for the subsequent time, giving the CEO position to a 10-year veteran at the firm. Well before the unexpected news, Dorsey had laid the foundation for his next part, cultivating...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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