Blockchain

Will Crypto Bounce Back in 2023

Will Crypto Bounce Back in 2023?

Alinda Gupta December 23, 2022

The state of cryptocurrency this year has been one for the comic books, where the protagonist—in the face of a crisis—says, “But it can’t get any worse than this, right?”, and it does. It just wasn’t crypto’s year. From rising interest rates to mistakes made by cryptocurrencies like Terra Luna and CEOs like Sam Bankman-Fried of the crypto exchange FTX, a host of factors stunted the digital currency’s growth. It also led to investors losing money and becoming skeptical about its future.

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5 Climate Tech Startups Tackling Climate Change

5 Climate Tech Startups Tackling Climate Change

Nidhi Singh December 15, 2022

Climate change is one of the most pressing issues of our time. From a number of heavy downpours and hotter-than-ever heatwaves to droughts, things have escalated at an unprecedented rate. Temperatures are expected to rise by more than 1.5 degrees Celsius over the next two decades, bringing forth more natural disasters and extreme weather.

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Transparency in the Post FTX World What is Proof of Reserve

Transparency in the Post FTX World: What is Proof of Reserve?

Kamya Pandey December 8, 2022

In November this year, two big league crypto businesses, FTX and BlockFi, filed for bankruptcy. FTX had a death spiral after news broke out that the Sam Bankman-Fried-owned exchange had used customer funds to make risky bets through his hedge fund Alameda Research. On the other hand, FTX was closely associated with BlockFi, with them having signed a loan agreement with each other and BlockFi holding US$355 million in digital assets on FTX.

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TOKEN2049 London Recap

TOKEN2049 London Recap

December 5, 2022

TOKEN2049 London is the second part of the greater annual TOKEN2049 event. Every year, the event is held in both Singapore and London, bringing together a wide variety of Web3 participants from developers, thought leaders, founders and investors.

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How Charming Men Get Away with Fraud

Bernie Madoff vs. FTX: How Charming Men Get Away with Fraud

Alinda Gupta December 4, 2022

The recent FTX scandal has all the trappings of a Netflix drama series where the business tycoon—once lauded for his power moves—is brought down by greed, selfishness and the judiciary system (The Wolf of Wall Street, much?). The CEO of crypto exchange FTX, Sam Bankman-Fried, has come into the spotlight for bringing about the downfall of FTX and his other company Alameda Research. In November 2022, he filed for bankruptcy for both companies after a devastating collapse in the public eye.

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What Crypto are Whales Buying and Why

What Crypto are Whales Buying and Why?

Kamya Pandey November 25, 2022

n November 11 this year, the world’s second-largest cryptocurrency exchange FTX filed for bankruptcy protection. This was a result of CEO Sam Bankman-Fried’s decision to save other crypto firms, such as Alameda Research. It led to major losses for the exchange.

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What Happened to Countries That Made Their Own Digital Currencies?

What Happened to Countries That Made Their Own Digital Currencies?

Kamya Pandey November 17, 2022

Over the past couple of years, cryptocurrencies have become a mainstay in financial discussions. As of this year, there are 15,174 businesses worldwide that accept Bitcoin as a means of payment. This rise in the popularity of crypto has encouraged governments to open up to crypto, with El Salvador declaring Bitcoin as a legal tender and Ukraine legalizing cryptocurrency in 2021.

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Top 3 Stories of Lost Bitcoin Fortunes

Top 3 Stories of Lost Bitcoin Fortunes

Kamya Pandey November 14, 2022

With a market capitalization of US$380 billion, Bitcoin has established itself as the most prominent cryptocurrency today. While Bitcoin continues to dominate the crypto market, its price crashing from an all-time high of over US$68,000 in November 2021 to US$19,775 a year later has left people pulling their hair, with some even attempting suicide.

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What Is the Purpose of the Metaverse Standards Forum

What Is the Purpose of the Metaverse Standards Forum?

Kamya Pandey October 27, 2022

On June 22, the non-profit standards organization the Khronos Group announced the formation of a collaborative body called the Metaverse Standard Forum (MSF). Many major metaverse players, like Meta, Microsoft, Epic Games, Adobe and Nvidia, have come together to join the Khronos Group as founding members of the MSF.

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A Breakdown of The US$570 Million Binance Ecosystem Hack

A Breakdown of The US$570 Million Binance Ecosystem Hack

Kamya Pandey October 20, 2022

The global cryptocurrency market has been struggling with hacks for almost its entire existence. One of the most recent attacks to have shaken up the crypto market is a hack on the Binance ecosystem. On October 7, the world’s biggest cryptocurrency exchange, Binance, reported that its blockchain (BNB Smart Chain) had been attacked.

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5 Jobs to Start a Career in Crypto and Blockchain

5 Jobs to Start a Career in Crypto and Blockchain

Kamya Pandey October 12, 2022

Despite the recent slump in the cryptocurrency market, the space is replete with job opportunities. Jobs in this sector grew by 395% in the U.S. between 2020 and 2021.Experts say that most forward-thinking tech companies have been making moves to incorporate blockchain technology into their businesses. Naturally, to do so, they must hire people who are well-versed in crypto and blockchain.

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The U.S. Military Is Rolling Out Its Own Metaverse

The U.S. Military Is Rolling Out Its Own Metaverse

Kamya Pandey October 10, 2022

Just when you thought everything under the sun had a twin in the metaverse, the U.S. military decided to make a metaverse of their own. On May 10, two fighter pilots in the U.S. used virtual reality (VR) headsets to simulate refueling an aircraft flying alongside them in the sky. Besides hanging out with friends or attending a fashion show, many are using the metaverse to simulate tasks that are too difficult, dangerous or expensive to experiment on in real life.

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7 Innovative Luxury Men’s Watches Launched in 2022

7 Innovative Luxury Watches for Men Launched in 2022

Alinda Gupta October 8, 2022

This year, watchmakers pulled out all stops to ensure that connoisseurs were impressed, as watch events, like the Geneva Watch Days and Watches & Wonders, sprung back to life. From materials like platinum ruling the roost to tourbillons and skeleton watches stealing the thunder, we round up some of the top luxury watches of 2022 so far for different kinds of wearers.

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Off-Chain vs. On-Chain Crypto Transactions: Which One Is Better?

Off-Chain vs. On-Chain Crypto Transactions: Which One Is Better?

Kamya Pandey October 5, 2022

Knowledge is power; when it comes to cryptocurrency, the more you know, the better financial decisions you will make. There is a lot to learn within the cryptocurrency space, such as how the different layers of blockchain technology work and which blockchain has the fastest transaction speed. Another important thing you need to know regarding blockchain transactions is the differences between off-chain and on-chain transactions—and which one can save you more money!

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Making the Metaverse a Force for Good with the Metaverse Charity Foundation

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

Kamya Pandey September 24, 2022

If you are a frequent reader of our website, you must have seen us mention The Sandbox, Decentraland and Axie Infinity. These are some of the most popular metaverses out there, and the one thing they all have in common is that they all have their origins in Asia. While Asia is home to all these metaverse projects, it suffers two main issues: the region has major rural-urban inequality as well as a significant wage difference between high-skilled and low-skilled occupations.

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