here’s no doubt that Google and Facebook are two of the biggest tech giants in the world. But recent revelations about their use of deceptive design patterns, or dark patterns, have put them in hot water with regulators and consumers alike.
Since its launch last year, Bored Ape Yacht Club (BAYC) has risen in popularity in the crypto space. The funky-looking monkeys in the form of non-fungible tokens (NFTs) were sold for millions of dollars. Its success might lead you to believe that everything associated with it will be profitable; well, that depends.
Mergers and acquisitions (M&A) are common activities in the business world. Mergers happen when two companies join together to become one. This is done to increase market share, gain entry into new markets, lower operational expenses, enhance revenues and improve profit margins. Acquisitions happen when one company buys another company.
In the world of cryptocurrency and blockchain technology, speed is everything. Naturally, the faster a transaction can be completed, the more efficient the blockchain is. While transactions per second (TPS) has been the go-to parameter for many to determine speed, it is not the most reliable.
The pandemic has shined a light on the importance of leading a healthy lifestyle. Lockdowns and gym closures have made it impossible for many to head out and continue their everyday workout routines. For some, that meant resorting to equipment-free home workouts; for others, it meant giving up exercising altogether.
Companies and developers have consistently been working towards creating AI that can make our lives easier. From writing blog posts, creating art, coding and even building machines, AI is capable of performing basically every task you can think of today.
Over the years, decentralized applications, or dApps, have seen a meteoric rise in popularity. Known for their security, transparency and efficiency, dApps are quickly becoming the go-to choice for many crypto enthusiasts. In this article, we take a look at some of the most popular dApps in use today.
Imagine if you could grow your money without putting in too much work. That’s the allure of yield farming, a coveted source of passive income among cryptocurrency enthusiasts. As Daniel R. Hill, President of Hill Wealth Strategies, sums it up, “Cryptocurrency that would normally just be sitting in an account is instead lent out in order to generate returns.
After years of research, artificial intelligence (AI) has become a part of our society. From automated customer service representatives to cars that can drive themselves on the road. And now, the technology is being used to address one of the world’s most pressing concerns: mental health.
Two internet buzzwords that have recently fueled the internet world are “Web 3.0” and “metaverse”. Seeing the potential these new platforms offer, many companies are exploring the possibility that Web 3.0 and metaverse technologies have to offer. While both technology trends are describing our digital reality and the future of the web, they are different in what they do and how they go about it.
So you want to get in on the crypto craze. Well, who wouldn’t? After all, it’s a market worth over US$3 trillion! But before you get started, you need to acquaint yourself with token economics. In crypto, tokens represent assets or utilities that your company offers investors in return for their investment. They differ from coins in the sense that tokens are built on an existing blockchain, like Tether on Ethereum, whereas coins are the native tokens of a blockchain, such as Bitcoin.
The Russian invasion of Ukraine threw the stock market into a frenzy. Oil prices shot up, with one barrel costing over US$100 for the first time since 2014. The cost of food grains, including wheat and soybean, rose, as did the fear among investors. While gold prices surged, many others fell sharply, thus resulting in investors losing huge sums of money. Where many saw—and experienced—losses, some saw opportunity. They decided to buy the dip.
Even the best companies are not devoid of software glitches. In fact, recently, Elon Musk’s electric vehicle company Tesla had to recall nearly 12,000 cars due to a software glitch. While building a company without any technical glitch seems utopian, open source companies get close because they involve the efforts of not just their employees but also their user communities.
Imagine signing in to your class, but instead of joining a Zoom meeting, you enter a virtual world where you can choose your avatar, play games with your peers and earn points for assignments done well. Sounds fun, doesn’t it? Well, that’s the concept behind gamified education technology (EdTech).
The fashion industry is always on top of the game, quickly adapting to any innovative technologies that might come its way. From using virtual influencers to promoting their products to creating their own metaverses, fashion retailers have been actively expanding their horizons. On February 14 this year, we saw the launch of the metaverse fashion week in the Second Life metaverse.
Recently, financial services startup BlockFi came under fire for failing to properly register its services—more specifically, the BlockFi Interest Accounts—as securities. The company had to pay US$100 million as a settlement with the U.S. Securities and Exchange Commission (SEC). Launched in 2017, this U.S.-based company gained popularity for providing high-interest loans to its users.
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