gDEX Metaverse’s Discovery Zone Is Space to Explore for Gamers and Guilds
The gDEX metaverse platform has more ambitious plans than just the building of a gaming interface to synthesize all protocols in the metaverse.
Cryptocurrency news
Stay up to date and explore the latest news stories about cryptocurrencies including price forecasts, expert analyses and much more we know about cryptos 
Staking Companies Figment and Chorus One Say They Would Not Support New Terra Blockchain, Allege Voting Indiscretions
By Tolu Ajiboye
The two staking companies specified that that they would not support Terra 2.0 because of the network’s voting process.
Ether and Bitcoin Contribute More than Half of $523M Liquidation in Crypto Market
By John K. Kumi
The two leading cryptos, Bitcoin and Ethereum suffered the most with $122.6 million and $234.2 million in liquidation respectively.
US Senators Introduce Draft Bill to Proscribe China Digital Yuan from American App Stores
By Tolu Ajiboye
Republican senators have highlighted a potential threat posed by the digital yuan and have proposed a bill to outlaw them from US app stores.
MetaMask Partners with Asset Reality to Help Victims Recover Stolen Digital Assets
By Tolu Ajiboye
MetaMask has tapped digital asset recovery specialist Asset Reality to assist users who lose crypto funds to cyber attacks.
Former OnlyFans Execs to Launch Influencer Card Trading Platform This Summer
Fans in the United States and Europe will be able to buy 3D NFTs of their favorite celebrities and influencers by paying in fiat. Other regions will be able to do it using stablecoins.
Tether Unveils New Stablecoin Pegged to Mexican Peso
Tether sees a big opportunity in the Mexico market and said that its Peso-backed stablecoin will facilitate faster and low-cost transfers.
ARK 21Shares Backers Re-submit Another Application for Spot Bitcoin ETF
By John K. Kumi
21Shares CEO Hany Rashwan earlier disclosed that the approval of the ARK 21Shares Bitcoin ETF would be a big win for the crypto industry.
1inch Network Partners with Travala
1inch Network has been making many moves to improve the platform’s utility. Recently, it unveiled a spot price aggregator to extract data about digital assets trading on decentralized exchanges.
US Fed Vice Chair Appears Before Legislative Financial Committee, Speaks on CBDC
By Tolu Ajiboye
The US central bank’s vice chair suggested that a CBDC is necessary for financial evolution, but might take a while to materialize.
Latest Cryptocurrency news
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
What is Blockchain?
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
How does Blockchain work?
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
What are Cryptocurrencies?
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
What does the future hold for Blockchain and Cryptocurrency?
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
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