In the digital age, secure authentication is crucial for keeping the online world safe. Traditional methods like passwords and two-factor authentication often fall short in protecting users from cyber-attacks and identity theft. This has led to the exploration of new approaches, including Proof of Personhood (PoP). What is Proof of Personhood? As AI continues to […]
The Ethereum Dencun upgrade, a blend of the Deneb and Cancun upgrades, represents Ethereum’s initiative to strengthen its framework and resolve issues following the Shanghai upgrade. The Dencun upgrade went live on March 13, 2024, pushing the price of Ethereum (ETH) up to $4000. This latest enhancement stands out as it’s designed to directly elevate […]
Account Abstraction, popularized by the ERC-4337 token standard, introduces the innovative idea of utilizing a dedicated smart contract as a standalone wallet managed by an ordinary address. Initially, Ethereum Account Abstraction (or AA) was designed to facilitate transactions without the end user paying gas fees directly, utilizing entities called paymasters to cover these costs. However, […]
While many Web3 projects can operate and provide their services without native tokens, several opt to issue them. The reasons vary, from rewarding community members to offering extra services or discounts, and financing third-party development. Creating and issuing tokens is straightforward for any project, but ensuring a fair distribution among users poses a challenge. Various […]
The concept of restaking is pretty straightforward: you get the opportunity to stake the same assets in several different projects simultaneously, effectively doubling your potential earnings. It isn’t exactly a groundbreaking idea — restaking made its debut alongside the expansion of decentralized exchanges (DEXes) back in 2018. In this article, we’re set to unpack the […]
Automated software has made things easier and more profitable across many areas, and crypto trading is one of them. The crypto market is now worth around $1.94T, and it doesn’t look like it’s going to become less popular anytime soon. The need for automated help in crypto trading and managing cryptocurrencies is only going to get […]
Ethereum, the second most popular blockchain network trailing behind Bitcoin, faces similar scalability challenges, managing a maximum of 40 transactions per second (TPS) compared to the over 60,000 TPS capacity of payment giants like VISA and Mastercard. To address this bottleneck and reduce transaction fees, Vitalik Buterin and the Ethereum Foundation are exploring ways to […]
On January 11th, the United States Securities and Exchange Commission (SEC) greenlit the listing and trading of spot Bitcoin ETFs on major securities exchanges. This news is a big deal for the entire blockchain ecosystem, including investors, developers, and users. Let’s break down what you need to know about Bitcoin spot ETFs: their potential market […]
As we track major hacks like those at Poloniex, Huobi (HTX), and KyberSwap, where millions of dollars were stolen, it’s important to note that smaller hacks occur daily, adding up to thousands each month. You can read about them on Twitter, in Discord, and in Telegram chats. These incidents often share a common thread — […]
Financial institutions are keen on new technologies, as saving even a cent on routine transactions can add up to millions of dollars in savings due to their large operating volumes. Blockchain technology, also known as Distributed Ledger Technology, is among the latest advancements, alongside AI language models. And financial institutions are not just researching them […]
At the beginning of November, Binance announced the launch of its Web3 wallet, claiming it would attract an additional billion users to Web3 products. In contrast, MetaMask, the world’s most popular crypto wallet, boasts only 21 million active users, according to Bloomberg. So why would Binance expect 1 billion? The reasons behind such a loud statement are […]
In 2008, Satoshi Nakamoto published the Bitcoin White Paper, describing Bitcoin as a peer-to-peer electronic cash system. Although Bitcoin emerged as the best investment of the last decade, its volatility and low throughput have limited its use as a means of payment. Furthermore, only El Salvador and the Central African Republic have recognized Bitcoin as […]