Downsides of Proof-of-Work and Proof-of-Stake, explained
Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds.
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US Investment Giant KKR Tokenizes Private Equity Fund on Avalanche Blockchain
Global investment giant KKR & Co has partnered with digital asset management firm Securitize to tokenize its private equity fund on a public blockchain network. According to an official press…
Singapore Tops List of 8 Countries ‘Most Interested in the Ethereum Merge’
With a total search score of 377, Singapore is the top-ranked nation among countries most interested in the Ethereum blockchain’s upcoming The Merge, a new Coingecko study has found. The…
Starbucks Leverages Polygon for Web3 Push, Coffeehouse Chain to Issue NFT Stamps
On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3…
Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to…
Web3 Games and Metaverse Projects Raised $748 Million in August (Report)
According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily…
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking…
Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round
After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding…
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by…
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes…
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