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Blockchain News Technology News

What are decentralized social networks?

What is a social network? A social network is a platform or service that enables users to set up either fully or partially public profiles, share content and connect with other users based on common interests, life experiences, or personal connections. Since its emergence in the mid-1990s, social media has become an important and undoubtedly […]

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Technology News

What are Web3 games, and how do they work?

What are Web3 games? Web3-based gaming, also known as blockchain gaming, refers to gaming that utilizes distributed ledger technology to offer greater transparency, security, democratization and user control over in-game assets. Web3 games are based on the decentralized, peer-to-peer architecture of blockchains, and include cryptocurrencies and nonfungible tokens (NFTs). Blockchain enables players to own and […]

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Sponsored Technology News

What are gift card scams, and how to avoid them?

. What are gift card scams? Gift card scams are fraudulent activities where scammers trick people into purchasing gift cards and providing them with information such as the card’s code or PIN.  Scammers utilize a variety of strategies, including fraudulent prize offers, romance scams and technical support hoaxes, to trick victims into providing gift card […]

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Binance ecosystem Technology News

Binance suffers two-hour outage after software glitch

World’s biggest crypto exchange hit by technical issue in its trading systems Binance, the world’s largest crypto exchange, suspended trading all digital tokens for more than two hours on Friday after a software glitch hit its main systems. Shortly after the outage occurred on Friday, chief executive Changpeng Zhao said Binance had traced the issue […]

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Industry Talk Press Releases Technology News

SEC charges Tron founder Justin Sun, celebrities Lindsay Lohan, Jake Paul with crypto violations

The Securities and Exchange Commission has unveiled fraud and unregistered securities charges against crypto founder and Grenadian diplomat Justin Sun, alongside separate violations against the celebrity backers of his Tronix and BitTorrent crypto assets, which included Jake Paul, Lindsay Lohan and Soulja Boy. The SEC alleged that Sun engaged in fraud by manipulating the trading […]

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Bitcoin News Technology News

Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin

Russia-linked cryptocurrency exchange Bitzlato has partially restored access to user funds despite being officially seized by European authorities. Bitzlato has enabled its users to withdraw up to 50% of assets stuck on the platform due to enforcement from the United States and Europol, the firm announced on its Telegram channel on March 20. According to the statement, […]

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Press Releases Technology News

DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs

LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday. It comes as Luno’s parent company, crypto-focused venture capital firm Digital Currency Group, continues to reel from turmoil in the crypto market. Luno also recently laid off 35% of its global workforce. […]

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Technology News

The 10 Best AI Writers & Content Generators Compared

We selected the best content generators to compare their output on the same topic and ran a mini Turing Test. Can you tell which is the AI writer? AI Content creation tools are becoming more widely available since the development of GPT-3 (and its release through Open.ai) has made AI much more accessible. To see […]

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Technology News

How are metaverse assets taxed?

Can metaverse assets be taxed? The idea of the metaverse is not new. Early iterations have existed for many years, ranging from the introduction of digital twins and used in manufacturing to investigate real-world problems virtually to early virtual worlds like Second Life, released in 2003. However, the metaverse concept, which consists of flawlessly connected […]

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Altcoin News Technology News

The role of biometrics in the metaverse

What is the metaverse? Modern technology evolution has come a long way from using simple static websites to creating a global community through Web2 and approaching Web3 – a future decentralized version of the internet based on blockchain and cryptocurrencies. Now the metaverse — a buzzword and an influential futuristic phenomenon — is going to […]

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