The global blockchain industry keeps growing. Blockchain-related services are expected to exceed $4.7 billion in 2023, regardless of the oscillation of the price of Bitcoin and other cryptocurrencies.
What is NFT farming? Let’s break this down like we’re dropping a hot new beat: NFTs (Non-Fungible Tokens) are like digital collectibles. They’re one-of-a-kind pieces of digital art or media that have been verified on a blockchain, making them unique and impossible to replicate. In recent years, particularly in 2021, NFTs have seen an incredible...
Ethereum established itself as the most widely used blockchain network and surpassed Bitcoin in terms of transfer of value back in 2021. However, The platform's failure to address high transaction fees and lengthy processing times frustrated its growing investor base. Let's look at the expected changes in 2023 to understand better Ethereum's gas system and how they will impact our activities in the crypto world.
On Wednesday, the New York State Department of Financial Services released new guidelines regarding licensed cryptocurrency firms that issue stablecoins. These rules call for monthly independent audits and reserve requirements. The regulations arrive in the wake of Terra Luna's massive price plunge.
Changpeng Zhao has said that Binance, the company of which he is CEO, will comply with regulations targeting various Russian businessmen. Zhao, however, says that the company will not extend restrictions to all Russian users. Zhao claims that it would be something “unethical for us to do.” The CEO of the crypto exchange says that...