Blockchain: News
Blockchain is a term thrown around loosely associated with cryptocurrencies. However, as the name suggests, a blockchain is a series of blocks of data that are interlinked and irreversibly recorded across a distributed computing network that operates just like torrents. These data blocks usually contain a cryptographic hash of the previous block, a timestamp, and transaction data. Since Each block contains data about the previous one, it is harder to corrupt such that I card since changing one block would mean that every subsequent block after that would have to be changed as well. The blockchain was invented by a person or probably a group of people under the pen name Satoshi Nakamoto in 2008 to serve as a transaction ledger for the Bitcoin cryptocurrency. Interestingly, Bitcoin is the world’s first open-source, decentralized cryptocurrency. To this day, the identity of Nakamoto remains unknown. Like torrents, Blockchains usually use a peer-to-peer network so the ledger of transactions is distributed across multiple computers, thereby making it more tamper-resistant, secure, easily accessible, and transparent.
Struggling for cash, Pakistan bets big on Bitcoin and AI
Pakistan is dedicating 2,000 megawatts (MW) of electricity to facilitate Bitcoin mining and artificial intelligence (AI) data centers.
What makes cryptocurrency so volatile? 5 key factors explained
Cryptocurrency volatility is a widely covered and analyzed topic. Knowing what causes these swings can offer a lot of insights for investors and enthusiasts alike.
Debt-ridden Pakistan plans to legalize crypto to boost revenue
Pakistan is moving closer to legalizing cryptocurrency trading, newly appointed Pakistan Crypto Council CEO Bilal bin Saqib said.
DeFi v/s PPF: Which one to go for?
In the dynamic world of investment in India, conventional choices like the Public Provident Fund (PPF) are now being compared with contemporary options such as Decentralized Finance (DeFi).
Loan approval in minutes? Smart contracts make it happen
Smart contract loans are revolutionizing India's lending landscape, harnessing the power of blockchain technology to automate and secure loan agreements.
Elon Musk eyes blockchain tech for Donald Trump's DOGE initiative
Elon Musk is reportedly looking into the possibilities of using blockchain technology to modernize the federal government in the US.
Reliance Jio partners with Polygon Labs to offer Web3 services
Reliance Industries' digital arm, Jio Platforms (JPL), has signed a strategic partnership with Polygon Labs.
Meet World Liberty Financial, Donald Trump's new cryptocurrency venture
Former US President Donald Trump, along with his sons and a team of entrepreneurs, has launched a new cryptocurrency platform named World Liberty Financial.
How to get married on Blockchain?
Blockchain technology is revolutionizing the traditional wedding experience, offering a unique and secure way to commemorate these special occasions.
Sony unveils its own blockchain network 'Soneium'
Sony has announced the creation of its own blockchain network, Soneium.
Want to join Trump's Bitcoin roundtable? It'll cost you $800,000
The Bitcoin conference, known for its steep ticket prices, has commenced in Nashville, Tennessee.
Sentient Labs gets $85M boost led by Peter Thiel's fund
Dubai-based Sentient Labs, co-founded by Polygon's Sandeep Nailwal, has successfully raised $85 million in a seed funding round.
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has shed 4.15% over the last 24 hours, trading at $64,168.87. It is 3.96% higher than previous week.
Bitcoin's 'halving' update successfully implemented, miners affected
The much-anticipated "halving" update to Bitcoin's software has been successfully implemented, dealing a blow to firms profiting from ensuring smooth, secure digital currency operations.
China intensifies efforts to establish comprehensive blockchain network: Here's why
China is escalating its efforts to create a comprehensive blockchain network, despite maintaining a strict policy against cryptocurrencies.
Kickstarter's transformation: A covert $100 million investment for web3 pivot
In a surprising turn of events, crowdfunding platform Kickstarter received a $100 million investment offer in December 2021, to transition into a web3 company.
Hamas terrorist group's funding trail has Indian connection: Details here
The Delhi Police investigation into a 2019 case reportedly uncovered a surprising link between Palestinian terror group Hamas's funding and an Indian cryptocurrency heist.
JPMorgan Chase conducts its first blockchain collateral settlement for clients
JPMorgan Chase & Co, a leading global bank, has achieved a major milestone by utilizing its newly launched Tokenized Collateral Network (TCN) to successfully conduct its first commercial application.
Telegram's self-custodial crypto wallet is now available
Telegram has teamed up with the TON Foundation to introduce TON Space, a self-custodial cryptocurrency wallet for its approximately 800 million users.
What is Ethereum's 'Shanghai' upgrade and its significance
Ethereum's Shanghai upgrade is set to happen on April 12, 2023. This will be the protocol's first major upgrade since 'The Merge' in September 2022.
Samsung announces Knox Matrix, a private blockchain security system
A good home needs proper security. As the home becomes advanced, so should the security.
Adam Neumann's Flowcarbon raises $70mn through VC funding, token sales
WeWork co-founder Adam Neumann is back with a new blockchain-based carbon credit company dubbed 'Flowcarbon.' The startup has now raised $70 million in a funding round led by Andreessen Horowitz's crypto division.
Here's what the Bitcoin Taproot upgrade changes for its stakeholders
One of the world's most renowned cryptocurrencies, Bitcoin, has received its first upgrade in four years after the shareholders arrived at a consensus to proceed with it.
Disaster Girl has sold her viral meme for $500,000
Although you might not remember Zoë Roth by her name, you would have probably seen her in the legendary meme that came to be known as "Disaster Girl".
Million-dollar NFTs could disappear with time if they aren't maintained
Non-Fungible Tokens (NFTs) are all the rage these days with completely virtual entities such as Jack Dorsey's first tweet, the world's first virtual house, famous memes, and digital art being sold for millions of dollars online.
World's first digital (virtual) house has been sold for $500,000
Not long after NFT or Non-Fungible Tokens took the art world by storm with the sale of a JPG file for $69 million, now someone has sold a virtual house for half a million dollars.
#NewsBytesExplainer: How the Blockchain technology is shaping the future
The term "Blockchain" is thrown around with cryptocurrency and Bitcoin quite often. Blockchain is a type of database, which is essentially an organized collection of information that can be accessed and manipulated simultaneously by multiple users.
Twitter CEO Jack Dorsey is auctioning off the first-ever tweet
Twitter CEO Jack Dorsey has put up his first-ever tweet for sale as a non-fungible token (NFT). The tweet reads "just setting up my twttr" and was posted on March 22, 2006.
How to get massive profits with Cryptocurrencies?
InvestCryptocurrency.co offers you unique opportunities and the most reliable ways to make money with cryptocurrencies, and live the life of your dreams.
CashPay: Bringing the world of blockchain closer to the consumer
The world of online commerce is improving every single day for better customer experience and smooth transactions.
Telegram shutters its cryptocurrency project: Here's why
Telegram, one of the biggest messaging platforms in the world, has decided to shutter its blockchain and cryptocurrency project - the Telegram Open Network (TON).
Soon, HTC's blockchain phone will let you mine cryptocurrency
HTC's Exodus line of smartphones, aimed at cryptocurrency users, is set to get the ability to mine digital coins.
Supreme Court allows cryptocurrency trading, quashes RBI's ban
In a major development, the Supreme Court of India has allowed cryptocurrency trading in the country.
Two hacker groups stole $1 billion in cryptocurrency: Details here
If you think cryptocurrency hacks are not that common, think again!
Patent suggests Samsung could be working on a blockchain smartphone
Samsung, one of the world's biggest electronics company, could be working on a blockchain-based smartphone.
Japan tests its first blockchain-based voting system
We've all heard enough about the potential of blockchain technology, and now, Japan has deployed a blockchain-based voting system.
Tech Mahindra, Microsoft to use blockchain technology against spam calls
In a bid to crack down on spam marketing calls and SMSes, Tech Mahindra, on Monday, announced a partnership with Microsoft that will use blockchain technology to fight the spam call menace.
Pornhub wants to pay cryptocurrency to users for watching porn
The adult entertainment industry has long been an early technology adopter. And now, Pornhub subsidiary Tube8 is looking to reward porn-watching with cryptocurrency.
Sirin Labs' Finney: World's first blockchain smartphone launching this November
Finney, the world's first blockchain-powered smartphone, will reportedly launch in select markets in November this year.
BitTorrent is being sold for $140mn to blockchain start-up Tron
BitTorrent, one of the most recognizable brands in the world, is reportedly being bought by blockchain-based start-up Tron for a whopping $140mn, according to TechCrunch.
Sirin Labs unveils Finney, the world's first blockchain smartphone
Switzerland-based Sirin Labs has introduced the world's first blockchain smartphone.
Facebook might launch its own cryptocurrency in the future
According to reports, Facebook is contemplating creating its own cryptocurrency.
Telegram raises $1.7 billion from two pre-ICO sales
Secure messaging app Telegram has raised a total of $1.7 billion from two pre-sales prior to an Initial Coin Offering (ICO) for creating its own Blockchain platform "Telegram Open Network" (TON) and native cryptocurrency "Gram."
Bitcoin will be world's only currency in 10yrs: Twitter CEO
Twitter CEO Jack Dorsey has said in an interview that bitcoin will become the world's "single currency" within the next 10 years.
#DecodingBudget: Announcements for Digital India made by FinMin Jaitley
Finance Minister Arun Jaitley has presented the much-awaited Budget for 2018-19. While it's largely focused on agriculture, rural development, and healthcare, Jaitley also made key announcements for Digital India, giving a push to usage and development of technology.
This app lets users enter legal contracts for consensual sex
Dutch company LegalThings has created a new app called LegalFling that formulates legally binding contracts for consensual sex.
SBI to integrate "Blockchain" for Smart Contracts, KYC next month
State Bank of India has announced that it would soon start using "Blockchain Technology" for its products.
Bitcoin wallet provider Blockchain enters India via Unocoin tie-up
New York-based Bitcoin wallet provider and software developer Blockchain will now enter the Indian market via a strategic partnership with Bengaluru-based crypto-currency exchange Unocoin.
Litecoin can be your first cryptocurrency investment
While cashless transactions via mediums like Paytm and MobiKwik are quite popular now, the acceptance of digital currencies or cryptocurrencies is also on a rise; some parts of the world will now even accept them instead of cash.