Ethereum Set to Undergo Shanghai Update in March, Here’s What It Means

Ethereum, the world’s most commercialised blockchain, is set to see the completion of another historic update, called the Shanghai update. As of now, people who staked Ether tokens to validate the blockchain had no way to withdraw their tokens. It is estimated that $22.38 billion (roughly Rs. 1,82,520 crore) worth of Ether tokens are currently … Read more

BMW to Integrate Blockchain with Operations; Partners With BNB Chain, Coinweb

BMW is set to foray into the blockchain technology, aiming to make its financial infrastructure more permanent and transparent in terms of maintaining records. The German luxury car maker has partnered with Coinweb, a layer-2 cross-chain computation platform, to execute smart contracts. Binance’s BNB Chain has been handpicked by BMW to be the foundation for … Read more

China to Launch State-Backed NFT Marketplace, Here’s What it Means

China, that is rather infamous for keeping an extremely restrictive approach towards the crypto sector, is taking small steps into exploring the digital assets sector. The country is geared-up to launch an official, state-backed NFT marketplace, that would let Chinese NFT traders to dabble in the space, but under the oversight of China’s government. A … Read more