Dive into the tech & future
The Cardano blockchain has marked the completion of its latest Valentine upgrade, that brings a bunch of network improvements. The eco-friendly proof-of-stake (PoS) blockchain announced the development on February 14, Valentine’s Day. The upgrade is now live on the Cardano mainnet and will expand the cross-chain interoperability for developers as well as for the holders … Read more
India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India and Indus Law said the … Read more
Ethereum blockchain is set to get the functionality of letting stakers withdraw their tokens with its upcoming Shanghai update. The shadow mainnet for this upgrade has been successfully deployed, developers working on it confirmed on January 23. This shadow fork will be used to test if the upgraded blockchain is capable of allowing the withdrawal … Read more
The Ethereum blockchain, which is touted as the most commercialised distributed ledger network in the world, is up for more updates that will calibrate it for better uses in the future. Vitalik Buterin, the co-founder of Ethereum, has stated that ‘privacy’ is the ‘last remaining challenge’ for the blockchain, which will be finetuned in the … Read more
The team behind the Shiba Inu memecoin has decided to expand the availability of its underlying technology to get more Web3 projects to take its support and get more of its tokens into circulations. In the coming days, the developers of the SHIB coin will release a Layer-2 Shibarium network on the Ethereum mainnet that … Read more
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
The crypto market, that is already volatile enough for investors to experiment in, is also plagued by scammers who are always on the lookout for unsuspecting victims. This year, over 117,620 scam tokens were launched into the global crypto market that managed to dupe several people off their hard-earned funds, Solidus Labs, a crypto trade … Read more
Justin Bieber, Madonna, Kevin Hart, and Jimmy Fallon are among various celebrities that are now facing a class action lawsuit for promoting Yuga Labs Inc., commonly known for its Bored Ape Yacht Club (BAYC) NFT collection. The celebrities have been accused of unrealistically hyping up the value of the NFTs. As per a report by … Read more