Category: Technology

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Aptos Foundation airdrops 20M tokens to its early testnet users

The company said that 20 million APT tokens were airdropped to about 110,235 eligible participants. Layer-1 blockchain company Aptos Foundation announced on Oct 18 that it had rewarded its early network participants with free APT tokens.  1/ The Aptos Foundation has provided early network participants with APT tokens. If you are eligible to claim, you will…
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NFT project Azuki launches Physical Backed Token

The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain. Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) — an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain.   Azuki…
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How decentralized exchanges have evolved and why it’s good for users

Decentralized exchanges have improved usability and user experience, becoming a good option for investors in the crypto space. Decentralized exchanges (DEXs) first appeared in the cryptocurrency industry in 2014, allowing users to trade a wide number of assets peer-to-peer. However, the first iterations of these platforms could be difficult to use. But, since their inception,…
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Blockchain gaming adoption means more options for gamers

Blockchain games are cropping up across various genres, giving games options for what they can play. Over the past couple of years, games that use blockchain technology have increased their presence in the gaming industry. While there were early examples like CryptoKitties — launched in 2017 — the trend has truly gained steam, with major…
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The Size of Bitcoin’s Distributed Ledger Nears a Half Terabyte

Well over a decade ago, on January 3, 2009, the size of the Bitcoin blockchain was 0.285 kilobytes (kB) or around 285 bytes. Today, however, the blockchain’s ledger is nearly half a terabyte, or roughly 432 gigabytes. Bitcoin’s Blockchain Nears 500 Gigabytes in Size On October 15, 2022, the Bitcoin (BTC) blockchain is getting closer…
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48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots

For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However, in recent times, Flashbots have been controversial as people believe the technology threatens Ethereum’s censorship-resistance. This is because Flashbots account for 48% of blocks that…
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Smart contract-enabled insurance holds promise, but can it be scaled?

Blockchains can help to insure the world’s uninsured, but daunting challenges remain: How does one explain crop insurance to indigent farmers? A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and…
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To HODL or have kids? The IVF Bitcoin Babies paid for with BTC profits

A Bitcoiner in London brings new meaning to the phrase “generational wealth.” Noodle sold some Bitcoin to pay for IVF treatments for two babies Hold Bitcoin till the very end or sell a little bit to start a family? For one Bitcoiner in orthwest London, it was a no-brainer. Noodle, (a nickname) a Brit who…
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Meta’s Web3 hopes face challenge of decentralization and market headwinds

Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022. Facebook went under a major brand overhaul to project its focus on the Metaverse and rebranded to Meta in late 2021. The major shift for the social…
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Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing

The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs,…
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