Blockchain

TechFest IIT Bombay is Asia’s Largest technology festival where the world’s leading crypto influencers gather with key government delegates, media and other investors to assist the global blockchain and cryptocurrency communities. It is one of the most prestigious events of the global cryptocurrency and blockchain ecosystem. Furthermore, the festival combines young minds and blockchain enthusiasts in one place to provide knowledge about the industry to the community. The...

INTERNET CITY, DUBAI, Dec 22, 2022 – LBank Exchange, a global digital asset trading platform, will list DiDimCoin (DDC) on December 23, 2022. For all users of LBank Exchange, the DDC/USDT trading pair will be officially available for trading at 6:00 UTC on December 23, 2022. As a blockchain-based global social commerce platform, DiDim maximizes the true value of all users by introducing a platform that connects e-commerce, markets, exchanges, payments, and content. Its...

The cryptocurrency market is facing one of its most brutal crypto winters, marked by a sustained drop in digital asset prices and the failure of major crypto companies, as well as high-profile cases of hacks and heists. Nonetheless, a recent report from blockchain data and analytics firm DappRadar suggests that the industry may not be in such a gloomy state, as it has shown remarkable resilience and maturity amid the crypto winter. According to DappRadar’s 2022 Industry...

A recent report published by blockchain analytics firm Dune revealed that nearly 60% of non-fungible token (NFT) trading volumes this year were wash trades. Wash trading is a form of market manipulation in which a trader buys and sells a security to create the appearance of increased trading volume and activity in the market. In crypto, these activities involve buying and selling digital assets – fungible or non-fungible tokens – on trading platforms, intending to inflate...

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2022 has been an atrocious year for cryptocurrency. Many digital asset companies have been forced into dark places and filed for bankruptcy, and it looks like leading blockchain firm Block Fi might be next. Things Aren’t Looking Good for Block Fi Throughout 2022, the crypto space has been hit harder than it ever has in its short, 14-year history. Bitcoin, for example, has dropped from its all-time high of about $68,000 per unit – which it achieved in November of last...

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In the final trial between Bitcoin proponent Peter McCormack and computer scientist Craig Steven Wright (CSW), UK High Court Judge Martin Chamberlain ruled that the former should pay a fine of $1.1 million. According to the court document, McCormack failed to prove that he was telling the truth when he labeled Wright a fraud. However, Judge Chamberlain said that the legal proceedings have not established that Wright is Satoshi. The scientist then contested that McCormack...

Ethereum’s transition to Proof-of-Stake has undoubtedly been the most significant technical accomplishment in the blockchain industry in 2022 and perhaps even beyond. To facilitate the process, those who wished to secure the Beacon chain had to deposit a minimum of 32 ETH to become validators. The economic incentive to do so was (and still is) represented by the yield that users receive on the staked amount. However, there’s a catch – users are unable to withdraw their stake...