Tag Archives: Industry and Adoption

The blockchain industry faces a critical challenge in the form of quantum computers’ ability to crack traditional digital signature algorithms, raising concerns about the security and integrity of digital assets on non-quantum-resistant blockchains. Quantum computers employ the principles of quantum superposition and entanglement to construct quantum bits, or qubits. In contrast to classical bits, which are strictly limited to representing either a 1 or 0 state, qubits...

The MarsDAO ecosystem is proud to announce that its native token, MDAO, has been listed on Bybit cryptocurrency exchange, following a 24-hour online voting period. With approximately 33 million votes in favor, the MDAO token emerged as the undisputed winner in the voting, setting a new record for Bybit’s crypto exchange. After winning the vote on Bybit, the MDAO token was listed on the Bitget and Gate.io cryptocurrency exchanges with a combined daily trading volume of...

In the wake of the FTX collapse, which happened because the now-defunct cryptocurrency exchange used customer money to cover its risks, cryptocurrency exchanges came up with proof-of-reserves to clarify transactions. Without clear rules, Binance CEO Changpeng Zhao recently pushed for a practice that gives exchanges a way to show users that they are more honest. A Proof of Reserves (PoR) audit verifies that a custodian has the client funds it claims to have. The auditor...

Most people like betting because they are always interested in trying their luck to win a big prize. However, as traditional betting is not transparent and over regulated, luck is not always enough. When betting, individuals can not control their funds every step of the way, and that’s why a lot of gimmicky situations appear. Also, normal betting is not anonymous and you have to give your personal info to a third party as a result. It’s good that the betting revolution...

Dexsport, a Web3 betting platform that supports cryptocurrency payment, reported a hacking incident that ended up in $400,000 in BUSD being stolen. According to the Dexsport team, on November 30, hackers exploited a vulnerability in the off-chain part related to the case-sensitive recording of unique transaction identifiers for processing deposits and improperly increased the balance of their wallets on the platform. After that they withdrew illicitly obtained coins. The...

The founder of blockchain-based social video platform Cheelee and its sister Web2 mobile app NUTSon announced the launch of a $200-million support program for affected global cryptocurrency exchanges. The investments will go through the crypto winter solidarity fund run by Roman Alekseev and his partners, as his recent Instagram post states. The goal of the initiative is to revitalize the industry and bring highly professional expertise in the field in order to restore...

Crypto assets have revolutionized multiple sectors of the financial world. From services, entertainment, real estate, and financial accessibility, the nascent asset class took the world by storm and is on track to disrupt billions of dollars in the coming decade. These assets and their underlying technology are particularly fit for its integration with online gaming and casino platforms. In the past, a gambler needed to physically go to an establishment, before they...

The web3 betting platform Dexsport completed a massive update entitled RED. Now, Dexsport users are able to buy crypto directly from their web3 wallets using banking cards. Furthermore, Dexsport went deployed on two more blockchains, OKC and Polygon, becoming a full-fledged multi-chain platform. The RED upgrade consisted of four large blocks: number of blockchains supported by the project increased to three (BNB Chain, Polygon, and OKC), integration of turbo games CrashX...

Further development of various technologies will undoubtedly make many traditional professions obsolete. New technologies dictate new forms of occupation, require new skills and open more doors for success. If stuffy offices and grumpy Mondays are not for you, the MetaFi sector is exactly at the point of making the dreams of its first citizens come true. Let’s dive deeper into such questions as how to be among the first to get a seat at the table, choose the right...

Tokenomics emerged as a popular concept in the crypto space in 2017 as a way to incentivize certain behaviors on blockchains through the use of tokens. The idea is that by aligning the economic incentives of a project with its users, you can more effectively drive adoption and usage. One area where tokenomics have been applied is in the realm of fitness and exercise. The theory goes that if you can reward people for getting in shape and staying active, you can help...