Tech News

The Open Network (TON) has partnered with Telegram verified payment Bot, Donate to accept the blockchain protocol’s native token, Toncoin as a means for users to make donations and pay for their subscriptions in Toncoin. The announcement was shared on TON’s community Telegram channel, a development that has been acknowledged by Telegram founder, Pavel Durov. […]

Historically, content producers have battled to get compensated for their services and to receive the accolades for which they have worked so hard. While the advent of NFTs has greatly aided in this regard, many artists and other types of content producers continue to struggle with this issue. As a result, these people would depend […]

Brian Brooks, the Chief Executive Officer (CEO) of Bitfury, a digital technology startup has joined Voyager Digital Ltd, a major player looking to integrate key aspects of the growing crypto and DeFi world, as a non-executive director. The company made this announcement on Monday, noting that Brooks’ appointment is effective immediately. Brian Brooks will bring […]

Blockchain indexing startup, The Graph Foundation has awarded a $48 million grant to GraphQL core developer, The Guild who will help in developing SubGraphs for the broader The Graph ecosystem.  The Graph is a blockchain systems indexing protocol that is essential in pulling web3.0 blockchain data, making them securely accessible to developers and users via […]

The past decade has been huge for the finance sector, with blockchain emerging as a revolutionary technology. Blockchain’s most popular concept cryptocurrency has led to faster, cheaper and efficient payment methods. Blockchain has also shown itself to be beyond cryptocurrencies and finance with applications in different sectors like supply management, art and health. An emerging […]

Ava Labs, the tech startup in charge of the Avalanche blockchain protocol has reportedly joined the Start Path Crypto program launched by financial payments giant, Mastercard. The blockchain startup will join other previously onboarded tech innovators in the program to advance the development of enterprise blockchain applications. Judging by the technological superiority of Avalanche in […]

Eric Schmidt, a business and tech veteran known to serve as the Chief Executive Officer of Google has joined Chainlink Labs as a strategic advisor. According to a press release shared by Chainlink, Eric’s role will be centered on helping the oracle startup to reach a more global and mainstream audience through the futuristic solution […]

After completing a successful seed round, Gaia Everworld has announced an NFT sale in partnership with the Binance NFT marketplace. Recall that we recently reported that virtual land purchase accounts for the largest percentage of last week’s $300 million NFT sales. The project also hopes to sell land in its gaming universe as NFT assets. […]

CR2 has recently released a report on the ongoing fintech financial revolution in Africa, and according to the report, the traditional financial institutions can still be a part of the revolution by leveraging their most significant assets, which is client trust. Traditional Banks Must Enter Into Partnerships For The Fintech Financial Revolution The report highlighted […]

Instagram may be offering a very huge amount of money for creators to post videos on its TikTok competitor Reels, per news reports from the Business Insider and TechCrunch. Meanwhile, Instagram already made the announcement of its bonus program for Reels through Meta CEO Mark Zuckerberg since July. But the information as of that time […]

Nigeria’s CBDC project (e-Naira) might be largely unsuccessful as a result of the existent mistrust between the Nigerian government and its people, says experts. Mistrust, A Major Threat To The Success of Nigeria’s CBDC According to an analyst Ronak Gadhia of EFG Hermes, the general belief that the government will have access to all e-naira […]

Twitter, one of the biggest social media platforms, is not done with cryptocurrencies but is just beginning. After introducing Bitcoin payments on the Twitter platform, the firm has appointed a team to research and learn more about decentralized applications, digital currencies, and blockchain-based technologies.  Blockchain is a relatively new technology that is still being exploited […]

Nike, a huge name in the designing and footwear industry, has set it eyes straight on newer goals and plans to enter the metaverse. Following the footsteps of Facebook and Microsoft, Nike has also taken its baby steps, aiming to establish dominance in the blockchain industry. According to the report by CNBC, the apparel Nike […]

CBDC network can potentially save multinational corporations about $100 billion yearly in transaction costs. A report titled ‘Unlocking $120 Billion Value in Cross-Border Payments’ by Oliver Wyman and JP Morgan revealed this. The Problem According to the report, multinationals move over $23 trillion annually. This figure amounts to around 25% of the world’s GDP. Unfortunately, […]

Microsoft may have just revealed its laser-focus plans for gaming on the metaverse. The company who recently announced that its Microsoft Teams would be on metaverse has also said it is planning for gaming and entertainment in the virtual world. Microsoft To Focus on Gaming For Metaverse While speaking to Bloomberg TV, the CEO of […]

The IT service management unit of the world’s biggest online retailer Amazon hints that it considers a digital asset adoption drive among its customers all around the world. As per the job posting published by the Amazon Web Service (AWS) this Saturday from the New York office, it seeks a Financial Services Specialist who has experience in […]

Being one of the world’s largest video gaming companies, Ubisoft has fascinated gamers with popular games like Far Cry, For Honor, and Assassin’s Creed, just to name a few, and now, the gaming company is keen on blockchain investment. Blockchain is being used in multiple industries, and given its rising prominence, it is no surprise […]

Alexandria Ocasio-Cortez, also known by her initials AOC has called Facebook a “cancer to democracy” in one of her recent twitter posts following the announcement made by the company that it was changing its brand name to Meta to better reflect its much bigger ambitions of building the metaverse. AOC speaks on Facebook rebranding The […]