Blockchain CouncilGlobal Technology Council

Avinandan Banerjee

268 articles published

Square Enix plans to include blockchain, NFTs, and Metaverse news emailer
News

Square Enix plans to include blockchain, NFTs, and Metaverse

Hailing as one of the world’s top-tier gaming firms, Square Enix is all set to explore the potential of new-age technologies to further its growth plans. In a New Year’s message, Square Enix’s CEO, Yosuke Matsuda reflected the firm’s keen interest in venturing into blockchain technology, Metaverse,…

Samsung utilizes blockchain to deal with climate change
News

Samsung utilizes blockchain to deal with climate change

Working as a global icon in the field of electronic products, Samsung has entered into a strategic partnership with blockchain firm veritree to support ecological initiatives. In its latest announcement, Samsung Electronics America revealed that the company will plant 2 million mangrove trees in…

Yield Farming
Cryptocurrency

Everything You Need to Know about Yield Farming

“The amount lent out is paid back with interest when typical loans are sanctioned through banks. The same concept goes with yield farming: lending of bitcoin that would normally be sitting ideally in an account to produce returns,” according to the CFP, AIF, and owner of Hill Wealth…

Shanghai leans towards metaverse in its progression plan
News

Shanghai leans towards metaverse in its progression plan

The Metaverse cluster witnessed explosive growth in 2020 with top-tier firms either entering the field with potential projects or showing keen interest to join the industry. The latest addition to the Metaverse fan list is China’s global financial hub, Shanghai. The city authorities are planning to…

Valereum acquires Juno Group to strengthen the crypto-fiat bridge
News

Valereum acquires Juno Group to strengthen the crypto-fiat bridge

Hailing from Gibraltar as a top-tier blockchain technology platform, Valereum Blockchain is gearing up to acquire Juno Group to facilitate swift integration of fiat and crypto spaces. Coming from Gibraltar, the Juno Group is known for helping in the creation and administration of trusts, money…

Know Everything about Crypto Liquidity Pools
Defi

Know Everything about Crypto Liquidity Pools

Crypto Liquidity Pools are an essential part of the DeFi ecosystem. These pools are a collection of tokens or digital assets stored in a smart contract. These pools, among other things, help to facilitate decentralized trading and reduce the danger of washout.   The core technology behind the…

Binance is on the verge of finalizing Swipe acquisition
News

Binance is on the verge of finalizing Swipe acquisition

Taking pride in being one of the world’s largest cryptocurrency exchanges, Binance is all set to acquire the last patch of outstanding shares of Swipe to finalize the acquisition procedure. Swipe works as a renowned crypto Visa card providing firm that sold a majority of its shares on July 6, 2020…

OpenSea has frozen $2.2M worth robbed Bored Apes
News

OpenSea has frozen $2.2M worth robbed Bored Apes

Leading marketplace for Non-Fungible Token fans, OpenSea has frozen 16 Bored Ape and Mutant Ape NFTs right after they were stolen from the hot wallet of a New York art gallery operator, Todd Kramer. The digital collectibles were stolen from the account named ‘toddkramer.eth’ that is linked to the…

Polygon upgrade addresses flaw that left $24B MATIC in peril
News

Polygon Resolves Bug That Risked $24B of MATIC Tokens

Working as a powerful decentralized layer two scaling channel running on Ethereum, Polygon recently saved a whopping $24B worth of MATIC tokens from a malicious bug hack. The glitch occurred at the time of the upgrade posing a serious risk for the network as well as the network users.…

Coinone will cease withdrawals to unverified external wallets news
News

Coinone will cease withdrawals to unverified external wallets

Leading cryptocurrency exchange hailing from South Korea Coinone has announced that the platform will not support withdrawals of crypto tokens to unverified external wallets from January 2022. In this regard, the Coinone team has opened a window starting from December 30 and stretching through…

Thailand’s cryptocurrency mining is reportedly on the rise news emailer
News

Thailand’s cryptocurrency mining is reportedly on the rise

When it comes to crypto, a lost opportunity for one can turn out to be a golden opportunity for another all of a sudden. A similar thing has happened in Thailand where retail crypto mining has surged exponentially post the unforeseen crypto crackdown in China. The regulatory authorities in China…