Published in Coinmonks·PinnedWhy Web 2.0 and Web 3.0 should be InteroperableThere has been a lot of buzz about Web 3.0 and its benefits, from privacy and data ownership to decentralization — the list is long. While the benefits of Web 3.0 are everywhere, one aspect has been neglected; the role of Web 2.0 in adopting Web 3.0. An unpopular opinion…Nft5 min readNft5 min read
PinnedA Review of Chipper Cash’s Advertisement With Burna BoyChipperCash is a cross-border peer-to-peer payment company in Africa. In 2019 it reached a valuation of over 2 billion dollars, after raising an investment round of $150 million making it sit as one of Africa’s unicorns. With this funding came the responsibility to expand its financial services into new regions…Blockchain7 min readBlockchain7 min read
15 hours agoCoinbase Advises Users To Abandon Stablecoin USDT For USDCUnited States-based cryptocurrency exchange, Coinbase tells users to switch from USDT to its own stablecoin USDC, following growing controversies. Stablecoins are cryptocurrencies whose value is tagged to another asset class, such as gold and silver, making prices stable and unaffected like other volatile crypto asset classes. Key Takeaway Coinbase advises users to…Blockchain2 min readBlockchain2 min read
2 days agoDecentralized Crypto Exchange Sushi Swap To Divert Users’ FundsDevelopers of DeFi exchange Sushi Swap propose to divert 100% of users’ funds in trading fees into its treasury. Following the proposal, Sushi’s native token, SUSHI, fell by 1.5% to $1.23. Key Takeaways Decentralized exchange Sushi developers propose to divert fees from users trading fees into its multisig wallet. The proposal seeks…Blockchain2 min readBlockchain2 min read
Nov 5Tech Giant Google Cloud To Build Blockchain Node Engine Service For Solana BlockchainIn a series of announcements today, 5th of November, 2023, Google informed the public of its partnership with Solana Labs. The newly formed alliance will see the tech giant introduce its Blockchain Node Engine (BNE) Service to the Solana blockchain. Key Takeaway Google Cloud will run a Blockchain Node Egine service for…Blockchain2 min readBlockchain2 min read
Oct 31A Decentralized Internet: All You Need To KnowSome terms used in the explanation are just for relation’s sake, and they don’t correlate with the build-up in this article. It’s to foster a better understanding of the subject. When considering a decentralized internet, there are three arms to keep in mind: storage, consensus, and computation. These three arms…Blockchain8 min readBlockchain8 min read
Oct 28Google Introduces Blockchain Node Engine Service For EthereumGoogle Cloud will host the blockchain node engine and be exclusive to Ethereum-based Web3 companies. Key Takeaway Google launched a cloud-based Blockchain Node Engine that is exclusive to Ethereum. The goal is to help Web3 companies that find it challenging to take on the duo activity of managing and deploying its nodes. …Google2 min readGoogle2 min read
Oct 26Ethereum Co-founder Gavin Wood Steps Down From CEO position At Parity TechnologiesGavin Wood will step down from the position of Chief Executive Officer at Parity Technologies, behind the Polkadot ecosystem, and helm the company’s chief architecture role. Parity’s other co-founder Björn Wagner will effectively take up the CEO position. Twenty-four hours following the announcement, $DOT, the native token of Polkadot, dropped…Blockchain2 min readBlockchain2 min read
Oct 15SEC Probes Yuga Labs, the company Behind Popular NFT Bored Ape Yacht Club (BAYC)The US Security and Exchange Commission is putting Yuga Labs behind Bored Ape Yacht Club under its purview and investigating whether the NFT acts as a security. Summary SEC investigates Yuga Labs, the creator of Bored Ape Yacht Club, over whether the non-fungible token is a security. The Investigation extends to…Cryptocurrency2 min readCryptocurrency2 min read
Oct 13Solana-Based Decentralized Finance Exchange Platform Mango Gets Exploited to the Tune Of $116 millionA Hacker, on Tuesday, 11th, 2022, drew off $116 million from DeFi exchange, Mango, after manipulating Its price oracle. Subsequently, the Mango token MNGO declined by 40%. A price oracle is an external source that provides information about the price of a given asset and uploads it on the blockchain…Solana Blockchain2 min readSolana Blockchain2 min read
