Bitcoin’s major upgrade, known as Taproot, has activated this weekend to improve the blockchain‘s functionality. It’s the first major upgrade since 2017. Developers are now able to add new features to improve privacy, scalability, and security on the Bitcoin blockchain. As Forbes reported, the long-awaited Bitcoin upgrade was deployed Sunday morning and will unlock the…
Decentralized finance, also known as DeFi, has continued its unabated growth in the crypto industry as one of the metrics used to measure its progress, total value locked (TVL), has reached a new all-time high of above $250 billion. While Ethereum holds the lion’s share of TVL in DeFi, a great number of decentralized applications…
What is Web3 and what is its connection with the crypto world, Aaron Mak describes on Slate. If you’ve been perusing cryptocurrency forums or video-game news recently—or spying everything from New York Times job listings to zany Twitter threads claiming that the traditional job interview is about to be replaced by blockchain-based “quests, adventures and…
The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable, as predicts Artem Tolkachev on Cointelegraph. Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has…
BitcoinDeFi (BTCDF) has become one of the most popular crypto projects, which takes place on exhibition at the 19th World Blockchain Summit in Dubai, proposing for cooperation and development policies received the consensus of organizations and investment funds in the field of cryptocurrencies. In the coming time, the BTCDF investment community awaits to benefit soon…
After Bitcoin’s launch in 2009, a robust industry blossomed, stemming from the asset, its concept, and its underlying technology. The crypto and blockchain space boasts different niches in which projects and companies develop solutions for various use cases. One such niche is the decentralized finance (DeFi) sector, which was created as an alternative to traditional…