Crypto&Blockchain

The global economy is inevitably moving towards a digital eco-system. From investment to money transfer, everything is going paperless. The newest and most promising addition to the digital payment sector is cryptocurrency.

US medical device maker, Abbott, is moving into making general purpose consumer biosensing wearables. The company has been making continuous glucose monitor (CGM) hardware for diabetes management for years (since 2014) — but in a healthtech keynote at CES yesterday, Abbott’s chairman and CEO, Robert B Ford, announced it’s...
Hedera's public ledger consensus service was recently used to “gather, store, and order” millions of data points in a drone data trial sponsored by the United Kingdom government.As per an announcement, Hedera worked with Neuron Innovations, a London-based aviation technology company, to trial safe sharing of long-distance airspace...
Mozilla, the software developer of the internet browser Firefox, has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment. Last week, Mozilla had called for cryptocurrency donations through BitPay which eventually sparked a discussion about the harmful impact cryptocurrency mining has...
Samsung is the latest megacorporation to announce a metaventure project, opting for Decentraland for its metaverse project. On Jan. 6, 2021, the consumer electronics giant announced the opening of a virtual replica of its iconic New York physical store in order to enhance customer interaction at a time when...
Over the past seven days, the top trending words on cryptocurrency social media are “dip”, “buy” and “Fed”. Plus, the word “sell” fell out of the top 10 trending topics last night despite spiking sharply on Tuesday. According to crypto market data aggregator Santiment, social media users from Meta...
Bitcoin (BTC) dropped below $42K for the first time since September 2021 as the market remains in the red.  The leading cryptocurrency was down by 2.92% in the last 24 hours to hit $41,733 during intraday trading, according to CoinMarketCap.  This represents a 39.5% decline from the all-time high (ATH)...
Will the world ever go back to big in-person events? Of course. Eventually. CES already moved in that direction this year, for better or worse. But everyone’s already gotten a taste of virtual events, and their many ups and downs. Ups? Huge potential audiences! No flights! No mile-long lines...
The Solana blockchain has faced its second network performance degradation incident this week. According to Solana, this is happening because of a rise in high compute transactions. As a result, the network capacity which was originally advertised to be 50,000 transactions per second (TPS) was reduced to several thousand...