Author: bitcrypto.io

Imagine a future where the internet is not controlled by a few tech giants but is instead decentralized, secure, and accessible to everyone. This is the promise of Web3, the next generation of the internet, built on blockchain technology. Now, picture India, with its rich history, diverse culture, and booming tech industry, leading this revolutionary shift. Could India become the world’s Web3 hub? The answer lies in a combination of talent, innovation, supportive policies, and a shared vision for the future. World of Web3 Web3 is more than just a buzzword; it’s a transformative vision of the internet. Unlike today’s…

Key Insights: In the world of innovation, Blockchain Technology has emerged as one of the major driving forces. They have revolutionised various industries like Finance, Retail, Real Estate, Healthcare, Mobile Apps, etc., by adding transparency and a layer of security into their ecosystem. And along the road, it has emerged as one of the technologies that entrepreneurs adore the most. On the other hand, Artificial Intelligence (AI) has also impacted the business world significantly. Technologies like “AI Chatbots” have modernised traditional businesses and improved customer experience. It has become an essential component of every industry, whether it be Finance, Retail,…

Flincap’s chief marketing officer (CMO), Oladotun Wilfred Akangbe, has emphasized that African crypto communities are getting closer to mainstream adoption. Ricards, a crypto industry observer,  also added that Solana partnerships would not only drive Africa’s crypto adoption but also enhance continent-wide accessibility and provide ‘scalable blockchain solutions’. Akangbe said Solana was building a robust ecosystem across Africa through educational workshops, meetups, and hackathons. He affirmed that Africa’s Solana communities’ effects were slowly being felt despite market volatility. Solana champions Web3 adoption in Africa Akangbe disclosed that several activities initiated by Solana supported the effective onboarding of many Africans into its…

Explore how Ethereum ETFs differ from Bitcoin ETFs, including unique attributes, regulatory aspects, and market impact. Learn more here. The Securities and Exchange Commission (SEC) recently approved a spot Ethereum ETF, bringing jubilation to the crypto community. This development follows the approval of Bitcoin ETFs which took place slightly over a year ago. Both approvals are important milestones for the digital assets, but the differences in processes and implications of Ethereum and Bitcoin ETFs are notable. Let’s explore the differences between these two significant approvals and their implications for the future of cryptocurrencies. Breaking Down the Approval Processes When the…

PEPE, the third-largest memecoin by market capitalization, might benefit from the recent wave of selling. The last 36 hours have seen Bitcoin’s [BTC] price fall by 9% from $58.8k to $55.5k, before bouncing by 6% to touch $56.8k at press time. This volatility led to a large number of crypto liquidations, with the long positions experiencing more pain. Bitcoin’s price drop was caused by various factors. One of these factors was the news that the German government is selling BTC. Another was Mt. Gox transferring $2.7 billion worth of BTC to a new address. Following the scale of this volatility,…

Telegram-based game Hamster Kombat has recorded another milestone in terms of its impressive growth since its launch. Based on the remarkable strides the project has made so far, it could be the next big thing in crypto. Hamster Kombat Records 239 Million Users In Three Months Telegram’s founder, Pavel Durov, revealed in a post on his Telegram channel that 239 million users have signed up for Hamster Kombat in just three months since the Telegram mini-game launched. Further highlighting Hamster Kombat’s achievements, Durov mentioned that it took only 73 days for the project to reach 100 million monthly users. The…

Hinza Asif is president of Asia Web3 Alliance Japan and CEO of NFTStudio24, emphasizing media’s importance, Web3 and blockchain. Web3.0, also known as the decentralized internet, is changing how businesses operate through blockchain and decentralized networks. As Web3 advances, it’s important to understand how Google can rank Web3 websites. Search Engine Optimization (SEO) is vital for the success of Web3 ventures. While often associated with Web2 websites, SEO is equally essential for Web3 companies, decentralized apps (dApps) and blockchain platforms because, in a competitive digital marketplace, visibility is crucial. But before you can drive organic traffic, you must understand exactly…

The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever. Lucky Uwakwe, chairman of Nigeria’s Blockchain Industry Coordinating Committee (BICCoN), has emphasized the importance of using artificial intelligence (AI) to preserve African languages at risk of extinction. Uwakwe highlighted the urgent need to protect these languages as fewer people speak them due to various socio-economic factors. Uwakwe pointed to the example of languages in Plateau State, Nigeria, where insecurity has displaced communities, causing their languages to scatter and decline. According to Uwakwe, the goal is to ensure that no…

Amidst the market turmoil, on-chain data shows a particular whale has been taking the chance to load up on their portfolio. Notable among the transfers is the withdrawal of 957.77 billion PEPE and 583.78 billion Shiba Inu, among other meme coins. Particularly, this whale made a notable withdrawal of $120 million worth of diverse assets from Binance. An in-depth examination of the transaction data shows a widespread portfolio across 14 layer-1, layer-2, and meme coins. Crypto Whale Goes All In Despite Price Crash Bitcoin’s drop below $59,000 has many investors scrambling to decide what to do next. This decline triggered…

The once-frigid market for NFTs has thawed in a surprising turn of events, defying the recent slump in Bitcoin prices. Data from DappRadar reveals a robust Q2 2024, with a 28% increase in NFT sales compared to the previous quarter, reaching levels last seen in early 2023. This surge comes as Bitcoin experiences its fourth consecutive day of decline, leaving many scratching their heads about the resilience of digital collectibles. Blur Muscles Past OpenSea In A Changing Marketplace Landscape The NFT landscape itself is undergoing a transformation. OpenSea, the former king of the castle, has been dethroned by a new…