Futureverse, a pioneering company in the rapidly expanding metaverse industry, has recently celebrated the successful closure of a remarkable $54 million Series A funding round. Spearheaded by strong support from 10T Holdings, LLC and Ripple, this funding round serves as a testament to the innovative vision embraced by Futureverse. The company’s mission centers around empowering
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TaxNodes, a platform dedicated to calculating taxes on cryptocurrency profits and facilitating Income Tax Return (ITR) filing, is taking a groundbreaking step in India. They have recently announced an initiative to provide complimentary Non-Fungible Tokens (NFTs) to all eligible customers who file their ITR for crypto gains through their platform. This move aims to express
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Blockchain analytics firm, IntoTheBlock, has recently conducted an analysis of on-chain data revealing that nearly 29% of all circulating bitcoins have remained untouched for over five years. This significant portion of unmoved assets has sparked discussions among analysts, suggesting the possibility of lost coins within the cryptocurrency ecosystem. Bitfinex, a major cryptocurrency exchange, also reported
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The cryptocurrency exchange giant, Binance, has recently announced the successful integration of the Bitcoin Lightning Network (LN) for its deposits and withdrawals activities. This move is seen as a significant step towards improving user experience and addressing scalability issues in the crypto trading world. By adopting the LN payment protocol built on Bitcoin, Binance joins
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In a major breakthrough for Ethereum layer-2 scaling solutions, zkSync Era has introduced Boojum, a groundbreaking proof system based on the Scalable Transparent Argument of Knowledge (STARK). This system is poised to enhance the efficiency and accessibility of Ethereum scaling protocols by leveraging zero-knowledge rollups (ZK-rollups). Boojum, a Rust-based cryptographic library developed by zkSync, implements
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The Web3 decentralized domain space has witnessed a significant development with the recent collaboration between Unstoppable Domains and the Ethereum Name Service (ENS). This collaboration brings together two prominent platforms in the industry, enabling users to create human-readable domain names and cryptocurrency wallet addresses. The integration of Unstoppable Domains and ENS opens up a plethora
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Cryptocurrency has served as a breeding ground for fraudulent schemes and scams, with the Austin family being the latest culprits apprehended by authorities in the United States. This father-son duo, Brandon and Eugene “Hugh” Austin, are facing charges of operating a significant cryptocurrency fraud, accused of embezzling more than $10 million from unsuspecting investors. The
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