Trusted Info and news about web3 and technology

Author: Mostafa Asharaf

  • Ethena shines bright as the Second weekly pick for May

    Ethena shines bright as the Second weekly pick for May

    Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated instrument – the ‘Internet Bond’.   USDe and Asset Backing Mechanism   USDe, the stablecoin of Ethena, is designed to provide a stablecoin solution that is…

  • wormhole shines bright as the First weekly pick for May

    wormhole shines bright as the First weekly pick for May

    Wormhole is the leading interoperability platform powering multichain applications and bridges at scale. The platform is designed to connect different blockchains, allowing for the secure and efficient transfer of data and assets. Individual blockchains like Ethereum and Solana are not inherently compatible with each other. Imagine Wormhole as a series of highways connecting cities, where…

  • Bitcoin surpasses one billion transactions for the first time since its creation in 2009.

    Bitcoin surpasses one billion transactions for the first time since its creation in 2009.

    Bitcoin, the leading cryptocurrency in the world, has recently achieved a momentous milestone by surpassing 1 billion transactions since its inception. This remarkable achievement not only underscores Bitcoin’s increasing adoption and utility as a decentralized digital currency but also reflects its growing significance in the global financial landscape.   The milestone of 1 billion transactions…

  • Galxe shines bright as the last weekly pick for April

    Galxe shines bright as the last weekly pick for April

    What Is Galxe?Formerly known as Project Galaxy, Galxe is the biggest credential data network in the web3 space. Created in 2021, Galxe was designed as an open credential infrastructure network, allowing developers and brands to build more important products and connect with the right communities. Most times, access to credential data is limited. Credential data…

  • Coinstore’s 2024 Dubai Expedition Concludes Successfully

    Coinstore’s 2024 Dubai Expedition Concludes Successfully

    April has been an extraordinary month, in which the cryptocurrency industry has seen significant changes.The Bitcoin halving has been completed.  Concurrently, Dubai became a hub for cryptocurrency experts, including practitioners, key opinion leaders (KOLs), investors, and media representatives. In this vibrant atmosphere, Coinstore successfully hosted two major events: the “2024 Coinstore Premiere Brand Conference ”…

  • The real test for Bitcoin Runes will come after the hype subsides

    The real test for Bitcoin Runes will come after the hype subsides

    Bitcoin Runes, a new protocol for issuing fungible tokens on the Bitcoin network, is set to go live with the Bitcoin halving later this week. Yet, the real market opportunity for Runes may only come months after the first wave of investor hype subsides, according to the pseudonymous decentralized finance (DeFi) researcher Ignas, who wrote in an April 17…

  • Blockchain Life 2024 thunderstruck in Dubai

    Blockchain Life 2024 thunderstruck in Dubai

    Dubai, April 17, 2024 – The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai. Representatives of the crypto industry have always stood apart, largely due to their unique character and the…

  • Gala Games Takes the Spotlight: This Week’s Gaming Highlight

    Gala Games Takes the Spotlight: This Week’s Gaming Highlight

    The realm of blockchain technology continues to evolve at a breakneck pace, constantly introducing innovative applications that reshape various industries. Within this dynamic landscape, Gala has emerged as a prominent name, synonymous with a unique approach to gaming, ownership, and community building. This comprehensive article delves into the intricate world of Gala in the context…

  • What is crypto staking

    What is crypto staking

    Staking has become an increasingly popular concept in the world of cryptocurrency, offering users the opportunity to earn passive income while also contributing to the security and decentralization of blockchain networks. In this article, we will explore what staking is, how it works, the different types of staking, and its pros and cons. What is…