In the same way that tangible bridges connect two physical locations, blockchain bridges connect different networks or token ecosystems. Blockchain bridges are necessary to facilitate communication and movement of assets between one network and another, otherwise, each blockchain would remain in its own siloed island, without outside interaction. To understand the concept of bridges and why they

Since Web3 emerged in 2014 as a term to describe the new types of protocols that enable decentralized consensus, it has now come to describe an entire ecosystem of public blockchains, applications, and even design philosophies. As with other great esoteric ideas, the question “What is Web3?” elicits a torrent of answers that are as

Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases. In a paper titled “Where to use a blockchain in non-financial applications,” in the first place, the Ethereum mastermind said one of the biggest challenges in a cryptographic account

Cryptocurrencies and blockchain technology have grown rapidly in recent years. However, this growth has brought to light several issues that need to be addressed before the whole world move to the blockchain. One of the most important concerns confronting blockchain technology is scalability. Blockchain layers are proposed solutions to the scalability issue of blockchains. Scalability

On June 7, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) unveiled the long-awaited 69-page draft of the Lummis-Gillibrand Responsible Financial Innovation Act (“Act”). The Act is meant to create a regulatory framework for digital assets, pioneer legal reform and regulation across various regulatory entities, and update current laws with language regarding digital assets. All cryptocurrency

Ask anyone what crypto is, and you’re most likely to hear a range of answers from “Bitcoin” to “electronic payments.” Invented in 2009, Bitcoin allows anyone, anywhere in the world to send and receive value with a computer and internet connection. It was the original crypto use case – a peer-to-peer electronic cash system. However,

Insurance has been around for centuries. As early as a thousand years ago, Chinese merchant seafarers were pooling together their wares in collective funds that would help pay for the damages of any individual’s capsized ship. While technology has permanently changed entire industries over the past decade, in many ways, the multi-trillion-dollar global insurance industry

DOGAMÍ, the leading French NFT brand, is releasing its first collaboration ever with iconic American fashion brand, Gap, allowing collectors to personalize and accessorize their virtual dogs with the first in-game wearables on July 27 at 12pm ET / 6pm CET. These three-item packs will also have a direct and specific game impact, allowing owners

While electric vehicles might be cleaner than gas-powered cars, there’s no guarantee that the electricity source is renewable. For those that want to ensure that it is, the Energy Web blockchain and Volkswagen (VW) have partnered for a smart charging solution. Energy Web’s “24/7” matching algorithm maximizes the use of renewable energy. “The purpose of this project has been

Temperatures in Texas shattered century-old records over the weekend as a blistering heat wave baked the Lone Star state under triple-digit heat. With temperatures reaching 110°F in central Texas, the state’s grid operator issued a warning Monday that rolling blackouts were “possible” in coming days and urged consumers and industry to scale back power usage. Bitcoin miners,