Web3 (310)

Could Australia be the next location for a spike in crypto interest, adoption, and invention? Many in the space are bullish on just that, and for good reason. At 23%, the nation has the highest rate of crypto adoption among all developed countries and the eight highest globally, according to a Swyftx survey. Meanwhile, 25% of the 2,199 adults surveyed in July 2023 intended to purchase digital assets over the following 12 months. And, according to the same survey, 54% of Australian millennials own or have owned crypto in the past.

Dubai isn't a city lacking in ambition. One of the seven emirates that comprise the United Arab Emirates (UAE), Dubai has been instrumental in the hyper-growth experienced by the UAE since its formation in 1971. Many would agree then that Dubai's high enthusiasm for crypto and Web3 technologies was inevitable.

Crypto is busy causing positive disruption in the Middle East, North Africa, and Türkiye (MENAT). The region led the way for digital asset adoption between July 2021 and June 2022, according to data from Chainalysis . The blockchain data platform's 2022 Geography of Cryptocurrency Report showed that users in the region received more than $566 billion in cryptocurrency value across the period — a 48% jump compared to the previous year. Although this figure dropped to an estimated $389.8 billion in on-chain value between July 2022 and June 2023, optimism remains high for crypto's continued emergence across the region.

Crypto staking platforms offer users the opportunity to earn passive rewards by putting their cryptocurrency to work. By staking your crypto and holding onto it for a certain period, you can earn rewards in the form of interest or dividends. With so many different crypto staking platforms on the market, it’s essential to before staking your coins.

Layer-2 (L2) solutions help to enhance Ethereum's scalability, making it more accessible to a larger audience. Two notable L2 options are Optimistic Rollups (OP) and Plasma (POL). OP allows fast off-chain transactions by assuming their validity unless challenged.

Have your friends sent you invites to Telegram crypto games, but you're unsure what they are? They're a form of Telegram Mini App (TMAs), which are web applications that run seamlessly within the Telegram messenger, leveraging technologies like HTML, CSS, and JavaScript.

Mantle Network is a pioneering modular Layer-2 solution designed to help scale the Ethereum network efficiently, handling more transactions faster than before. The tool achieves this by bundling transactions together using technology, reducing gas fees and speeding up transaction times.

Have you ever considered the most secure method to store your cryptocurrency? A hardware wallet provides an essential safeguard solution for your cryptocurrency assets by keeping them offline. Unlike hot wallets, which can be susceptible to cyber-attacks, hardware wallets securely contain the private keys you need to gain access to your digital assets.

Imagine a society where information is siloed, and valuable data is locked away in isolated vaults. This is akin to the current state of blockchains, where different networks operate independently without being able to communicate with each other. While each blockchain offers unique advantages, this fragmentation hinders the potential for a truly interconnected future. Fortunately, with crosschain interoperability solutions like LayerZero, we're on the cusp of a blockchain revolution.

Each year, the Bitcoin community enthusiastically celebrates Bitcoin Pizza Day to commemorate a significant milestone in cryptocurrency's history: the first-ever real-world transaction completed with Bitcoin.

The internet’s most famous frog, Pepe, is making waves in the crypto space since a memecoin created in its honor, PEPE, soared into the top 100 cryptocurrencies by market cap. Just weeks after launch, the coin was rubbing shoulders with top tokens and with a market cap well north of $400 million. But what is the PEPE project all about?

Automated market makers (AMMs) are a form of decentralized cryptocurrency trading platform that uses smart contracts to enable token swaps and value exchange. Unlike centralized exchanges, this process doesn't rely on order books to determine asset prices. Instead, it uses a mathematical formula to determine prices based on the asset's supply and demand curve.

SUI is a permissionless Layer-1 blockchain that adopts a unique object-oriented data model and purpose-built programming language, Move, to support true digital asset ownership. While Solana primarily concentrates on , SUI takes a different approach, aiming to excel in decentralized applications (DApps) and non-fungible tokens (NFTs). That's why SUI has been dubbed the "The Solana Killer" by .

Transaction speeds are one of many real-world issues cryptocurrency looks to solve. When you need to send a payment, being aware of the transaction time is important. This tends to be vague within traditional banking systems, and even more so in international payments. However, cryptocurrency provides a solution.

The Taproot upgrade marked an interesting chapter in Bitcoin’s history when it launched in November 2021. One upgrade the industry is starting to witness more and more of is the network's smart contract capabilities. Taproot is designed to meet the growing demands of Bitcoin users while staying true to its decentralized roots.

It's tough to overestimate how disruptive cryptoassets have been to the traditional financial system. The industry provides a compelling alternative, as it aims to create a fairer and more equitable system for all. At the same time, the ripples of this disruption have reached security and ownership, guided by crypto's core concept of decentralization.

To many, Decentralized Physical Infrastructure Networks (DePIN) could be a significant catalyst for reshaping how our interconnected world functions. An alternative to traditional centralized systems, DePIN works towards a future where physical infrastructure — from communication networks to energy grids — operates on principles of decentralization. This paradigm shift has the potential to bring about increased robustness, security, and novel possibilities in artificial intelligence (AI), blockchain, and the broader cryptocurrency ecosystem.

Blockchain technology has gained significant popularity in recent years due to its potential to revolutionize virtually every industry in some way. However, in order for blockchains to function efficiently, they require trusted and reliable data sources. This is where blockchain oracles come in.

 Ontology is a fast, secure, and accessible layer-2 public block

Many believe that Polygon 2.0 could significantly change the landscape for decentralized application (DApp) development, opening up DApps to a wider global audience. The latest iteration of the technology is faster, cheaper, and more scalable than ever.

Non-fungible tokens (NFTs) are digital assets with unique characteristics, enabling them to represent ownership of items in the real world. These tokens are built on blockchain technology and can take various forms, including artwork, music, videos, and games.

Within the Web3 and blockchain space, non-fungible tokens (NFTs) have gained traction. They offer a unique way for artists, musicians, and creatives to monetize their content. The events industry has also taken notice, using NFTs as tickets for their events.

A blockchain address is a unique identifier for cryptocurrency wallets and smart contracts. This umbrella term refers to the string of characters that serves as a destination for cryptocurrency transactions (in the case of a wallet) or allows users to interact with a smart contract (in the case of smart contracts).

As the world of cryptocurrencies continues to evolve, understanding the different types of wallets available is crucial for secure and convenient management of digital assets. TL;DR Explore the concept of Web3 wallets