Forex-focused Layer-1 blockchain platform, Pendulum has confirmed the mainnet launch of its Polkadot parachain. The Pendulum chain has now been successfully connected to the Polkadot ecosystem, enabling business organizations and Fintech firms to enter the nascent decentralized finance (DeFi) sector. This latest development marks a new phase for Forex, which could potentially bring a multi-trillion […]

Wakweli, a Web 3 protocol aiming to become the reference of trust for tokenized assets on decentralized ecosystems, announced the successful close of its seed funding round, raising $1.1 million, an announcement on Tuesday confirmed. The funding will be used to extend its product offering and development of new features that preserve tokenized assets’ market […]

Web3 is a short word with massive implications. Locked within these four alphanumeric characters are a blueprint for a better internet, the pathway to restoring user privacy, and an escape tunnel for fleeing everything that’s wrong with web2. There’s just one problem: getting to this promised land is mighty confusing. For the average web user, […]

Shares of Block Inc., the formerly known square run by Jack Dorsey rallied 30% in late trading on Friday after the digital payments company reported better-than-expected revenue in December-quarter and projected a solid outlook for 2022. The San Francisco-based firm generated $4.08 billion in revenue in the fourth quarter, beating the average estimate of $4.01. […]

Shares of Intel Corp., one of the largest chipmakers in the world increased following the company named David Zinsner as its Chief Financial Officer and executive vice president. Zinsner is Micron Technology Inc.’s finance head and he will replace George Davis as CFO. Zinsner, who has more than 20 years of experience in the semiconductor […]

Payment company Square Inc. which is led by Jack Dorsey Twitter Inc.’s co-founder changing its name to Block Inc. said the firm on Wednesday. On the one hand, the name refers to cryptocurrencies and blockchain technologies that account for a big part of former Square’s business. On the other hand, it signals a rebranding and […]

Blockchain has emerged as one of the most disruptive forces in the technology sector.  But what is blockchain technology?  Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, […]