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Changex combines crypto trading and lending with traditional banking features that also include an upcoming Visa debit card. Decentralized finance (DeFi) gave birth to a wide range of financial services that aim to challenge what traditional finance (TradFi) offers. However, the user experience persists as a major issue hindering the widespread adoption of DeFi apps…
Hollywood strikes echoed the unbalanced value distribution in the streaming video industry — blockchain can change that. Streaming video is one of the fastest-growing markets in the world, with the OTT video industry alone projected to reach $200 billion in 2023. Short for “over-the-top” video, the OTT video ecosystem includes on-demand video as well as…
Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death. Less than three weeks after its launch, the decentralized social network Friend.tech has already been declared “dead” by critics, following a recent drop in key metrics…
FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto exchange FTX has temporarily suspended accounts of impacted users accessing its claims portal. FTX announced the decision on X (formerly Twitter) as a proactive measure to…
While AI-generated songs are flooding the music market, blockchain technology can ensure transparency and ethical standards are maintained within the industry. The synergy of AI and blockchain can revolutionize the music industry by enhancing artists’ creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for…
A Bitcoin vanity address is your signature on the blockchain canvas — a custom touch in the realm of digital finance. Have you ever wondered whether a Bitcoin (BTC) address — or a string of 26–35 alphanumeric characters — can happen to have human-readable words instead of random letters? You’ve probably heard of the Lightning…
Friend.tech has hit back at a report which suggested that its API “leaked” personal data of its users. The team behind the viral decentralized social media platform friend.tech has refuted a report which claimed that the personal information of more than 100,000 of its users was “leaked.” The now-amended report, first posted by The Block,…
The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines. Seychelles-based cryptocurrency derivatives exchange Bitget is updating its Know Your Customer (KYC) requirements for users to stay in step with global regulatory guidelines. According to the company, the new KYC requirements are being instituted to protect…
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