Month: September 2022

Why quantum computing isn’t a threat to crypto… yet

Quantum computing has raised concerns about the future of cryptocurrency and blockchain technology in recent years. For example, it is commonly assumed that very sophisticated quantum computers will one day be able to crack present-day encryption, making security a serious concern for users in the blockchain space. The SHA-256 cryptographic protocol used for Bitcoin network security is currently unbreakable by today’s computers. However, experts anticipate that within a decade, quantum computing will be able to break existing encryption protocols. In regard to whether holders should be worried about quantum computers…

Music NFTs will take gaming to new levels

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The GameFi industry has surged since 2020, with some estimating a market capitalization of $55.4 billion as of February 2022. While others have much lower estimates closer to $3 billion, one thing is for sure: The industry grew rapidly from zero and is poised for continued growth. What matters, however, is not the day-to-day or even month-to-month market cap, but rather the continued rise of users who feel like they’re extracting value. Games are created so that people have fun. But the rise of “gamification” refers to the application of…

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BTC Beyond $21,000, ETH Above $1,700 as Powell Remains Hawkish – Market Updates Bitcoin News

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Bitcoin rose by over $2,000 in the last 24 hours, as markets responded to bullish comments from United States Federal Reserve Chair Jerome Powell. Speaking yesterday, Powell stated, “We need to act now, forthrightly, strongly as we have been doing.” Ethereum also surged, moving above $1,700 on Friday. Bitcoin Bitcoin (BTC) rose rapidly during today’s session, as markets responded to bullish comments from Jerome Powell. Speaking on Thursday, the Fed Chair hinted at further rate hikes, stating that, “My colleagues and I are strongly committed to this project and we…

Swiss and Dubai crypto associations team up

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Switzerland-based Crypto Valley Association will partner with Dubai’s Crypto Oasis to collaborate in the ongoing development of the blockchain industry in both countries. The Crypto Valley Association (CVA), based in the Swiss Canton of Zug’s self-proclaimed ‘crypto valley,’ will spearhead the partnership with its counterpart in Dubai to connect a growing group of blockchain communities in Switzerland and the Middle East. Both associations were founded by Ralf Glabischnig, who played a major role in Zug’s establishment as a center for blockchain and cryptocurrency organizations. The likes of the Ethereum Foundation…

Cardalonia Scores It’s First Exchange Listing, Set To Overtake Decentraland (MANA) and Sandbox (SAND) As $LONIA Token Holders Prepare For Land Presale

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Cardalonia, an NFT-powered Play to earn Metaverse project building on the Cardano blockchain has announced the listing of it’s utility token $LONIA on P2PB2B, an Estonian-based cryptocurrency exchange and one of the top 100 exchanges by trading volume according to Coinmarketcap. The $LONIA token listing partnership with p2pb2b.com will enable trading of $LONIA tokens, the utility token of Cardalonia. LONIA token is available for trading on P2pb2b.com on the trading Pair LONIA/USDT, start trading below. $LONIA is the utility token of the Cardalonia Metaverse and will give holders multiple utilities…