Amazon Web Services (AWS) announced a partnership with Avalanche (AWS), a blockchain platform provider, to expand blockchain solutions for enterprises and governments. The partnership will allow AWS customers to leverage Avalanche’s blockchain platform to build and deploy decentralized applications (dApps) that can handle large-scale, high-throughput transactions.   Exciting News for Developers AWS and Avalanche will…

FTX, the collapsed cryptocurrency exchange, has reportedly located over $5 billion worth of cash, crypto, securities, and other assets, according to an attorney representing the firm. However, it is still unclear the extent of losses to customers.  Prosecutors have accused FTX's former CEO, Sam Bankman-Fried, of orchestrating a large-scale fraud that may have cost billions…

The start of 2023 has offered cause for optimism, with price rallies across many major cryptocurrency projects, especially in the top 50 and among those embracing artificial intelligence technologies. International regulators are also seeing the start of 2023 as an excellent time to introduce new regulations, as in Hong Kong and France. Hong Kong Opens…

Solana has seen a strong rally in the past week as the crypto market starts the new year with a bullish trend. The high-performance blockchain has gained popularity for its fast transaction speeds and low fees, which have made it a preferred choice for many users and businesses.   Why is 2023 starting with a positive…

Binance, one of the world's largest cryptocurrency exchanges, has announced that it will be using CoinMarketCap as its primary source for crypto data. This move comes as Binance looks to improve the accuracy and reliability of the information it provides to its users. Changpeng Zhao, better known as CZ, the owner of Binance, announced the…

Although many centralised companies faced challenges or closures over the past year, the decentralised finance (DeFi) ecosystem has remained relatively stable in comparison. The prolonged bear market and damage to consumer trust in cryptocurrencies have impacted some DeFi players, but there have also been positive developments. It is possible that the difficulties faced by centralised…

Gaming, Metaverse, and Social Networks were the Web3 categories that attracted the most investment in 2022, accounting for $2.3 billion, $2.2 billion and $1.9 billion respectively. According to Metaverse Post's year-end report, the Web3 space raised a total of $7.1 billion in funding during 2022, with Gaming, Metaverse, and Social Networks being the top three…

The cryptocurrency market & DeFi industry faced significant challenges during the second quarter of 2022, as coins saw a downward trend and failed to recover in Q3 & Q4. The collapse of Terra (LUNA) in May had severe consequences, resulting in the bankruptcies of Celsius, Voyager, and Three Arrows Capital. In August, the Federal government…