Google Opens Office in El Salvador to Aid Digital Transformation

Google, known for its technological leadership, has entered El Salvador to support the country’s digitalization efforts. This move comes after El Salvador announced its plan to offer citizenship to 5,000 tech-savvy individuals. At the inauguration of El Salvador’s new Google office, President Bukele reflects on the remarkable progress of his country, once a mere memory … Read more

PayPal Revises Protection Policies for NFT Transactions

Beginning May 20, 2024, PayPal will make a change in their policy regarding Non-Fungible Token (NFT) transactions on their platform. From this date forward, buyers will no longer be covered by PayPal’s buyer protection program for NFT purchases. The company plans to modify its seller safety policy, eliminating certain protective measures for NFT deals priced … Read more

GameFi Heats Up as Crypto Prices Soar

During the ongoing cryptocurrency bull market, the GameFi sector is experiencing a notable resurgence. Contrary to the sluggish progress of the past two years, GameFi initiatives are currently more dynamic, marked by an increase in new product rollouts and strategic collaborations. StepN and Adidas are teaming up for a limited-edition NFT sale on the Solana … Read more

Bitcoin mining stocks continue to slump ahead of halving

The stock prices of Bitcoin mining businesses are dropping significantly as they prepare for the upcoming halving event. Marathon Digital Holdings, the biggest publicly traded Bitcoin mining company, along with Riot Platforms and CleanSpark, have experienced three straight days of share price drops. Marathon Digital Holdings suffered a significant loss of approximately 25% over the … Read more

Solana congestion prompts Ore project to pause mining

To reduce traffic on the Solana network, Hardhat Chad, an anonymous figure behind the Ore project, declared an immediate stop to all mining activities. Ore, which is a blockchain initiative launched on the Solana platform, is investigating an optimal distribution method by employing a proof-of-work (PoW) token mechanism. The team behind Ore is endeavoring to … Read more