Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. … Read more

Blockchain Platforms Reimagining the Online Casino Space

London, UK – The online gambling industry is in a significant period of change due to the rise in blockchain-based casino platforms. These platforms are built on blockchain technology, which makes for safe, transparent transactions. What’s more, the use of smart contracts guarantee automatic and instant payouts. What this does is remove the need for … Read more

Blockchain-based Betting Platforms Disrupt the Online Gambling Industry

London, UK – The emergence of blockchain-based betting platforms such as BetDEX, Dexsport.io and Betswap is revolutionising the online gambling space. These platforms, which are built on blockchain technology, allow for secure, transparent transactions and smart contracts, ensuring automatic and instant payouts. This approach eliminates the need for a centralised intermediary and provides users with … Read more

Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams

The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially affecting the progress of Microsoft in these … Read more

Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached 87 million. Cryptocurrency Adoption Achieves New Milestones Crypto.com … Read more