Top Bitcoin Layer 2 Projects to know in 2024
Bitcoin Layer-2 networks offer a much-needed answer as Bitcoin’s rapid growth increases the demand for scalable solutions. With transaction speed slowed and fees surging, user frustration has grown. Bitcoin Layer-2 protocols, built on top of the Bitcoin blockchain, enable faster, lower-cost transactions by processing them off-chain. As a result, they reduce congestion and improve overall […]
Crypto and AI: How the two industries will emerge in 2024
Key Takeaways AI’s market is set to hit $13 trillion by 2030, while crypto could reach $1.9 trillion by 2028. AI emulates human intelligence; crypto uses blockchain for secure, decentralized transactions. Merging AI and blockchain leads to advances like decentralized AI and zkML, improving data processing and decision-making. Innovations include AI crypto coins and decentralized […]
Blockchain in Telecom: Key Use Cases and Benefits
Upon hearing these two words; Blockchain and Telecom, one may struggle to find any connection between them, assuming they belong to entirely different realms, like two galaxies in different universes. However, the reality is far more intertwined, Blockchain in Telecom is not coexisting but is unlocking mind-blowing possibilities. Telecommunications, the exchange of information over […]
DeFi Security: The Major Challenges and Solution
Decentralized Finance (DeFi) represents a radical shift in the financial landscape by utilizing blockchain technology to offer financial services without traditional intermediaries like banks. The growth of DeFi has been remarkable, with the total value locked in these systems soaring about $700 million two years ago to reach an all time high, $179 billion by […]
Flash Loan Attacks: Risks and Prevention
The term “flash loan attacks” has likely flashed across your screen at least once by now, as these attacks have become increasingly notorious. A flash loan attack can drain millions of dollars from decentralized vaults in a single transaction, drawing heightened attention from players in the Decentralized Finance (DeFi) space. As the name suggests, flash […]
Black Box VS White Box Penetration Testing
Various penetration testing mechanisms are used in the cybersecurity space, particularly in ethical hacking and for software testing. Amongst them, black box and white box penetration testing are the most widely recognized. Penetration testing or, pen testing is a security exercise where a cyber-security expert attempts to find and exploit vulnerabilities in a computer […]
Top 5 Real-World Smart Contract Use Cases
Smart contracts are transforming the digital world. Their use cases range from simple digital handshakes to borrowing millions of dollars in flash loans with no collateral, illustrating the scope of what was once beyond our imagination. The futuristic approach to smart contracts is rooted in their nature as self-executing pieces of code that fulfill the […]
Smart Contract Cash Flow: Maximizing Efficiency and Returns
Smart contracts may be an oxymoron and are not necessarily ‘smart’. Their functionality depends entirely on the quality of the data they receive and the code that governs them. Like a smartphone or smart TV, which simplifies tasks but is not really ‘intelligent’, these contracts automate transactions based on predefined rules. Their effectiveness depends on […]
AML in Crypto vs Traditional Banking: An In-Depth Look
Key Takeaways: Money laundering involves three stages: introducing illicit money (placement), obscuring its origins (layering), and making it appear legitimate (integration). Common laundering methods include using small transactions to avoid detection, employing mules to move money, exploiting casinos, using cryptocurrencies for anonymous transactions, blending illicit funds in cash-intensive businesses, buying valuable commodities, and operating shell […]
Push the Button (PTB) Case Study
Push the Button (PTB) is all about turning a simple action into an exciting game. Designed for fans of both web3 and web2 games, PTB offers addictive gameplay where players can earn rewards, complete challenges, and dive into thrilling game modes. With two core game modes and a variety of events, PTB ensures that every […]
