This article helps you to understand the importance of and differences between Merkle vs. Verkle trees in blockchain. Merkle trees vs. Verkle trees There are many differences between both types of trees, particularly in providing Merkle proofs and Verkle proofs. The whole set of sister nodes in a Merkle tree, including Merkle Patricia trees, constitutes...Continue Reading

EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song -including fans. The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans.  Electronic dance music (EDM) artist R3HAB and...Continue Reading

After terminating mining operations in Russia’s mining-rich region of Siberia in February, SBI still continues running some mining activity in the country. Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich region of Siberia, citing...Continue Reading

The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level. The Inflation Reduction Act, signed into law this month by President Joe Biden, empowers the IRS with nearly $80 billion in new funds. The world’s most powerful tax collection agency is using...Continue Reading

Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up to the NFT sector’s first massive...Continue Reading

Six metaverse musical acts are up for nomination, including Ariana Grande, Justin Bieber and the K-Pop group BTS. The 2022 MTV Video Music Awards (VMAs) added a new category to its list of competition categories. This year artists are eligible to compete under the category of “Best Metaverse Performance” for a coveted award. Initially, the...Continue Reading

Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits. One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges...Continue Reading

The Central Bank of the Philippines warns the public against using non-local crypto trading platforms. The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warning to the citizens, discouraging them from engaging in...Continue Reading

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday. The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past...Continue Reading

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip...Continue Reading