Tether recovers $87 million in USDT transmitted to incorrect addresses
The recovery technique offered by Tether for its subscribers is not a free service according to the statement on the website. Since its launch in 2014, stablecoin issuer Tether has assisted customers in recovering $87 million in USDT that had been transmitted to incorrect addresses, according to its CTO Paolo Ardoino. Tether’s retrieval process According […]
Opera launches the first blockchain inclined internet browser
Although still in the beta software stage and available only for Mac, Windows and Andriod users, the new internet browser is Opera’s new Web3 initiative designed for all things involving blockchain technology. Opera announced on Wednesday that it will release a new browser that is designed and optimized for all things blockchain , including cryptocurrency […]
Binance’s First Quarterly Auto-Burn Removed Over 1.6B BNB
Binance intends to replace its native token’s quarterly burn with a new mechanism called BNB Auto-Burn. The burn took 1,684,387.11 BNB, according to a Binance blog post. That’s $798,887,962 in tokens at the time of writing. Through the Binance Pioneer Burn program, which counts BNB delivered to dead wallets, 6296 of those coins were ‘effectively’ […]
Pakistan’s president calls for more training in emerging technologies
According to a Chainalysis analysis from October 2021, Pakistan was third in crypto adoption after Vietnam and India. While meeting with a group of blockchain technology specialists, Pakistani President Arif Alvi advocated for more training in new technologies such as blockchain, artificial intelligence, and cybersecurity. Alvi said Pakistan’s talent pool should be ready to fulfil […]
China to distinguish NFTs from the crypto sector using blockchain technology
China plans to create a clear distinction between cryptocurrencies and nonfungible tokens (NFTs), this is a reassurance that NFTs are legal in the country as opposed to their counterpart cryptocurrencies. According to the South China Morning Post, the Blockchain-based Service Network (BSN), a government-backed blockchain project in China, is developing infrastructure to help enterprises and […]