What is Consensus in Blockchain?

Blockchain is like a giant digital ledger that constantly records transactions across a vast network of computers. But how can we be sure everyone on this network agrees on what’s written? Enter consensus, the magic ingredient that keeps blockchains secure and trustworthy. At its core, consensus represents the bedrock upon which decentralized finance operates. It […]
What Exactly Are Non-Fungible Tokens (NFTs)?

Have you heard of NFTs but found it really difficult to comprehend what they are? Although these digital assets are quite popular right now, they can be somewhat puzzling at first. You know how limited edition prints of art or collectibles charge a premium since there are only a certain number available? NFTs operate in […]
Zipmex Loses License: Thailand SEC Shuts Down Crypto Exchange, Mandates Refunds

Crypto exchange, Zipmex, digital asset business license has been revoked by Thailand’s Security and Exchange Commission (SEC) following the nation’s finance ministry directives. Notably, the decision to withdraw the license stemmed from gross regulatory defaultment and will take effect from May 28, 2024. The license withdrawal directive also involved plans and deadlines for customers’ refunds, […]
Bybit Closes Chinese Offices, Offers Relocation and Compensation to Affected Employees

In a new development, Bybit has released a new directive regarding its operational services in the local provinces of China, especially in Shangai and Shenzhen, informing the public of its plans to relocate most of its Chinese employees to its other bases in Malaysia and Dubai. For context, China has embarked on growing its economy […]