Blockchain is the underlying technology behind cryptocurrencies. Unfortunately, as this technology evolves, people are developing new ways to misuse and perform malicious actions. The 51% attack or a majority attack is one of them, which refers to a situation in which a miner or a group of miners gain control of more than 50% of […]

Dubai, Tuesday, March 5, 2024 – The world’s first sustainable blockchain, 5irechain, announced on February 21, 2024, that their $10 million grant program is set for three months, commencing from March 1 to May 31, 2024. It said that it aimed to encourage high-level developers to use the 5ire blockchain to create decentralized applications (dApps). […]

Zug, Switzerland, Wednesday, March 20, 2024 – Two African startups, one from Kenya and another from Nigeria, have been selected to participate in the sixth edition of the CV Labs accelerator program, according to a press release issued by CV VC on March 13, 2024. The CV Labs accelerator is the ecosystem division of CV […]

Nairobi, Thursday, April 25, 2024 – Web3 socialFi-based African builder NODO platform reached its 200 000 users within the first quarter of 2024, NODO announced on April 18. The announcement said that NODO had become the pioneer blockchain in the education and community engagement sectors for the continent.  It said that the surge in the […]

The new economy is upon us. The digital world has forever changed the way we communicate and do business. Social media has driven companies to connect with their target audience to stay ahead of the curve with marketing campaigns and brand identity. Companies need an online presence to remain competitive in today’s market, and services […]

Hong Kong, August 19 2023- On July 27, 2023, Animoca Brands, a prominent company in the blockchain gaming and metaverse space, disclosed an investment of $30 million into HI, a top-tier mobile social entertainment platform. Industry observers say that the investment will help HI accelerate the development of its blockchain gaming and metaverse products and […]

Ethereum… the brainchild of Vitalik Buterin, has and continues to change the digital landscape by providing an all-in-one platform for the creation of decentralized finance (DeFi) applications, decentralized exchanges (DEXs), and the issuance of non-fungible tokens (NFTs). At the heart of Ethereum is the Ethereum Virtual Machine (EVM), a virtual machine that runs smart contracts […]

SYDNEY, Australia, Tuesday, April 23, 2024 –  The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against three blockchain mining companies accused of operating without a license and violating financial regulations. ASIC alleges that NGS Crypto, NGS Digital, and NGS Group promoted blockchain mining packages with fixed-rate returns to Australian investors, potentially leading […]

Tortola, British Virgin Islands, Monday, March 4, 2024 – The Avalanche blockchain, a popular platform for decentralized applications (dApps), came back online at approximately 11:30 AM ET on March 4, 2024, following a five-hour outage that began at 6:30 AM ET the same day. The network stoppage disrupted transactions and applications built on Avalanche. The […]

Minsk, Belarus, Wednesday, February 14, 2024 – The central bank of Belarus, the National Bank of Belarus (NBB), confirmed plans to launch a blockchain-powered central bank digital currency (CBDC), the “digital Belarusian ruble (DBR),” by 2026. The move comes amidst ongoing economic constraints following Western sanctions imposed due to the Ukraine war. However, analysts caution […]

In a move to bolster the European Union’s (EU) blockchain infrastructure and foster innovation in the digital realm, Belgium has taken the initiative to revitalize the European Blockchain Services Infrastructure (EBSI) project. This initiative aligns with the country’s presidency of the Council of the European Union, which commences in early 2024. The EBSI project, launched […]

Tech entrepreneur and Shark Tank billionaire Mark Cuban recently expressed interest in the potential of blockchain technology to transform real estate development. “So, you are saying you will have written a smart contract on a ZK L2 which will check for a construction permit being issued, which in turn will create and send me an […]

New York, NY, Monday, January 22–Leading cryptocurrency exchange Binance announced today its support for Ondo Finance (ONDO), a newly launched project aiming to bridge the gap between traditional finance (TradFi) and the crypto ecosystem by tokenizing real-world assets (RWAs) like short-term bonds and US Treasuries. The project, led by former Goldman Sachs executives Justin Schmidt […]

NEW DELHI, India, October 4, 2023 – Leading cryptocurrency derivatives and copy trading platform Bitget today announced its plans to invest in Indian blockchain startups. The investment will be made through the platform’s Blockchain4Youth (B4Y) initiative, a $10 million Web3-focused project that aims to support and empower young people in the blockchain industry. Bitget’s investment […]

Singapore, Monday, January 22, 2024 – Web3 trading platform Bitget Wallet, formerly known as BitKeep, has launched a new inscription ecosystem called GetScribe, aiming to simplify access to omnichain inscriptions for users and developers. With this launch, Bitget Wallet strengthens its focus on Web3 technology and accessibility. GetScribe provides a range of key features to […]

What exactly is a Blockchain Bridge? Blockchain, by nature, is closed off and exists as an isolated ecosystem. This is a major bane for the development of the blockchain industry as a whole, as it prevents the pooling of resources and achieving synergy. Imagine a blockchain bridge as a virtual connection that allows different blockchain […]

The Importance of Blockchain in Financial Services In an era where the financial industry handles trillions of dollars daily, the need for transparency, security, and cost-efficiency is paramount. Blockchain addresses this challenge by streamlining banking and lending services, reducing counterparty risk, and minimizing issuance and settlement times. Blockchain, a secure and transparent method of recording […]

Decentralized, distributed, and immutable… are probably not the first three words that pop into your head when you think about video games, but they are the core fundamentals of Blockchain. Blockchain is a decentralized, distributed, and immutable digital ledger system. It is the underlying technology behind cryptocurrencies and NFTs (Non-fungible tokens). So, what does a […]

Wednesday, May 29, 2024 – $988 million in investments in the blockchain gaming sector in April remarkably hit a new record since January 2021, the DappRadar games report said in April 2024. According to the report, with the beginning of the second quarter of 2024, the gaming sector in blockchain platforms has surpassed the entire […]

WASHINGTON, DC Wednesday, December 6, 2023:  JPMorgan Chase CEO Jamie Dimon reignited his long-standing feud with cryptocurrency, stating he would “close it down” if he held the reins of government. Dimon, who is noted for his vocal criticism of Bitcoin and other digital currencies, doubled down on his skepticism, questioning the legitimacy of the entire […]

What is a Blockchain Oracle? Those who enjoy Greek mythology should be familiar with “Oracle.” Just like the oracles mentioned in ancient texts acted as a bridge between divine wisdom and the real world, blockchain oracles bridge real-world data to blockchain networks. In other words, oracles are lines of code that allow on-chain and off-chain […]

Blockchain has proven to be a revolutionary technology that has the potential to change the way we live and do business. It’s a decentralized, immutable, distributed, public ledger of transactions containing digital records which are grouped together in blocks and then linked together to form a chain. This makes it possible for multiple parties to […]

November 27, 2023- Blockchain.com, a leading cryptocurrency exchange and wallet service provider, announced on November 14 that it had raised $110 million in a new funding round led by UK-based Kingsway Capital. The round also included participation from existing investors Baillie Gifford, Lakestar, Lightspeed Venture Partners, and Coinbase Ventures. The new funding comes as the […]

Singapore, November 15, 2023 – BlockSec, a leading Web3 cybersecurity firm, today announced the launch of Phalcon, the world’s first Web3 crypto hack blocker. This groundbreaking software will help protocol teams prevent hacks and protect their users from financial losses. Phalcon’s technology uses a variety of techniques for real-time detection and prevention of attacks. These […]

MOSCOW, Tuesday, March , 2024 – The BRICS group of nations (Brazil, Russia, India, China, and South Africa) is exploring the creation of an independent payment system utilizing blockchain technology and digital currencies, according to a Kremlin press release issued on March 5, 2024. The initiative aims to develop a secure, efficient, and user-friendly system […]

Dubai, Tuesday, June 11, 2024 – The June 6 announcement by Bybit, a major cryptocurrency exchange, has sparked widespread speculation that China might be softening its stance on cryptocurrencies. This has created a buzz in the crypto markets, further fueled by renowned author Robert Kiyosaki’s prediction that Bitcoin could reach $350,000 by August 2024. Kiyosaki, […]

ZURICH Tuesday, June 18, 2024 – The Cardano blockchain network, known for its focus on peer-reviewed development, is nearing a critical milestone with the upcoming June hard fork, according to a post on Platform X by Charles Hoskinson, co-founder of Input Output Global (IOG), the company behind Cardano. This upgrade, dubbed the “Chang fork,” will […]

Dover, DE, Tuesday, April 09, 2024- ChainGPT, a company offering AI-powered Web3 infrastructure, has launched a $1 million grant program to bolster innovation at the intersection of artificial intelligence (AI) and Web3 technologies. Web3 refers to a decentralized version of the internet built on blockchain technology, while AI encompasses intelligent machines that can learn and […]

Brussels, August 31, 2023: Global interbank messaging service provider Swift announced that its experimental operation using blockchain technology based on the Cross-Chain Interoperability Protocol CCIP of Chainlink was a success. The Swift CCIP Chainlink experiment started in June 2023. It was announced in a press release on June 13, 2023, and the results were announced […]

Wednesday, May 29, 2024 – Chainstack, the blockchain infrastructure provider, secured an investment of $6 million from SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures, a media announcement dated May 16, 2024 said. The co-product offerings, client usability, and automation will be regarded as aspired sections to enhance with the investment, […]

Beijing, Monday, March 4, 2024 – Chinese authorities are intensifying their efforts to combat a surge in cybercrimes facilitated by blockchain technology and metaverse projects, according to the Supreme People’s Procuratorate (SPP), the country’s highest prosecutorial body. The Supreme People’s Procuratorate (SPP) reported a significant rise in cybercrimes committed using these emerging technologies. Deputy Prosecutor-General […]

Boston, Wednesday, April 24, 2024 – Circle announced its USD Coin expansion of ETH-based zkSync on April 9, a post on X said. Apart from zkSync, 16 native blockchain networks, including Solana, Base, and Ethereum, will be supported. “Many leading ecosystem apps and DeFi protocols are expected to support native $USDC on zkSync for payments, […]

DAVOS, Switzerland, Monday, February 19, 2024 – Global financial technology firm Circle released its second annual State of the USDC Economy Report on January 15, 2024, titled “Welcome to the Era of Open Money.” The report paints a picture of significant growth and adoption for USDC, a regulated stablecoin pegged to the US dollar. Circle […]

New York, Thursday, February 29, 2024 – Global leader in wealth management, Citi announced on February 14, 2024, the completion of the proof-of-concept on tokenization of private funds in collaboration with Wellington Management and WisdomTree. The proof-of-concept was carried out by the Avalanche Spruce. It was identified that smart contract capabilities could facilitate buy and […]

SAN FRANCISCO, Friday, June 28, 2024- Cryptocurrency exchange Coinbase is suing the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) after both agencies denied requests for public records, the company announced Thursday. “Coinbase, Inc., the largest digital-asset trading platform in the United States, retainedHistory Associates Incorporated to submit Freedom of […]

SAN FRANCISCO, Tuesday, May 14, 2024– Leading U.S. cryptocurrency exchange Coinbase is experiencing a widespread service outage, impacting users on both desktop and mobile platforms, Coinbase Support according to a post by Coinbase on Platform X. The outage began at 4:15 UTC (12:15 EDT) on May 14, according to a message posted on Coinbase’s status […]

What is the Cosmos Hub and How Does it Work? The Cosmos Hub aims to become the internet for blockchain, which is expected to lead to the widespread use of blockchain technology. It is an open-source project to connect various blockchains to create a faster, interoperable, scalable, and low-fee hub. The Cosmos Network ecosystem is […]

Washington, Friday, June 28, 2024-President Joe Biden and presidential candidate Donald Trump did not discuss cryptocurrency during their 90-minute debate on Thursday, despite significant contributions from crypto lobbyists.((cointelegraph.com: Many crypto enthusiasts and investors expected crypto would be one of the highlight points in the Trump-Biden debate. The June 27 debate, hosted by CNN, covered topics […]

Thursday, March 14, 2024: According to DefiLlama data, several cryptocurrency startups invested $486 million in February. It was an increase of 5.3% from the previous month and was the highest investment in the last quarter. “The venture capital company, A16z, had invested the month’s highest investment in a crypto startup, investing $100 million into EigenLayer […]

BRUSSELS, Belgium, November 14, 2023 –The European Parliament voted to approve the Data Act on November 9, a controversial piece of legislation that includes a provision allowing regulators to terminate Smart Contracts. Stored on a blockchain, smart contracts are contracts that execute automatically upon predefined conditions. They can be used to automate a wide range […]

In an era defined by digital connectivity, the metaverse stands as a testament to the power of shared passions. But what if I tell you that this concept can be elevated further? Enter the decentralized metaverse. Imagine an expansive universe where creativity knows no bounds and where ownership and control belong to the community, not […]

Imagine a market where you usually go to buy groceries. Multiple vendors will sell different types of goods, and they may have their own union or a local government body to regulate and oversee operations. Each vendor has their own prices, supplies, reputation, and quantity. What if there was a marketplace for digital assets where […]

Blockchain oracles are a vital part of blockchain infrastructure that has and continues to connect Web3 with the physical world. Blockchains are closed off by nature and can only access native on-chain data, severely limiting their scope of use and functionality. To overcome this challenge, decentralized oracle networks (DONs) provide a decentralized and trustless mechanism […]

Cryptocurrencies are digital or virtual currencies that rely on cryptographic systems for their operation. They offer a means of conducting secure online transactions without the need for intermediaries such as banks or payment processors. Every single transaction made in the realm of crypto is meticulously recorded on distributed, tamper-proof ledgers called blockchains. Imagine a giant, […]

San Francisco, California, September 19, 2023: The decentralized finance (DeFi) protocol Balancer faced another security breach, with approximately $238,000 worth of crypto stolen on September 19, 2023. Balancer announced the attack on X, advising users not to interact with the protocol. The specific details of the attack are still under investigation, but it is believed […]

FRANKFURT, Germany, Thursday, January 18, 2024 – Deutsche Börse, the German stock exchange operator, said on January 10 that it had finalized its acquisition of FundsDLT, a Luxembourg-based blockchain platform for end-to-end fund issuance and distribution, the Deutsche Börse Group said in a media communiqué. The deal, finalized after regulatory approval, marks Deutsche Börse’s strategic […]

Introduction You may have heard about cryptocurrencies such as Bitcoin and Ethereum, but have you ever wondered where your cryptocurrency is stored? We have bank accounts to store credit or debit transactions of fiat money. Like that, do we have anything for cryptocurrency? Yes, they are called crypto wallets. Some may say we have stored […]

DUBAI, UAE, Wednesday, January 17- Dubai, the up-and-coming tech hub of the Middle East, prepares to host the Global Blockchain Show (GBS) Dubai on April 16–17, 2024, a media report said. It said that the event promises to convene a diverse gathering of Web3 specialists, industry leaders, and curious minds eager to explore the transformative […]

DUBAI, United Arab Emirates, Tuesday, March 26, 2024- The 29th edition of the World Blockchain Summit is set to convene in Dubai on April 22–23, 2024, aiming to solidify the region’s position as a global hub for blockchain innovation, an Accesswire press release said on March 17. Organized by Trescon and co-hosted by Sun Minimeal, […]

Staking enables cryptocurrency holders to generate passive income from their digital assets while retaining ownership without the need to sell them. When you start crypto staking, you lock up your digital assets to lend a hand in the operation & security of the blockchain network. You will receive income in the form of percentage-based yields […]

Ethereum is one of the most popular cryptocurrencies. It has been around for a while but has seen massive growth in 2017. Whether you’re just getting acquainted with it or are a seasoned pro, there’s a lot you probably don’t know about it. To help clear up some common misconceptions, we will go over what […]

NEW YORK, Wednesday, June 19, 2024- The U.S. Securities and Exchange Commission (SEC) said in a letter that it had concluded its investigation into Ethereum, the world’s second-largest Cryptocurrency yesterday. The move removes the cloud of uncertainty surrounding Ethereum’s regulatory status as a security. The news, announced by blockchain software company ConsenSys on Tuesday, was […]

Consider a mobile operating system seamlessly integrated with the Ethereum blockchain. This mobile OS grants access to the decentralized web, facilitates cryptocurrency transactions (both sending and receiving), enables the creation and trading of NFTs, and ensures confidential and secure user communication. The Ethereum Mobile OS is an open-source project designed to harness Ethereum’s potential for […]

BRUSSELS, Monday, April 20, 2024 – In a move welcomed by cryptocurrency enthusiasts, the European Parliament’s economic and civil liberties committees have scrapped a proposed €1,000 (approximately $1,080 USD) limit on crypto transactions from self-hosted wallets. The proposal was part of a broader Anti-Money Laundering (AML) regulation package being debated by the European Union (EU). […]

We live in a digital era where the internet has become an essential part of our lives, connecting us with people worldwide. However, while seven out of ten people on the planet have internet access, millions remain unconnected. So how can we connect the rest? This a question that almost every network provider has been […]

Introduction to Midnight Cardano Project Web 2.0 introduced a new era of communication, which enabled global communities to better interact and share information with each other. However, consequently, the risk of data loss, manipulation, and misuse has increased drastically due to weak regulatory systems. With the introduction of Web 3.0, many users expected direct solutions […]

In the era of Web 3.0, we are exploring the use of Blockchain technology and have witnessed the advancements of Smartphones; what if both worlds merge? Similar to an Android or iPhone, web 3.0 phones can be loaded with native dApps, be used as a wallet, create Non-Fungible Tokens, and many more endless Web 3.0 […]

London, UK, Tuesday, April 23, 2024 – Ernst & Young, the global professional services firm, unveiled on April 17 a new blockchain-powered solution called EY OpsChain Contract Manager (OCM) designed to streamline and secure complex business agreements. In a media release, EY said that the OCM helps businesses execute multi-party contracts while maintaining confidentiality, improving […]

NEW YORK, Tuesday, May 28, 2024 – A new report by cryptocurrency data aggregator CoinGecko sheds light on the transaction processing speeds of the largest blockchain networks. The study, released in May 2024, reveals a surprising trend: established giants Bitcoin and Ethereum fall outside the top 15 fastest blockchains. CoinGecko’s analysis examined the actual and […]

NEW YORK, November 28, 2023 — In a move that marks a significant shift in list-making, Forbes is placing its prestigious Under 30 list on the Ethereum blockchain, a secure and immutable platform that will enhance transparency and accessibility while safeguarding against manipulation. This decision by Forbes is seen as an acknowledgement and increasing recognition […]

NEW YORK, Thursday, January 18, 2024- Facing a rise of misinformation and deepfakes, FOX Corporation has teamed up with blockchain platform Polygon to launch “Verify,” a new tool designed to verify the origins and history of digital content, Polygon said in a press release on January 9. Verify says it leverages Polygon’s Proof-of-Stake (PoS) blockchain […]

NFTs are unique digital assets that confirm ownership and authenticity of data. Unlike interchangeable cryptocurrencies like Bitcoin and Ethereum, where any two coins are identical to each other, NFTs are not exchangeable. NFTs have gained popularity in various sectors, from Art to Virtual Real Estate. NFTs are created using blockchain systems like Ethereum and Binance […]

Sometimes all you need is a good game to get away from mundane life, and is there anything better than a free-to-play game? Well, of course, a free-to-play blockchain game fits the bill perfectly. In this article, we will be exploring what blockchain games are and some popular free-to-play titles that anybody can enjoy! What […]

Frankfurt, Monday, February 12, 2024 – Germany’s financial regulator, BaFin has granted regulatory approval to Neutral and DLT Finance for their blockchain-backed carbon credit exchange. “Neutral, a technology company building market infrastructure for environmental assets, and DLT Finance, a BaFin-licensed trading and brokerage firm, have partnered to launch the first regulated trading platform for tokenized […]

NEW YORK, NY Monday, April 1, 2024 – Goldman Sachs is reporting a resurgence of interest in cryptocurrency options trading among its hedge fund clients, according to a recent interview with Max Minton, the bank’s Asia Pacific head of digital assets. Minton attributes this renewed interest to the recent approval of cryptocurrency exchange-traded funds (ETFs) […]

Wireless networks have become an essential part of our daily lives. With the daily increasing demand and usage of IoT devices, there is a requirement for a reliable and secure wireless network that can support these devices. That is where Helium comes into play. In this article, we will explore the Helium Future Wireless Network, […]

New York, Thursday, March 21, 2024 – Hivemind Capital Partners announced on March 13, 2024, the launch of the Digital Culture Fund, a collection of well-shaped generative art and digital culture that would highlight digital art trends. Institutional investors would be given this novel experience to unite with the surging market. It is reported that […]

Hong Kong October 24, 2023: Hong Kong-based crypto venture capital firm CMCC Global said on October 4 said it had raised $100 million to support Asian blockchain startups. The fund, called Titan Fund, has already made five investments, with two going toward Hong Kong-based projects. Titan Fund’s inaugural funding round garnered substantial interest from 30 […]

Avalanche platform Avalanche is a heterogeneous blockchain network that rivals Ethereum. It’s well known because of its scalable solutions, interoperability, and transaction speeds. It can process about 4,500 transactions per second. whereas Ethereum can only process about 30 transactions per second. It uses a novel approach utilizing three separate blockchains under its primary chain to […]

London, November 21, 2023-  HSBC has announced that it will be launching storage services for tokenized securities. The service will be offered to institutional clients and will be available in 2024. The service will be provided in partnership with Metaco, a Swiss digital asset custody firm. HSBC is the latest major bank to enter the […]

London, November 28, 2023- In a landmark move, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have announced a collaboration to explore the potential of tokenization in streamlining and enhancing their operations. This marks the first time these three cornerstone institutions have joined forces to venture into the […]

New York, September 8: ConsenSys, which owns Infura, said on its website that Infura would release a decentralized version of its service by the end of 2023. This decentralization would be operated by multiple entities, making it resilient to outages. Infura is a blockchain infrastructure-as-a-service (IaaS) platform that provides developers with access to Ethereum and […]

PoH is a newly developed consensus mechanism engineered by Anatoly Yakovenko, the founder of Solana Labs. Solana’s PoH is all about making sure that in a blockchain, the order of events matters as much as the events themselves. To do this, it uses a tool called Verifiable Delay Function (VDF) to record when each event […]

Until a few years ago, Artificial Intelligence or AI felt like something only in the movies or something that won’t come around anytime soon. But unbeknownst to the general public, there has been major research and development in the field of AI. The research mentioned above has come to fruition and taken the digital world […]

London, Wednesday, April 24, 2024 – Intent-Centric dApps and chains empowering network, DappOS announced on March 28 the completion of the $15.3 million Series A round led by Polychain, a post on X said. The funding round was led with the collaboration of leading blockchain investors such as Flow Traders, NGC Ventures, Bing Ventures, Capital […]

M2 calculates the money supply in the United States. It shows a record of increasing 40% since January 2020. What do you think about this, and do you know why this happened? This happened because when currencies do not have clear regulations around the total supply cap, the ruling government will print the money according […]

Understanding L2 Blockchains and Their Importance  Layer 2 blockchains (L2 Blockchains) are a method to improve the scalability and performance of blockchains without sacrificing their security or decentralization. This is done by offloading some of the computational and transactional load from the primary blockchain, Layer 1, to a secondary layer. This makes it possible to […]

TEL AVIV, Israel, Monday, March 18, 2024 – An Israeli cryptocurrency exchange is set to launch the country’s first-ever stablecoin pegged to the Israeli shekel, according to a company statement. The stablecoin, named BILS, will be issued by Bits of Gold, a Tel Aviv-based crypto financial services company. BILS will be backed by an equivalent […]

Monday, February 12, 2024 – JPMorgan Chase is actively exploring the role of blockchain technology in financial transactions through its dedicated platform, Onyx. Launched in 2020, Onyx serves as an authorised blockchain platform specifically designed for the wholesale payments sector. It facilitates secure and efficient cross-border transactions, offering advantages like reduced counterparty risk and faster […]

SINGAPORE, Oct. 30, 2023: Singapore-based Astar Network and Startale Labs on Tuesday, October 24, that they have partnered with Japanese telecom giant KDDI to explore new business opportunities in blockchain technology and Web3 applications. The partnership will focus on developing innovative customer experiences in KDDI’s “αU” market, which includes Web3 services such as “αU market” […]

The Power of LinkedIn and Microsoft Entra Collaboration When you meet a professional contact for the first time online in the digital age, you need more trust indicators to boost your confidence that they are who they claim to be. Recruiters and professionals have long struggled with the difficulty of workplace verification. Inaccurate or false […]

Lisbon, Portugal – November 10, 2023 – The Human Protocol Foundation will be hosting a two-day event called Newconomics on November 14-15, 2023, in Lisbon, Portugal. The event will bring together top tech leaders to discuss the future of economies through the integration of Web2 and Web3 technologies. Human Protocol is a decentralized work platform […]

LONDON, Monday, May 27, 2024- The London Stock Exchange (LSE) will commence trading for exchange-traded notes (ETNs) based on Bitcoin (BTC) and Ether (ETH) tomorrow Tuesday, May 28, 2024. It is important to note that participation in this market will be limited to professional investors. The London stock Exchange announced in March. The move follows […]

New York, NY Monday, August 15 – The Metropolitan Museum of Art (MET) is expected to launch a new experience in late 2023 in the Metaverse. According to reports, this would be in partnership with Roblox, a popular online gaming platform launched in late 2003. The Museum of Modern Art (MoMA), the Guggenheim Museum in […]

The verification of ownership of any physical or digital asset is essential for the legitimacy of financial and non-financial transactions. Conventionally, the authentication process for these assets has been documented on paper or digitalized into a central database, which is often inefficient and exposes them to fraudulent documentation processes. NFTs have given creators the opportunity […]

Hong Kong, Thursday, April 18, 2024 – Moongate, the blockchain-based technology company, ended their $2.7 million seed round on April 2, 2024, as reported on X. The seeding round was conducted to create the Modular Web3 Engagement Layer for Real-World Activations. The funding round was led by CMCC Global’s Titan Fund in collaboration with several […]

Austin, Texas, Saturday, August 5: Tesla CEO Elon Musk today denied plans to launch a cryptocurrency, dispelling rumors that his company X (formerly Twitter) had already done so. In a Tweet on August 5, Musk, in response to another post, said, “And we never will.” Following a cautionary message from a user known as Doge […]

NEAR Foundation is an organization focused on supporting the social process as part of a redistributed system. As time passes, the mission of NEAR is to continue expanding as more resources will be made available through ecological and local financial resources. NEAR’s Vision of the Future: The foundation aspires to nurture the ecosystem’s development by […]

Tokyo, Monday, April 15, 2024 – South Korean gaming giant Nexon Korea Corp. expanded its presence in the online gaming industry in the United Arab Emirates (UAE) last year, a report said on Sunday, March 24. Since the Middle East is known as the hub of cryptocurrencies and Web3 games, Nexon is dedicated to delivering […]

Beijing, China, Monday, November 13- On November 10, 2023, the Chinese government unveiled intentions to safeguard non-fungible tokens (NFTs) as virtual assets. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s top internet regulator. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s […]

Have you ever wondered what owning an authentic art piece in a virtual world would be like? Questions like “How would you claim ownership?” or “How would you validate your ownership?” would immediately pop into your mind. The concept of ownership and authenticity in the digital world is complex. In the physical world, claiming ownership […]

LAGOS, Nigeria, June, Thursday 27, 2024 – Nigerian authorities have issued a 30-day deadline for cryptocurrency companies operating in the country to re-register under a new regulatory regime. The Securities and Exchange Commission (SEC) announced the directive on Thursday, aiming to bring greater oversight to the growing cryptocurrency industry in Nigeria. Details regarding the specific […]

Los Angeles, California, Wednesday, March 20, 2024 –Nirvana Labs, a blockchain technology startup, has said that it has introduced Nirvana Cloud, a cloud computing service specifically designed for blockchain workloads. This launch positions Nirvana Cloud as a competitor to established cloud giants like Amazon Web Services (AWS) and Google Cloud Platform (GCP), which dominate the […]

New York, Monday, March 18, 2024 –NORQUE, a new player in the blockchain space, is making bold claims about transforming the landscape of blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). NORQUE, a recently launched project, promises to revolutionize the interaction between blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). Details regarding NORQUE’s […]

Hong Kong, Tuesday, January 30- The Annual WikiFinance Expo Hong Kong will be held on May 17, 2024, at Sky100, Hong Kong, WikiFinace’s website announced recently. Registrations are still open. The annual event will cover Fintech, Blockchain, Crypto, Web 3.0, Metaverse, NFT, GameFi, and AI. More than 3,000 participants are expected, while more than 50 speakers […]

Thursday, June 6, 2024 – New York Stock Exchange (NYSE) president Lynn Martin expressed openness to offering cryptocurrency trading but highlighted the lack of clear regulations in the US as a major hurdle. She made these comments during a discussion at Consensus 2024 in Austin, Texas. The gathering of the $58 billion of assets in […]

Japan, Wednesday, February 21, 2024 – Oasys, the gaming-optimized blockchain, announced on February 13, 2024, their affirmation of the partnership with Com2uS, the leading Korean game developer, and its subsidiary company, XPLA, marking a notable step forward in broadening the Web3 in the gaming market in Japan. “Within the first six months of the year, […]

San Francisco Wednesday, January 17, 2024 – Ondo Foundation, a decentralized investment platform dedicated to bridging traditional finance with decentralized finance (DeFi), has introduced ONDO Points and a token unlock plan. The goal is to encourage community participation and establish a robust governance structure. ONDO Points serve as a gateway to governance, allowing users to […]

Islamabad, Pakistan, Tuesday, January 9, 2024– Pakistan recently adopted a blockchain-based Know Your Customer (KYC) platform for its financial institutions, a move aimed at enhancing efficiency and security, news reports said. Developed by Avanza Group in collaboration with the Pakistan Banks’ Association (PBA), the platform, known as “Consonance,” offers advantages over traditional KYC methods. Consonance […]

Switzerland, Saturday, April 20, 2024 –The Web3 blockchain network Polkadot reached another milestone by expanding its user addresses to over 600,000 in March, resource reported. The allocation of 248,000 of the 605,000 addresses was assigned to the smart contract platform for building cross-chain applications, Moonbeam, according to the source. 191,000 addresses were created directly on […]

Basics of Polkadot and its Significance Polkadot could be considered a technology that stands out as a breakthrough in the rapidly developing field of blockchain technology. It is an open-source project that is developed and maintained by a community of contributors. The project is governed by the Web3 Foundation, the non-profit organization founded to promote […]

LONDON, Oct. 30, 2023 – Parity Technologies, the company behind the Polkadot blockchain, is cutting 30% of its workforce, or about 100 employees, amid a widespread wave of layoffs across the crypto industry, a news report said last week. The staff layoffs come as part of Parity’s effort to shift its focus back to its […]

Understanding Privacy Blockchains and Their Role in Data Security Data security is a top issue for both individuals and corporations in the modern digital era. Privacy Blockchains, or privacy-focused blockchains, are one new technology that could be considered a possible solution to this problem. Blockchains for privacy are decentralized networks that protect the integrity and […]

SIM (Subscriber Identity Module) cards were first introduced in the year 1991 by Munich smart-card maker Giesecke+Devrient. They remained relatively unchanged with respect to their functionality, with only their size getting smaller every couple of years, to the point where physical SIM cards are going extinct in favor of E-SIM technology. However, SIM cards have […]

TBILISI, Georgia, Monday, June 17, 2024 – Financial technology firm Ripple met with representatives of the National Bank of Georgia (NBG) on June 8 to explore avenues for digitizing the country’s economy, according to a LinkedIn post from the NBG. The meeting involved NBG Acting Governor Natia Turnava and Varlam Ebanoidze, head of the bank’s […]

Shanghai, China, Wednesday, March 20, 2024 – China and Russia have announced their decision to abandon the US dollar, according to a joint statement released by the countries on March 5. They said that they were considering a blockchain-based payment system in its place. The type of blockchain upon which the prospective payment method would […]

Introduction to Sands Metaverse Gaming Platform The winds of gaming are shifting, transporting us past pixelated screens and into the vast expanse of the metaverse. This rich, interwoven network of virtual worlds promises to transform not only how we play, but also how we create, interact, and own in the digital sphere. In this fascinating […]

New York, Thursday, December 7– SBI Holdings of Japan and Saudi Aramco of Saudi Arabia, announced significant investments in Ripple Labs, the blockchain technology company best known for its payment protocol, RippleNet. The move is seen as a major validation for Ripple and its ambitions to revolutionize cross-border payments and asset transfers. However, the details […]

NEW YORK, Tuesday, January 16, 2024 – Shytoshi Kusama, the primary developer of the widely-known meme cryptocurrency Shiba Inu, unveiled the introduction of the .SHIB domain on Wednesday, January 10. This initiative aims to enhance Web3 interoperability and foster a more integrated ecosystem for projects associated with SHIB. “We’re partnering with @ShibToken to apply for […]

Panama, Thursday, May 9, 2024 – The Shiba Inu funding round, spearheaded by Cypher Capital, concluded with a $12 million investment aimed at implementing the Fully Homomorphic Encryption (FHE) blockchain, as revealed in an announcement on April 23, 2024, shared via a post on X. VC partners, such as Animoca Brands, DWF Ventures, and Polygon […]

Singapore, Friday, October 6 — The Web3 Gaming Summit, a two-day event that brings together stakeholders in the gaming and blockchain industries, will be held on October 11, 2023, at 9:30 (UTC+8) at the Marina Bay Sands Hotel in Singapore. The Web3 Gaming Summit is being organized by the Asian Blockchain Gaming Alliance (ABGA) and […]

SINGAPORE, Tuesday, January 23, 2024- Blockchain development company SkyArk Studio , announced recently that it had secured $15 million in a Series A funding round led by cryptocurrency giant Binance Labs. The funding round, which also saw participation from prominent venture capital firms Draper Dragon and NGC Ventures, is expected to boost SkyArk Studio on […]

In the world of cryptocurrencies and blockchain, terms like smart contracts are becoming increasingly common. But what exactly are they? A smart contract is a digital protocol designed to facilitate, verify, or enforce the negotiation or execution of a contract using computer software or algorithms. It can be programmed with the rules and logic governing […]

Paris, France, Wednesday, December 6, 2023: In a surprising move for the financial industry, Societe Generale, the leading French bank, has become the first major institution to list a Stablecoin on a public exchange. The digital asset, dubbed EUR CoinVertible (EURCV), tracks the value of the euro and trades on Bitstamp, a Luxembourg-based crypto exchange. […]

Paris, France, Tuesday, December 18, 2023 – In a first for the financial industry, Societe Generale, the French banking giant, issued a €10 million green bond directly on a public blockchain on Monday, December 4. This move, a three-year senior preferred unsecured bond, utilizes Societe Generale’s dedicated blockchain platform, SG-Forge, and registers the bond on […]

NEW YORK, NY, January 2, 2024 – The Solana blockchain, once closely associated with the now-defunct FTX exchange, is witnessing a notable resurgence, according to market reports last week. However, despite the recent upswing, analysts maintain a cautious stance. Reports said that fueled by the surging value of its native token, SOL, Solana has captured […]

San Francisco, Thursday, April 18, 2024 – Solana Blockchain interrupted its crypto projects due to the periodic congestion on the platform, source reported recently. It is noted that new projects like the Non-Fungible Token (NFT) projects of Suit Up, DuckCoin, and Surge Finance, the staking reward platform of Solana, would be postponed until the issues […]

In today’s world of digital currencies, Solana stands out as a strong option for those looking beyond Ethereum’s limitations. Unlike Ethereum, Solana tackles the issue of scalability with its unique Proof of History (PoH) and Proof of Stake (PoS) consensus mechanisms, which add timestamps to its blockchain, making transactions much faster. For example, Solana’s network […]

Shenzhen, China, October 12, 2023: Social media app Stars Arena has recovered 90% of the funds that were exploited in a recent hack, according to a statement from the company on Wednesday. Stars Arena said that it was able to recover the funds through negotiations with the attacker. The company did not disclose the amount […]

Dubai, March 6, 2024 – Sui, the layer 1 blockchain platform, emerged victorious at the AIBC Eurasia Awards held during the second edition of the AIBC Eurasia conference in Dubai on February 25, 2024. The award recognizes Sui’s position as a leading blockchain solution and its significant growth since its Mainnet launch in 2023. The […]

From the beginning, efficiency and scalability were the two major issues raised over the Bitcoin blockchain network. ‘SegWit,’ also known as “Segregated Witness,” is a soft fork utilized in the Bitcoin blockchain to increase the number of transactions that can occur simultaneously. This update was referred to as the Civil War since there were many […]

New York, NY January 30, 2024 – Terraform Labs, the company behind the cryptocurrency Luna and stablecoin TerraUSD (UST), filed for Chapter 11 bankruptcy in the United States District Court for the District of Delaware on Sunday, January 21. Details of the filing can be seen here. Terra was a blockchain payment platform designed for […]

Thursday, June 20, 2024 – The price-stable crypto operating company Terraform Labs announced its termination of operations, selling its projects Pulsar Finance, Station Wallet, and Enterprise DAO within the Terra blockchain protocol, according to Chris Amani, the CEO of Terraform Labs. “TFL always intended to dissolve at some point and that point is now. We […]

New York, Monday, January 22, 2024 – In response to a recent United Nations (UN) report that alleged Tether’s involvement in illicit activities, the Stablecoin issuer has expressed disappointment, contending that the assessment disproportionately focuses on such allegations while neglecting the positive impact of USDT on emerging markets. The United Nations Office on Drugs and […]

Hong Kong, Thursday, March 21, 2024 – Tether, the blockchain-enabled platform, announced on March 7, 2024, the signing of a Memorandum of Understanding (MOU) with the National Agency of Prospective Projects (NAPP) implementing the crypto regulations in the Republic of Uzbekistan, focusing on country’s betterment. This new venture aims at Uzbekistan’s development and adoption of […]

Hong Kong, Wednesday, May 1, 2024 – Tether, the digital asset company, has announced their collaboration with Coins.ph, a digital asset exchange regulated by the Philippines’ Central Bank, on April 10, 2024. The collaboration aims to pave the way for educating the Philippine community on blockchain technology. “This collaboration aligns with our mission to make […]

Blockchains are a revolutionary technology that creates a new era of secure digital transactions. The blockchain is composed of multiple layers, each responsible for different aspects of the blockchain. Layer zero is the foundation layer responsible for the core functionalities of the blockchain. It is responsible for the consensus mechanism, governance, and incentive structure. Uncovering […]

What exactly are Bitcoin Ordinals? Bitcoin Ordinals are Satoshis that have been ordered by giving them a serial number based on the order in which they were mined. “Satoshis”, which is derived from the pseudonym that is used to identify the person/s that developed Bitcoin, are the smallest denomination of Bitcoin, which contains an equivalence […]

San Francisco, CA, December 18, 2023 – Blockchain development platform Thirdweb recently announced in its blog post that it had disclosed and patched a critical security vulnerability affecting its own pre-built smart contracts and potentially impacting others across the web3 industry. It said that the vulnerability, discovered in November, was addressed quickly with a user-assisted […]

Thursday, April 25, 2024 – The Open Network, TON Blockchain, launched a new venture on April 16, introducing Memelandia, a Web3-based cultural hub for meme coins and community tokens, announced in a post on X. Due to the rare use of meme coins in the crypto space, TON is paving the way to boost memecoins, […]

George Town, Tuesday, April 16, 2024 – The Open Network Foundation (TON), on March 20, 2024, announced its allocation of 30 million Toncoin (TON) tokens aimed at community rewards, according to Binance. The allocation would be worth $115 million, according to the resource. The incentives will be issued under four categories. Token mining and user […]

NEW YORK, Tuesday, May 28, 2024 – The TON blockchain said it experienced a surge in user adoption, onboarding over 1 million users within a 30-hour window, according to a May 16, 2024, announcement by the TON Foundation. This significant growth coincided with the launch of the “Notcoin” token, a Telegram-based gaming token utilizing the […]

Understanding Meme Coins To understand what meme coins are, we first have to understand what a meme is. Memes have been a pivotal part of internet culture long before the boom of crypto. Memes can be images, videos, GIFs, iconic lines from pop culture, and much more. Memes are often used jokingly or to express […]

Geneva, Wednesday, March 20, 2024 – TRON DAO would work with Amazon Web Services (AWS) facilitating an inclusive TRON Full Node for users and developers, TRON DAO said on March 13, 2024. It is aimed at lowering the entry permission to the TRON network, offering a more efficient decentralized ecosystem in the blockchain industry. The […]

ANKARA, Turkey, Thursday, June 27,2024- – Turkey’s parliament passed a new cryptocurrency bill on Thursday, introducing regulations for the industry alongside potential penalties for violations. The legislation establishes a framework for licensing and overseeing cryptocurrency service providers within the country. It also outlines penalties for non-compliance, including prison sentences and hefty fines. Individuals or entities […]

Singapore, March 19, 2024 – XPLA, the layer 1 blockchain, announced on March 8, 2024, its collaboration with Ubisoft, a video game creator and publisher company, as the node validator. The new step would expand the blockchain technology through the XPLA innovation lab, as it is aimed at widening technological opportunities. It is reported that […]

Singapore, Thursday, November 30– The United Nations Development Programme (UNDP) has announced a partnership with the Algorand Foundation to equip over 22,000 UNDP employees globally with comprehensive knowledge and practical skills in blockchain technology. The partnership aims to leverage the transformative potential of blockchain for sustainable development and accelerate the implementation of the UN’s Sustainable […]

Understanding Uniswap Uniswap is a unique form of exchange that employs the Automated Liquidity Protocol, an innovative concept in the crypto and blockchain field. Uniswap was developed in 2018; the platform offers interoperability across all ERC-20 tokens and infrastructures, leveraging the power of Ethereum, the world’s second-largest cryptocurrency by market value. What sets Uniswap apart […]

The Web3 Festival Starts on April 6 and Ends on April 9 With OKX Taking Center Stage; Tickets Available online in NFT Form or Regular  HONG KONG, Tuesday, April 02, 2024- Building upon the success of its 2023 edition, the Hong Kong Web3 Festival returns this year from April 6–9 at the Hong Kong Convention […]

Washington, D.C. Thursday, December 7 – Another milestone was achieved in the U.S. House of Representatives on December 7, as a crypto bill secured unanimous approval from a committee. The proposed legislation aims to instruct the U.S. Secretary of Commerce to actively endorse and support blockchain technology. The House Committee on Energy and Commerce unanimously […]

NEW YORK, September 29 — Valkyrie Funds, one of the companies seeking to launch Ethereum ETF in the United States, said it has halted its purchase of ETH futures contracts. The company shared its decision on Friday, September 29, 2023, through a filing with the Securities and Exchange Commission. However, the filing did not offer […]

New York, NY, Friday, June 28, 2024-In a move signaling broader acceptance of cryptocurrencies, VanEck, a New York-based investment firm, filed a proposal with the Securities and Exchange Commission (SEC) to launch the first-ever U.S. exchange-traded fund (ETF) for Solana (SOL). The VanEck Solana Trust, if approved, would offer investors direct exposure to SOL, the […]

SAN FRANCISCO, Monday, May 27, 2024 – Venture capital (VC) investment in cryptocurrency and blockchain companies is showing signs of resurgence. According to data released on May 24, 2024, global VCs invested a combined $2.4 billion into Bitcoin and crypto firms during the first quarter of 2024. This significant uptick suggests a potential revival in […]

Abu Dhabi, Thursday, May 2, 2024 – The Venom network, layer 0 blockchain in the Web3 eco system, announced that it had partnered with United Network, which is designed for payment systems, prospecting the ignition of global payment systems on a decentralized platform. Reports said that the partnership would improve the speed of the transactions, […]

California, September 12: Global Payments giant Visa announced in early September that it would expand its stablecoin capabilities to the Solana network. Visa made the announcement on September 5, 2023, regarding its expansion of stablecoin settlement functionalities by incorporating Circle’s USDC on the Solana blockchain. Solona’s price jumped in the first week of September following […]

 Seoul, Friday, December 22, 2023- South Korean gaming giant Wemade and Singapore-based technology investor Whampoa Digital announced in December last week that they had joined forces in a strategic partnership aimed at boosting the Web3 landscape in the Middle East. This collaboration will see the establishment of a $100 million Web3 fund by Wemade, specifically […]

LAGOS, Nigeria, Monday, January 22, 2024 –The lack of clear regulations on Web3 was a hurdle for investors in the fields of Web3, blockchain, crypto, and the like, Jathin Jagannath, a developer from the Web3 rollup protocol Cartesi, reportedly said in a recent interview. Earlier, investors in these fields saw the African Continent countries as […]

The Ethereum Request for Comment (ERC) serves as a technical protocol that proposes modifications or enhancements to the Ethereum network. It provides developers with a set of technical specifications or instructions that can be used to create applications and smart contracts that operate on the Ethereum network. ERCs are developed and maintained by the Ethereum […]

Avalanche is a heterogeneous network of blockchains that rivals Ethereum. It’s well known because of its scalable solutions, interoperability, and transaction speeds. It can process about 4,500 transactions per second, whereas Ethereum can only process about 30 transactions per second. To achieve this, it uses a novel approach utilizing three separate blockchains under its primary […]

Exploring Palm Network’s Move to Polygon and What It Means for the Cryptocurrency Industry The recent partnership between Palm Network and Polygon Supernet has ignited a wave of excitement within the cryptocurrency world. This collaboration has the potential to bring about a significant transformation in terms of scalability and responsiveness, with a particular focus on […]

London, July 24- Worldcoin, a cryptocurrency project founded by OpenAI (Better known by it ChatGPT) CEO Sam Altman, launched on Monday, July 24. The project aims to create a global digital identity system that uses iris scanning to verify the identities of users. Worldcoin users will be able to earn Worldcoin tokens by having their […]

San Francisco, Wednesday, May 1, 2024 – Worldcoin, the eye-scanning crypto project founded by Sam Altman of OpenAI, initiated the newest blockchain network, World Chain, marking the latest milestone on April 17, 2024. The latest arrival of the ETH layer 2 blockchain, World Chain, to the platform will bind hands with the Worldcoin user base […]

If you think of blockchain, you probably don’t imagine creating security tokens. Unfortunately, some companies or consortia have learned that designing their standards without foresight can lead to roll-your-own security tokens. It’s not easy to create a security token standard from scratch while piecing together code and documentation from various sources. That’s why many companies […]