All blockchain related news
On May 21, the co-founder of Ethereum, Vitalik Buterin, shared an official publication highlighting the benefits of maintaining Ethereum consensus at its minimalism. Buterin’s post mentioned the potential risk of overloading the Ethereum validators with unnecessary devices. In his blog post, Buterin…
On May 17, the Brookly-based decentralized crypto exchange Uniswap revealed plans to go live on the Polkadot multichain network Moonbeam. During an interactive session hosted by Blockchain at Michigan, the community voted for launching Uniswap on the Polkadot network. The completed Blockchain…
On May 12, the second largest blockchain by market capitalization, Ethereum, suffered technical challenges that disrupted the operation network on the finalizing blocks for over an hour. The Ethereum finality issues created embroiled debates among consumers. A scrutiny of the market critics…
On Thursday, Solana Labs launched a new office in New York. The May 11 report came months after the prominent Solana bricks-and-mortar company ceased operating in New York and Miami due to the prolonged crypto winter. In their announcement, the Solana Labs…
The prominent Bitcoin mining company Cipher has invested in purchasing 11000 mining machines. The Cipher team issued a press release dated May 9 concerning the purchases of the Bitcoin miners. In the announcement, the Cipher group confirmed that the purchases aimed at…
Binance today announced it has plans to integrate Bitcoin Lightning Network as part of measures to prevent congestion on the exchange. The exchange said this after Bitcoin transactions caused congestion on the platform, leading to suspension of withdrawal twice in one day….
An official report from crypto trading platform INX dated May 3 confirms the launching of a unique Web3 wallet for institutional clients. The announcement revealed that the INX developer collaborated with BitGo infrastructure experts to develop the new wallet. The team behind…
The Singaporean crypto mining firm Bitdeer Technologies has partnered with the Bhutan Kingdom investment arm Druk Holding and Investments (DHI) to establish a digital mining centre. The partners plan to invest in developing a zero-carbon crypto mine in the smallest state in…
On April 29, the second largest payment platform, Mastercard, launched a new crypto credential platform. Mastercard Crypto Credential’s platform aims to support the customer to comply with the verification requirements. The developers of Mastercard’s new products confirmed utilizing emerging technologies to mitigate…
According to the statistics provided by Glassnode, the deposit patterns across staking providers have lately been subjected to a substantial change. During the early stages of the Beacon Chain, the competition for deposit allocations was fierce, and Kraken, Binance, and Coinbase quickly…
Computer systems or machines can be programmed to carry out activities ordinarily related to human intelligence, including learning, reasoning, perception, and problem-solving. This is referred to as Artificial Intelligence. AI involves the development of algorithms and computational models that enable machines to…
Although the year 2023 has recently started, the crypto industry has seen several developments in the respective short period. Particularly, in the case of exploits, the industry has been hit with a loss of up to $119 million up till now this…
Telegram, a prominent giant in messaging apps, has recently incorporated support for the well-known USDT stablecoin on the wallet bot thereof, as per the reports. The respective integration will enable the consumers to sell and purchase USDT tokens straightly within the platform’s…
Bitcoin NFTs (non-fungible tokens) have grabbed the attention of many crypto fans in recent weeks. They have also created new opportunities on the largest and oldest blockchain. For many years, Ethereum has been known to be the major host of most NFTs,…
Circle’s vice president of European policy, Teana Baker-Taylor, has argued that the recent moves by United Kingdom banks to limit access to cryptocurrencies are absolutely wrong. She also claims these banks are now unbanking both companies and individual customers. Further, Baker-Taylor alleges…
Last week’s biggest news was the CFTC’s (Commodity Futures Trading Commission) lawsuit against crypto exchange Binance. The agency accused the company of unregistered derivatives trading. The accusations don’t end there; CFTC also claims that Binance failed to adopt effective know-your-customer and anti-money…
The total market capitalization is down 0.3% to $1.21 trillion following net outflows worth $13 billion in the past 24 hours. Bitcoin’s valuation dropped to $542.5 billion from $545.1 billion during this period, while Ethereum’s increased to $216.8 million from $216.49 million….
Major League Baseball team, the Nationals, is still promoting the collapsed Terra ecosystem. This was evidenced during the team’s first home game earlier this week, where its official stadium, Nationals Park, had Terra’s branded seats and a huge sign outside the stadium….
Chainlink, an entity providing Web3 oracles, has disclosed an exclusive serverless developer forum named ‘Chainlink Functions’ operating on its platform for Web3 services. This would encourage the developers to develop decentralized applications along with creating a link between the smart contracts and…
QuickSwap is a decentralized exchange (DEX) built on the Ethereum sidechain Polychain, letting users swap ERC-20 tokens. The platform was founded in 2020 by Sameep Singhania. It promotes decentralization principles by ensuring permissionless and trustless crypto trading. QuickSwap provides liquidity pools for…
