All blockchain related news
Payment giant Visa has announced it will be expanding its stablecoin settlement capabilities to the Solana blockchain, working with merchant acquirers Worldpay and Nuvei, two giants in the industry. This is in order to further leverage innovative technologies in the digital currency…
Cambridge Bitcoin Electricity Consumption Index (CBECI), a renowned institution providing real-time electricity consumption estimates, has completed revising the computation approach. The successful reassessment aims to improve the index estimates’ accuracy and reliability. Since 2019, the CBECI has supported Bitcoin mining activities by…
Google Cloud head of Web3 James Tromans has expressed his optimism about the role of artificial intelligence (AI) in developing smart contracts and conducting audits. The executive mentioned that the ongoing AI craze has inspired investors to transition from crypto space to…
An update feature on the Russian News outlet “VC.RU” demonstrated that Bybit and OKX had delisted the peer-to-peer (P2P) transactions facilitated by the local banks. The announcement indicated that Tinkoff and Sberbank will no longer support the payment made to the crypto…
Lately, Web3 adoption has grown exponentially due to increased awareness of the benefits of blockchain and crypto technologies. The spur adoption of Web3 technologies has inspired developers to invest in developing advanced software to improve ownership, control, and privacy in the crypto…
UK-based mobile network operator World Mobile has entered a partnership with decentralized artificial intelligence (AI) marketplace, SingularityNET to bring blockchain-based loans to users. The partnership will allow the two to develop credit ratings for a lending program that uses blockchain technology. It…
An announcement conveyed by the chief executive officer of Hive Digital, Aydin Kilic, revealed that artificial intelligence and blockchain technology have massive potential to transform the Web3 sector. The CEO stated that AI and blockchain are the core pillars of Web3 development….
On Thursday, August 17, the Mastercard team announced plans to collaborate with Ripple and other payments companies to support the implementation of the central bank digital currency (CBDC). The Mastercard report demonstrated that the leading payment platform is interested in developing the…
A statement issued by the chief executive of Coinbase, Brian Armstrong, revealed that the crypto exchange plans to integrate the Bitcoin Lightning network on its platform. The CEO explained that the layer 2 payment protocol on the Bitcoin network has massive potential…
The crypto market has seen some upsides this year, but it has mostly been bearish. Bitcoin crashed to $15,000 in January, reaching the lowest level since the 2021 all-time high of over $60,000. This has made investors have mixed feelings on the…
In an advanced report, the fast-growing fintech company in Poland, Ramp Network, opened shop in Brazil to meet the ever-changing needs of Latin America. The announcement revealed that the fintech company would introduce its revolutionary technologies, such as a software development kit…
The Namibian government has greenlighted the Namibia Virtual Assets Act of 2023 bill into law. The bill was enforced into law on July 14 after President Hage Geingob issued his final assent. Consecutively the bill has undergone various legislative processes before the…
An official publication issued by the government of Russia revealed that President Vladimir Putin had green-lighted the bill on central bank digital currency (CBDC). The report illustrated that President Putin signed the bill into law on Monday, July 24. The presidential assent…
Binance venture capital arm Binance Labs announced on Thursday, July 20, plans to invest $10 million in Radiant Capital. The announcement revealed that Binance Labs plans to support lending and borrowing services on the Radiant platform. The investment will be utilized in…
In an advanced report issued by the Bank of Russia, the market regulators confirmed that the testing for the central bank digital currency (CBDC), commonly known as the digital ruble, might start soon. On July 18, the regulators presented the bill before…
As account abstraction technology continues to gain popularity in bringing more people to the Ethereum network Vitalik Buterin has a different view. The inventor of Ethereum shared some of the problems encountered when integrating the account abstraction technology into the blockchain network….
The famous decentralized blockchain oracle Chainlink has rolled out a Cross-Chain Interoperability Protocol (CCIP) on its mainnet. The pronouncement conveyed by the Chainlink group on July 17 illustrated that the CCIP aims to support the development of applications and other services on…
A recent report from CLabs, the team behind Celo, outlined a slew of good news revealing that the blockchain firm plans to return to the Ethereum network. The proposal inked to the Celo community illustrated that the CLabs blockchain would migrate from…
In a press release dated July 11, the New York-based blockchain development company Consensys launched an Ethereum layer-2 scaling solution dubbed Linea Network. The report revealed that the Linea network would support developers in creating their projects. Additionally, the developers building on…
Vitalik Buterin, the founder of the second largest crypto by market value, Ethereum, advised the Twitter community on the crucial development required for Bitcoin to become more than a payment method. In his July 6 tweet, Buterin stressed that Bitcoin developers must…
