Blockchain Australia – an industry body representing Aussie businesses and individuals participating in the crypto industry – announced the appointment of Laura Mercurio as its next Chief Executive Officer. She has a rich experience in the financial field, working previously for BlackRock, Deutsche Bank, and Citigroup. Recently, numerous other individuals who were part of monetary...Read More
One of the tech giants in Indonesia – PT GoTo Gojek Tokopedia (known as GoTo) – reportedly acquired local cryptocurrency exchange PT Kripto Maksima Koin for 124.84 billion rupiahs ($8.4 million). The firm said that the agreement aligns with its goal to become “a diverse money management hub.” Despite the negative stance displayed by the...Read More
A recent research conducted by Study.com revealed that 64% of US parents think cryptocurrencies should be a subject part of their children’s education. However, the moms and dads are not that supportive of non-fungible tokens (NFTs) since only 25% said they should be included in the school programs. The mayor of New York City –...Read More
Cardano, a proof-of-stake blockchain.com blockchain.com Crypto trading and Information Followers : 0 View profile platform, had recently taken a downward moment. However, ADA traders are now able to take a sigh of relief with the currency trading around $0.45 and maintaining the range for the last few days. At the time of publication, Cardano (ADA)...Read More
Yong-beom Kim – First Vice Minister of South Korea’s Ministry of Economy and Finance from 2019 to 2021 – will join the blockchain and digital technology research institute Hashed Open Research as its Chief Executive Officer. The entity aims to act as a bridge between local cryptocurrency experts and the government. According to a document...Read More
A group of leading Indian blockchain influencers with expertise in trading, NFT, Metaverse, cybercrime, etc., recently announced the formation of the India Blockchain Forum (IBF). The event at Hyderabad in India’s Telangana state was attended by the state government’s principal secretary for industry, commerce, and information technology, Jayesh Ranjan, said media reports. Hyderabad is India’s...Read More
Community-driven protocol Antelope has forked and rebranded the EOSIO 2.0 codebase through a coalition of four EOSIO protocol-based blockchains led by the EOS Network Foundation. The coalition, established in January, consists of EOS, Telos, WAX, and UX Network. Each chain will share Antelope’s underlying blockchain codebase while working together to accelerate the development of the...Read More
Monero, one of the most important privacy protocols in the ecosystem, executed a protocol update on August 13 to improve several privacy and security features offered by the network. The hard fork was successfully performed on block 2,688,888, thanks to a collective effort of more than 70 developers, after almost 4 months since it was...Read More
The Ethereum (ETH) blockchain’s potential effects on scaling solutions are being examined by cryptocurrency exchange Coinbase. Layer-2 scaling solutions (L2s), according to a study by Coinbase, may reduce Ethereum’s earnings. The future of L2s may very well be a zero-sum game, with whatever L2 eventually powers the whole Ethereum ecosystem being the one that hosts...Read More
In the 13 years of its existence, Bitcoin has risen from obscurity to $1 trillion highs, settling over $60 trillion in total transfer volume along the way. Despite these feats, Bitcoin’s decentralized design limits it to a mere 7 transactions per second. In times when demand to use the network exceeds 7 transactions, users experience...Read More
After maintaining a $23,000 price level since the start of August, the world’s first currency, Bitcoin price had surpassed the said level and reclaimed $24,000 yesterday. However, the currency couldnt hold on to that for long and tumbled down to $23,000 range. At the time of publication, Bitcoin is selling at $23,893 with a surge...Read More
The already challenging shift that the Ethereum blockchain is slated to go through soon, is about to receive a monkey wrench. Ethereum is expected to undergo a major software upgrade called the Merge, as early as September. It is expected that the network will shift from using scores of computers, generally referred to as miners...Read More
The year 2022 has brought nothing but turmoil to the cryptocurrency sector, and among these were Bitcoin, as the price was pulled down as low as $17,700 on June 18. Since then, the King currency has formed a pump and dump pattern. However, Bitcoin has started its recovery phase and has never seen that low...Read More
Today, major cryptocurrencies like Bitcoin, Ethereum, Cardano, Solana and others have been maintaining their price level above an important key level. While talking about Cardano recent price movements, the asset plunged towards $0.435 on July 13. However, the eighth cryptocurrency by market cap, saw a jump of 36% trading at $0.550 after six days. The...Read More
Uniswap, the Ethereum-based exchange has been quiet on the tear since June 18 but suddenly jumped up with a steep gain of 150% in these past seven weeks. With its strong price rally, UNI is now the 15th largest crypto in terms of market cap. The popular DeFi asset is said to be leading because...Read More
The bear market weeds out unnecessary frills and enables legitimate projects to stand out but also cripples portfolios of investors, both big and small. The ongoing market conditions are no different. But one vertical that market participants remain bullish on is – blockchain games and metaverse projects. Winner in Bear Market According to DappRadar’s report,...Read More
The blockchain analytics firm launched Chainalysis Government Solutions, a subsidiary focused on helping US government agencies investigate crypto-related crimes. According to the firm’s latest research, 75% of public sector agencies worldwide are under-prepared in terms of tackling crypto incidents, demonstrating an increasing need for relevant resources and technologies made available to investigators. Government Businesses After...Read More
The Miami-based blockchain security company – Halborn – closed a $90 million Series A financing round. The initiative comes at a time when numerous venture capital firms have withdrawn their interest in the crypto sector due to the downturn of the market. Pushing Forward Amidst the Crypto Winter In an interview for Bloomberg, Halborn disclosed...Read More
The ongoing crypto winter has been so far uneasy for investors, but for true believers of the new technology, it seems like time to double down their efforts on high-potential projects. Fintech-focused US VC firm Lightspeed Venture Partners announced the launch of a new blockchain-focused team – Lightspeed Fraction – to invest in early-stage blockchain...Read More
5ire – a London-based layer one blockchain firm – secured a $100 million fundraiser, boosting its valuation to $1.5 billion. Becoming a Unicorn in Less Than a Year 5ire’s latest fundraiser was led by SRAM & MRAM Group (a leading international conglomerate headquartered in London). The company vowed to use the Series A financing to...Read More
Protagonist – a venture capital firm that supports entities in the digital asset industry – launched a $100 million fund that will be distributed to early-stage crypto companies. The initiative was established by the firm’s Co-Founders – George Bousis, Dylan Macalinao, and Harry Hurst. Bear Markets Create Legends In a recent interview for Tech Crunch,...Read More
Yifan He, the CEO of Blockchain-based Service Network (BSN), published an article on June 26 referring to cryptocurrencies as the “biggest Ponzi scheme in human history.” He is also the CEO of Red Date Technology, which happens to be one of the founding members of China’s blockchain infrastructure. The article was published in the state...Read More
The Governor of Qatar’s central bank – Sheikh Bandar – revealed that the financial institution intends to issue a digital form of its national currency. To do so, it must find the appropriate technology and consider the possible benefits and drawbacks of such an initiative, he added. Still in ‘Foundation Stage’ Launching a CBDC has...Read More
The distributed ledger is the fundamental technology behind blockchains like Bitcoin and Ethereum. The latest report, titled “Are Blockchains Decentralized?” by security research firm Trail of Bits, poses a question on the thesis of decentralization as the longstanding notion of blockchain, arguing that it may be more centralized-oriented than the crypto industry tends to think....Read More
It has become challenging for miners to expand their operations as the schedule of the Ethereum Merge has become uncertain in the near times. The difficulty bomb is a computer program in the Ethereum blockchain meant to raise the complexity of mining ETH regularly. Developers have repeatedly delayed it in the merging, causing many problems...Read More
Philip Hammond – a British politician who served as Chancellor of the Exchequer from 2016 to 2019 – urged the United Kingdom’s authorities to open their arms to the digital asset industry. Otherwise, other countries that have already hopped on the bandwagon will turn into global crypto leaders, while the UK will miss this opportunity....Read More
Following FTX’s assistance to insolvent crypto lenders BlockFi and Voyager, there have been suggestions that Binance may also declare some bailouts. Binance has finally broken the silence and addressed the situation. The firm stated that it is not in the mindset to assist “poor” or failing cryptocurrency initiatives, which also include ‘ill-considered,’ ‘badly handled,’ or...Read More
The blockchain-based payments company – Roxe Holding – reportedly struck a $3.6 billion SPAC deal with Goldenstone Acquisition Ltd to become a publicly-traded enterprise with a ticker symbol “ROXE.” NASDAQ’s Next Participant Despite the unfavorable condition of the cryptocurrency market, Roxe Holding and Goldenstone Acquisition decided to enter into a $3.6 billion collaboration and join...Read More
As per today’s Wall Street Journal article, struggling cryptocurrency hedge firm Three Arrows Capital (3AC) is focusing on negotiating a bailout arrangement. The failure of Terra, one of the largest blockchain projects, which entirely collapsed in early May, had a significant impact on the cryptocurrency industry. Three Arrows Capital, Kyle Davis, speaks about the firm’s...Read More
It is a known fact that the crypto space is now in the middle of a notable bear market which is yet to find its bottom. The star crypto, Bitcoin, currently appears struggling to restore the last line of defence above $20,000. In such a case, the crypto market tumbles down heavily and at the...Read More
