Latest news on Cryptocurrencies, NFT, Metaverse, Blockchains, Altcoins etc
Stay tuned to blockchain news, industry analysis, and in-depth articles charting the social and industrial impacts of blockchain technology.
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks.…
ZeroSync Association, a Swiss-based nonprofit organization, is pioneering the use of zero-knowledge proofs (ZK-proofs) for the validation of the Bitcoin network. ZeroSync’s open-source tooling allows users to validate the state of the Bitcoin network without having to download the entire blockchain or trust a third party for verification. The…
The draft rules that have been developed by China’s Ministry of Industry and Information Technology to strengthen the requirements for the development of blockchain technology by the year 2025 are evidence of China’s increased attention on blockchain technology. In spite of China’s negative attitude toward virtual currencies, the country’s…
In a move that is set to enhance the availability of decentralized business data, AllianceBlock has partnered with Crunchbase to make its data available to users of the AllianceBlock Data Tunnel. The partnership will enable blockchain businesses and developers to create a range of applications, including default probability models,…
Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club” NFT collection gave owners early access to the group’s shows…
Twitter said that its spam detection system flagged Arbitrum’s official account as spam by mistake. Popular Ethereum roll-up platform Arbitrum had its official Twitter account suspended on Monday, March 27th. The account was erroneously flagged as spam by Twitter, according to the Arbitrum Foundation, and was relaunched within a…
Oasys Blockchain is on the way to achieving its mission of promoting the adoption of blockchain technology. Known for establishing successful partnerships, the blockchain network recently added KDDI to the list of validators that SoftBank entered on February 16, 2023. Under this partnership, the Japanese giant, KDDI, looks to…
The 2018 ICO saga came to an end as the CEO of Titanium blockchain received a 4-year jail sentence after pleading guilty eight months ago. A March 24th press release by the US Department of Justice revealed that Michael Alan Stollery, the founder, and CEO of Titanium Blockchain Infrastructure…
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or…
Digital identities can help in fake product detection by providing a unique and verifiable identity to each product, making it easier to track its movements through the supply chain and verify its authenticity, thereby preventing the circulation of fake products. In the modern era of e-commerce, the problem of…
Binance, one of the world’s largest cryptocurrency exchanges, is expanding its global reach with the opening of a new blockchain hub in Georgia. The move is aimed at promoting further adoption of cryptocurrencies in the country, creating more job opportunities, and attracting talent to the Georgian blockchain sector. Binance…
Paris Blockchain Week 2023 brought together some of the biggest names in the blockchain and crypto industry. Starting on March 21, the three-day event turned out to be a net positive for the crypto industry, with prominent industry players coming together to discuss and share their thoughts on the…
While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it’s only a matter of time before they change their tune. In July last year, Minecraft developer Mojang Studios announced a ban on NFTs and blockchain technology. By November, Rockstar Games…
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about…
The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. UBS’ decision to acquire its rival, Credit Suisse, has, of course, shaken up the financial industry once again. It comes a week after the collapse of Silicon…
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT…
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27%…
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin Hashrate Remains High Despite…
Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms. Over several years, Sony’s interest in crypto has been evidenced by numerous partnerships and trademark registrations. Adding to this…
Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by a further 20% to $800 million, Reuters reported citing sources familiar with the matter. The blockchain gaming technology company reportedly scaled back on its billion-dollar goal due to volatility…
The fourth Paris Blockchain Week, held at the Carrousel du Louvre, covered web3 art, open finance, enterprise blockchain, public policy, and investing in web3, among others. In addition, other events such as a hackathon, startup competition, investor events, and others took place. The 2023 PBW also featured over 400…
Avalanche wrote an official blog post to let the community know that the Cortina upgrade is getting closer to being put into place. The scheduled activation date is March 31, 2023, at the time of drafting this article. X-Chain is now ready to switch to Snowman++ consensus, which will…
Hindenburg Research, a financial research firm, has issued a report claiming that Jack Dorsey’s Block, formerly known as Square, has facilitated fraud for criminals, allowing them to conduct criminal activities using the platform. The report alleges that the company failed to exert know-your-customer (KYC) procedures, leading to inflated user…
The US Commodity Futures Trading Commission (CFTC) held their first Technology Advisory Committee meeting in Washington D.C. on March 22. As part of the scheduled meeting, members from the crypto space gave presentations to the CFTC, providing a DeFi crash course on key issues impacting the space. CFTC commissioner…
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his identity” after Montenegrin police detained the accused suspect. Terra Co-Founder Reportedly Arrested in Montenegro at Podgorica Airport…
Projects going multichain are nothing new. It comes with the advantage of an expanded user base and better utility of the project. The list is endless, with Seedify being the most recent entrant. The company announced that it is going multichain with chains to better host users and its…
Aavegotchi recently announced Gotchichain, the dedicated blockchain for all things. Powered by Polygon Supernets, it will offer lower fees and quicker confirmation times. The protocol has been a roll throughout the year, establishing new partnerships and releasing new products. It has released the Closure of the GHST Bonding Curve…
The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens…
Days before the ARB airdrop, Arbitrum’s daily transaction count surpassed over 1.3 million. With the upcoming airdrop of Arbitrum native token ARB, an Ethereum Layer-2 scaling platform has witnessed a considerable uptick in activity. On Wednesday, March 22nd, Arbiscan data revealed that the number of daily transactions on Arbitrum…
Rising bitcoin output and a full year of data center hosting and engineering revenues pushed Riot’s overall revenue in 2022 up to $259.2 million from $213.2 million the previous year. Formerly known as Riot Blockchain, bitcoin infrastructure specialist Riot Platform is a publicly listed bitcoin mining and blockchain technology firm. After…
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