The first half of October has seen numerous crypto-related companies securing multi-million fundraisers. Some examples include Horizon Blockchain Games, Step, Uniswap Labs, Copper Technologies, and the investment start-up Pillow. Since the beginning of the year, digital asset firms have raised over $30 billion. Andreessen Horowitz and Sequoia Capital played a key role, both completing $9...Read More
An Indian district, Firozabad, about 40 km from Agra of Taj Mahal’s fame in the Indian province of Uttar Pradesh, would start the registration of complaints police complaints on the blockchain network. The district, with 2.4 million people and 21 police stations, aims to achieve immutability and transparency of complaints lodged by victims of crime...Read More
South Korean tech giant – Samsung – announced a new security system dubbed ‘Knox Matrix’ that links all user devices together in a private blockchain. The main objective is to enhance the security of a multi-device environment. Essentially, if a single device gets compromised, the others shut it out of the network automatically. “Samsung Knox...Read More
Company founders Ola Muse and Karthik Kalyanaraman left Coinbase in August. It only took them two months to raise and close the seed round, which was led by Redpoint Ventures with participation from Mysten Labs and Howard University. Their firm, Scale3, is an infrastructure startup that focuses on supporting blockchain node operators. Node operation is...Read More
Even if Bitcoin ended September with a loss, previous good rallies in October may encourage bulls. Only twice since 2013 has BTC ended the month of October in the negative, according to data from coinglass: in 2014 and 2018. This makes a recovery in October more likely. Since last week, the price of BTC has...Read More
The American asset manager that specializes in cryptocurrencies – Pantera Capital – is looking to raise $1.25 billion for its second blockchain fund. Not long ago, the head of the company – Dan Morehead – argued that the digital asset market had hit its bottom in June and a bull run is on the horizon....Read More
A SEGA licensed digital collectible card game, being developed and operated by Japanese blockchain game developer double jump.tokyo, is expected to be released on the Oasys HOME verse L2 network. According to the Sept. 27 announcement, the theme of the Web3 trading card game is derived from the Romance of the Three Kingdoms mythology. It...Read More
Jim Messina – one of Barack Obama’s closest advisers during his presidency reign in the USA – has taken an executive role at the popular cryptocurrency platform – BlockhainCom. The veteran politician is responsible for the firm’s government relations and policy strategy. Another American official who transitioned to the world of crypto is Brian Brooks....Read More
Leading secure financial messaging system SWIFT is testing out blockchain in a pilot project with fintech company Symbiont Inc. Previously, SWIFT explored ways how to enter the central bank digital currency space. SWIFT’s Blockchain Experiment The collaboration aims at driving efficiencies in the transmission of data related to corporate events like dividend payments and mergers,...Read More
Global investment giant KKR & Co has partnered with digital asset management firm Securitize to tokenize its private equity fund on a public blockchain network. According to an official press release, the partnership will allow the KKR to tokenize its second Health Care Strategic Growth Fund on the Avalanche blockchain, making it accessible to investors...Read More
According to a report by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects raised $748 million since August 1, 2022. Last month, on average, 847,000 daily Unique Active Wallets (UAW) interacted with blockchain games, an 11% decline compared to July. One of the most popular games in the field – Axie...Read More
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
