American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements. People familiar with the matter told Bloomberg that the multinational financial services firm has developed most of the underlying infrastructure needed to launch a deposit token. However, the firm is waiting for approval...Read More
The Web3 startup accelerator that focuses on Decentralized Finance (DeFi) and blockchain games – Cronos Labs – said the recruitment phase of the Cronos Accelerator Program started on September 4. The entity has previously teamed up with numerous companies, including Google Cloud, Amazon Web Services (AWS), and PeckShield, to support the scheme’s launch. The price...Read More
Hangzhou unveils a blockchain-based data exchange platform aimed at revolutionizing enterprise IT data trading. Developed by officials in the city’s High-tech Zone, the avant-garde platform is expected to redefine the way businesses handle data. Chen Chun, an academician of the Chinese Academy of Engineering, describes the new platform as a pivotal development for enterprise data...Read More
The UK-based mobile network operator – World Mobile – teamed up with the decentralized artificial intelligence (AI) marketplace – SingularityNET – to develop credit ratings for a lending program that utilizes blockchain technology. The partnership will also enable World Mobile to scale its network and expand to new regions. Combining AI and Blockchain Technology According...Read More
dYdX Foundation – the non-profit organization behind the popular decentralized exchange (DEX) DYDX – announced some requirements that chain validators and stakers must comply with to ensure maximum user protection. Good practices are organized into six categories: Maximal Extractable Value (MEV), operations and security, performance, transparency, governance participation, and dYdX ecosystem consideration. According to a...Read More
Crypto cybercrime has been on the rise. Meanwhile, blockchain sleuths just found some big security gaps for crypto exchanges. Maybe the industry is worn out by the SEC’s relentless war on blockchain companies. Thursday, Aug 10, was a black letter day for blockchain security. Binance, Coinbase May Have Left Your Keys out Cyber sleuths at...Read More
Moons’ name checked out on the price chart with a 72% gain by late Tuesday. Moons and Bricks are tokens Redditors earn from the user-generated content they post on Reddit. Kraken recently listed them, and they’re soaring in price on the San Francisco-based crypto exchange. MOONS Token Soars 72% after Kraken Listing Kraken listed the...Read More
The first half of 2023 has brought an unexpected twist for the crypto market, which has always been a favourite target for cybercriminals. However, as the number of crypto hacks surged in an alarming fashion, a surprising trend began to emerge from hackers as they now started returning the stolen funds. This event surged exponentially...Read More
Regulatory heat on the crypto industry intensified in the previous quarter. Facing the brunt are several sectors, including the DeFi and NFT, that demonstrated a troubling state. The blockchain gaming sector, on the other hand, appears to have remained unshaken in the face of the turmoil. According to a DappRadar report, the gaming category continues...Read More
The venture capital fund Hashed Emergent will host a multi-chain Web3 conference in Bangalore, India, at the beginning of December this year. The event, dubbed “India Blockchain Week (IBW),” will touch upon the country’s increasing role in the cryptocurrency industry. Indians have shown interest in digital assets lately (especially during the COVID-19 pandemic), whereas some...Read More
Crypto infrastructure giant Fireblocks has announced that it has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform (GCP), Alibaba Cloud, Thales, and Securosus by expanding its MPC-CMP wallet and key management technology. The latest move is expected to help banks and financial institutions to leverage Fireblocks’ security and technology...Read More
World Mobile – a mobile network built on blockchain technology – said it will launch a token buyback scheme to aid the sustainable growth of its sharing economy. The entity’s treasury will purchase its native utility token WMT from the open market and distribute rewards to its ecosystem’s participants. World Mobile’s Latest Step According to...Read More
The popular cryptocurrency custodian BitGo will not be acquiring Prime Trust, according to the latest company announcement. BitGo took it to Twitter to reveal that it will discontinue the acquisition of Prime Trust. After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate the...Read More
Today- May 22 – is the 13th anniversary of Bitcoin Pizza Day, a historic event that marked the first time BTC was publicly used as a medium of exchange. On 22 May 2010, Laszlo Hanyecz, a programmer and early Bitcoin adopter, forever etched his name in history by purchasing two Papa John’s pizzas for 10,000...Read More
Space and Time – a decentralized blockchain data warehouse – has announced that its service is now available on the Microsoft Azure Marketplace. This will enable the platform’s developers to onboard enterprise data to smart contract applications, alongside new use cases for indexed blockchain data. Space and Time combines real-time data from major blockchains with...Read More
The “Vietnam Crypto Market Report 2022” revealed that 16.6 million Vietnamese own digital currencies, with bitcoin being the most popular asset. Another research conducted by Chainalysis placed the Asian country as the world’s cryptocurrency adoption leader, with a score of 1.000. Close to the Top The study, reported by a local media outlet, estimated that 16.6...Read More
Blockchain analytics platform Nansen announced the launch of Nansen Query, a new solution designed to offer a comprehensive data solution to crypto-focused teams and projects. In a press release shared with CryptoPotato, Nansen revealed that the new platform would enhance multi-chain data access, helping entities make better customer, product, and investment decisions. Nansen Launches Query...Read More
Immutable Games Studio unveiled the new partnership in an announcement on March 6. Premier game development studio Mineloader has produced AAA titles such as Last of Us Part 1, developed for TV and currently airing on HBO. It has also worked on the hugely popular Final Fantasy series. The pair will be working on a...Read More
A joint study conducted by Ripple and the Faster Payments Council (FPC) estimated that more than half of the surveyed leaders of payment firms think most merchants will accept cryptocurrencies as a settlement method within one to three years. Almost every participant suggests that blockchain technology will enable faster financial transactions in the near future....Read More
Tom Dunleavy – Senior Research Analyst at Messari – thinks there is a bright future for the blockchain platform Polygon. It has shown significant growth over the past few years, increasing the number of its developers and attracting some major institutions. Dunleavy took it to Twitter to lay out the most notable recent achievements of...Read More
The Chinese Ministry of Science and Technology reportedly approved the launch of the National Blockchain Technology Innovation Center. It will be based in the capital Beijing and will focus on use cases that could boost the local economy. Unlike BTC, China is Supportive of Blockchain According to recent coverage, the newly-formed entity will try to advance...Read More
WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow users to create and send NFTs from their phones. Creativity and Privacy According to Damian Bradfield, the Chief Creative Officer at WeTransfer, the decision to partner with Minima came due to a closely-aligned vision and...Read More
The Web3-oriented Venom Ventures Fund (VVF) invested $5 million in Everscale to aid its expansion efforts. The fund saw the light of day earlier last month after collaborating with the Abu Dhabi-based Iceberg Capital Limited and Venom Foundation. The ‘Strategic Investment’ According to a document seen by CryptoPotato, VVF’s financing aims to support the Web3...Read More
As we’ve seen over the years, blockchains aren’t quite as secure as some pretend they are. Rather, although the technology is one of the most secure ways of storing data available to the public, poor coding, social engineering, and the like can still allow bad actors to take advantage of unwary victims. Guessing Games In...Read More
The developers of Gala Games announced a major partnership between the blockchain gaming platform and the popular actors Dwayne Johnson (better known as “The Rock”) and Mark Wahlberg. The price of the entity’s native token – GALA – spiked by nearly 70% shortly after the disclosure. Gala Games revealed that it will develop two films...Read More
Solana – which prides itself on being a decentralized censorship-resistant network – is, like any other blockchain, heavily dependent on cloud computing. As a result, it remains vulnerable to centralized providers, who can halt servicing the network at any time. Yesterday, one of Solana’s main network providers decided to stop providing their services to entities...Read More
Blockchain-based gaming platform Gala Games claimed that “everything is fine” after reports of billion-dollar-rug pull surfaced. It all started with a misconfiguration of the pNetwork bridge triggering the additional issuance of GALA GAME, following which a large number of additional tokens were recharged and sold on Huobi. This, in turn, caused GALA to fall by...Read More
The THORChain network went offline Thursday due to a software bug, the blockchain operators confirmed on Twitter. The team noted that they are working to resolve the issue as soon as possible, adding that the outage has nothing to do with solvency. Devs are aware of a chain halt and have identified the likely cause...Read More
Despite significant advancements in energy efficiency and sustainability, Bitcoin’s energy consumption has increased by 41% year over year (YoY). However, there are worries the increase may prompt regulators to crack down on crypto mining. As a reward for validating transactions and protecting the network, crypto mining is one of the primary ways that people can...Read More
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
