Tag: Blockchain
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Celo Community Considers Transitioning to Ethereum Layer 2
The Celo community is currently engaged in discussions and seeking feedback on a proposal that could potentially bring Celo back to its roots on the Ethereum blockchain. The proposal suggests…
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BLUR Token Unlock: Coinbase Prime Receives 47.96 Million BLUR Tokens
BLUR token transfer has garnered attention as 47.96 million BLUR tokens were moved to Coinbase Prime this month. Since June 15, a total of 239 million BLUR tokens have been…
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Multichain Urge GoDaddy to ShutDown multichain.org
On an unforeseen day in May 2023, the cryptocurrency world was taken aback when Zhaojun, CEO of the blockchain-based platform Multichain, was apprehended by Chinese authorities. The arrest, which took…
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Vanguard Group Acquires 10.24% Stake in Riot Platforms Bitcoin Mining
In a significant move that showcases the growing interest in cryptocurrencies and blockchain technology, the Vanguard Group, one of the world’s largest investment management companies, has recently purchased a 10.24%…
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Algofi, Leading DeFi Protocol in Algorand Ecosystem, Ceases Operations
Algofi, the prominent decentralized finance (DeFi) protocol operating within the Algorand ecosystem, recently made a surprising announcement that it will be discontinuing its operations. The protocol, which gained significant attention…
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Binance Launchpad Announces Arkham $ARKM
Binance, the leading cryptocurrency exchange, is thrilled to unveil Arkham (ARKM) as the 32nd project to be launched on its renowned Binance Launchpad. The much-anticipated webpage for Arkham is expected…
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Ripple and Stellar Lumens $XLM may collaborate with FedNow
As digital transactions become increasingly prevalent, the need for faster and more efficient payment systems has become paramount. Recognizing this demand, the Federal Reserve has developed FedNow, an instant payment…
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Oracle Red Bull Racing Partners with Sui Development Mysten Labs
Oracle Red Bull Racing, a renowned Formula 1 team, has recently announced a multi-year partnership with Sui development company Mysten Labs. This collaboration positions Sui as the official blockchain partner…
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European Commission Initiates Vision for Emerging Virtual Worlds to Ensure Safety and Compliance with Digital Rights
The European Commission has launched an initiative to develop a comprehensive vision for emerging virtual worlds, such as metaverses, while prioritizing the protection of digital rights and adherence to EU…
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Multichain-Bridged Tokens Deposits and Withdrawals Suspended on Binance
Binance, one of the leading cryptocurrency exchanges, revealed that it would be suspending support for deposits and withdrawals of certain Multichain-bridged tokens. This decision comes as a result of the…
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Elon Musk Advocates for Dogecoin on his Groundbreaking ‘Everything App’ X”
Elon Musk, the eccentric billionaire and founder of Tesla, is reportedly seeking to integrate Dogecoin as the default currency on his forthcoming innovative platform ‘X’. This move is potentially game-changing,…
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Luminex Launches BRC-69 Ordinal Collection Standard
Luminex, the leading launchpad platform, has unveiled its latest creation: the BRC-69 ordinal collection standard. This revolutionary advancement aims to drastically reduce the costs associated with inscriptions for Ordinals collections…
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Poly Network Suffers Temporary Service Suspension Following Recent Attack
Poly Network, a popular cross-chain protocol, temporarily suspended its services due to a major security breach. The incident has prompted the team behind Poly Network to collaborate with relevant parties…
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UK: Crypto and Bitcoin Recognised as Regulated Financial Activities
In an unprecedented legislative move, the United Kingdom has passed a bill acknowledging Bitcoin and other cryptocurrencies as regulated financial activities. This leap forward sends waves through the digital currency landscape and has…
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Circle Partners with Arbitrum: A Bold Move Towards Cross-Chain Transfers with USDC
Enhancing blockchain innovation, Circle has successfully incorporated its specialized Cross-Chain Transfer Protocol (CCTP) with Arbitrum, taking a significant leap in blockchain cross-functionality. This strategic move opens up new possibilities for Binance’s USD Coin…
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Fidelity the $4.2 Trillion Behemoth submit for Bitcoin ETF, Signals a Bitcoin Breakthrough
Notorious asset management giant, Fidelity Investments, whose assets under management climb to an astronomical $4.2 trillion, has made a pioneering move in the realm of digital currency. The enterprise has officially…
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ZK Sync Ushers in a New Wave with Ethereum Layer-2, Launching ZK Stack and Hyperchains
ZK Sync, an Ethereum layer-2 solution, has just launched their proprietary product, the ZK Stack, thereby expanding possibilities in the realm of blockchain technology. This significant move towards the establishment of…
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Ripple Tests Ethereum-Compatible Sidechain for XRP Ledger
In a groundbreaking move, Ripple is testing an Ethereum-compatible sidechain for its XRP Ledger. This development will allow developers to deploy Ethereum smart contracts on the XRP Ledger with minimal…
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Riot Mining Company Invests $162.9 Million in Latest Bitcoin Mining Machines
Riot Platforms, Inc. has recently entered into an ambitious long-term agreement with MicroBT for the purchase of 33,280 next-generation Bitcoin miners. These high-performance miners will be produced by MicroBT in their…
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