Category : Blockchain

Blockchain

Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals. (Read More)

Famous Game ChuanQi IP Launches Blockchain-Based MORPG, MIR2M: The Dragonkin, in 170 Countries

ChuanQi IP, a subsidiary of Wemade, has recently released a promotional video for its new blockchain-based Multiplayer Online Role-Playing Game (MORPG), MIR2M: The Dragonkin. The video was revealed on the company's official YouTube channel and provid...

Crypto Trading Lesson 1 - Understanding the Fundamentals: Probability

Trading is a multifaceted activity that necessitates a profound understanding of various concepts and strategies. While the ultimate objective of trading is to generate profits, achieving this goal entails more than just the basic principle of buying...

EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme

EminiFX CEO, Eddy Alexandre, sentenced to nine years for defrauding investors of $240M through fabricated returns and false AI trading claims. (Read More)

Ripple's XRP Ledger Distributes $1.6M in Wave 5 Grants

XRP Ledger Foundation awards $1.6M to 15 projects in Wave 5 of XRPL Grants. Awardees, from 14 countries, aim to accelerate XRP Ledger adoption with use-cases in Web3 finance, transaction facilitation, and more. (Read More)

Ethereum's Future Unveiled by Vitalik Buterin at EthCC

At EthCC, Ethereum's Vitalik Buterin outlined the protocol's future, highlighting key developments like the transition to Proof of Stake, sharding, Verkle trees, state expiry, and Ethereum Improvement Proposals. (Read More)

61,216.6 ETH from Ethereum ICO Address Moved to Kraken

An Ethereum (ETH) address associated with the initial coin offering (ICO) in 2015 has transferred a staggering 61,216.6 ETH, equivalent to $116 million, to the Kraken exchange. This transaction marks the first movement of these funds since their acqu...

Tachyum's Prodigy Processors: A Game-Changer for Blockchain in Banking and FinTech

Tachyum, a leading tech company, has recently published a paper titled "Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy", which highlights the potential of Prodigy to revolutionize transactional banking and significantly reduce the envir...

Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023

Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain. (Read More)

CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal

According to Blockchain.News, CoinFund has successfully raised $158 million for its Seed IV Fund, exceeding its initial target of $125 million. This achievement underscores the firm's commitment to fostering innovation in the web3 ecosystem. (Read Mo...

South Korea Embraces Blockchain: New Digital Asset Act, K-Culture Tokenization, and More

South Korea passes the Digital Asset Basic Act, Shinhan Financial Group invests in digital asset custody, and K-culture goes blockchain. (Read More)

FSB Releases High-Level Recommendations for Global Stablecoin Regulation

The Financial Stability Board (FSB) has published a comprehensive report outlining key recommendations for the regulation, supervision, and oversight of global stablecoin (GSC) arrangements. The report aims to address potential financial stability ri...

Crypto Market Consolidation and Key Trends in Q2 2023

Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively. (Read More)

CITD and XBE Pioneer Innovation with Launch of World's First DOT Standard 3+2 STO and NSTO

China Information Technology Development Limited (CITD) and Xtreme Business Enterprises (XBE) have announced the successful launch of the world's first Digital Ownership Token (DOT) Standard 3+2 Security Token Offering (STO) and Non-Security Token Of...

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

Chinese authorities crack a major USDT-linked money laundering case, arresting 21 suspects and seizing over 1M yuan. (Read More)

Binance Trims Employee Benefits and Faces Regulatory Challenges Globally

According to a recent report by The Wall Street Journal, the global cryptocurrency exchange Binance has reduced several benefits for its employees, including reimbursements for mobile phone usage, fitness, and work-from-home expenses. (Read More)

Shinhan Bank and SCB TechX Achieve Milestone with Successful Stablecoin Remittance Pilot on Hedera Network

Shinhan Bank, SCB TechX, and Taiwan's largest financial institution have successfully completed a stablecoin remittance proof-of-concept (PoC) pilot on the Hedera network, as announced on July 18th, 2023. (Read More)

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences. (Read More)

Crypto Investment Firm Paradigm Welcomes New Government Affairs Lead Alex Grieve

Alex Grieve joins Paradigm as Government Affairs Lead, bringing a decade of experience in politics and financial policy. Paradigm broadens its focus to include AI alongside crypto. (Read More)

Financial Stability Board Finalizes Global Crypto Asset Regulatory Framework

FSB finalizes a global regulatory framework for crypto assets, aiming for consistent regulation. The framework includes high-level recommendations for crypto-asset activities and stablecoins. (Read More)

Bitcoin Dominates Digital Asset Fund Flows with $140M Inflows in a Week

In the past four weeks, digital asset investment products have seen a significant surge in inflows, totaling $742 million, according to the latest weekly report from CoinShares. This marks the largest run of inflows since the final quarter of 2021. (...

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