Category: Blockchain
Real World Assets (RWAs), According to Chainlink (LINK) Founder Sergey Nazarov, Are the Next Big Blockchain Trend
On the social media site X, Nazarov informs his 150,000 followers that real world assets (RWAs) appear to be destined to become the next big thing in blockchain. Tokenizing assets…
A user loses $1.7 million to scammers posing as Coinbase in a series of attacks
In the last week, at least three Coinbase users and one cryptocurrency user have reported being targeted by scammers posing as Coinbase employees. One victim has claimed to have been…
A cryptocurrency startup releases tokenized US Treasury bonds on Bitcoin layer-2s
Tokenized US Treasury bonds have been introduced by cryptocurrency company Hamilton on layer-2 blockchains for Bitcoin. According to the company, this is the first launch of its kind. Hamilton U.S….
The Whole Beginner’s Guide to DePIN
What are the advantages of implementing blockchain technology in physical systems? Is DePIN even relevant? Check it out in this article suitable for beginners. Explaining DePIN in Crypto The fact…
Alchemy and Worldcoin collaborate before the introduction of World Chain
The web3 infrastructure platform Alchemy has formed a partnership with the human-verification project Worldcoin, in advance of the World Chain blockchain’s introduction in the upcoming weeks or months. According to…
TradFi Is “Dominating” the Real World Assets Tokenization Trend, Per Kaiko Analytics
As the most recent institutional player to get on the quickly expanding tokenization bandwagon, Fidelity International announced last week that it would be joining JPMorgan’s tokenized network. Concurrently, BlackRock’s tokenized…
Plans for Blockchain.com and Unstoppable Domains Web3 domain ‘.blockchain’ with DNS support
Through an application with the Internet Corporation for Assigned Names and Numbers (ICANN), Web3 domain name supplier Unstoppable Domains and international cryptocurrency company Blockchain.com are working together to build one…
PancakeSwap offers to reimburse Uniswap customers for their interface costs
The decentralized exchange PancakeSwap intends to reimburse traders for up to $8 million in fees they paid on Uniswap, a rival. A complete reimbursement of their Uniswap interface costs will…
Falcon Labs, a leading cryptocurrency brokerage, resolves with the CFTC over a registration infraction
The U.S. Commodities Futures Trading Commission agreed with cryptocurrency premier brokerage firm Falcon Labs, Ltd. after the agency stated the company ought to have been registered, making this the first…
Canada’s Fintrac fines Binance $4.3 million
The regulator further stated that on 5,902 occasions between June 1, 2021, and July 19, 2023, Binance failed to record a single transaction valued at $10,000. Furthermore, according to FINTRAC,…
BlockFi will close its online platform and switch to Coinbase as a distributor
On May 9, the insolvent cryptocurrency lender BlockFi announced that it will close down its website by the end of the month and would mostly rely on Coinbase as a…
Q1 earnings beat for Robinhood, and the number of cryptocurrency trades increased by 224%
The commission-free brokerage company Robinhood surpassed expectations on Wednesday afternoon with its first-quarter earnings report. The U.S. Securities and Exchange Commission’s Wells Notice to the business’s cryptocurrency unit, Robinhood Crypto,…
BitPay and MoonPay collaborate to streamline cryptocurrency transactions
Through social media, MoonPay revealed that the collaboration would facilitate quicker and simpler cryptocurrency sales, simplifying the process for users to move cryptocurrency to their bank account or debit card….
Launch Date of the Much-Awaited DeFi Exchange Infinex Revealed
Kain Warwick, the founder of Synthetix, made the declaration. This eagerly awaited launch comes after it was originally scheduled for the fourth quarter of 2022. Infinex Announces the Launch Date…
Coinbase reports $1.6 billion in Q1 earnings as transaction revenue jumps
Following today’s closing bell, Coinbase announced that it achieved a record-breaking first quarter, generating $1.6 billion in revenue—a 72% increase over the previous quarter. The business also revealed a sharp…
By 2028, DePin Networks’ addressable market size is expected to grow to 3.2 trillion dollars
‘DePIN’term was first used by Messari in 2022. It was formerly known as TIPIN, MachineFi, EdgeFi, and PoPw. Despite the name change, the fundamental concept of this category has always…
CoinGecko: By DEX trading volume, Ethereum surpasses Solana
With a share of 21.3%, the Solana blockchain is currently ranked second; nevertheless, it has grown at the fastest rate during the reporting period, hitting $40 billion at 244.8%. Third…
Keonne Rodriguez of Samourai Wallet enters a not guilty plea to accusations of money laundering and transmitting
As U.S. authorities press down on privacy-focused technologies, a co-founder of Samourai Wallet entered a not guilty plea on Monday to federal charges pertaining to his development of a program…
Movement Labs is raising $38 million to bring Facebook’s Move to Ethereum, with Polychain Capital leading the round
In a Series A round headed by Polychain Capital, San Francisco-based blockchain development company Movement Labs has raised $38 million. Participating in the Move programming language-based project round were venture…
Robert Kennedy Jr. said that he was going to place the whole US budget on blockchain
Despite his pro-crypto rhetoric, the presidential contender is still considered a marginal figure. The U.S. presidential race has seen a rise in interest in cryptocurrency and blockchain technology over the…