Category : Blockchain

Blockchain

Binance Labs to Establish a Web3 Developer Community

On September 9, Binance’s official Twitter announced that its Binance Labs is planning to build a Web3 developer community, but the specific information has not been disclosed. (Read More)

The Metaverse Enjoys Potential to Revamp Existing Brand Marketing, HashCash CEO Says

Thanks to a 7,200% surge in internet search volumes last year, the metaverse will be a revolutionary innovation that will reshape brand marketing, according to HashCash Consultants CEO Raj Chowdhury. (Read More)

Web3 Music Platform Coop Records Raises $10 Million

Coop Records, a Web3 music-focused platform founded by NFT song collector Cooper Turley, has raised $10 million, according to Billboard. (Read More)

Venture Capital Firm MetaWeb Ventures to Establish $30M Venture Fund

Venture capital firm MetaWeb Ventures has announced the launch of a $30 million venture fund to focus on decentralized social media, DeFi, gaming and decentralized autonomous organizations. (Read More)

Opinion: Why the Ethereum Merge will be a game-changer for DeFi?

Ethereum’s upgrade from proof-of-work to proof-of-stake is about long-term value creation, not short-term price movement, argues Coins.ph CEO Wei Zhou. (Read More)

Digital Asset Management Market Speculated to Generate $9.32B in Revenue by 2028

The digital asset management market is expected to generate revenue worth $9.32 billion by 2028 based on soaring demand, according to a report by SkyQuest Technology Consulting. (Read More)

White House Suggests Banning Proof-Of-Work Crypto

The Biden administration believes that crypto asset mining consumes a lot of electricity. The White House researchers are urging crypto miners to explore greener alternatives. (Read More)

Thai Regulators Make Moves to Tighten Crypto Rules

Regulators in Thailand have introduced tighter rules for digital assets due to trading irregularities and the fall of a top acquisition involving a crypto exchange. (Read More)

Polygon to Hire 200 New Workers despite Market Downturn: Bloomberg

Polygon’s Head of Human Resources, Bhumika Srivastava said the Layer-2 scaling solution has plans to hire as many as 200 new staff before the end of the year (Read More)

Elliptic Hires OakNorth's Jackson Hull as Chief Technology Officer

As CTO, Hull will be responsible for taking Elliptic into the next phase of its product and technology growth, leading one of the major blockchain analysis providers. (Read More)

Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot

Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit, Lazarus Group. (Read More)

Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions

A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action. (Read More)

FTX Ventures Leads $300m Series B Funding for Mysten Labs

Mysten Labs, the startup behind the highly hyped Sui blockchain protocol, has raised $300 million from top investors in the Web3.0 ecosystem. (Read More)

Animoca Brands Confirms New $110m Funding Round

Blockchain gaming and investment company, Animoca Brands has raised new capital worth $110 million from the issuance of convertible notes. (Read More)

BNB Chain Launches Zero-Knowledge Proof Scaling Tech

The zero-knowledge proofs utilize mathematical proofs to allow the verification of specific data without the requirement to reveal the details. (Read More)

Ethereum’s Speculative Action Goes through the Roof as the Merge Edges Closer

Since the Ethereum merge has been awaited with bated breath by the crypto community, the network’s speculative action has skyrocketed. (Read More)

GameStop Announces Partnership with FTX US

GameStop, the world's largest video game retailer headquartered in Texas State, announced that it has signed a partnership with FTX US ("FTX") to become FTX's preferred retail partner in the United States. (Read More)

Digital Wallet Omni Raises $11m in Seed Funding

On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation. (Read More)

Ark Invest Expands Research Arm, Focusing on Blockchain Technology and AI

Ark Investment Management LLC, owned by Cathie Wood, has expanded its research arm as it seeks deeper development in various fields, including blockchain and AI. (Read More)

China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product

In China, the Digital Currency Research Institute of the People's Bank of China has launched a digital renminbi smart contract prepaid fund management product - "Yuanguanjia". (Read More)

Blockchain in Manufacturing Market Speculated to Generate $766.2m in Revenue by 2030

The blockchain in the manufacturing market is expected to render revenue worth $766.2 million in 2030, according to Verified Market Research. (Read More)

NBA Partners with Sorare for NFT-Based Basketball Fantasy Game

To enhance the fan experience and render more interaction, the National Basketball Association (NBA) has partnered with the web3 fantasy game platform Sorare. (Read More)

Signature Bank Suffers $4.27 Billion Crypto Deposit Outflows

Signature bank has suffered its major outflows with around $4.27 billion triggered by the recent crypto market downturn. (Read More)

Protocol Upgrade to Boost Transactions Speed & Cross-Chain Communcation Security: Algorand

Algorand said that the new protocol upgrade will boost its transactions per second (TPS) and cross-chain communication security via state proofs. (Read More)

ETC Group to Launch New ETP Based on Upcoming Ethereum Hard Fork

ETC Group has joined a growing list of firms that will list products associated with Ethereum’s potential forked ETHW token. (Read More)

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