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AI Predicts China Will Ban High-Energy Blockchains
8.5.2024
We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban.
The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews
Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains
26.4.2024
Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.
The post Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains appeared first on Cryptonews
dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple Blockchains
29.3.2024
Google has recently enhanced its search features to enable users to search for wallet balances across various blockchains, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.
The post Google Enhances Search Features to Include Crypto Wallet Balance Search Across Multiple...
Franklin Templeton Recognizes Strong Link Between Meme Coins and Native Blockchains
14.3.2024
In its latest research shared on social media, Franklin Templeton highlights the significant relationship between meme coins like Dogecoin and their underlying blockchains, including Solana and Ethereum.
The post Franklin Templeton Recognizes Strong Link Between Meme Coins and Native Blockchains...
India Hosts Nearly 8 Million Verifiable Government Documents on Blockchains
6.3.2024
India's National Informatics Centre (NIC), a government agency operating under the Ministry of Electronics and IT (MeitY), has hosted almost eight million government-issued verifiable documents on five blockchains.
The post India Hosts Nearly 8 Million Verifiable Government Documents...
Tether Launches Recovery Tool for Migration of USDT Across Blockchains in Case of Disruptions
5.3.2024
Tether, a major stablecoin issuer and one of the leading players in the crypto market, has introduced a recovery tool to facilitate the seamless migration of its USDT stablecoin between different blockchains.
The post Tether Launches Recovery Tool for Migration of USDT Across Blockchains in Case...
2024 Crypto Trends: Rollups, Corporate Adoption, and Bitcoin-Centric Solutions
15.1.2024
Source: Adobe / Bussarin The crypto industry is anticipating a positive shift in 2024, with several key trends shaping the landscape. After a prolonged crypto winter, increased institutional demand and growing Bitcoin adoption are expected to drive innovation. Notable trends to watch include...
Polygon PoS Now Supported By Amazon Managed Blockchain Access
4.12.2023
Source: AdobeStock / gguy Amazon Managed Blockchain (AMB) Access now supports the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB is a fully managed service that provides access to public and private blockchains. Polygon is a scaling solution leveraging...
Orion’s All-in-One Trading Terminal Aggregates Crypto Liquidity
21.11.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The crypto market today comprises hundreds of centralized exchanges, decentralized exchanges, AMMs, aggregators, and blockchains. Across Layer1s, Layer2s...
Ondo and Axelar Join Forces for Ondo Bridge
13.11.2023
Tokenized secure note issuer Ondo Finance and Web3 cross-chain platform Axelar came together Monday, November 13th to unveil Ondo Bridge, a cross-chain mechanism designed to facilitate easy transfers of Ondo tokens across blockchains. “A superior and safer yield-generating stablecoin”...
Near Foundation and Polygon Labs Partner to Build Zero-Knowledge ‘Prover’ for WASM Chains
12.11.2023
Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with maximum security guarantees. Transaction Settling...
21co Unwraps New Suite of Wrapped Cryptocurrencies
12.9.2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co...
Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High
29.6.2023
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum’s virtual machine for the first time. Bitcoin cash extended its own gains...
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...
Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains
3.4.2023
On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees....
Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions
30.3.2023
Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
5.1.2023
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of...
2 NFT Projects Plan to Transition From Solana to Alternative Blockchains
26.12.2022
Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023....