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UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race
10.1.2024
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix Group...
Fox Launches Blockchain-based Open Source Platform with Polygon Labs
10.1.2024
Source: Pixabay The Fox Corporation has partnered with Polygon Labs to unveil the new blockchain-based Verify, an open source platform designed to verify the authenticity of content and track its use across the web. Built on Polygon PoS, the core blockchain infrastructure can transparently prove...
South Korea’s Leading Crypto Venture Made 29 Investments in 2023, Allocating $28.44 Million in Total
27.12.2023
Source: Pixabay Hashed, South Korea’s largest crypto venture, has invested 36.8 billion won ($28.44 million) in blockchain projects this year. Despite the challenges faced during the prolonged crypto winter, Hashed successfully forged numerous new investments in blockchain infrastructure...
BloXroute To Reject All OFAC-listed Transactions, Sparks Censorship Debate
19.12.2023
Source: Pixabay BloXroute, a blockchain infrastructure company offering DeFi tools, has announced that its relays will begin declining transactions that include addresses listed under U.S. sanctions. “Effective immediately, all bloXroute relays will reject block bids if they contain OFAC...
Blockchain Firm LayerZero Labs to Launch Native Token in 2024
8.12.2023
Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...
Belgium Moves to Accelerate EU Blockchain Infrastructure Project
22.11.2023
Source: Pixabay The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024. Belgium to focus on a public sector European #blockchain during its EU presidency The country...
Belgium seeks to reboot the EU blockchain infrastructure project
22.11.2023
The country's government plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council
Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure
16.11.2023
Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...
Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator
16.11.2023
Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...
Etherfuse Launches ‘Stablebond’ Tokenized Bond Offering for Retail Investors in Mexico
1.11.2023
Etherfuse, a platform focused on improving decentralized blockchain infrastructure, has made a groundbreaking announcement to unveil ‘Stablebond’ at Solana’s breakpoint conference in Amsterdam. Live from the heart of Amsterdam, I got to introduce Stablebonds at @SolanaConf...
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
19.10.2023
Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s
27.7.2023
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s...
Blockchain Infrastructure Provider 0x Rolls Out New Suite of APIs
20.4.2023
0x announced that its new platform is aimed at providing developers the tools to build financial products on crypto rails
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
zkEVM could be the endgame for blockchain infrastructure
21.12.2022
Zero-knowledge virtual machines have the potential to revolutionize the portability of smart contracts, removing crypto’s last barrier to mass adoption
Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets
21.12.2022
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt...
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
National Bank of Kazakhstan to Integrate Digital Tenge With BNB Chain, Binance CEO Unveils
28.10.2022
The central bank of Kazakhstan intends to use Binance’s blockchain platform Bnb Chain for the deployment of its upcoming digital currency. The decision was made public on social media by Changpeng Zhao, the chief executive of the global crypto exchange which was recently licensed to work...
Partnership to Operate Malaysia's National Blockchain Infrastructure Sealed
7.10.2022
Malaysia's Blockchain Infrastructure will be jointly created and operated by Zetrix, a Malaysia-based layer-1 blockchain structure and MIMOS Technology Solutions Sdn. Bhd. (MTSSB), a tech consultancy and the infrastructure will be for all levels of government and commercial sectors, an announcement...