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Sony Block Solutions Labs Introduces Soneium, an Ethereum L2 Project
25.8.2024
Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project’s goal is to make...
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
23.8.2024
Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs...
BitVM Version 2 Introduces New Era for Bitcoin L2 Scaling Solutions
18.8.2024
On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White...
Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic
16.8.2024
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that...
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
16.8.2024
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations...
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some
Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa
11.8.2024
Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust...
New platform tracks Bitcoin rollup performance in real time
9.8.2024
Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability
Canza Finance Partners With Stablecoin Issuer to Bring Efficient Financial Solutions to Africa
4.8.2024
Canza Finance has partnered with stablecoin issuer WSPN to provide secure and efficient financial solutions to users in Africa and other emerging markets. With the integration of WUSD into Canza Finance’s ecosystem, African users will be able to smoothly convert fiat currencies to the WUSD...
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
Web3 experts cite innovation and PR as key challenges for NFT adoption
19.7.2024
Web3 professionals discuss the barriers to broader NFT adoption, including the need for new narratives, improving reputation and simplifying user experiences
StarkWare verifies first zero-knowledge proof on Bitcoin
17.7.2024
StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities
Rotation Out of Mega-Cap U.S. Stocks Could Provide Tailwind for Cryptocurrencies, Marex Solutions Says
17.7.2024
Wall Street investors are deserting mega-cap stocks and piling into small-caps amid cooling inflation and strengthening signs of a Fed interest-rate cut
Transforming Crypto Payments: Bitvium Brings Light to Next-Gen Fintech Solutions
15.7.2024
PRESS RELEASE. A radical challenge in crypto payments is constant security problems, such as phishing scams and poor user experience. In this decade, users should never have to worry about those dangers, which makes Bitvium’s market offering distinctive. Bitvium is a trailblazing fintech...
EU endorses relational blockchain initiative for sustainable solutions
12.7.2024
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights
EU endorses relational blockchain initiative for sustainable solutions
12.7.2024
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions
North Carolina's CBDC ban bill vetoed by governor
7.7.2024
Governor Roy Cooper was slammed for not putting "partisan politics aside” to support a law that would benefit all North Carolina residents
North Carolina’s CBDC ban bill vetoed by governor
7.7.2024
Governor Roy Cooper was slammed for not putting “partisan politics aside” to support a law that would benefit all North Carolina residents
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
4.7.2024
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility...
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
3.7.2024
Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto exchanges, including Binance and Coinbase, through...