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Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon
25.2.2023
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of...
For Solana Users, 'Priority Fees' Mean Paying Up to Skip the Line
24.2.2023
The network's developers implemented a new feature last year to let some users to pay extra to avoid congestion. Even the elevated "priority fee" rate is still considered low, so the adoption rate is growing
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales
24.2.2023
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club...
Recycle to earn, a new frontier for blockchain technology towards ESG goals
24.2.2023
At the European Blockchain Convention, Circularr won the award for blockchain startup of the year. Recycling with blockchain was the pitch
FTX Founder Sam Bankman-Fried Faces More Criminal Charges – The Latest Twist in a High-Profile Case
24.2.2023
Disgraced FTX founder Sam Bankman-Fried is facing more criminal charges, including charges for concealing information from banks.
In an indictment unsealed on Thursday this week, Bankman-Fried was charged with four additional criminal counts on top of the eight original charges against him....
Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility
24.2.2023
Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to...
Ukraine-based blockchain firm reports company 'stronger' one year into war
24.2.2023
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling
Crypto and blockchain education becomes priority at top universities
24.2.2023
As crypto adoption rises, more universities are offering crypto courses
South Korean Regulator Is Probing Crypto Staking Services
24.2.2023
A top South Korean financial regulator has launched a probe into domestic crypto staking services. And crypto exchanges are concerned this means new staking-related regulations could be incoming.
The media outlet News1 reported that the Financial Supervisory Service (FSS) has “recently requested”...
Coinbase Launches Layer 2 Blockchain Base to Offer Fast, Low-Cost and Secure Transactions – Here's What You Need to Know
24.2.2023
The major US-based crypto exchange Coinbase has announced the launch of its own layer 2 blockchain for Ethereum (ETH) called Base.
Base brands itself as a “secure, low-cost, developer-friendly” way to build decentralized applications (dapps), and will serve as a home both for Coinbase’s...
VC blockchain and crypto funding drops off in Q4 2022: Report
24.2.2023
2022 saw an overall decline in the amount of venture capital funding going into the blockchain and cryptocurrency space
Ankr partners with Tencent to provide the readymade blockchain to Web3 companies
24.2.2023
Ankr recently announced entering a partnership with Tencent Cloud. The technology provider released an official tweet and post to inform users about the partnership. According to Ankr, the collaboration will see both parties creating a complete suite of blockchain API solutions. These services will...
Google Cloud to Become Tezos Validator and Offer Validation Services
24.2.2023
Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform...
Switchboard is now on Core Mainnet Alpha
24.2.2023
In the first quarter of the year 2023, the Core blockchain happens to have been formally launched to mainnet. In this very scenario, Switchboard will be backing all of the connected developers in Core’s ecosystem with the help of the oracle framework. Oracles happen to be an extremely significant...
Coinbase new blockchain seen as 'massive confidence vote' for Ethereum
24.2.2023
One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
24.2.2023
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....
Coinbase's New Layer 2 Blockchain, Base, Has Rocky Rollout
24.2.2023
The much-anticipated protocol struggled to process user transactions, then became the target of some Twitter shade for changing some terms of a contribution pledge on the fly
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
23.2.2023
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function...
FTC Launches Investigation into Voyager's Alleged Deceptive Crypto Marketing Tactics – Here's the Latest
23.2.2023
The Federal Trade Commission (FTC) has announced that it is investigating the bankrupt crypto lender Voyager Digital for “deceptive and unfair marketing of cryptocurrency to the public.”
The announcement of the investigation came in a filing with the US Bankruptcy Court for the Southern District...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...