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Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network
22.9.2023
Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried, has reportedly been implicated in holding an advisory position within a prominent Democratic dark money network. Watchdogs suggest that this arrangement warrants a thorough investigation.
This allegation...
Ethereum's Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
22.9.2023
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said
Aztec Network launches Aztec Sandbox
21.9.2023
Aztec Network has announced the launch of Aztec Sandbox. The solution has been teased to the community of developers as a local testnet for smart contract privacy. As the most ambitious software release, Aztec Network believes this is a major step toward achieving the fully decentralized...
Opera Launches Blockchain-Based Wallet Enabling Rapid P2P Stablecoin Transfers for African Users
21.9.2023
The creator of the Opera Mini web browser recently announced the launch of a blockchain-based wallet which makes it possible for African users to rapidly transfer stablecoins. Integration of the stablecoin wallet into the Opera Mini browser is expected to expose users to decentralized apps (dapps)...
Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network
21.9.2023
A new social token network called Alpha has emerged rivaling the popular Friend.tech platform but built on top of the Bitcoin blockchain
Best Crypto to Buy Now September 20 – XDC Network, Kaspa, Toncoin
20.9.2023
Following a major security breach that compromised $70 million in crypto assets last week, Hong Kong-based exchange CoinEx has begun gradually resuming withdrawals and deposits on its platform.
CoinEx anticipates the complete restoration of its wallet system by tomorrow, September 21.
With CoinEx...
All-Digital Xbox Leak Reignites Game Preservation Fears
20.9.2023
In some ways it feels like Microsoft has never quite recovered from its disastrous rollout of the Xbox One. A decade later, it has new studios, better consoles, and tons of great games, but the shadow of its big, out-of-touch bet on an all-digital Xbox with an expensive Kinect add-on still lingers....
‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate
20.9.2023
Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees...
Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
20.9.2023
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches last year
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
19.9.2023
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain
Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023
19.9.2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps...
Tether authorizes $1B USDT to "replenish" Tron network
19.9.2023
Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
IOTA Aims for a Comeback with Network Enhancements and Ecosystem Fund
18.9.2023
The once-prominent crypto project IOTA is planning a resurgence with a series of initiatives aimed at boosting network development and token value.
After losing market share to newer blockchains following a hype-fueled rally in 2017, IOTA is set to release an upgraded network, known as IOTA...
Microsoft Aiming To Release Next Xbox By 2028
18.9.2023
The successors to Microsoft’s current game consoles, the Xbox Series X and Xbox Series S, seemingly won’t be coming out until sometime in 2028. That’s according to conversations between company executives that were recently made public in federal court filings following the Federal Trade...
Base Network hits almost 2M transactions in a day, still lags Polygon, BSC
17.9.2023
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC
Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
16.9.2023
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide...
Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution
16.9.2023
At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese...
Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more
15.9.2023
This week’s Crypto Biz looks at PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model