Blockchain News

USC Marshall’s Business of Blockchain Initiative aims to position the business school as a leader in blockchain education while preparing students for the seismic shifts the technology is expected to bring. In May 2023, University of Southern California president Carol L. Folt announced her Frontiers of Computing moonshot, a billion-dollar investment to expand advanced computing […]

A resolution recently introduced in the U.S. House of Representatives expresses support for blockchain technology and digital assets. The resolution affirms that the United States should prioritize understanding the potential opportunities of the internet, foster advances in technology to improve the financial system and create more fair and equitable access to financial services, strive to […]

Xsolla introduces a specialized chain powered by ZKsync and a “digital backpack” feature to streamline payment options, expand monetization avenues and simplify Web3 adoption for developers. The worldwide gaming scene has grown significantly in recent years, drawing players across platforms and regions. However, launching and maintaining a successful title often requires more than just captivating […]

Founded by three pseudonymous developers, Berachain, a layer-1 blockchain set to compete with Ethereum and Solana, will launch its mainnet on February 6, 2025. The network utilizes a new consensus mechanism called proof-of-liquidity, which aims to better align the incentives of network participants while improving security of the chain. Upon its launch, the new EVM-identical blockchain will try to […]

Blockchain Expert Zachxbt Exposes North Korea’s Costly XRP Mishap This oversight—akin to mailing a letter without a street number—will likely render the transaction effectively void, leaving the funds stranded in cryptographic limbo. As detailed Tuesday by blockchain analyst Zachxbt, operatives tied to the Democratic People’s Republic of Korea (DPRK)—North Korea’s formal designation—bungled a cryptocurrency transfer involving approximately $121,000 in XRP due […]

UBS offers Swiss retail and wealth clients the ability to make fractional gold investments through its UBS key4 gold product. It is managed using a permissioned blockchain, the UBS Gold Network, but now the bank wants to explore making the offering available outside of Switzerland. Hence, it ran a proof of concept (PoC) using ZKsync, […]

As 2024 comes to an end, the Web3 gaming industry is still at a crossroads. Often touted as the future of gaming, with promises of true freedom for players, it has also become a graveyard for ambition — 75% of projects launched between 2018 and 2023 failed within a year. And as the industry stands on the […]

Switzerland’s largest bank, UBS, is experimenting with blockchain technology to modernize digital gold investments for retail investors. The Union Bank of Switzerland (UBS), with over $5.7 trillion in assets under management, has completed a proof-of-concept for its fractional gold investment product, UBS Key4 Gold, on the Ethereum layer-2 (L2) network ZKsync Validium. By leveraging ZKsync, […]

Coinbase has continued its expansion spree with yet another acquisition this year. On January 31, the American-based crypto exchange announced its latest purchase—Spindl, a blockchain advertising platform—along with its entire team. With this acquisition, Coinbase aims to enhance on-chain advertising by providing developers with better tools to promote their projects. The move is intended to […]

Injective plans to launch native Ethereum Virtual Machine support on its Layer 1 blockchain — aimed at improving the network’s capabilities. Injective’s original software architecture does not natively support EVM code, but this new development will change that and bring Ethereum-compatible decentralized applications to the network. Over the past few years, several newer blockchains have […]