Blockchain News

Gaming technology startup Improbable has announced plans to develop its own layer-1 blockchain, Somnia, which the firm claims will process over 400,000 transactions per second. Somnia, which plans to launch in devnet in the coming weeks, has “cracked the scalability problem that has long hindered blockchain technology,” Improbable founder and CEO Herman Narula claimed in a statement. […]

R3, a blockchain company backed by investors including Bank of America Corp. and Intel Corp., is exploring strategic options including selling itself, people familiar with the matter said. The New York-based company has held initial discussions with representatives from Ava Labs, the Solana Foundation and Adhara, said the people, who asked not to be named […]

Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant’s upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing. The proposal, filed by a shareholder advisory board, calls for a detailed evaluation of the flagship crypto’s potential role […]

The Undersecretary for e-Government at the Department of Information and Communications Technology (DICT) of the Philippines, David L Almirol Jr, says the recent integration of blockchain technology in to the country’s digital government ecosystem will significantly improve trust and security. The government introduced the blockchain integration four months ago, as reported by CoinGeek. It is […]

The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step action plan, which includes legal reforms, ecosystem development, and international collaboration. Boosting Vietnam’s Blockchain […]

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday. APE began to rally as Apechain […]

Following recent secrecy around its finances, Blockchain.com faces prosecution for not filing current accounts. The last time it filed was for 2020—but it was sent only just this month. The case was heard on September 25 in Cardiff Magistrates Court. Accounts, though related to a business’s tax return, are different from taxes and primarily include […]

Decentralized Oracle provider Chainlink will introduce a new blockchain payment solution for financial institutions. In collaboration with Swift, a global messaging network used by banks and institutions, Chainlink revealed a new integration enabling institutions to use Swift messages to interact with blockchain technology. The integration will enable digital asset settlement with minimal adjustments to existing […]

One altcoin running on the Ethereum (ETH) network is seeing massive gains after a new blockchain launched in its ecosystem. ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, soared to $1.74 on Monday, a 135% jump in value form Saturday. APE began to rally as Apechain […]

The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step action plan, which includes legal reforms, ecosystem development, and international collaboration. Boosting Vietnam’s Blockchain […]