Yuga Labs, the Web3 company behind Bored Ape Yacht Club, is bringing AI to blockchain with the launch of ApeChain, a new creator platform. In order to future-proof its ecosystem, Yuga Labs is partnering with Wire Network, the universal Layer 1 blockchain infrastructure designed for the AI agent economy. That is, it’s the near future […]
Blockchain News
Radiant Capital Loses $50M to Second Blockchain Exploit This Year
Blockchain lending protocol Radiant Capital lost more than $50 million on Wednesday as the result of an apparent cyberattack, according to security experts and blockchain data. An attacker gained control of Radiant Capital’s blockchain contracts by obtaining three of the “private keys” that control the protocol, security experts said. “Radiant Capital contracts were exploited on […]
HUMBL issued US patent for blockchain payments technology
Blockchain firm HUMBL recently announced that the United States Patent and Trademark Office (USPTO) formally issued a patent for the company’s blockchain technology. The patent was issued on Oct. 15 for HUMBL’s nebulously titled “System and Method for Transferring Currency Using Blockchain.” While this isn’t the first company to receive a US patent for blockchain-related technology, the […]
African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot
Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros, or downright mismanagement. The boost involves Yellow Card, the U.S.-founded crypto platform launched in Nigeria in 2019, which […]
Radiant Capital Loses $50M to Second Blockchain Exploit This Year
Blockchain lending protocol Radiant Capital lost more than $50 million on Wednesday as the result of an apparent cyberattack, according to security experts and blockchain data. An attacker gained control of Radiant Capital’s blockchain contracts by obtaining three of the “private keys” that control the protocol, security experts said. “Radiant Capital contracts were exploited on […]
African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot
Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros or downright mismanagement. The boost involves Yellow Card, the U.S.-founded crypto platform launched in Nigeria in 2019, which has since become the continent’s […]
Ripple commits $1M to boost crisis aid with blockchain and RLUSD stablecoin
Ripple has pledged $1 million to explore how its upcoming RLUSD stablecoin and cross-border payment solutions can enhance cash relief and fund transfers in crisis zones. On Oct. 16, Ripple announced a new partnership with the International Rescue Committee (IRC), which aims to transform humanitarian aid delivery through blockchain technology. This initiative reflects Ripple’s commitment to leveraging its global payments network and […]
Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain networks, will be added to the Stellar ecosystem as the exclusive credentialing solution “to enable a range of secure, compliant use cases” for crypto wallet providers such as Coins.ph, Mercado […]
Aura Blockchain Consortium Welcomes First Luxury Furniture Brands Poltrona Frau and Savio Firmino
MILAN — The Aura Blockchain Consortium has welcomed the first two furniture firms to its community of luxury brands. On Tuesday, the Switzerland-based group said Italian luxury furniture brands Poltrona Frau and Savio Firmino joined as associate members, as they, like many other luxury players, seek to enhance authenticity, traceability, incorporate certifications and meet requirements […]
Mint Blockchain Secures $1.35 Million Grant From Optimism Governance
Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $1.35 Million to Support […]