Blockchain News

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 […]

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 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 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 […]

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, 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 […]

Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report. The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter. Arkham is already reportedly in the process of obtaining […]

The US cattle industry is going blockchain. Decentralized cow verification service, CattleProof’s “Verified,” has been approved, giving it the historic title as the United States Department of Agriculture’s very first blockchain-based Process Verified Program (PVP). CattleProof is a Wyoming company that uses the distributed ledger technology to store individual cow’s data. Blockchain For Livestock Verification […]

World Bank Group estimates around 1.4 billion people worldwide lack access to banking services. Digital exclusion, the inequality in accessing digital technologies, remains a significant challenge, particularly in countries where technology is limited and banking infrastructure is underdeveloped. One of the primary goals of blockchain is to democratize access to resources for those left out due to […]

Gunzilla Games’ “Off The Grid” — a free-to-play, third-person, battle royale game — is currently ranked as the number one free-to-play game on the Epic Games online store. The game is still labeled as an early-access title but has also drawn significant attention on the Twitch streaming platform, where 154,440 viewers tuned in to watch […]