Circle is looking to extend the use of its USDC stablecoin to the new high-flying Ethereum layer-2 blockchain network, Soneium, according to a Sept. 16 statement shared with CryptoSlate. The move aims to make bridged USDC a integral token for value exchange on Soneium. This will utilize Circle’s Bridged USDC Standard, enabling the deployment of bridged USDC on Ethereum Virtual Machine […]
Blockchain News
Blockchain and digital identity initiatives find a new home
The newly established Linux Foundation Decentralized Trust (LF Decentralized Trust) aims to drive the development of decentralized technologies such as blockchain, cryptography and digital identities. The enterprise-focused blockchain platform Hyperledger Fabric 3.0 has already made it its new home. LF Decentralized Trust is now the umbrella organisation for everything related to blockchain, digital trust, and […]
A walk through the crypto jungle at Korea Blockchain Week
Blockchain technology is all about decentralization and virtualization. So it’s a little ironic that humans love to come together in person at big blockchain events. Such was the case last week in Seoul, where a record 17,000 people and 300 speakers came together for Korea Blockchain Week. Like traditional tech conferences, the event featured a lot […]
Ether.fi Expands Reach with Major Token Transfers and Launches Blockchain-Based Credit Card
Ether.fi, a rapidly growing platform in the cryptocurrency ecosystem, has recently captured attention due to a high-profile transaction involving the movement of $1.33 million worth of its native $ETHFI tokens. This transaction, which occurred just half an hour before the announcement, involved the transfer of tokens from the platform’s multi-signature wallet to Binance, one of […]
Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. “Even though the overall market has been a bit soft, the year has been pretty good for Magic Eden,” he said in an interview with […]
Blockchain gaming sets new record with 4.2 million daily active users in August
Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report. The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom. Ronin keeps its dominance Ronin continues […]
Exploring the intersection of data, AI and blockchain with Chainbase COO
In a recent episode of Cointelegraph’s Hashing It Out podcast, Chris Feng, co-founder and chief operating officer of Chainbase, joins host Elisha Owusu Akyaw to discuss the evolving role of data and artificial intelligence in the blockchain ecosystem. The podcast delved into how these technologies drive new developments within the Web3 space, shedding light on […]
How Qubetics Is Offering Pioneering Seamless Blockchain Interoperability with Exclusive Whitelist Access
Have you ever considered why blockchain technology has yet to be widely adopted? The power of decentralised applications is excellent, but it is also true that the existing blockchain networks are often isolated. This isolation complicates the process and hinders platforms’ effective communication and asset transfer. Qubetics $ (TICS) aims to identify market gaps and […]
Telegram CEO Durov’s arrest hasn’t dampened enthusiasm for its TON blockchain
Telegram has had a tough few weeks. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the network’s cryptocurrency, Toncoin, by a […]
How Blockchain Is Revolutionizing Supply Chain Management
Discover how blockchain technology is transforming the way businesses manage their supply chains. You’ll learn about increased transparency, improved traceability and enhanced efficiency in logistics. Find out why companies are rushing to adopt this revolutionary tech and how it’s solving age-old industry problems. In recent years, blockchain has emerged as a powerful force in the […]