Blockchain solutions provider Ripple is set to team up with Dubai’s DIFC Innovation Hub. The collaboration is designed to accelerate blockchain and digital assets innovation in the United Arab Emirates (UAE), Ripple announced Wednesday (Aug. 7), connecting developers with the DIFC Hub, home to more than 1,000 growth-stage tech companies, digital labs, venture capital outfits, […]
Blockchain News
Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE
Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion XRP to provide financial, technical, and business support to developers on the XRP Ledger (XRPL). Ripple and […]
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.8 million being stolen, according to crypto security firm Cyvers. The company, formerly known as AllianceBlock, posted an announcement on X saying it “identified the exploit” and is in discussions with law enforcement. The NXRA token contract has been paused and trading halted on decentralized […]
Ripple and DIFC Partner to Drive Blockchain and Crypto Adoption in UAE
Ripple has unveiled its plan to partner with the Dubai International Financial Centre (DIFC) Innovation Hub to promote blockchain and crypto adoption in the UAE. The collaboration seeks to encourage innovation among early-stage companies and large institutions. Ripple has dedicated one billion XRP to provide financial, technical, and business support to developers on the XRP Ledger (XRPL). Ripple and […]
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.8 million being stolen, according to crypto security firm Cyvers. The company, formerly known as AllianceBlock, posted an announcement on X saying it “identified the exploit” and is in discussions with law enforcement. The NXRA token contract has been paused and trading halted on decentralized […]
Blockchain reduces airline cargo costs by 7%, boosts efficiency
Airlines can save up to 7% in overall cargo handling operations using blockchain-based supply chain management solutions, which is another testament to the technology’s disruption potential. Airlines saved 7% in cargo handling operations in a recent study conducted at Heathrow Airport by Aventus, a firm offering enterprise-grade blockchain-as-a-service solutions. Beyond the 7% cost reduction, airlines also […]
Ethereum (ETH) ICO Investors Join New Cryptocurrency Built On ETH Blockchain
As Ethereum (ETH) continues to drive innovation in the cryptocurrency space, a new player is emerging that’s catching the eye of ICO investors: Mpeppe (MPEPE). Built on the Ethereum (ETH) blockchain, Mpeppe (MPEPE) is capturing attention for its unique blend of sports enthusiasm, blockchain innovation, and meme culture. Here’s why Ethereum (ETH) ICO investors are flocking to […]
Nubit and Succinct launch Nuport to connect blockchain ecosystems
Polychain-backed modular blockchain platform Nubit and Web3 firm Succinct have launched Nuport, a new interface leveraging Nubit’s data availability layer to connect various blockchains. In its announcement on Aug. 6, Nubit said Nuport would allow the modular blockchain to bridge to Bitcoin, Ethereum, Solana, and other blockchains. This will be achieved via Succinct SP1, a […]
Gaming Blockchain Ronin Falls Victim to $9.8M Security Breach
Peckshield revealed a major security breach impacting the Ronin Network in a Tuesday X post, leading to the loss of 3,996 Ether tokens, valued at approximately $9.8 million. White Hat Hacker Speculation Surrounds Ronin Security Breach The breach was initially discovered by blockchain security firm Peckshield, that speculated in an August 6 X post that […]
California DMV Digitizes 42 Million Car Titles with Avalanche Blockchain
This initiative shows increasing blockchain acceptance in government, hinting at more investment and exploration in public sectors. California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm […]