Blockchain News

A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups. Center to Serve as Platform for Launching Latest Blockchain Technology Apps A […]

In a blog post on Aug. 5, Circle announced that its decision to end USDC usdc-0.13%USDC support on Flow flow10.54%Flow is due to the blockchain network’s upcoming Crescendo upgrade. Minting of the U.S. dollar-pegged stablecoin will continue on Flow until Aug. 27, 2024, at 12 pm ET. “Circle Mint customers, retail USDC holders, and non-Circle customers who hold USDC on Flow […]

The global AdTech market is expected to grow to $2.9 trillion by 2031 with a compound annual growth rate (CAGR) of 14.7%, according to Allied Market Research. In a scenario where digital advertising is becoming increasingly complex and fraught with challenges, advertisers look for solutions to help save money. According to PwC research, the digital […]

A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened. Additionally, the blockchain center will incorporate a venture capital arm to support and invest in Web3 startups. Center to Serve as Platform for Launching Latest Blockchain Technology Apps A […]

Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in the mid-20% range, slightly lower than the previous month due to a lower […]

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assorted cryptocurrencies. The specific assets stolen included approximately 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The smart contract audit firm Beosin revealed the nature of the breach in […]

As blockchain enthusiasts, we’ve long championed decentralization, transparency, and democratized access—the 2008 principles that revolutionized our global view of financial economies—but the recent buy-in from Wall Street behemoths is threatening the 16 years of architecture we’ve built on these foundations. Financial titans like JP Morgan, Standard Chartered, HSBC, and Goldman Sachs are diving deep into […]

Fantom has rebranded to Sonic Labs, one of the main bodies supporting Sonic, a new layer-1 blockchain with a layer-2 bridge that connects to Ethereum. The project’s official documentation stated: “We rebranded to Sonic Labs on August 1, 2024. Previously, our company was called ‘Fantom Foundation’ and our Opera chain was referred to as ‘Fantom.’” The rebrand follows […]

OwlTing Group integrated its digital wallet, OwlPay Wallet Pro, with the Stellar blockchain to support the USDC stablecoin on Stellar. The integration will expand the reach of the OwlPay payment platform to the more than 8 million accounts on Stellar, OwlTing, a global blockchain FinTech company, said in a Thursday (Aug. 1) press release. “Integrating […]

Rep. Nancy Mace, R-S.C., introduced a new bill on Tuesday that would direct the Department of Veterans Affairs (VA) to use blockchain technology to improve how veterans receive their benefits and services. Rep. Mace – who chairs the House Oversight Subcommittee on Cybersecurity, Information Technology and Government Innovation – introduced the Veterans Affairs Distributed Ledger […]