Blockchain News

Blockchain technology, known for its decentralised and transparent nature, is pushing forward the financial services industry The blockchain’s ability to tokenise assets, ie creating digital representations of physical and financial assets, promises enhanced transparency, increased liquidity and operational efficiencies. The shift towards a blockchain-centric financial industry is accelerating, with the tokenised market capitalisation expected to […]

Icebreaker, co-founded by Coinbase and Google veterans Dan Stone and Jack Dillé, has secured $5 million in seed funding at a $21 million valuation to scale its team and build blockchain’s answer to LinkedIn. CoinFund led the raise, with participation from Accomplice, Anagram and Legion Capital, among others, according to a statement on Wednesday. The […]

The integration of the NEAR Data Availability Layer (NEAR DA) and the Nuffle Fast Finality Layer (NFFL) into Haust Network brings significant improvement in blockchain security which increases scalability. Such approach addresses some of the most pressing blockchain challenges: scalability, throughput and transaction costs, all while maintaining a high degree of decentralization and security. Haust […]

The team behind the Base blockchain incubated by Coinbase unveiled a new product called Basenames, the latest way to make alphanumeric blockchain addresses human readable. The tool leverages the ​​popular Ethereum ETH -0.90% Name Service (a.k.a. ENS) that provides users with .eth addresses, like vitalik.eth or tom.base.eth. “Our vision for Base Names is that it […]

California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid to detect fraud and smoothen the title transfer process, the agency’s technology partners exclusively told Reuters on Tuesday. The project, in collaboration with tech company Oxhead Alpha on Avalanche blockchain, will allow California’s more than 39 million […]

Lawmakers and leaders from the public and private sectors began discussions Tuesday on how Alabama should regulate and use blockchain technology, an advanced system for storing and sharing data that is used by the cryptocurrency industry. The Alabama Blockchain Study Commission, created by a legislative resolution in May, met for the first time at the […]

Terra developers briefly paused network operations on Wednesday after an apparent reentrancy attack led to over $4 million of various tokens being taken from the blockchain. The blockchain halted at block height 11430400 for an emergency patch to fix the vulnerability. The fix was completed at 04:19 UTC. Validators, the entities that support the network, […]

The integration of artificial intelligence (AI) and blockchain technology has the potential to transform how capital markets function. AI is enabling better trading strategies, risk management, and generating better trading insights, according to Sankar Krishnan, Executive Vice-President for Banking and Capital Markets at Capgemini. “It can better predict asset prices and asset allocation strategies. Additionally, […]

Router Protocol has launched Router Chain — a Layer 1 network focused on multi-chain dapps. The network uses a proof-of-stake consensus mechanism based on the Tendermint framework. Interoperability project Router Protocol has launched a Layer 1 network designed for the development of decentralized applications that function across multiple blockchains. Known as the Router Chain, the […]

California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid to detect fraud and smoothen the title transfer process, the agency’s technology partners exclusively told Reuters on Tuesday. The project, in collaboration with tech company Oxhead Alpha on Avalanche blockchain, will allow California’s more than 39 million […]