The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated. Following the projected victory of Donal Trump in the U.S. presidential elections, bitcoin briefly shot north of $75,000, breaking the prior high of $73,000 reached when exchange traded funds (ETFs) of […]
Blockchain News
JP Morgan rebrands blockchain unit to Kinexys
JP Morgan has rebranded its Onyx blockchain unit to Kinexys by JP Morgan. The move was announced today by Umar Farooq, the global co-head of JP Morgan payments during the Singapore Fintech Festival. As we previously reported, the blockchain platform has executed more than $1.5 trillion in notional value since launch, with current volumes exceeding $2 billion daily. That’s still tiny compared […]
Blockchain-Backed Click App Reinvents Trust in Photojournalism
In a digital age when the line between truth and authenticity often blurs, the Click camera app brings a powerful tool to verify the reality behind images. For the first time, journalists working in Lebanon are capturing images from conflict zones that are digitally authenticated through a commercially available app. These images represent a breakthrough […]
Will Blockchain’s Move Into Finance ‘Take Decades To Take Shape’?
As blockchain technology gains traction in traditional finance, Anthony Rousseau, TradeStation‘s vice president and head of brokerage solutions, shared his thoughts on the complexities of merging these systems. In a pre-event interview for the upcoming Benzinga Future of Digital Assets conference, Rousseau detailed the careful process of integrating blockchain within long-established financial structures. A Careful Transition for Traditional […]
Shiba Inu Price Soars on Kusama’s Vision of a Blockchain Silicon Valley-S.H.I.B
The Shiba Inu (SHIB) ecosystem is buzzing with excitement after Shytoshi Kusama, the pseudonymous lead visionary of the Shiba Inu project, unveiled an ambitious vision for a “Silicon Valley for the Blockchain Industry.” This bold proposal, dubbed the Strategic Hub for Innovation in Blockchain (S.H.I.B.), ignited a surge in the price of SHIB, demonstrating the […]
BitGPT unveils new Web3 AI platform at Binance Blockchain Week
This week, BitGPT revealed its new AI-driven Web3 platform with an in-depth demo in front of a live audience at Binance’s Blockchain Week conference in Dubai. The project’s vision is simple: merge the magic of Generative AI with the digital sovereignty of Web3 through a unified platform where humans and AI agents can bypass the […]
Ethereum white paper turns 11, celebrating blockchain’s ‘foundational’ layer
The first iteration of Ethereum’s foundational technical document, the white paper, has turned 11 years old. The first iteration of the document, also called the “proto-white paper” was first shared by Ethereum co-founder Vitalik Buterin in November 2013, in an email titled ‘Introducing Ethereum: a generalized smart contract/DAC platform.’ This marks the first time the Ethereum […]
BBVA’s Tokenized Fund Pilot Paves the Way for Blockchain in Finance
In an innovative move to merge traditional finance with decentralized technology, BBVA has introduced a tokenized, short-term, fixed-income fund. This project, designed to operate within a regulated framework, is part of BBVA’s exploration into how blockchain technology can enhance fund management processes. Through this initiative, BBVA aims to assess how blockchain could streamline functions like […]
Tether Drops Plan To Build an Official Blockchain As of Now: CEO
Paolo Ardoino, the CEO of stablecoin issuer Tether (USDT), has quashed the rumours about launching an official Tether Chain. In a post on X, he wrote, “Tether is not planning to build an official blockchain at this time.” In another post on November 4, Ardoino said that the main reason behind Tether not launching an […]
How ‘Off the Grid’ Could Impact the Future of Blockchain Games
Avalanche-based battle royale shooter Off the Grid has experienced mainstream success that we haven’t seen from crypto games before. The third-person shooter quickly became the top free-to-play title on the Epic Games Store last month, as the early access rollout attracted a crowd of traditional gamers—some of whom may be more open to Web3 than […]