Blockchain venture funding in Africa decreased by 74% in the first half of 2024 compared to the same period in 2023. On July 16, Swiss blockchain venture capital firm CV VC released its latest report on African venture funding. Within the report, CV VC highlighted that Africa secured $34.7 million in H1 2024. Compared to 2023, when […]
Blockchain News
Palau partners with Soramitsu on blockchain-based bond platform
The Pacific island nation of Palau has contracted Japanese financial software company Soramitsu to create a platform to issue and manage government bonds. The project is expected to begin trials this fiscal year with a live rollout possible next year. This is the latest of several blockchain projects the country has invested in. The Nikkei reported that […]
Panasonic, IBM, and Constellation Network Launch “Blockchain of Blockchains” in Global Hackathon
Tech giants Panasonic and IBM have partnered with Constellation Network to launch a “Blockchain of Blockchains.” This Hypergraph distributed ledger technology has been under development for years. Following the launch, web3 and web2 developers can build on the blockchain, launching during Constellation’s Global Metagraph Hackathon, a fully virtual event from 15 July to 9 September […]
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
Partior, a blockchain settlement network and fintech services firm backed by JP Morgan, Standard Chartered, and Temasek announced the successful closure of a $60 million series B funding round led by Peak XV Partners on July 12. The round was supported by Valor Capital Group and Jump Trading Group with continuing support from DBS, JP Morgan, Standard […]
Crypto: The ECB Explores Blockchain for its Digital Euro
In a rapidly evolving financial context where crypto is gaining importance, the European Central Bank (ECB) positions itself at the forefront of innovation. The pivotal institution of the eurozone is intensifying its research on blockchain technology for the development of its central bank digital currency (CBDC). Blockchain at the heart of ECB experiments The ECB recently concluded […]
Internet Computer Protocol promotes blockchain engagement in Africa
Nigerian youths have been urged to actively engage with blockchain technology to enhance their global competitiveness. Adedayo Adebajo, co-founder of ICP Hub Sahara — an official branch of the Internet Computer Protocol ecosystem — highlighted the importance of engaging with blockchain technology during the second DecaHack cohort held at the University of Ibadan (UI) in […]
Crypto: The ECB Explores Blockchain for its Digital Euro
In a rapidly evolving financial context where crypto is gaining importance, the European Central Bank (ECB) positions itself at the forefront of innovation. The pivotal institution of the eurozone is intensifying its research on blockchain technology for the development of its central bank digital currency (CBDC). Blockchain at the heart of ECB experiments The ECB recently concluded […]
‘Memes are the gateway to crypto and blockchain’: SHIB developer Kusama
The pseudonymous lead developers of memecoin Shiba Inu (SHIB), Shytoshi Kusama and Kaal Dhairya, gave their first-ever interview to the Arabian Business. In the interview published on Friday, Kusama and Dhairya disclosed previously unknown facts about their past lives. For instance, Kusama, who speaks six languages, used to be an Uber driver in Los Angeles, apart from having “done […]
Crypto: the Blockchain Integrates the National Defense Strategy of the United States!
The National Defense Authorization Act (NDAA) report for fiscal year 2025 is known. This marks a turning point in the United States’ national defense efforts, with the introduction of a mandate for blockchain use. A strategic development highlighting the Senate’s commitment to integrating crypto technologies, to enhance national security and operational transparency. Crypto: Blockchain at […]
SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The U.S. Securities and Exchange Commission dropped a three-year-old investigation into Hiro Systems, a blockchain software developer (formerly known as Blockstack) that raised $70 million in token sales from 2017 to 2019, according to a Friday filing. The probe’s conclusion is another win for the crypto industry in its years-long struggle with the regulator and […]