Blockchain News

Blockchain technology promises to create a “new financial market infrastructure” with “enhanced operational and economic efficiencies,” according to the United States Department of the Treasury’s Q4 2024 report. To unlock these benefits, the legal and “regulatory landscape will need to evolve alongside advances in tokenization of legacy assets,” according to the report. In an Oct. 29 […]

Ellipsis Labs, the developer team behind the Solana-based decentralized exchange Phoenix, has raised $21 million from Haun Ventures to launch Atlas, a new blockchain purpose-built for what is being termed, “verifiable finance.” Co-founders Eugene Chen and Jarry Xiao, who have backgrounds in high-frequency trading, founded Ellipsis Labs in 2022. According to a statement from Haun […]

Listed firm CryptoBlox Technologies Inc. has announced its acquisition of Blockchain Fintech Unipessoal LDA, a Portuguese company specializing in blockchain-based financial technologies. The announcement was part of the amended agreement that revises the initial acquisition terms disclosed on March 5, 2024, reflecting the latest developments in CryptoBlox’s strategic pursuit to expand its blockchain ecosystem. Under […]

Blockchain proponents argue that being anti-crypto is akin to being anti-internet in the 1990s, meaning against technology that will disrupt the world regardless of whether politicians support it. In the 2024 United States presidential election, being hostile to the blockchain industry is becoming increasingly expensive in terms of voting, according to Perianne Boring, founder and […]

Superscrypt, a blockchain venture capital company backed by Temasek Holdings Pte, plans to raise up to $100 million for its second investment fund, according to people familiar with the matter. Singapore’s state-owned investment company Temasek has been lined up as an anchor investor in the new fund alongside the New York-based fintech firm Republic, said […]

Polkadot 2.0: The evolution Polkadot is preparing for its biggest upgrade yet: Polkadot 2.0. The upgrade is expected to roll out in phases throughout 2024 and introduce key features such as Asynchronous Backing, Agile Coretime and Elastic Scaling. Cointelegraph Research’s latest report provides an overview of Polkadot 2.0’s evolution and discusses other key developments for Polkadot, […]

Blockchain proponents argue that being anti-crypto is akin to being anti-internet in the 1990s, meaning against technology that will disrupt the world regardless of whether politicians support it. In the 2024 United States presidential election, being hostile to the blockchain industry is becoming increasingly expensive in terms of voting, according to Perianne Boring, founder and […]

What’s going on here? Realize, an innovative tech firm from Abu Dhabi, has launched the Realize T-BILLS Fund, tokenizing ETFs focused on US Treasury bills for seamless blockchain trading. What does this mean? Realize’s move could revolutionize how we engage with Treasury ETFs, making them more accessible and cost-effective. By tokenizing ETFs from industry giants […]

Changpeng “CZ” Zhao, Binance’s founder and former CEO, made his first public appearance since his recent prison release, speaking at Binance Blockchain Week in Dubai. The event drew a standing-room-only crowd eager to hear CZ, who served four months in a U.S. prison after pleading guilty to Anti-Money Laundering violations under the Bank Secrecy Act. In his […]

Axal, a blockchain company developing a network of autonomous agents, announced today it has raised $2.5 million in pre-seed funding led by CMT Digital. The funding round also saw participation from a16z Crypto Startup School, Escape Velocity, IDG Vietnam, Artichoke Capital, Trident Digital, Blockchain Builders Fund, Blockhunters Group, Echo and the Mentat Group. Axal is […]