Blockchain News

Guinea-Bissau has launched a blockchain platform to manage civil servants’ salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday. Blockchain technology is a virtual ledger that allows information to be stored and exchanged in a secure, secret and unmodifiable manner. Each transaction is recorded in real time, in a […]

Ronin network, an Ethereum sidechain that hosts Axie Infinity and other games, is experiencing a resurgence with about 1.4 million daily active users. That puts it in second place across all blockchains, just behind Tron’s 2.2 million daily active users, according to Token Terminal. But the Ronin network only generated the 13th highest fee revenue […]

Argentina’s grassroots crypto community is working to establish a “Blockchain Valley” in the nation’s capital. The movement, called “Crecimiento,” which means growth in Spanish, has amassed a so far small following of 500, but the group includes the most prominent names in Argentina’s crypto ecosystem: Diego Guitérrez, Co-founder of Bitcoin Layer 2 Rootstock, Elian Alvarez, General […]

Instant settlement payment provider Coinflow Labs has raised $2.25 million in seed funding. The company said this funding round, announced Tuesday (May 28), will help it bolster its payments infrastructure solution, which is designed to reduce the time it takes for merchants to receive payments. “Typically, merchants who accept cards experience multiple business days of delay before settlement, causing […]

Aptos, a layer-1 blockchain platform developed by former Facebook employees, has set a new record in blockchain transactions. On May 25, Aptos surpassed Solana by recording an astounding 115.4 million transactions in a single day, far exceeding Solana’s 31.7 million, according to Aptoscan. The surge in transaction volume not only shattered previous records but also […]

The European Union (EU) has been advised to brace for the convergence of blockchain technology and artificial intelligence (AI). The European Blockchain Observatory and Forum (EUBOF) — an initiative of the European Commission — monitored and analyzed blockchain developments across Europe and published a concluding report on May 24. The report, authored by the EUBOF team, highlighted […]

The total value locked on The Open Network blockchain has crossed $300 million for the first time — an over tenfold increase since early March. The network is seeing locked value surge amid an ongoing ecosystem initiative, The Open League. This is contributing to the surge in TVL by rewarding users of TON’s top decentralized […]

The total value locked on The Open Network blockchain has crossed $300 million for the first time — an over tenfold increase since early March. The network is seeing locked value surge amid an ongoing ecosystem initiative, The Open League. This is contributing to the surge in TVL by rewarding users of TON’s top decentralized […]

A recent study has revealed that 60% of US residents lack comprehension of blockchain technology. Millennials emerged as the most confident generation regarding cryptocurrency knowledge, according to a recent study by language learning marketplace Preply. It also found a gender gap, with men generally feeling more assured about their crypto understanding than women. However, despite 46% […]

During the week of May 19 to May 25, blockchain startups collectively raised over $258 million, spearheaded by decentralized social protocol Farcaster’s $150 million series A round. According to Crypto Fundraising, four startups raised $179.2 million in Series A rounds in the last seven days, while 12 startups got $24.1 million via unknown rounds. Crypto […]