29 / 70 Relevant items tagged with #Blockchain

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Study: 60% of US Crypto Investors Don’t Understand Blockchain

[May 25 1:19 AM] According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency…

What Is the Howey Test? Understanding Its Role in Crypto Regulation

[May 24 9:37 PM] This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to…

Onchain Fees for Bitcoin Drop to Six-Month Low

[May 24 9:14 AM] Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per…

Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

[May 24 12:17 AM] The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.

Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion

[May 23 7:35 PM] Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new…

Protocol Village: Cysic, ZK Hardware Acceleration Project, Raises $12M

[May 23 11:03 AM] The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see…

Proof-of-restaking and extended consensus — Interview with Units Network

[May 23 11:00 AM] Emerging from past challenges, this initiative emphasizes decentralized governance and advanced consensus mechanisms to foster innovation.

Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024

[May 23 6:16 AM] Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of…

Stepn Go app lets users share digital sneakers and split earnings

[May 23 5:49 AM] With StepN Go, users are now able to share their digital sneakers with friends and split the earnings with the new token, the Go Game Token.

Nigeria Appoints New Members to Blockchain Policy Steering Committee

[May 23 5:22 AM] The Director-General of the National Information Technology Development Agency in Nigeria announced on May 21 that new stakeholders have joined the blockchain steering committee. Malam Kashifu Inuwa stated that new members were incorporated to…

Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol

[May 22 2:31 PM] Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s…

Casper Labs, IBM launch Prove AI auditing solution on watsonx platform

[May 22 6:30 AM] Blockchain-based Casper Labs will integrate with “wastonx.governance” to provide enhanced security, access and versioning.

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs

[May 22 5:22 AM] After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at…

Ether Market Cap Adds Close to an Entire Solana Blockchain in a Single Day

[May 22 1:54 AM] SOL is often cited as a contender to replace ETH eventually. This week's market action shows how Herculean the task would be.

Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

[May 21 9:19 PM] Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any…

Gala Games Recovers $23M Stolen By Hacker, Plans Token Buyback Program

[May 21 5:00 PM] In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592…

SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule

[May 21 4:20 PM] Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition…

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

[May 21 10:50 AM] On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex…

Ethereum’s Dankrad Feist joins EigenLayer, faces community backlash

[May 21 4:08 AM] Feist’s decision to join EigenLayer as an adviser follows in the recent controversial footsteps of Ethereum researcher Justin Drake.

Yuga Labs halts CryptoPunks project after ‘woke’ community backlash

[May 21 2:01 AM] A community member said that Yuga Labs killed CryptoPunks with the new Super Punk World collection, while another threatened to sell their punk NFT.

62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize

[May 20 11:34 AM] According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale…

How to create a memecoin on Solana?

[May 20 9:10 AM] Anyone can create a memecoin through Solana without too much hassle. The process simply requires a good idea.

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

[May 19 7:33 PM] The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring…

Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC

[May 19 7:45 AM] Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet, which has never been spent…

Cardano Whales Return To The Table, Increase Massive Holdings By 10%

[May 18 11:00 AM] Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, which could experience significant price surges soon enough based on this…

Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

[May 18 8:20 AM] It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly…

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

[May 18 6:41 AM] Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by…

Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program

[May 17 11:36 PM] Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up…

US Treasury strategy would tighten virtual asset regulations, increase AI use

[May 17 12:26 PM] The Treasury’s fight against illicit finance will focus on better regulations, greater enforcement and AI.

The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio

[May 17 5:18 AM] The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant…