Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
[May 16 7:00 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
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ShibaSwap rolls out major upgrade, moves to Shibarium
[May 16 3:49 AM] Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.
Mastercard, Standard Chartered test tokenized deposit transaction
[May 15 1:57 PM] Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account.
Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation
[May 15 12:36 PM] The governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and…
Circle shifts legal home to US ahead of IPO
[May 15 4:06 AM] Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence.
Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
[May 14 11:38 AM] Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.
Vitalik Buterin proposes Ethereum gas model overhaul
[May 14 5:34 AM] Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.
Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain
[May 14 5:20 AM] The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide…
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
[May 14 2:26 AM] Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the…
Stolen Poloniex Ether worth $53M never made it back to the exchange
[May 14 2:02 AM] The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
[May 13 11:09 PM] Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile…
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
[May 12 2:05 PM] Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of…
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Runes protocol sees significant decline in activity
[May 12 4:02 AM] Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline.
NFT Sales See Week-Over-Week Decline as Market Continues to Cool
[May 11 6:39 AM] Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million, yet this was a 13% decrease from the preceding…
Zilliqa battles back-to-back network disruptions amid latest upgrade rollout
[May 10 7:41 AM] Following a series of network disruptions, Zilliqa has restored network functionality and is focused on debugging amid its v9.3.4 network upgrade.
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win
[May 10 12:00 AM] Exiled opposition leader Mark Fegyin is leading an effort to give Russians an anonymous, blockchain-powered way to register a "protest vote" against Russia's election results which have handed Vladimir Putin a fifth term as Russian president.
Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner
[May 9 9:29 PM] Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an…
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
[May 9 7:41 PM] In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African…
Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards
[May 9 2:17 PM] Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by…
Ripple joins multi-chain DeRec Alliance for secrets management
[May 9 1:00 PM] Ripple joins the Hedera and Algorand Foundations and industry players to advance a recovery standard to rival ERC-4337.
Protocol Village: Gnosis Inks Strategic Partnership with Zeal, Invests $2M
[May 9 10:13 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.
Ghana’s crypto stamps honor king’s Silver Jubilee
[May 9 4:42 AM] Ghana Post launched a crypto stamp collection to showcase its king’s 25-year-long journey of persevering in traditional values and adopting new-age technology.
Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO
[May 9 4:38 AM] Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.
Starknet to bring on AI agents that can carry out on-chain activity
[May 9 4:30 AM] The Web3 and AI firm Giza plans to bring autonomous bots onto Starknet by the end of June.
Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion
[May 9 1:30 AM] The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.
Blockchain education initiatives take off amid crypto bull market
[May 8 1:00 PM] Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.
Chainalysis sets up regional HQ in Dubai amid local crypto boom
[May 8 7:25 AM] Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology.
Mastercard joins forces with US banking titans for tokenized settlement trials
[May 8 6:37 AM] The partnership between significant banking giants in the U.S. and Mastercard aims to streamline multiple asset-class settlements on a shared ledger platform.
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
[May 8 3:00 AM] Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars.