8 / 9 Relevant items tagged with #BlockchainTechnology
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Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
Stellar Breaks Free: Unleashes New Open-Source Disbursement Platform
[Aug 16, 2023 9:00 PM] Blockchain-based payment network Stellar has introduced the open-source “Stellar Disbursement Platform,” aimed at facilitating faster, cost-effective, and transparent digital disbursements worldwide. Developed by the Stellar Development Foundation
House Financial Services Committee Advances Clarity for Payment Stablecoins Act
[Aug 9, 2023 5:30 AM] On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stablecoins Act of 2023 would establish a federal regulatory framework for stablecoins with the U.S…
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
[Jul 27, 2023 3:00 PM] Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility…
zkSync Unveils Boojum Upgrade: The Ultimate Solution For Scalability And Security?
[Jul 17, 2023 10:30 AM] zkSync, a blockchain network that aims to make digital self-ownership universally accessible, has announced a major cryptographic upgrade to its proof system. The upgrade involves transitioning to a new STARK-based proof system called Boojum…
Predicting the Unpredictable: AI Chatbot Claude Outlines Potential 2024 Prices for Top 40 Crypto Assets
[Jul 13, 2023 5:30 PM] Two weeks ago, Bitcoin.com News used six artificial intelligence chatbots to predict the price of bitcoin (BTC) by the end of 2023. After the release of Anthropic’s Claude 2 in July, we conducted another experiment, tasking Claude with…
BIS Report Cites ‘Inherent Limitations’ of Cryptocurrencies; Questions Their Role in Global Economy
[Jul 13, 2023 8:00 AM] The Bank of International Settlements (BIS) has published a report on cryptocurrencies and explains that the technology has serious “flaws.” BIS researchers insist that permissionless blockchains have “inherent limitations” that lead to network…
Arkham’s New Crypto Intel Trading Platform: A Game Changer For Traders?
[Jul 10, 2023 8:50 AM] Arkham, a blockchain intelligence platform, announced the launch of the world’s first on-chain intelligence marketplace, the Arkham Intel Exchange. This new platform will connect buyers and sellers of information on any crypto wallet address…
TRX Bulls Charge Ahead As Tron Network Prepares For Major Upgrade
[Jul 4, 2023 12:00 PM] The Tron (TRX) Network is set to undergo a major upgrade on July 11th, and TRX and other key metrics have seen a steady uptrend as the upgrade approaches. The upcoming Periander upgrade brings significant enhancements to the Tron Network, while TRX…
Optimism Bedrock Upgrade Sends Network Transactions Soaring By 67%
[Jun 26, 2023 8:00 PM] Optimism (OP) is a layer 2 scaling solution that operates on top of the Ethereum mainnet, providing faster and cheaper transactions for Ethereum users. It was launched in 2020 and has quickly become one of the most popular scaling solutions for the…
Polygon Labs Unveils Major Upgrade To Sidechain With ‘zkEVM Validium’ Layer 2
[Jun 20, 2023 6:30 PM] Polygon Labs, the engineering team behind the popular Polygon PoS (Proof of Stake) chain, has proposed a major upgrade to the network. The upgrade would introduce a “first-of-its-kind” decentralized L2 (Layer 2) secured by zero-knowledge (ZK)…
NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales
[Jun 20, 2023 1:30 PM] In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a…
China and Malaysia to Research AI for Blockchain Applications in Trade
[Jun 19, 2023 2:30 AM] Blockchain developers from Malaysia will be working with Chinese colleagues to utilize artificial intelligence (AI) in foreign trade. The collaboration, which is part of a China-led international research program, aims to speed up cross-border…
USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum
[Jun 2, 2023 5:30 AM] Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged…
Fantom (FTM) Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance
[May 30, 2023 1:30 PM] Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the…
Crypto Achilles Heel: How The Absence Of Settlement Infrastructure Is Holding Back The Market
[May 15, 2023 8:00 PM] Ram Ahluwalia, the CEO of PeerNova, recently commented on the liquidity challenges the crypto market faces. According to Ahluwalia, the lack of a crypto bank settlement layer has led to a significant drying up of liquidity, hurting market makers…
‘We can’t keep putting band-aids on the current system’ — OKX
[May 11, 2023 1:22 AM] OKX launches a new campaign calling for rewriting centralized legacy financial and digital systems using blockchain technology and Web3 solutions.
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
[May 2, 2023 10:00 AM] While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of…
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
[Apr 28, 2023 10:00 AM] As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted…
Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million
[Apr 24, 2023 8:30 AM] Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The…
From Margin To Perpetuals: How Decentralized Exchanges Are Redefining DeFi Trading
[Apr 19, 2023 1:00 PM] The decentralized finance (DeFi) space has been gaining tremendous traction over the last months, especially in the area of perpetual trading. The on-chain perpetual exchange sector has seen significant growth recently, with a total trading volume…
Optimism’s OP Token Jumps Ahead of a16z Project Announcement
[Apr 19, 2023 11:14 AM] It’s been a volatile 18 hours for the crypto.
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
[Apr 15, 2023 9:30 AM] Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase…
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
[Apr 11, 2023 12:00 PM] It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a…
Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges
[Apr 6, 2023 8:30 AM] In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of…
Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market
[Apr 2, 2023 7:30 PM] While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than…
March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs
[Apr 1, 2023 9:30 AM] According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last…
Crypto Industry Struggles To Access Banking Services In The US, Report Shows
[Mar 30, 2023 4:21 PM] Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly…