On June 12th, BOCI announced the issuance of 200 million Chinese yuan worth of digitally structured notes minted on the Ethereum blockchain, marking a significant advancement in their financial offeri...
Category: Blockchain
Live Blockchain News Updates.
Decentralized Social Networking App Damus Set To Be Removed From Apple's App Store
In a surprising turn of events, Damus, the popular decentralized social networking app built on Nostr, is facing removal from Apple’s App Store. Apple claims that Damus violates their guidelines...
Apple Warns Decentralized Social Media Platform Damus
Damus, the Nostr-based social media platform, has been given 14 days by Apple to update its app or face a ban due to its Bitcoin “tip” feature. While decentralized applications (dApps) are gaining pro...
The Urgent Call to Embrace Blockchain Innovation: Ava Labs CEO Warns of Disastrous Consequences if United States Fails to Act
In a critical appeal to United States officials, Emin Gün Sirer, the CEO of Ava Labs, has emphasized the need to foster and support responsible blockchain innovation. Sirer, slated to testify before t...
Blockchain Networks’ Decentralization Efforts Will Take a Hit if Tokens are Labelled Securities, Bernstein Says
The core issue is whether countries should use securities laws framed decades ago, “without realizing blockchain networks’ very aim is to transform the decades-old financial and securities market syst...
Shiba Inu’s Puppynet Blockchain Achieves Unprecedented 20M Transaction
Key Points: Shibarium’s Puppynet test network processed over 20 million transactions from 16 million wallets in 5 seconds on average. This suggests high demand for the network, which could increase th...
IMA Discusses Blockchain Utility for Management Accountants
Mastercard, Amazon, Walmart and several other leading companies are embracing blockchain technology. Institute of Management Accountants (IMA), a professional body of financial professionals, recently...
Cardano blockchain, clarifies on staff layoffs
Charles Hoskinson, the founder of Cardano blockchain, recently commented on an article written by CoinDesk regarding the alleged layoffs he implemented in order to revamp into a smaller Venture Studio...
MonFi Empowers Borrowers and Investors with Innovative Blockchain Microloan Platform
Berlin, Germany – MonFi, the pioneering blockchain-based microloan company, is thrilled to announce the launch of its innovative lending and investment platform. By harnessing the power of blockchain ...
Fear of blockchain will have ‘disastrous consequences’ — Ava Labs CEO testimony
Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don’...
Verasity (VRA) Blockchain Eliminating Ad Frauds on Digital Media
From Fortnie to League of Legends, the gaming industry is generating revenue worth billions of dollars from these electronic sports (esports). However, a huge sum of this income is getting lost due to...
Polygon Labs Ushers in a Blockchain Revolution with Polygon 2.0
Polygon 2.0 aims to be the Internet’s ultimate Value Layer. Community engagement drives Polygon’s transformative evolution. Polygon 2.0 offers unlimited scalability and unified liquidity via ZK tech. ...
A Comprehensive Guide to Understanding the Basics of EOS Blockchain
With the introduction of its first initial coin offering (ICO) in July 2017, the EOS blockchain shook the blockchain world with its entrance. The smart contract environment of the EOS allows businesse...
Ripple Joins with University of Toronto to Drive Blockchain Innovation in Canada
18 mins ago | 2 mins read Market News The university plans to launch an independent XRP ledger validator. The collaboration improves the crypto hub in Toronto. Ripple’s University Research Blockchain ...
Tether Bolsters Reserves with $1B Issuance on Ethereum Blockchain
Tether completes its second $1 billion issuance in two months, reaching over $16 billion in 2023. The recent issuance on the Ethereum blockchain is categorized as “replenishment” and will not impact U...
PawChain Sets to Revolutionize Blockchain Utilities
2 hours ago | 2 mins read Altcoin News PawChain revolutionizes blockchain with innovative utilities and user-centric design. PawAggregator, PawDAO, and PawWallet redefine the crypto experience for ent...
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series
Gensyn, an AI platform for blockchain-based computing resources conducted a fundraising series that closed on $43 million. Gensyn’s cryptographic verification network allows advanced machine learning ...
Gensyn AI Secures $43M for Decentralized Machine Learning Led by a16z
Even though the focus of the tech industry has shifted to artificial intelligence, companies working in machine learning are still working to maximize the benefits of decentralized technology. UK-base...
Bank of China issues $28M in digital structured notes on Ethereum blockchain
On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The mo...
What Is a Decentralized Autonomous Organization (DAO)?
What Is a Decentralized Autonomous Organization (DAOs)? Decentralized Autonomous Organization (DAOs) is an organization that operates on the blockchain and is governed by a set of smart contracts rath...
Decentralized Exchanges See Spike in Market Share Amid Regulatory Uncertainty in the US: IntoTheBlock
New data from on-chain intelligence firm IntoTheBlock finds that decentralized exchanges (DEXs) are seeing a rise in market share while a regulatory offensive develops in the US. According to a new re...
Blockchain Staking Provider Chorus One Expands to Urbit With New Hosting Service ‘Red Horizon’
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EOS Network Foundation’s Resilience: Revitalizing the EOS Blockchain Community
EOS, once among the top ten cryptocurrencies based on market capitalization, has seen a decline in its position and currently stands in the top 50. This journey, filled with setbacks, has become a top...
Avorak AI begins development of forensic tools for Ethereum Blockchain
Crypto Forensic Tools – A Necessity Ethereum, a notable digital asset, has gained considerable momentum and is now a favored option for decentralized applications (DApps) and smart contracts. Nonethel...
How Is Fragmented Blockchain Interoperability Solved By LayerZero Protocol? – Cryptopolitan
LayerZero is an innovative protocol that solves the blockchain ecosystem’s most significant challenge: interoperability. With the proliferation of blockchains, developers have a variety of platforms o...
How Bitcoin can help secure proof-of-stake blockchain protocols
The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford U...
Real Estate Impending Crash: How Blockchain Is The Solution
Robert Kiyosaki is not the only one who has warned about a potential real estate crash in 2023. A number of other experts have also expressed concerns about the current state of the market. Some of th...
Blockchain AI Gensyn Achieves $43 Million Investment Led By a16z
Key Points: Gensyn has completed a $43 million Series A funding round, led by a16z It is a blockchain-based artificial intelligence (AI) computing protocol that achieves many expectations. The investm...
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z Crypto
With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of the protocol and to expand its workforce, including...
Blockchain-based marketplace for compute power Gensyn raises $43 million
Deals • June 11, 2023, 7:00PM EDT London-based Gensyn, a blockchain-based marketplace protocol connecting buyers and sellers of compute power, today announced a $43 million Series A fundraise. A16z Cr...
Scaling Solution For Blockchain to a Hyper Scalability
What Is zkSync Era? zkSync Era is a layer 2 protocol which scales Ethereum with its cutting edge tech. Their aim is to increase the Ethereum throughput and maintain its foundational values.It has been...
3 Major Blockchain Networks Driving The Crypto Industry
Since its advent from more than a decade ago, blockchain has always been in the limelight of the tech world. In simple terms, blockchain is a distributed database that is shared by numerous computer n...