According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched sup...
Tag: infrastructure
684 million BUSD burned for redemptions amid US regulatory scrutiny
Just over a day after it categorically denied regulator claims Binance USD (BUSD) is a security, Paxos has burned some 684 million of the stablecoin for U.S. dollar redemptions, on-chain data show. &#...
Sinbad crypto mixing service may be Blender in disguise: Elliptic
A shuttered crypto transaction mixer once sanctioned by U.S. regulators may have returned under a new name, according to an analysis by crypto firm Elliptic. Elliptic said that on-chain data sho...
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives – Bitcoin News
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objecti...
Credit Suisse leads $65 million Series B in digital asset firm Taurus
Taurus SA, a Switzerland-based digital asset infrastructure company focused on servicing financial institutions in Europe, raised $65 million in a Series B funding round. Credit Suisse, Switzerl...
UAE Bank Launches Financial Infrastructure Transformation Program
The Central Bank of the UAE launches Digital Financial Initiatives via Financial Infrastructure Transformation Programme (FIT). The FIT program includes nine key digital finance initiatives that allo...
More than 100,000 ETH has gone through MEV-Boost since The Merge
The amount of ETH distributed via the maximal extracted value (MEV) tool from Flashbots, MEV-Boost, recently surpassed 100,000 ETH ($162 million) since the Ethereum Merge last September, according to ...
Mawson Infrastructure Group Inc. Breaks Ground on Sharon, PA 120 MW Bitcoin Mining Facility
Mawson has broken ground on the 120 MW Bitcoin mining facility in Sharon, PA. First 12 MW available in early Q2, 2023. SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Maws...
DAM Finance’s Global Liquidity Infrastructure Live on Ethereum and Polkadot Mainnet
Miami, Florida, 9th February, 2023, Chainwire Users can leverage the decentralized liquidity layer to teleport DAM’s omnichain stablecoin d2o from Ethereum to Moonbeam on Polkadot. Today, DAM Finance...
Chorus One brings MEV protocol to Solana
The Solana blockchain may see a new open-source approach to maximal extracted value (MEV), according to a white paper produced by blockchain protocol architect, Chorus One. The version of MEV fo...
Mawson Infrastructure Group Inc. Announces Results of Reverse Stock Split Vote
Mawson stockholders vote in favor of Reverse Stock Split SHARON, Pa. & SYDNEY–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure p...
Leading Web3 Infrastructure Company Chainstack Hires Cloud Infrastructure Guru as CEO
SINGAPORE–(BUSINESS WIRE)–#Web3forAll–Chainstack, the leading suite of services connecting all developers with web3 infrastructure, just made a massive power play and hired Jan-Jaap (JJ) Jager as thei...
Billionaire Justin Sun Announces Launch of New TRON-Powered AI Infrastructure and Payments Network
Justin Sun says Tron (TRX) will launch a new decentralized payment framework for artificial intelligence (AI) systems. The Tron founder says in a new Twitter thread that the framework will work for ar...
Lido presents plan for Version 2, adding staking withdrawals and more
Lido Finance finished the design for the second version of its protocol, which will bring in support for Ethereum staking withdrawals post-Shanghai and rework the Staking Router in a way that should b...
Ethereum infrastructure: A look at SSV Network and how it is evolving
Ethereum’s SSV network unveils a new fund that supports further decentralization. SSV bulls may be headed for a cliff after the strong performance in the last two months. Ethereum is fairly popular in...
Bitcoin mining infrastructure startup Giga Energy raising $10 million in Series A
Giga Energy, a bitcoin mining infrastructure startup focused on utilizing wasted natural gas as a power source, is raising $10 million in Series A funding. The funding will help the Texas-based ...
Binance signs MoU to deliver cryptocurrency infrastructure in Georgia
Binance signed a Memorandum of Understanding (MoU) with the Georgian Agency for Innovation and Technology (GITA). The agreement will see collaboration with “large scale” educational and community bloc...
BNB Greenfield, Decentralized Storage infrastructure for the New Data Economy – Cryptopolitan
The BNB Greenfield sidechain outlines the decentralized storage infrastructure and how it will be used within the broader BNB Chain ecosystem. This guide describes how users, businesses, developers, a...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Binance’s New Blockchain Platform Aims to Build Web3 Infrastructure
In its recently published BNB Greenfield white paper, the cryptocurrency exchange Binance stated that it is interested in constructing a blockchain-based Web3 infrastructure. BNB Chain is a blockchain...
Venom Ventures Fund Taps Everscale Network To Achieve Scalable Web3 Infrastructure
Despite a turbulent 2022 for the crypto markets, investors remain committed to investing in Web3 entities. That sentiment affects established entities like Andreessen Horowitz and newly established in...
Mawson Infrastructure Group Inc Announces Board Appointment
Appointment of Mr. Rahul Mewawalla as a Member of the Mawson Board and Committees SHARON, Pa. & SYDNEY–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a...
Coinbase loses Bison Trail co-founders: Sources
The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation. Joe Lallouz and Aaron Henshaw created Bison Trails to run infrastructure on multiple b...
Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure – Bitcoin News
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastruc...
LayerZero CEO denies accusations of critical trusted third-party vulnerabilities
LayerZero CEO Bryan Pellegrino denied accusations that LayerZero — in connection with its Stargate bridge — has two critical trusted third-party vulnerabilities. “It’s 100% factually incor...
Montenegro PM Reveals Ripple Partnership, Hinting At Developing Payment Infrastructure
Following a recent meeting, the blockchain company will likely help the Balkan country create an inclusive payment infrastructure. Montenegro’s prime minister, Dr. Dritan Abazovic, in a short Twitter ...
Web3 infrastructure firm Spatial Labs raises $10 million in ‘first’ for Black founder
Spatial Labs, a web3 infrastructure firm focused on improving metaverse and commerce, raised $10 million in a seed funding round. Blockchain Capital led the round, with existing investor Marcy V...
Ivan on Tech’s Moralis becomes latest crypto firm to cut headcount
Moralis, a blockchain infrastructure firm co-founded by popular crypto content creator Ivan Liljeqvist (aka Ivan on Tech), is the latest crypto company to cut jobs, Liljeqvist told The Block. “I...
New tool lets Tornado Cash users privately show their funds were not illicit
A tool built by Chainway lets Tornado Cash users prove their initial deposits were not from a list of wallets containing stolen funds — without revealing their own address. Called Proof of Innoc...