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Blockchain
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).
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Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the…
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Mondelēz International Partners With Hedera on Distributed Ledger Technology
The Hedera Council announced a new partnership with food giant Mondelēz International, the company behind popular brands such as Toblerone, Cadbury, and Oreo.
As the governance body for the Hedera public network, the council will assist…
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Stacks Skyrockets 3,028% in Annual Revenue Ahead of Nakamoto Upgrade
Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000.
The market capitalization of Stack’s native cryptocurrency, STX, experienced…
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Citi Completes Private Market Tokenization Test Using Avalanche
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund…
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Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token…
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New Study Unveils the Total Cost to Attack Bitcoin and Ethereum
A newly published Social Science Research Network (SSRN) paper by Lucas Nuzzi, Kyle Waters, and Matias Andrade introduces a novel approach to calculating the Total Cost to Attack (TCA) Bitcoin and Ethereum. The comprehensive analysis sheds…
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Protocol Village: Justin Sun Tweets Tron DAO’s Roadmap for Bitcoin Layer-2
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21.
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Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption —…
Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has…
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$290,000,000 Drained From Crypto Gaming Platform PlayDapp by Hackers After Massive Security Breach:…
Blockchain analytics firm Elliptic says the crypto gaming platform PlayDapp (PLA) lost $290 million worth of crypto assets as a result of security breaches this month.
Elliptic says the first breach, suspected to involve a private key leak,…
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