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Blockchain
American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the…
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is…
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Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs,…
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Scaling Solution Polygon (MATIC) Officially Rolls Out Three Improvement Proposals To Kick Off 2.0…
Layer-2 scaling solution Polygon (MATIC) is introducing new proposed changes to the network’s protocols as the initial phase of its anticipated technical upgrade begins.
In June, Polygon Labs announced that the blockchain will transition to…
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Shiba Inu Layer-2 Blockchain Shibarium Continues Explosive Growth, Leading To Spike in BONE Staking
Shiba Inu’s (SHIB) new layer-2 scaling solution is continuing its rapid growth, leading to a spike in staking for the altcoin used to operate its gas fees.
New data from SHIB blockchain tracker Shibariumscan finds that the total number of…
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Bitcoin Onchain Data Show Bullish Undercurrents
The market may appear boring, but under the surface, the onchain data is quietly aligning in favor of the bulls.
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Visa Says This Ethereum Rival Has ‘Unique Technological Advantages’ Over Other Chains
Credit card giant Visa says that one Ethereum (ETH) competitor has unique technological advantages over other blockchains as a payments platform.
In a new company blog post, the financial services titan says that smart contract platform…
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Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach
The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach.
North…
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Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in…
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‘What Is an NFT’ the Most Searched for Crypto-Related Phrase in the US — Study
The phrase “What is an NFT?” has been the most searched for crypto-related term with 39,459 average monthly queries, an analysis of nearly 300 questions has shown. With a search rate of 26,283, the queries for the phrase…
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Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023
In 2023, a notable wave of dormant ‘sleeping bitcoin’ transactions resurfaced, totaling a staggering 37,330 BTC valued at $958 million based on current BTC exchange rates. Throughout the year, analysis revealed that these…
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