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Blockchain
Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the…
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Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different…
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The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be…
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Sidechains Can Provide ‘Scalability and Flexibility Needed for Real-World Applications’ — Horizen…
All-in-one infrastructure solutions may be what is needed to drive the adoption of Web3, but such solutions might turn out to be complex and not as flexible, Rob Viglione, the co-founder and CEO at Horizen Labs, has argued. In addition,…
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Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains…
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Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a…
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Polygon (MATIC) Developer Announces Promotion of Web3 Veteran As Company’s New CEO
The developer behind the Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) just announced the promotion of its chief legal officer to CEO.
Web3 veteran Marc Boiron is taking the helm of Polygon Labs as the company’s president, Ryan…
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Arkham Intelligence Rolls Out Crypto Data Marketplace; Privacy Advocates Cry Foul
On-chain data provider Arkham Intelligence has announced the release of a marketplace that allows people to buy and sell on-chain cryptocurrency data.
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Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.
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Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.
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