Blockchain

Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. …
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African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former…
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A widely-followed analyst is giving a bullish outlook on the blockchain development of the Ethereum (ETH) competitor Solana (SOL). In a new interview with Paul Barron, the pseudonymous host of InvestAnswers says that the Solana ecosystem is…
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This second phase will include a more thorough testing environment to encourage validator participation.
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Payments giant Swift is teaming up with Chainlink (LINK) and several financial giants for a blockchain interoperability settlement experiment. According to a new announcement from Swift, the payments company says it is testing blockchain…
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Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain…
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Through new forms of digital artistry and cutting-edge technological innovation, today’s leading beauty companies hope to reach Web3-native consumers, create meaningful experiences and perhaps even clean up their supply chain.
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Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum.…
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Ethereum (ETH) competitor Avalanche (AVAX) achieved a new milestone by surpassing one million monthly active addresses in May, the first time the proof of stake blockchain has hit the number. Citing crypto data analytics platform Artemis,…
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New data from the market intelligence platform IntoTheBlock reveals that the daily number of transactions over Dogecoin (DOGE) significantly spiked in May. According to the crypto analytics firm, the number of daily transactions over the…
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