Browsing Category
Blockchain
ChatGPT Creator’s Eye-Scanning Crypto Project Closes In on $100,000,000 in Funding: Report
Sam Altman, the chief executive of OpenAI, is closing in on landing $100 million in funding to create a new crypto asset, according to a new Financial Times report.
Altman’s crypto project, Worldcoin, which plans to use a custom…
Read More...
Read More...
Bankrupt Lender Celsius Moves $780,000,000 Worth of Crypto After Lido Finance Allows Withdrawals
Bankrupt crypto lending platform Celsius transferred 428,000 staked ether (stETH) worth $780 million on Monday, according to Etherscan data.
The transfer corresponds with the introduction of a withdrawal feature by Lido Finance, the stETH…
Read More...
Read More...
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…
Read More...
Read More...
Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global
Cardano’s (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival’s developers.
In a new update, Cardano developer Input Output Global (IOG) says…
Read More...
Read More...
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks.…
Read More...
Read More...
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of…
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved…
Read More...
Read More...
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the ecosystem.” The unveiling of the adoption strategy document…
Read More...
Read More...
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday.
Read More...
Read More...
Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
If passed, the mining incentives for each liquidity pool on Canto will be reduced on average by roughly 38%, and data-block rewards known as "security emissions" would decrease by 15%.
Read More...
Read More...
Solana Creator Anatoly Yakovenko Says Ethereum Rival Can Already Handle Hundreds of Millions of…
Anatoly Yakovenko says that the Solana (SOL) chain is already set up to handle hundreds of millions of users.
In a new interview on Token Terminal’s YouTube channel, Yakovenko says that he believes the Ethereum (ETH) rival has the…
Read More...
Read More...