The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New […]
Ordinals NFTs have pushed transaction fees on the Bitcoin network to the highest levels since November 2022, shows on-chain data from IntoTheBlock. Transaction fees on the Bitcoin network have doubled in the past two weeks, […]
As per its annual report, PayPal, the leading financial institution, revealed that it held $604 million worth of crypto assets on behalf of its customers as of December 31, 2022. The report showed that the […]
The trading volume of decentralized exchanges (DEX) running on top of the Solana network has rapidly declined from January highs as interest in Bonk (BONK) token wanes. On-chain data from DeFiLlama shows that trading volume […]
E-commerce giant Shopify has launched its new blockchain suite of products for merchants. This development is expected to improve user experience on web3-based stores hosted on Shopify. In addition, merchants can utilize token gating and […]
Ethereum co-founder Vitalik Buterin made a significant contribution to help with the recent earthquake in Turkey and Syria. On Feb. 6, a powerful 7.8 magnitude earthquake struck Turkey, leaving a devastating impact on the region. […]
Binance CEO Changpeng ‘CZ’ Zhao thanked crypto venture capital firm Jump Crypto for reporting a bug on the BNB chain and appreciated the security team. CZ was responding to a tweet by BNB Chain’s chief scientist […]
“POS chain continues to exist and operate the way it does today. And the Polygon zkEVM will be a separate network,” Bjelic said. “We will have two networks running in parallel, with different value propositions, […]
The Securities and Exchange Commission’s (SEC) shutdown of crypto exchange Kraken’s U.S. staking-as-a-service business may certainly lead to a wider industry crackdown. However, “this is not a condemnation of staking writ large,” said Zachary Fallon, […]
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” […]
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