Fully Homomorphic Encryption (FHE) Layer 2 Fhenix has announced a significant upgrade to its testnet . Fhenix is getting closer to its mainnet debut with the release of Nitrogen, the most recent version, which adds significant new decryption capabilities. By using the Threshold Network, which is the mechanism that Nitrogen employs to
November 20, 2024 3 mins read
Dojima Foundation has made an announcement on the debut of Omnichain Web, which is an infrastructure that is intended to hasten the adoption of Web3 by the general public by means of seamless chain integration and better interoperability across different chains. There are now over one hundred protocols that are
November 20, 2024 2 mins read
US spot Bitcoin exchange-traded funds still buy more bitcoins per day than are being produced. According to Coinglass, the total aggregate inflows across all eleven ETFs amount to around $814 million. Assuming institutional investors maintain their present pace of coin hoarding, a massive supply shock is likely, given that around
November 20, 2024 1 min read
To enhance supply chain procedures and cross-border agricultural commodity transactions, the second phase of the Drex central bank digital currency (CBDC) pilot was established by Brazil’s central bank, Banco Central do Brasil (BCB). Moreover, in the second stage, it will employ blockchain and oracles to create a trade financing solution.
November 19, 2024 2 mins read
Using the country’s Finance Ministry as a source, Russian news agency Interfax reported on Monday that the Russian government has authorized draft modifications to a law regarding the taxation of cryptocurrency transactions and mining. According to the report, cryptocurrency would be considered property for tax reasons under the proposed law.
November 19, 2024 1 min read
With the cryptocurrency markets surging once again, spot Bitcoin exchange-traded funds (ETFs) resumed their upward pace and had another good week. Data from the crypto monitoring platform SoSoValue shows that spot Bitcoin ETFs saw six weeks of positive flows, with net inflows of $1.67 billion during the trading week of
November 18, 2024 1 min read
A business license to do business in Abu Dhabi, the capital of the UAE, has been granted to BlackRock, a global financial corporation that also issues spot Bitcoin exchange-traded funds (ETFs). The clearance, which was issued on November 18th, demonstrates BlackRock’s desire in expanding into the crypto-friendly region, according to
November 18, 2024 2 mins read
NikolAI, one of the standout performers in TON Memelandia’s Cabal Arena, has achieved a groundbreaking milestone, reaching a $100 million market capitalization in just 11 days. This incredible feat solidifies its position as a top-tier memecoin and a trailblazer in TON’s rapidly expanding ecosystem. The token, launched on TONPump, has
November 16, 2024 1 min read
In order to support the ORDER token, Orderly Network, a leading provider of cloud liquidity infrastructure, has announced that it has integrated with Chainlink Price Feeds on the Arbitrum mainnet. This connection will offer high-quality and secure market data straight to its ecosystem. Chainlink was chosen by Orderly Network, a leading supplier of
November 14, 2024 3 mins read
Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top
November 12, 2024 2 mins read
