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The global investment bank JPMorgan has announced the opening of a new innovation center in Athens, Greece. This is where they will experiment with blockchain technology to create new products and services. The bank’s 2020-released Onyx platform will be the primary focus of the lab’s application development efforts. The Blockchain
As a technical glitch slowed users’ ability to trade cryptocurrencies, move assets, or do anything on the Solana network’s blockchain early Saturday. Infrastructure providers scrambled to fix the problem. According to Solana’s Discord channel, the blockchain began “forking” at about 00:53 New York time. After that, the RAM of validators
South Korean blockchain research and data analysis service Messari has joined the ranks of crypto-focused businesses that have laid off employees in response to the current economic downturn. They let 15% of their employees go because they knew it was the best move for the company in the long term.
Immutable, a prominent Australian crypto gaming firm, recently announced it has laid off 11% of its workforce in order to preserve its financial reserves for the indefinite future. Having already laid off staff in July 2022, Immutable is now doing so again. The layoffs were disclosed in a memo emailed
The technology firm Tencent has announced that its subsidiary, Tencent Cloud, would be actively supporting Web3 innovations and contributing to the long-term growth of the worldwide Web3 community. To strengthen the Web3 ecosystem, the cloud provider has formed partnerships with crypto platforms including Ankr, Avalanche, Scroll, and Sui. According to
Ankr, the blockchain infrastructure provider’s partnership with Microsoft has benefitted the native utility token. Ankr token had an instant 70% increase in price, with the 7 days high mark at $0.053714. At present, the token is trading at $0.04676586 with a 37.6% rise in the last 24 hours. The overall
The “VeWorld” native self-custody wallet for VeChain, an enterprise-focused blockchain platform, has been released. The VeChain Foundation has a lot of exciting things planned for this year. Including the introduction of a wallet that will provide users with a broad variety of advantages. A tweet from the Foundation’s account today
Ankr, a supplier of decentralized blockchain infrastructure, and Microsoft have collaborated to provide a new kind of node hosting service via the Microsoft Azure Marketplace. As part of the collaboration, both businesses’ technologies will be integrated, with Microsoft’s cloud services joining Ankr’s blockchain infrastructure. Developers working on Web3 projects will
With the recent release of RIF Flyover, it is now possible to move Bitcoin quickly and securely from the Rootstock sidechain to the main Bitcoin blockchain in only a few minutes as opposed to taking hours. The “Repayment Protocol” known as RIF Flyover is distinctive in its architecture. The procedure
In the State of Illinois, Senator Robert Peters introduced a bill under the Digital Property Protection and Law Enforcement Act, on the 9th of February. The motto behind this bill (SB1887) is to protect the people in the state against digital property crimes and fraud. To summarize the bill in
