Wed, February 12

China Launches New Research Center Focusing on Blockchain Tech

China has announced the launch of a new research centre that will focus on blockchain technology, despite the country’s rocky history with cryptocurrencies. The National Blockchain Technology Innovation Centre in China has received approval from the Ministry of Science and Technology. According to South China Morning Post, the primary goals

February 10, 2023 1 min read

German DekaBank Partners With Metaco to Launch Tokenization Platform

With the help of digital asset company Metaco, the 105-year-old German bank DekaBank plans to introduce a tokenization platform built on the blockchain. Digital asset custody executive at DekaBank Andreas Sack said the organization aims to deliver its blockchain platform in 2024. With the underlying infrastructure completed by 2023. Sack

February 10, 2023 1 min read

Venom Blockchain Collaborates With DAO Maker to Incubate Web3 Startups

Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a cooperation with DAO Maker, a prominent blockchain growth solutions provider recognized for their Launchpad, to incubate innovative Web3 firms with an emphasis on providing real-world use cases. DAO Maker will actively contribute to

February 10, 2023 2 mins read

Japanese Tech Firm Fujitsu Announces Web3 Acceleration Platform

Web3 Accelerator is dedicated to helping startups in a growing field. By offering co-working space, business assistance, financing options, and community, the program aids entrepreneurs in creating, tokenizing, and releasing new products. Fujitsu, a Japanese multinational technology firm, has announced the release of a new platform to aid Web3 developers

February 10, 2023 1 min read

Tether (USDT) Users Experience Transaction Outage

After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of February, 2023, TRON-powered TRC-20 transactions faced interruptions. Users of USDT encounter a problem with transferring their funds to other exchanges.  Following the proposal, the stablecoin Tether “USDT” has buzzed social media with transaction issues.

February 7, 2023 2 mins read

Fuse Network Introduces Fuse 2.0 Driving Mainstream Crypto Adoption

The Fuse Network has just unveiled Fuse 2.0 which is aimed at overcoming a key barrier to widespread acceptance that cryptocurrencies must overcome. Providing a technological stack that is mobile-friendly to securely allow for new SaaS business models in Web3. Currently used digital payment rails process billions of transactions per

February 7, 2023 3 mins read

$4M Crypto Scam in a Hotel Lobby Revealed After Months

Crypto hacks and scams of recent times devised different strategies to sweep away users’ funds. This frenzy season of hacks is about to archive an unsolved scam. On Monday, a $4 million crypto hack linked to the Web3 metaverse game project Webaverse was revealed to the public on Twitter. a

February 7, 2023 2 mins read

Russia’s Alfa-Bank Launches Digital Asset Platform Post Approval

According to a report by the Russian business news outlet RBC, Director of Innovation at Alfa-Bank Denis Dodon announced the introduction of a platform called “A-Token” that would enable the issuing of digital financial assets (DFAs). The bank was permitted to do so after the Bank of Russia declared on

February 6, 2023 1 min read

Uniswap Community Votes in Favor to Deploy on Boba Network’s Ethereum Layer-2

The Boba Foundation on behalf of the Boba network community is happy to announce that the governance vote to deploy the top decentralized exchange (DEX) Uniswap v3 on the Boba Network L2 on Ethereum was successful. The Boba Network is the only multichain layer-2 blockchain scaling solution and the only

February 6, 2023 4 mins read

AI Outpacing Blockchain For Institutional Traders As per JPMorgan

When asked which technology they believe would have the greatest impact on the future of trading over the next three years. Institutional traders chose artificial intelligence and machine learning four times more frequently than blockchain and distributed ledger technologies. Now in its seventh year, JP Morgan’s e-Trading Edit report is

February 6, 2023 1 min read