Tue, November 4

Internal Conflict Leads to Validator Shutting Nodes on Secret Network

A significant layer-1 privacy smart contract validator, the Secret Network has said it would stop providing nodes and support for the network. One of the largest validators, Smart Stake, declared on January 29 that it will stop operating validator nodes for the Secret Network on February 21. Smart Stake has

January 31, 2023 1 min read

Everscale Blockchain Receives $5 Million Strategic Investment from Venom Ventures Fund

Web3 and blockchain innovation fund Venom Ventures Fund, run by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has established a strategic agreement with Everscale, a leading blockchain that seeks to address the Web3 industry’s scalability problems. Everscale will get a $5 million investment from Venom Ventures Fund to assist

January 31, 2023 2 mins read

Ripple Teams Up With Montenegro Central Bank For CBDC Launch

Montenegro’s Prime Minister Dritran Abazonic has stated that the country’s central bank would be working with Ripple to create a central bank digital currency (CBDC). While in Davos, Switzerland for the World Economic Forum, the country’s Prime Minister allegedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis.

January 31, 2023 2 mins read

Harmony Bridge Hackers Move Nearly $27M Stolen Funds

The North Korean hackers responsible for the June thefts from the Harmony Bridge are still attempting to launder the stolen monies. ZachXBT, a blockchain detective, disclosed on January 28 that the culprits had transferred 17,278 Ether, or nearly $27 million, over the course of the weekend. ZachXBT said in a

January 30, 2023 1 min read

Brazil’s Sao Paulo Embraces Blockchain For Municipal Law

A growing number of industries and governments are beginning to use blockchain, a key component of cryptocurrency. Sao Paulo’s new municipal data and transparency law recognizes blockchain as a tool that may be utilized to facilitate government operations. In the law, blockchain is described as a distributed digital ledger that

January 28, 2023 2 mins read

Binance to Briefly Pause Tron (TRX) Deposits Amid Wallet Maintenance

Binance, a prominent cryptocurrency exchange, has stated that on January 30, 2023, at 6:00 a.m. (UTC) it would execute wallet maintenance for the Tron Network (TRX). The duration of this is roughly 1 hour. Therefore, commencing on January 30 at 5:55 a.m. UTC, Tron Network (TRX) deposits will be temporarily

January 27, 2023 2 mins read

SoftConstruct’s Fastex Secures $23.2M in Burgeoning Token Sale

After completing its private and public sale of Fasttoken (FTN), a part of the Fastex web3 ecosystem developed by SoftConstruct, has raised $23.2 million. The public was given access to FTN, the official cryptocurrency of the Fastex ecosystem, on January 18 as part of a token creation event that was

January 27, 2023 1 min read

Emerging Cryptocurrency Options Market Gets New Addition of TONcoin (TON)

After the addition of TONcoin (TON) as its third major cryptocurrency, the emerging cryptocurrency options trading industry is poised to take off. It’s a significant addition to what might be one of the most profitable digital token trading markets, allowing private people and institutional investors to boost their exposure to

January 26, 2023 4 mins read

MarketAcross Picked As Web3’s Lead Media Partner For European Blockchain Convention

MarketAcross, a pioneer in blockchain marketing, has become the exclusive worldwide media partner for the forthcoming European Blockchain Convention (EBC). In its ninth edition, this conference will take place at the Hyatt Regency in Barcelona, Spain, from February 15-17, 2023, and is projected to attract more than 2,500 participants. The

January 25, 2023 2 mins read

Quai Network (QUAI) Plans to Achieve 50K Transactions Per Second

The layer 1 network of blockchain Quai Network ($QUAI) alarmed crypto enthusiasts by intending to utilize multiple blockchains operating in parallel and secured by merged mining to achieve over “50,000 Transactions per second (TPS).” The network uses Proof-of-Work (PoW) 2.0 and sharding technology to achieve high throughput. The Quai Network

January 23, 2023 1 min read
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