Mon, August 31

Franklin Templeton’s Fund Launches on Polygon Blockchain

On Wednesday, a global investment managing organization, Franklin Templeton announced the ‘Fund’ is supported on the Polygon blockchain. The ‘Fund’ refers to the Franklin OnChain U.S. Government Money Fund (FOBXX) which uses public blockchain for processing transactions and recording share ownership respectively. .@FTI_US is now #onPolygon 🏦 Franklin OnChain U.S.

April 27, 2023 2 mins read

Amazon Web Services Partners With Cronos To Boost Web3 Growth

On Wednesday, Amazon Web Services, the cloud computing arm of the e-commerce behemoth, announced cooperation with Cronos, further establishing itself in the cryptocurrency industry. Amazon’s continued crypto, blockchain, Web3, and NFT footprint growth reflects the company’s anticipation of future technological breakthroughs in these areas. The Cronos Accelerator Programme, which helps

April 26, 2023 1 min read

Users Can Now Purchase NFT via ChatGPT, Says Solana Labs

Solana Labs, the creators of Solana, enables the integration of OpenAI’s ChatGPT chatbot with the Ethereum scaling network through an open-source plugin. Chiefly, this launch lets users pull in Solana-focused data “directly from ChatGPT,” as per the announcement. The company released the plugin’s source code on GitHub on Monday, welcoming

April 26, 2023 2 mins read

Layer-1 Blockchain Venom’s Public Testnet Goes Live

The public testnet for Venom, a Layer-1 blockchain that runs off of the Abu Dhabi Global Market (ADGM), went live today. The achievement is a huge step forward in Venom’s roadmap as it gets ready to go live on the mainnet. As part of its expanding ecosystem, Venom has also

April 25, 2023 2 mins read

Decentralized Exchange GMX To Integrate Chainlink’s Low Latency Oracles

Chainlink, the standard Web3 services platform, and GMX, the biggest decentralized perpetual exchange running on Arbitrum and Avalanche, have now announced that the GMX community has elected to incorporate Chainlink’s innovative low-latency oracles for financial market data. Moreover, launch partner GMX will be incorporating the new solution’s low-latency oracles into

April 25, 2023 2 mins read

Understanding Cryptocurrency Forks: Types and Implications

Every blockchain has a unique protocol with a collection of algorithms that define it. Examples are the confirmation mechanism, block size, transaction speed, and protection technique. Engineers occasionally alter a cryptocurrency’s core code to enhance or correct issues. A “cryptocurrency fork” occurs when an asset with qualitatively different qualities emerges

April 24, 2023 7 mins read

Korea Blockchain Week Returns in 2023 Following Enormously Successful 2022 Edition

 Korea Blockchain Week (KBW), one of the leading blockchain and Web3 events in Asia, will return for 2023 following the immense success of the 2022 edition, which was the first in-person iteration since the Covid pandemic. KBW2023 is founded by Factblock, a Web3 ecosystem accelerator, and co-hosted by Hashed, the

April 24, 2023 3 mins read

Citibank Completes India’s First $3M Blockchain-enabled Letter of Credit

India’s recent completion of its first blockchain-enabled letter of credit transaction on the Contour Network marks a significant milestone in the digitization of trade finance processes. The transaction, valued at $3 million by Citibank, is expected to reduce transaction time and costs for clients, paving the way for more efficient

April 23, 2023 2 mins read

Trust Wallet Announces Reimbursement to Users Affected by Exploit

Trust Wallet, a cryptocurrency wallet, has announced a security flaw that has cost some customers approximately $170,000. The firm claims that they have applied a fix to the issue. The Trust Wallet bug bounty program is where the company first learned about the vulnerability. In November of 2022, a security

April 23, 2023 2 mins read

Litecoin’s Blockchain Boasts 780 Trillion Hashes for Unmatched Security and Speed

The Litecoin (LTC) blockchain has been making waves in the world of cryptocurrency, with its impressive computational strength and security. As evidenced by the stunning number of 783,119,893,335,823 beautiful hashes, LTC has become a force to be reckoned with in the realm of digital currencies. Unveiling the Computational Strength and

April 22, 2023 2 mins read