Sat, September 19

Alphabet Makes $1.5 Billion Investment in Blockchain Sector

Most investments are held by Samsung, 13. BlackRock trails only Alphabet in total investment capital with about $1.17B. Blockdata has examined data from the top 100 banks that are actively investing in crypto and blockchain firms. Large financial organizations are combining their resources to make the most of the rapidly

August 17, 2022 1 min read

Present Scenario of Cryptocurrency and Blockchain in the Region of Africa

When it comes to digital currency, Africa is still the biggest region to conquer. Even if there is a great deal of uncertainty around cryptocurrency and its technology, the area still has a financial imbalance. Though the task is far from done, Jelurida Africa has laid the groundwork for a

August 14, 2022 3 mins read

Ankr Secures Significant Strategic Investment by Binance Labs

Binance Labs is Binance’s venture capital arm and accelerator, and Ankr, one of the world’s top suppliers of Web3 infrastructure, is excited to announce that it has obtained a significant investment from Binance Labs. Ankr plans to invest the funds into expanding its Web3 developer suite, which currently consists of

August 11, 2022 2 mins read

Hackers Utilized Cross-chain Bridge ‘RenBridge’ to Launder $540M

RenBridge was used to launder at least $540 million from 2020 via chain hopping. These bridges have also been used by ransomware gangs, exploiters, and hackers. There have been several thefts of cross-chain bridges this year, but new information from blockchain analytics vendor Elliptic suggests that one of these bridges

August 11, 2022 1 min read

Firms Start Complying Following U.S Sanction on Tornado Cash

The project’s website, tornado.cash, has also been sanctioned. The Github account of Tornado creators has been terminated. Tornado Cash-related activity is being blocked by businesses. Tornado Cash-related cryptocurrency addresses were sanctioned by the U.S. Treasury Department earlier today, including 38 Ethereum accounts and six USDC addresses. The project’s website, tornado.cash,

August 9, 2022 2 mins read

Multi-blockchain Platform Geeq Secures $25 Million Investment

Geeq, a multi-blockchain platform, has obtained a $25 million investment from Global Emerging Market, an alternative investment group. Using Geeq’s solutions, blockchain technology may be made more accessible to a wider audience. Unlike standard fundraising rounds, Geeq’s funding is dependent on its performance. According to the company, their platform may

August 8, 2022 1 min read

Alchemy and Astar Network Join Forces to Speed Up Polkadot Web3 Development

Developers on Polkadot will be able to make use of Alchemy’s best-in-class APIs. In order to speed up Polkadot development, the blockchain developer platform Alchemy has teamed up with the innovation center Astar Network. Due to the shift, developers will be able to construct dApps on Astar Network, Polkadot’s primary

August 3, 2022 2 mins read

Solana Wallets Is Continually Under Attack

Millions of dollars have been stolen from more than 5,000 wallets. The exploit appears to affect users of hot wallets connected to the Internet. The Solana ecosystem is the subject of cryptocurrency’s most recent breach, according to users who allege money from well-known internet-connected hot wallets including Phantom, Slope, and

August 3, 2022 1 min read

Socios Now Owns 24.5 % Stake in Barca Studios, Invests $100M

Socios.com has been investing in La Liga and Spanish football since 2019. Barça Studios will be able to use Chiliz’s cutting-edge blockchain technology. FC Barcelona’s web3 strategy will get a boost thanks to a $100 million investment from blockchain-based fan interaction and incentives platform Socios.com. Chiliz, the owner and technology

August 2, 2022 2 mins read

Ankr Launches New Staking SDKs Enabling Liquid Staking on Most Popular Cryptocurrencies

Ankr has released the first staking SDKs in the industry to enable liquid staking on the world’s most popular cryptocurrencies. With the introduction of Ankr’s new Staking SDKs (software development kits), blockchain developers will be able to include liquid staking into their projects and platforms. Ankr provides SDKs for staking

August 2, 2022 2 mins read