Mon, October 5

Samsung Announces Use of Blockchain To Upgrade Security Protocols

This isn’t limited to only smartphones, but also smart TVs and even air conditioners. This new security update is meant to prevent credential-stuffing attacks. Samsung, a global leader in consumer electronics, has said it would use blockchain technology to improve the safety measures already in place for its products. The

October 13, 2022 2 mins read

Binance Adds TerraClassicUSD (USTC) as Borrowable Asset

Binance has not abandoned its support for the Terra Classic currencies. Over the past week, the price of USTC has increased by over 65%. Binance, the biggest cryptocurrency exchange in the world, has added TerraClassicUSD (USTC) as a borrowable asset to its Binance Loan service. Demonstrating its continued commitment to

October 13, 2022 2 mins read

Uniswap Labs Valuation Stands at $1.66B After $165M Funding

The firm is now focusing on growing its Web3, DeFi, and NFT market offerings. Uniswap Labs is now a $1.66 billion unicorn. The corporation behind the decentralized cryptocurrency exchange Uniswap, Uniswap Labs, has declared a $1.66 billion valuation after obtaining $165 million in a Series B fundraising round. Polychain Capital

October 13, 2022 2 mins read

Inflation in Germany Records 3-Decade High of 10% in September

It’s worth noting that inflation has been over 7% for the last seven months. The country in question had the biggest positive flows of crypto, totaling $2.9 million. Rising inflation has eroded the purchasing power of the average person throughout the globe, creating a cost-of-living issue. Inflation rates throughout the

October 13, 2022 1 min read

Indian Police Introduced Blockchain-based Complaint Portal on Polygon

Indian police created the first-ever complaints web portal on Polygon blockchain. All FIR and complaints will be corrupt-free and immutable. After introducing a new police complaint system that utilizes blockchain technology to avoid corruption, the Indian Police has built the country’s first complaints web portal on the Polygon blockchain. The

October 13, 2022 2 mins read

Binance Completed 21st Quarterly Burn Using BNB Auto-Burn

The 21st quarterly BNB token burn totaled 2,065,152.42 BNB. It has pledged to burn 100 million BNB since the launch of BNB and Binance in 2017. BNB Chain has finished its 21st BNB burn and the final quarterly burn of 2022. The burn includes the Auto-Burn feature, the Pioneer Burn

October 13, 2022 1 min read

Tron Engages With Dominica to Kickstart a National ‘Fan Token’

Tron tokens are now accepts as a means of exchange in Dominica. Tron native token is now accepted as Public payments including Tax, Business for their services. Tron, the leading blockchain network, has signed a deal with the Dominican government to make Tron-native coins payable on the Caribbean island. On

October 13, 2022 2 mins read

Binance Completes BNB Smart Chain Security Patch Update

Binance had announced the freeze of deposits and withdrawals during the upgrade. Binance stated that the BNB Smart Chain will resume normal operations. The BNB Smart Chain was hacked for almost $100 million five days ago, prompting a temporary halt in transactions until the problem is resolved. The hacker at

October 13, 2022 1 min read

Bitcoin Mining Reserves Falls to Decade Low Amid Low Price

IntoTheBlock, a blockchain analytics company, reports that the quantity of Bitcoin kept in reserve by mining businesses has dropped to levels not seen since February 2010. That’s been the case for most of 2022 as well. According to IntoTheBlock, Bitcoin miners had a total of 1.91 million BTC in their

October 13, 2022 1 min read

Move to Earn App STEPN Deny Claims of Employee Layoff

STEPN’s popularity drastically declined in the month of July. The firm stated the accusations “baseless claims that are factually inaccurate.” According to reports, the “move to earn” fitness app has let go of more than a hundred independent contractors. According to the South China Morning Post and crypto analyst Colin

October 13, 2022 1 min read