In May, Bitcoin mining revenue achieved a significant milestone, reaching $916.6 million, representing a notable month-over-month increase of 13.7%. The Block’s Data Dashboard reveals that this figure includes transaction fees totaling over $120 million. The surge in transaction fee revenue can be attributed to increased on-chain activity, primarily driven by
BROWN CITY TYCOON is an official project of THE 75007, the world’s first metaverse department store. SEOUL, South Korea–(BUSINESS WIRE)–#BrownCityTycoon—hhnms, the provider of the world’s first metaverse department store THE 75007, announced that BROWN CITY TYCOON’s membership NFT sold out on May 31st (KST). This is good news amidst the
The UAE Central Bank has updated its regulations for financial institutions. To follow in order to prevent money laundering and the funding of terrorism in connection with digital currencies and NFTs. New anti-money laundering and counter-terrorism funding criteria for financial institutions are being adopted. This is being done by central
New patent addresses challenges created by ever-growing blockchain storage requirements SANTA CLARA, Calif. & CAMBRIDGE, England–(BUSINESS WIRE)–RKVST® has been granted a U.S. patent that enables practical scale for blockchains, putting an end to the limitless storage requirements that come with ever-growing transaction data, improving scalability, performance, availability and cost. Blockchain
In a fascinating turn of events, Solana’s blockchain platform, famed for its speedy transaction confirmations and cost-effectiveness, has been witnessing a shift in its ecosystem. 1/ @Solana, known for its low transaction costs and quick confirmation times, has found its strength in consumer products with lower-value transactions.@0xallyzach dives into some
The Anoma Foundation, a nonprofit pioneering blockchain technology, is happy to announce the conclusion of a $25 million funding round. The third round of funding for The Foundation, which is co-led by well-known blockchain VC Company CMCC Global, marks the beginning of the race to commercialize the third generation of
NEW YORK–(BUSINESS WIRE)–On May 31, TRON celebrated the fifth anniversary of its MainNet launch since its debut in 2018. The TRON ecosystem is now on a roll after five years of development. Impressing the industry with one achievement after another, it has grown into a leading public chain in the
Nearly 11 months after its inception in July 2022, Reddit’s collectible avatars, or “Reddit NFTs,” are nearly 10 million holders. Dune Analytics estimates that as of right now, there are 9,909,465,000,000 people who own Reddit collectible avatars. There are around 7.7 million people who have just one collective avatar wallet.
Singapore, Singapore, May 30th, 2023, Chainwire MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, (Metaverse Enabled Tokenized Application). Top web3 funds Tess Ventures, IOSG Ventures,IVC (Infinity Ventures Crypto), Polygon
First to Integrate Trend Micro ChainSafer Blockchain Reputation Service, SecuX W20 offers comprehensive security solution from Web2 to Web3 TAIPEI, Taiwan–(BUSINESS WIRE)–$secux #Bitcoin—SecuX, a blockchain security and cryptocurrency hardware wallet company, has announced its collaboration with Trend Micro (TYO: 4704; TSE: 4704), a global cybersecurity leader, launching W20 Trend Micro
