Search Results for: crypto adoption

Ether Capital Corporation Celebrates a Successful Shanghai Upgrade That Completes Ethereum’s Transition to Proof of Stake

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) is pleased to celebrate a successful Shanghai upgrade (also referred to as the Shapella upgrade) — a major technical achievement by Ethereum developers that charts Ethereum on a path to a fully scalable, decentralized and secure blockchain. Ether Capital

April 19, 2023 5 mins read

Unchained Announces $60 Million Series B Funding to Expand Bitcoin Financial Services

The Series B fundraise led by Valor Equity Partners highlights the importance of bitcoin private key ownership in a world of custodial risk. AUSTIN, Texas–(BUSINESS WIRE)–Unchained, the leader in financial services for bitcoin holders, has announced its $60 million Series B funding round led by Valor Equity Partners. The initial

April 18, 2023 3 mins read

CBDC: Bank of Israel is Soon to Issue “Digital Shekel”

The widespread use of the stablecoin scenario led to Israel’s central bank keeping an eye on Central Bank Digital Currency (CBDC) development. The Bank of Israel (BOI) says it is creating an action plan for the potential issuance of a CBDC, a “Digital Shekel known as SHAKED.” But the report

April 18, 2023 2 mins read

Horizen Labs’ Response to the United States Office of Science and Technology Policy RFI Seeking Comments on Digital Assets Research & Development

NEW YORK–(BUSINESS WIRE)–Horizen Labs: About Horizen Labs Horizen Labs is securing the world’s transition to Web3 by helping organizations reimagine the way they use blockchain technology to tackle some of their most important challenges. Through a unique combination of platform capabilities, flexible architecture, sidechain compatibility, and enterprise-grade security, Horizen

April 18, 2023 4 mins read

Cardano’s TVL Surges 30%, Will This Support ADA Bulls?

One of the most renowned blockchain networks, Cardano, has witnessed an increase in its Total Value Locked (TVL) metrics. The network’s TVL increased by 30% over the previous month, underscoring the rising popularity of the network’s DeFi ecosystem. On April 18th, Cardano’s TVL crossed $168 million. More developers and consumers

April 18, 2023 1 min read

Impossible Cloud Launches General Availability of Cloud Storage Solution, Delivering Enterprise-Grade Object Storage at Fraction of Cost

The First Enterprise-Grade Cloud Based on Web3 Technology HAMBURG, Germany–(BUSINESS WIRE)–#DecentralizedStorage—Impossible Cloud, the revolutionary cloud platform that offers decentralized, multi-service cloud solutions, today announced the general availability of its enterprise-grade, native cloud storage solution which delivers all the capabilities of traditional cloud storage along with the key benefits of decentralized

April 17, 2023 3 mins read

Sui Foundation Names Greg Siourounis as Managing Director

Esteemed Academic and Entrepreneur to Lead Efforts to Educate and Support Sui Network NEW YORK–(BUSINESS WIRE)–The Sui Foundation (or the “Foundation”), dedicated to supporting the Sui ecosystem, today announced the appointment of Dr. Greg Siourounis as Managing Director. In this role, Dr. Siourounis will lead execution of the Foundation’s efforts

April 17, 2023 3 mins read

LBank To Participate in the Inaugural Web3 Festival in Hong Kong

LBank, a top cryptocurrency exchange, is proud to announce its participation in the inaugural Web3 Festival taking place from April 12-15 at the Hong Kong Convention and Exhibition Centre (HKCEC). The festival is co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME. The event promises to be

April 17, 2023 2 mins read

Is Altcoin Season the New Indicator of the Bull Run 2023?

Bitcoin (BTC) and Ether (ETH) crossing their crucial resistances — $30K and $2.1K respectively — escalates the likelihood of the next bull run. Parallel to them, other altcoins project their upside potential and bolster the crypto market’s recovery since the onset of this year. The collective price action of altcoins,

April 17, 2023 2 mins read

Smart Contracts 101: How Do They Work With Layer 0 Blockchains?

Over the last decade, the cryptocurrency ecosystem has experienced rapid growth, with numerous innovative projects offering new ways to exchange digital assets and more. The constant development of blockchain infrastructure to support secure, scalable, and decentralized apps has driven this unrelenting innovation of crypto-based products. The most notable example is

April 15, 2023 14 mins read