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
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
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
The Solana Foundation has revealed that the company is now collecting statistics on its carbon emissions in real-time. Claims have been made that this is a first for “a major smart contract blockchain network.” The code that runs Dapps and NFT projects is stored in smart contracts. As of right
Harley Hermanson, Director of Elit Web3 Solutions, has stated that he believes the network has the potential to be one of the top 10 blockchain networks by 2025. This is due to the network’s focus on interoperability and scalability – two critical components for success in the blockchain industry. XDC
The Federal Government of Nigeria has been contacted by the leading global blockchain business Gluwa to promote the creation of a crypto policy framework that might help to unleash the potential of blockchain in Africa’s largest economy and open up new avenues for innovation and economic growth. As of now,
LayerZero, a cutting-edge omnichain interoperability protocol, and Radix, a cutting-edge Layer 1 protocol centered on providing user-friendly crypto experiences, today announced a landmark cooperation to integrate LayerZero with the Radix Babylon public network in the second half of 2023. The rapidly expanding Radix ecosystem will benefit from this partnership’s frictionless
SUI layer-1 blockchain announced the launch of its mainnet on May 3, 2023. Though the SUI blockchain is still in the early stages of development, the fame it has gained in the blockchain community is enormous. It has been trending on crypto Twitter for the past four days. 📣We’re excited
After much preparation, Helium Network has now finished moving off of its layer-1 blockchain platform and onto Solana. Solana, in the eyes of Helium’s creators and investors, has the potential to open up new use cases throughout the network, something that may be aided by a large-scale NFT mint associated
According to recent reports, the developers of Call of Duty are gearing up to launch a brand new game called Kaidro on the ImmutableX blockchain later this year. For more than ten years, Peggy Chung and Robert Simons, the co-founders of Gadget-Bot, have been developing Kaidro, a vast sci-fi universe.
