On-chain specialists verified on June 5 that Multichain protocol transactions were taking place, signaling the return of certain cross-chain bridges. Vice President and admin Tung Dinh of Multichain has verified that router2 has returned to service. The price of Multichain’s native token, MULTI, soared by 40% in a matter of
In order to settle interbank dollar transactions, American multinational financial behemoth JPMorgan Chase & Co. has teamed with six Indian banks to build a blockchain-based platform. The move is part of the Indian government’s strategy to elevate GIFT City, the Gujarat International Finance Tec-City, to a level where it can
Less than one percent of Atomic Wallet’s monthly active customers were affected by the theft that stole $35 million from consumers since June 2, as per the claim by the firm. Atomic Wallet, in conjunction with independent blockchain investigators, has increased its efforts to trace and recover stolen cash after
The monthly industry analysis by DappRadar shows that the market for decentralized apps increased by 9.97% in May. The firm notes that the number of daily unique active wallets (dUAW) has already hit an average of 1,967,051. The study found that the gaming industry and decentralized finance (DeFi) were responsible
In Dubai, a city synonymous with the future, a beacon of technological advancement is set to shine. The Global Tech Innovation Summit 2023 is scheduled for September 26–27, promising to be more than an industry event. It’s an incubator of ideas, a meeting ground for the minds shaping the future
Zethan, a next-generation gaming ecosystem powered by Zethanx NFTs on Zksync has been launched. While both Web3 and gaming have been dominant domains in the world of blockchain, there are still not many options, especially projects that would make a difference. But the wait is finally over with the launch
Users on Twitter have reported losing their entire cryptocurrency holdings after using Atomic Wallet, suggesting that the wallet has been compromised. Since Atomic is a non-custodial decentralized wallet, its users bear full responsibility for their funds. Atomic’s team on Twitter stated: “We have received reports of wallets being compromised. We
Despite other crypto companies having mixed results in its deployment. Elliptic, a cryptocurrency risk management business, has incorporated ChatGPT to increase its efficiency in spotting crypto risks. Elliptic offers crypto customers risk ratings for their purchases, wallets, and exchanges. Human researchers work with a private dataset including “over a decade’s
The proposal for the upgrade to v2.1.0 of Terra Classic was issued by the Joint L1 Task Force (L1TF) for debate and evaluation on Commonwealth. Since the Terra Classic community gained control of the blockchain in May of last year during the Terra-LUNA dispute, this is one of the most
Banks grapple with integrating these digital assets into their financial systems as cryptocurrencies continue to captivate consumers, investors, and financial institutions with their decentralized nature and the promise of greater economic freedom. While the allure of lower-cost transaction processing and increased efficiency is undeniable, compliance and regulation concerns have surfaced,
