Blockchain

HashKey Capital Completes Fund III at $500 Million in Commitments to Develop Web3

HashKey Capital (“HashKey”), a global asset management focusing on cryptocurrencies and blockchain technology, has announced the successful closure of HashKey FinTech Investment Fund III, its third fund, with a commitment of US$500 million. Institutional investors, including sovereign wealth funds, prominent family offices, and businesses, provided significant support for Fund III.

January 18, 2023 2 mins read

Core DAO Reveals the Distribution of $CORE Tokens

For the first time in history, a new consensus algorithm called “Satoshi Plus”, has been introduced by the Core DAO ($CORE), which launched its mainnet on January 14, 2023. Core DAO is a Turing-complete blockchain that utilizes the Ethereum Virtual Machine (EVM) and Satoshi Plus consensus. That allows Bitcoin’s reliability,

January 17, 2023 1 min read

Brazil’s Bradesco Tokenizes First Batch of Bank Credit Notes

As one of the first Brazilian organizations to use blockchain technology. Bradesco, a major financial institution in Brazil and Latin America, has joined the cryptocurrency revolution. On January 13, 2023, the bank said that, as part of a pilot study to evaluate the viability of these technologies. It has tokenized

January 16, 2023 2 mins read

VeChain Partners With CAFA in Blockchain Adoption and Development in China

As part of the collaboration, VeChain and the China Accounting and Finance Association (CAFA) are working together to incorporate blockchain technology into the public accounting sector. CAFA will leverage the VeChain blockchain to develop a secure digital asset management system and an audit platform for Chinese public accounting firms. This

January 16, 2023 2 mins read

Boba Network Partners With Immunefi to Launch Bug Bounty Program

Together with Immunefi, the leading bug bounty platform for blockchain, Boba Network will launch a bug bounty program. This is being done on its L2 instances, such as Boba ETH L2 (Ethereum), Bobabeam (Moonbeam), Boba AVAX L2 (Avalanche), and Boba BNB L2 in order to enhance current security and improve the

January 15, 2023 1 min read

Crypto Brokerage Platform Blockchain.com Announces 28% Layoff

Adding to a terrible week of carnage throughout the shattered cryptocurrency sector, cryptocurrency brokerage Blockchain.com said it is laying off 28% of its staff, or around 110 people. About 150 employees lost their jobs in July as Blockchain.com dealt with a $270 million blow on loans it made to failing

January 13, 2023 1 min read

Integration of Custom Sidechains Toolkit on Cardano

In the beginning of the new year, 2023, Cardano is excited to share the upcoming development of its ecosystem. Yes, a custom-built sidechains toolkit is verified by Input Output Global (IOG) to enhance Cardano adding more security and scalability to its network. As it is evident that Cardano is a

January 13, 2023 2 mins read

Polygon All Set For Hard Fork Upgrade Early Next Week

Polygon Labs looks to be pressing through with plans to hard-fork the network early next week. According to a blog post published on Polygon’s website on Thursday. Despite a vigorous community discussion over the topic last month. Moreover, Polygon Labs said in its post that the hard fork, scheduled for

January 13, 2023 2 mins read

N3twork Studios Recruit Former Tinder CPO to Assist Building Next Gen of Web3 RPGs

Josh Sell, the former Chief Product Officer of Tinder, has been appointed as the new Chief Operating Officer of N3twork Studios, a blockchain game developer and publisher made up of seasoned game developers (including those from EA, Kabam, Zynga, Glu, Disney, and more). Josh’s new position will enable N3twork Studio

January 12, 2023 3 mins read

Cimu Games Takes Runestone Keeper to Web3 With Ready Games

According to Cimu Games, it is re-releasing its million-copy-selling game Runestone Keeper utilizing web3 game production tools from Ready Games. A first for web3 gaming, the web3-enabled beta version of the game, which took up the Best Gameplay prize at the 2014 Unity Awards, will debut in late Q1 on PC,

January 12, 2023 2 mins read