In the past week, several strange movements of dormant bitcoins have captured the attention of onchain analysts, with nine transactions on Jan. 31, 2024, mobilizing 726 bitcoins that had been stagnant since Mar. 30, 2016. Merely two days after, a staggering 1,210 bitcoins, originating from addresses created on the same date in 2016, were dispatched […]
PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates, significantly increase chain volume, and attract developers. Nearly one decade ago, Qtum began its journey to […]
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $ 700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history …
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency Functionality and Gas Payments The Celo Foundation has announced that Circle […]
In a recent blog post, Vitalik Buterin provided a deep dive into the increasingly intertwined worlds of blockchain technology and AI. Buterin offered an insightful analysis of their potential synergies while cautioning about the complexities and risks involved in their integration. Vitalik Buterin Analyzes the Convergence of Blockchain and AI, Cautions on Integration Risks In […]
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin, and layer two (L2) solutions, along with widely-used dapps such as Aave and Uniswap. The […]
PRESS RELEASE. In an exciting development for music enthusiasts and blockchain aficionados alike, Gala MUSIC, a trailblazing decentralized music platform, has officially launched on LBank Exchange. This launch marks a significant milestone in the evolution of the music industry, intertwining the transformative power of blockchain technology with the universal language of music. Redefining Music Streaming: […]
Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $ 25 million. The fund, founded by experienced venture capitalists, will not only invest in outstanding projects but will help nurture them. New Fund Backed by Leading Industry Figures A …
The ex-45th President of the United States has been engaged in the sale of digital trading cards for a considerable period. On Thursday, the official account for the trading card enterprise announced the launch of Trump cards that are crafted using the Bitcoin blockchain’s Ordinal inscription technology. The creators of this venture have stated that […]
Amid the rapidly evolving Ethereum ecosystem, Vitalik Buterin has rejoined the debate on the classification of layer-two scaling solutions, putting the spotlight on the security and scalability trade-offs between rollups and validiums. Vitalik Buterin Weighs in on Ethereum Layer-Two Inclusion Ethereum co-founder Vitalik Buterin has once again returned to a discussion within the blockchain community […]
The Hedera Council announces an allocation of 4.86 billion HBARs, primarily focused on bolstering initiatives like the HBAR Foundation, Hashgraph Association, and DLT Science Foundation. Hedera Council Commits 4.86 Billion HBARs In a move towards enhancing its network and decentralized governance, the Hedera Council has approved an allocation of funds amounting to 4.86 billion HBARs, […]
A federal court in the U.S. has accepted the validity of using information contained in a Bitcoin transaction to notify a defendant about a civil action. The case, believed to be the first where this method is accepted, might help solve hundreds of cryptocurrency theft cases in which the attacker’s identity is unknown. Federal Court […]
In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $ 311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023. However, it’s noteworthy that NFT sales on the Bitcoin blockchain have …
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” According to the nonprofit organization, ex-U.S. security officials chose to join the Blockchain Association because they “value freedom and creativity, sovereignty of the individual, and […]
In a detailed critique, the Blockchain Association counters the CFPB’s latest proposal to oversee digital consumer payment applications, citing legal and jurisdictional overreaches in the bureau’s approach to cryptocurrencies and digital assets. CFPB Faces Criticism from Blockchain Association Over New Proposal In November 2023, the Consumer Financial Protection Bureau (CFPB) proposed a new rule aimed […]