Blockchain News

Data from DeFiLlama showed that transaction volume for many L1s surged last November. Avalanche’s monthly transaction volume rose by the highest value since July 2022. The surge in transaction volume...

CertiK, a leading company dedicated to monitoring risks and detecting scams within the crypto sector, has released an update detailing alarming statistics regarding the financial toll of fraudulent activities in...

On Wednesday, the U.S. Deputy Secretary of the Treasury Wally Adeyemo warned about the risks posed by non-U.S. stablecoin issuers that use the U.S. dollar as backing. Adeyemo argued that...

The prominent market tracker Coingecko has published a new research report capturing the failures of the crypto-based GameFi industry. According to the report, the GameFi market, once hailed as the...

Mr. Huber questioned Ethereum’s contrasting perspectives on the notion of monopoly. Ethereum refuted the SEC’s alleged preference for the blockchain network. The contrasting stance was exposed when Ethereum highlighted DTCC’s...

SlowMist, a blockchain security firm, has provided information on how to build a safe decentralized finance (DeFi) platform, following recommendations from 23pds. The security outfit drew a mind map following...

dYdX Faces Backlash for Risk Management Failures Amid $9M Hack

NOWNodes notes that this is a vital step to accommodate further requests. Shibarium makes it to the top five of the most active networks on NOWNodes. This new record breaks...

The voting period spans from November 12 to November 26, 2023. The Cosmos community has proposed to reduce the inflation rate of ATOM from 14% to 10%. As of now,...

With investors’ confidence in the crypto market gaining by the day, CoinGecko, in its latest report, said Layer-1 blockchains continue to edge Layer-2 blockchains in terms of total value locked...

OKX launched the testnet for its zero-knowledge L2 network named “X1”, built with the Polygon CDK. The native utility token of OKX, OKB, will be used to pay for X1...

JPMorgan launched a programmable payments system using blockchain that would allow companies to make payments automatically.  According to Bloomberg, JPMorgan Chase and Co.’s new programmable system would give clients the...

Leading Japanese financial services group SBI Holdings has entered a multimillion-dollar alliance with SC Ventures, the innovation and venture arm of Standard Chartered, to form a digital asset joint venture...

UK-based payment startup Due raises $3.3 million in seed funding. The firm plans to enhance its blockchain-based platform using Ethereum and its scaling solutions. The company is set to launch...

Data has shown that the Bitcoin (BTC) network has again experienced a historic temporary lapse in block production, with a notable pause that lasted over an hour. According to Bitcoin’s...

The renowned crypto derivatives and copy trading platform Bitget has made public its intent to channel significant investments into Indian-based blockchain startups. The exchange proclaimed this development in a recent...

According to Bitrace, a London-based British investment company, there is a high risk of user address contamination by Telegram bots linked to gambling, money laundering, and fraud. The outfit raised...

The prominent DeFi liquidity protocol Aave has recently taken a series of preemptive security measures on its platform, including pausing assets of multiple markets following intelligence on a looming threat....

There have been significant divergent views among prominent figures in the crypto community regarding the underlying reasons for the widespread hostility directed towards Ethereum amid its dominance as the second...

In a groundbreaking announcement, Starknet Foundation revealed the distribution of about 50 million yet-to-be-unlocked STRK tokens to the ecosystem’s early contributors. The decision comes as part of the Early Community...

Indian doctor loses $132k+ in crypto scam following guidance from an online advisor. The fraud involved purchases of BTC, ETH, and USDT with unyielding demand for additional funds. The doctor...

VanEck released a report delving into the potential of the Solana blockchain. According to the study, Solana’s SOL token will ascend to a staggering $3,211.28 by 2030. The report also...

MoonPay collaborates with Mastercard to incorporate additional Web3 technologies to enhance experiential marketing. MoonPay, a crypto payment service, shared on its website that it is teaming up with Mastercard to...

The action coincides with the ongoing breakthroughs in generative AI. The States demand damages up to $25,000 per incident in the ongoing legal battle. 34 U.S. states took legal action...

According to a recent Bloomberg report, the financial services company JPMorgan Chase & Co.’s digital token, JPM Coin, has seen $1 billion worth of transactions on a daily basis. The...