Capstone Technology Gets $5.4M for GAYA Blockchain Project
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain...
Blockchain News
Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver...
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion,...
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node...
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase...
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by...
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation...
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100...
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core...
Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as...
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from...
Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round
Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by...
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at...
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new...
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency...
UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials...
Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five...
Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable...
Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA),...
Meme Coin Craze Drives Solana’s Token Issuance to New Heights
According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a...
