Blockchain

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It’s been one year since the Swiss city of Lugano established Bitcoin and Tether (USDT) as de facto legal tender within its borders. Since then, how has its adoption initiative fared?On Monday, Tether published a breakdown of various milestones the city has reached around crypto infrastructure and education under “Plan B.” According to Tether’s post, over 150 merchants around Lugano are now accepting Bitcoin, Tether, and LVGA – Lugano’s Swiss-franc pegged stablecoin – for...

After a series of high-profile collapses and the ensuing regulatory heat in their wake, if you thought the crypto saga had hit a roadblock, you can’t be held wrong. However, a new survey by Paxos, the New York-headquartered blockchain technology company, offers a new spin to the tale. It says 75% of consumers are confident about the future of cryptocurrencies.  Neither Daunted Nor Deterred As many as 72% of the respondents of Paxos’ Cryptocurrency Adoption & Purchasing...

Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VTV accused MinePlex of illegal activities. “We are saddened and disappointed that such a major Vietnamese TV channel has neglected the basic principles of journalism and didn’t verify and clarify the content before publishing subsequent articles that caused confusion,...

Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the company decided that 2022 was the year they would expand into asset management services. Unfortunately, the years of experience did not save the firm from the bear market. Operational for Just Under a Year Blockchain.com, which was worth about $14 billion when BCAM was launched,...

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Decentralized proof-of-stake (PoS) blockchain Hedera finally confirmed a security breach. In an update, the team behind the platform revealed that attackers managed to exploit the Smart Contract Service code of the protocol’s mainnet to transfer Hedera Token Service tokens held by victims’ accounts to their own. It said the root cause of the issue has been identified by the team, and are working on a solution. Hedera Exploit Hedera further noted that the attackers targeted...

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Non-fungible token (NFT) strategist and founder of Saint Rock Media Kalah Haley makes her paychecks by analyzing where the NFT market will go. NFTs, while not necessarily cryptocurrency, are arguably crypto-based given that they are tokens running on blockchain and they can sometimes be used as collateral to gain crypto. Kalah Haley on the Future of the Digital Asset Space In a recent interview, Haley said that while she feels digital assets have a lot of potential and...

Blockchain analytics platform Nansen announced the launch of Nansen Query, a new solution designed to offer a comprehensive data solution to crypto-focused teams and projects. In a press release shared with CryptoPotato, Nansen revealed that the new platform would enhance multi-chain data access, helping entities make better customer, product, and investment decisions. Nansen Launches Query According to the release, Nansen Query was built on the Google Cloud platform and can...