Blockchain

The growth of BNB and the underlying chain is largely connected with the ongoing regulatory scrutiny, especially in the United States The BNB Smart Chain (BSC), a leading smart contract blockchain developed by the leading centralized exchange Binance with about $4.45 billion in total value locked, is expected to have a hard fork on its mainnet at block height 29,020,050. Through the current block generation speed, Binance Chain core developers expect the Luban hard fork to take place on...

Following OpenAI’s astonishing success, another project backed by its CEO Sam Altman has closed a significant funding round amidst a bleak year for crypto investments. The crypto ID project – Worldcoin – has raised $115 million in a Series C funding round led by Blockchain Capital. Other participants in the funding round include a16z, Bain Capital, and Distributed Global. Worldcoin, which falls under the umbrella company of Tools for Humanity, is a unique open-source protocol...

Kwon is currently expected to show up in court on June 16. The value of Kwon’s property was based on a statement alone, lacking concrete evidence. As a result, the high court has ruled against his bail. The requests to bail out Do Kwon, co-founder of the defunct Terra Labs, were rejected due to insufficient document verification. After a lower court reviewed the documents, a bail motion was made but was ultimately rejected by the high court due to improper property valuation. As a result,...

The deal is yet to be finalized as an initial deposit is expected within the next ten days. It is a good day for the embattled crypto lender Celsius Network as crypto consortium Fahrenheit LLC has won the bid to acquire the insolvent firm whose assets were previously valued at $2 billion. According to a May 25th court filing, the Arrington Capital-backed group emerged as the successful bidder after beating NovaWulf Digital Management. Markedly, Fahrenheit is a conglomerate of buyers which...

[PRESS RELEASE – Singapore, Singapore, May 25th, 2023] The Open Network (TON), a revolutionary technology to unite all blockchains and Web2 internet into one open network, in collaboration with DWF Labs and Amazon Web Services (AWS), is hosting a decentralized finance (DeFi) and Data Analytics Hackathon, Hack-a-TON x DWF Labs x AWS. The hackathon provides developers interested in DeFi and data analytics with the opportunity to design, code, learn and network as they bring...

[PRESS RELEASE – Marseille, France, May 24th, 2023] In an age where the crypto world is dominated by GameFi, DeFi, NFTs, and meme coins, Hestia is revolutionizing the industry by demonstrating how cryptocurrencies and blockchain technology can be applied to traditional economic projects. Hestia, a groundbreaking decentralized freelance platform, is harnessing the power of decentralization to hustle the gig economy and empower freelancers and clients alike. The Hestia project...

WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...

[PRESS RELEASE – Please Read Disclaimer] ScalingX, in partnership with distinguished sponsors ARPA and AELF, has concluded its highly successful and impactful event, The Hunt For X Demo Day. This exclusive event brought together visionary developers and innovators, providing them with a unique platform to delve into the boundless possibilities of Zero-Knowledge Proofing (ZKP) technology and Random Number Generation (RNG) as groundbreaking solutions for scaling blockchain...

Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges. Earlier on Tuesday, May 23, crypto exchange Bitget announced that it has successfully registered as a virtual asset service provider (VASP) in Poland. Securing this regulatory license will allow Bitget to operate legally in the Polish market. Amid the current market scenario, Bitget has been...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Niagara Falls Planning Board in New York is permitting a crypto mining facility known as Block Fusion to move forward with its blockchain and crypto extraction plans following a long legal battle. The company recently applied to set up quarters in the Empire State, and those on the planning board heard no...