Blockchain

Some of the major features of the lightning network by Lightspark are its security and reliability. It presents itself as a secure infrastructure for enterprise-grade payments. Bitcoin tech infrastructure company Lightspark has unveiled a lightning platform for businesses. Lightspark was created in 2022 to power payments on the lightning network and has been quiet since its introduction last year. The company was developed to “explore, build and extend the capabilities and utility of...

With Ethereum’s long-awaited Shapella upgrade just around the corner, it seems very few network users plan to put the protocol change to immediate use.  Data from IntoTheBlock shows that just 0.6% of Ethereum validators are planning to withdraw their stake after the hard fork.  As tweeted by the market intelligence provider on Tuesday, just 3,614 out of 562,717 Ethereum validators had chosen to withdraw their stake as of April 10.  Meanwhile, the upgrade rolls out at block...

XRP is one of the handful of crypto-assets that has outperformed Bitcoin in the latest market-wide rally. Traders are placing their bets on a potential victory for the blockchain firm Ripple’s multi-year legal battle against the US Securities and Exchange Commission (SEC), with a ruling expected in April. In the past two weeks alone, XRP was up by 40%. XRP’s Retail-Driven Rally According to the latest report by Kaiko, XRP trading activity has been heavily concentrated on...

About a month or so ago, Silicon Valley Bank (often known as SVB) went kaput and crashed, and many analysts said it was one of the biggest financial collapses to happen in America since the days of 2008 and the Great Recession. Silicon Valley Bank Has Gone Under During that time, as we all remember, banks like Washington Mutual either collapsed into a heaping pile of ash and brimstone or were bought out by larger monetary firms such as Chase Bank. In any case, Silicon...

With the much-awaited Shapella (Shanghai) upgrade just hours away, the value of staked Ethereum with unrealized losses has decreased significantly. But it is the largest stakers who have suffered the greatest losses. Unrealized Losses on Ethereum Beacon Chain According to Glassnode, the net unrealized loss on the Ethereum Beacon Chain now stands at $4.7 billion, after falling by 71% from the peak of $16 billion following the collapse of Terra Luna ecosystem tokens. During the...

Aumenta Solutions and MSI’s port infrastructure maintenance project is based on the Ardor blockchain and makes use of augmented reality technology. The TECNIO Centre EASY research group’s Aumenta Solutions, an augmented reality solution provider for industry, engineering and architecture professionals, has partnered with shipping company MSI and blockchain development and maintenance firm Jelurida to transform the port infrastructure maintenance industry. The collaboration will incorporate...

The Chinese tax authority claim Bitmain was issued with a tax violations notice in August last year but has withheld paying individual tax income of about $2.4 million. Bitmain Technologies Ltd., a Beijing-based company that is well known for designing application-specific integrated circuit (ASIC) chips used in Bitcoin mining, has reportedly been fined approximately 25 million Chinese yuan, equal to about $3.7 million, for allegedly failing to pay personal income taxes in China....

Shiba Inu developers have announced that the Metaverse scheme will roll out at the end of 2023 as an “ongoing project”. According to Shiba Inu (SHIB) developers, the project’s planned metaverse will partially open by the end of 2023. Developers added that the ‘partial’ opening is because SHIB’s metaverse might not be fully completed on release. Instead, the upcoming decentralized universe will be an “ongoing project” that will keep onboarding new features and enhancements even after its...

Ripple said that the CBDC project will involve several stages such as identifying the practical application of the CBDC, simulating its circulation, as well as its use under controlled conditions. In an interesting development on Tuesday, April 11, blockchain startup Ripple joined hands with the Central Bank of Montenegro (CBCG) to build a pilot program for the launch of the country’s central bank digital currency (CBDC). So far, Montenegro has been using the Euro as its currency ever...

Thailand’s main opposition party is promising an airdrop of about 500 billion baht (around $15 billion) in cash within months of its coming to power. The party official said that the move is expected to help recover the country’s struggling economy and provide relief to those battling “neck-deep debt.” According to a Bloomberg report, a Pheu Thai-led government plans to distribute 10,000 baht each to about 55 million citizens who are 16 years and above if it wins the general...