Blockchain

IntoTheBlock – a blockchain intelligence firm – has reported a surge in interest for Cardano among institutional buyers. It cites a parabolic 50x increase in the cryptocurrency’s on-chain transactions worth over $100,000 in 2022 alone. As tweeted by the firm yesterday, over 69 billion ADA were moved as part of such large transactions just yesterday. They represented over 99% of the total on-chain volume for Cardano. That’s compared to just 1.35 billion ADA in trading volume...

Ronin Network, a critical bridge chain that powers Axie Infinity, was attacked, and this resulted in in a loss of 173,600 Ethereum and 25.5M USDC, equivalent to over $600M. Since the breach occurred on March 23rd, the stolen funds have flowed into FTX, Huobi, and CryptoCom, which have all vowed to take actions to trace the funds. Binance said it had temporarily suspended withdrawals and deposits on the Ronin Network. Sky Mavis, the company behind Axie Infinity, said it would...

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A group of US lawmakers introduced this Monday the “E-CASH” Act, a bill directed to the US Treasury Department to encourage the entity to develop a digital version of the dollar. E-Cash Is not CBDC, but a Complement to it Democratic Representative Stephen Lynch is the principal sponsor of the ECASH Act, a legislative proposal passed to the House of Representatives. As per the bill, the US Treasury Department was selected as the “most appropriate” government entity to develop...

Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week, alongside another 25.5M USDC. According to a community alert issued by Ronin, the hack occurred due to Ronin validator nodes and Axie DAO validator nodes being compromised. This led to hacked private keys being used to forge two fake network withdrawals (1 and 2) that absorbed...

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 28th March. For a more complete list please follow our twitter...

INTERNET CITY, DUBAI, Mar. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Mapt. Coin (XMP) on March 31, 2022. For all users of LBank Exchange, the XMP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 31, 2022. Backed by physical assets, Mapt. ODL is a digital asset operator providing renewable energy. With its large property portfolio sitting as an income generating portfolio that stabilizes the company,...

The continued investments from some of the most high-profile financial juggernauts in Canada reflect a belief that institutional adoption of crypto and blockchain will keep growing. This western Candian province, which boasts a rich entrepreneurial history, is now looking to play a crucial role in the digital asset industry. Alberta to Becoming Crypto Hub? According to the latest report, Alberta’s ambitions are soaring high as the authorities are looking to position the...

INTERNET CITY, DUBAI, Mar. 28, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptounit (CRU) on March 30, 2022. For all users of LBank Exchange, the CRU/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 30, 2022. Every year, more and more people are interested in starting their own business on blockchain and are looking for options for profitable investment. Cryptounit (CRU) built a secure and scalable...

Two wallets by Robinhood hold around $6 billion worth of Dogecoin (DOGE) for its customers. This is evident by a report from Dogecoin Whale Alert, a site dedicated to analyzing real-time transactions on the DOGE blockchain and tracking transfers of 4M DOGE or more. According to the data collected by Dogecoin Whale Alert, Robinhood wallet333495 has six addresses holding Dogecoin, with DBs4WcRE7eysKwRxHNX88XZVCQ9M6QSUSz string more than 30 billion DOGE, equivalent to $4...