Sunday , November 17 2024
Home / Blockchain (page 58)

Blockchain

In-Depth Bob Ng, CTO of UXLINK: Unveiling the Data Innovations

Introduction UXLINK has achieved a significant milestone by surpassing 10 million registered users, marking a historic moment in both blockchain and the emerging field of SocialFi, being THE FIRST 10M user base in SocialFi. This announcement was made through UXLINK’s official website and Twitter account, confirming its status as the first product in these domains to achieve such a remarkable user base. In light of this achievement, several questions regarding UXLINK’s user data merit...

Read More »

Blockchain in 2024: BlockDAG Release 51; Elevating Error Management; $10 BDAG Forecast by 2025

BlockDAG’s Development Release 51 unveils significant upgrades in its Blockchain Explorer, emphasizing timely updates and solid error handling. These enhancements affirm BlockDAG’s commitment to pioneering and dependability, crucial for the success of its ongoing presale. With the presale amassing $50.8 million and the coin’s price currently at $0.0122, experts foresee BDAG reaching $10 by 2025. These advancements, along with the impending mainnet launch, earmark BlockDAG as a prime crypto...

Read More »

BIS Survey Finds 94% Central Bank Approval for CBDC Implementation

A Bank for International Settlements (BIS) survey found that 94% of central banks worldwide want to implement Central Bank Digital Currencies (CBDCs). It surveyed eighty-six central banks between October 2023 and January 2024. The survey depicts how close every nation is to hopping onto blockchain technology, with central banks implementing CBDCs for interbank settlement processes. The survey conducted revolved around wholesale CBDCs and not the retail kind. The difference lies in who uses...

Read More »

TON Blockchain’s TVL Doubles in Three Weeks, Reaching Record High

The Open Network (TON) blockchain’s total value locked (TVL) has surged since early March, surpassing $600 million. Within just three weeks, it has doubled to reach a record high, showcasing rapid growth and investor confidence in TON’s decentralized finance ecosystem. TON’s TVL Hits $600 Million According to DefiLlama data, TON’s TVL surged to over $605 million on Monday. This milestone was achieved just three weeks after the network’s TVL first reached $300 million in late...

Read More »

ScroogeToken: Surpassing $500,000 in Funding and Pioneering User-Friendly Web3.0 Access

[PRESS RELEASE – Dover, USA, June 17th, 2024] ScroogeToken has reached a notable milestone, surpassing $500,000 in funding. This achievement reflects market confidence in ScroogeToken’s approach to decentralized finance. The platform offers seamless access to the Web3.0 ecosystem and promotes a vibrant community. Key Features: User-Friendly Interface: ScroogeToken simplifies the Web3.0 experience for both new and experienced users. Community Engagement: Emphasizing strong...

Read More »

Ethereum Scaling Solutions Soar to New Heights: Data

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...

Read More »

Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

CoinspeakerBinance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains. Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

Read More »

South Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services

CoinspeakerSouth Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services Six projects are being proposed for the public sector, including the development of a CBDC-based digital voucher management platform by the Bank of Korea. South Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services

Read More »