Tag Archives: Blockchain News

Stateless roll-up Versatus LASR represents a pure execution environment that relocates compute processes off-chain without the inherent responsibilities or expenses tied to maintaining state and storing data. On Wednesday, December 6, peer-to-peer web services protocol Versatus Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise happens at the company’s valuation of $50 million. Also, it will help the Versatus...

Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists. In recent weeks, Bitcoin price has once again captured the attention of the financial industry as it surged above $44,000, a level not seen since May 2022. However, this rally seems to lack the fervor and widespread interest that accompanied previous bull cycles, according to a Bloomberg report. Despite Bitcoin Price Growth, Interest Remain Subdued A notable indicator of...

The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products. It appears that from here onwards,  there’s no going back on the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. This follows after a recent Reuters report claimed that talks between the US Securities and Exchange Commission (SEC) and the asset manager applicants of the said ETFs have entered into a crucial stage. Anticipation Enters Top...

IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a...

In a bid to attract more institutional investors to the upcoming platform, One Trading plans to provide free trading on all cryptocurrency pairs listed on the exchange.  Cryptocurrency exchange One Trading, formerly known as Bitpanda Pro, has announced plans to introduce its new trading venture that aims to offer users swift digital asset trading experience in the coming weeks. Scheduled to debut at an undisclosed date in the next few weeks, the company said its F.A.S.T platform will...

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol. Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms”...

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023...

The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users. The Republican presidential debate in Tuscaloosa, Alabama, on Wednesday, delved into cryptocurrency policies and regulation. Vivek Ramaswamy, who stood out for integrating crypto into his campaign, did not hesitate to address the industry’s challenges. In response to a query about his crypto policy, Ramaswamy referenced the recent legal turmoil...

At present, the training and operation of AI models is restricted to large tech companies. Crypto has the potential to help create multi-sided, global, permissionless markets where anyone can contribute data and be compensated for it. Venture capital firm Andreessen Horowitz (a16z) has released its “big ideas” for 2024, with its crypto arm composing a list of trends to look forward to in crypto in 2024. The list contains trends that the firm’s crypto partners are looking forward to across...

While DOGE and SHIB experienced notable gains of 16% and 10%, respectively, in the past 24 hours, Bonk outshone its counterparts with a surge exceeding 70%. In recent developments in the crypto market, the resurgence of dog-themed tokens has taken center stage, with Bonk (BONK) emerging as a formidable contender against the more established players like Dogecoin (DOGE) and Shiba Inu (SHIB). The recent resurgence in interest in these tokens has seen substantial gains for holders,...