Tag Archives: Blockchain News

With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto market witnessed a significant uptick in valuation. Understanding the Chainlink Surge The recent surge in Chainlink’s price can be...

Solana Labs is inviting startups to take part in the Incubator program. They have time till November 30 to submit their applications. Ecosystem builder Solana Labs has announced the launch of its Solana Web3 Incubator program. Speaking on the development, the Product Manager at Solana Labs, Emon Motamedi noted that Web3 start-ups require time and resources to build new solutions that benefit their audience. Motamedi identified that these founders frequently face challenges relating to Web3...

This shift denotes a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx. dYdX Chain has marked a major milestone by officially launching its mainnet as an independent Cosmos Layer 1 blockchain. This launch, which occurred with the creation of the genesis block by validators on October 26 at 1 p.m. EST, represents a monumental step forward for the leading decentralized derivatives...

While the prospect of a Bitcoin ETF is undoubtedly exciting, it is essential to acknowledge the potential challenges and roadblocks that may surface. The crypto community is abuzz with anticipation as the US Securities and Exchange Commission (SEC) considers multiple filings for spot Bitcoin (BTC) Exchange Traded Funds (ETFs). SEC Chair Gary Gensler recently revealed that the regulatory body has between eight to ten such filings on its plate for consideration. Bitcoin’s Rally and Market...

As an emerging solution, Horizen has highlighted that EON is open to partnerships and integration but only with firms and protocols that resonate with its core values. Fast-growing Layer-0 public blockchain Horizen has hit a major milestone with the mainnet launch of Horizen Ethereum Open Network (EON). Notably, Horizen EON is a smart contracting sidechain platform fully compatible with Ethereum Virtual Machine (EVM). It is designed to play a crucial role in the revolution of We b3.0 and...

The collaboration with Uphold comes shortly after Ripple celebrated a recent triumph in its ongoing legal battle with the US SEC.  Blockchain payment infrastructure company Ripple has secured a new partnership with Uphold, a US-based crypto-focused financial firm known for providing innovative solutions to streamline business offerings. The new partnership, announced on October 24, will enable Uphold to provide enhanced crypto liquidity capabilities to Ripple, fostering faster and more...

As FTX disgraced founder Sam Bankman-Fried steps to defend himself in the court on Thursday, here’s what has transpired ever since the FTX bankruptcy. Sam Bankman-Fried will testify in defense of his actions leading up to the collapse of FTX and his entire digital asset empire. His legal team confirmed during a conference call with the judge on Wednesday that Bankman-Fried will take the stand at his fraud trial following the prosecution’s case. The 31-year-old FTX founder shall testify...

As blockchain technology continues to mature, Deutsche Bank and Standard Chartered’s initiative offers a promising vision of the financial world’s future. German banking giant Deutsche Bank (ETR: DBK) and Standard Chartered’s SC Ventures have begun testing the UDPN, a system that promises to ensure seamless communication and interoperability between various digital assets, stablecoins, and Central Bank Digital Currencies (CBDCs). Deutsche Bank and Standard Chartered Now Testing the Waters...

Unlike traditional banking transactions, which usually operate only during business hours, the platform executes transactions at any given time of the day. JPM Coin, the blockchain-based payment platform developed by JPMorgan Chase (NYSE: JPM), has successfully reached an impressive milestone of processing $1 billion worth of transactions daily. The company’s Global Head of Payments, Takis Georgakopoulos, shared the news in an interview with Bloomberg Television, noting that most...

Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. In an announcement on Wednesday, October 25, Polygon Labs announced the launch of its new Polygon Token, POL, on the Ethereum blockchain network. The POL token’s purpose is to succeed the MATIC token as the next-generation, highly efficient ecosystem for Polygon. This ecosystem encompasses the primary Polygon blockchain, the Polygon zkEVM...