Blockchain Financial News

08.09 / 09:39

Blockchain Ethereum ConsenSys zk-STARK zk-Rollup zkEVM Linea Ethereum’s proto-danksharding to make rollups 10x cheaper - Consensys zkEVM Linea head

Zero-knowledge proof (ZK-proofs) solutions have proved critical in helping scale the Ethereum ecosystem, but proto-danksharding is expected to drastically reduce the cost of roll ups according to Consensys’ zkEVM Linea head Nicolas Liochon.

08.09 / 09:39

Blockchain CBDC defi Blockchain could have prevented Nigeria’s naira scarcity — Local experts

Blockchain technology can help solve economic problems in Nigeria and throughout the African continent, according to a group of local blockchain experts who cited Nigeria’s currency flow shortage as a case study.

08.09 / 09:39

Blockchain Technology Adoption Africa Africa’s blockchain journey begins with poverty alleviation — SumoTrust CEO

Many people have called for Nigeria and Africa to incorporate blockchain technology into daily life; however, poverty must first be conquered before blockchain technology can be properly integrated into society, according to GT Igwe Chrisent, the CEO of SumoTrust, an online savings and investment platform; and Truzact, a crypto wallet.

08.09 / 08:51

Blockchain COST Ethereum Platform Enterprise Bitcoin Costs Features B2BinPay v17 Is Live To Streamline Crypto Payments with Enhanced Features and Lower Costs

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08.09 / 06:21

business Blockchain Ethereum wallet data MetaMask Decentralized Infura launch within months, Web2 cloud giants may join: Consensys

A decentralized version of Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, the chief strategist of ConsenSys says.

08.09 / 02:03

business Blockchain Web3 Web3 made simple: Brinc joins forces with Cointelegraph Accelerator

Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many. Venture capital flowing into Web3 startups experienced a big drop over the last year, and new projects need more help than ever to carry their work throughout the early phases.

07.09 / 21:47

business Blockchain Tokens JPMorgan moves into deposit tokens for settlements: Report

Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available until the bank receives the green light from regulators in the United States.

07.09 / 21:45

Blockchain Provident defi Oracle Digital Asset ‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS

The need for an oracle in decentralized finance (DeFi) is a major impediment to adoption in the real world, according to the authors of a Bank for International Settlements (BIS) bulletin. The problems with oracles are both practical and principled, and the study’s authors saw no way around them.

07.09 / 21:45

Blockchain NFT Web3 Gaming Providing value to gamers in a changing Web3 landscape — Interview with TOKYO BEAST

In the ever-evolving digital landscape, the distinction between Web2 and Web3 gaming has gained exponential significance. Web2 gaming is typically characterized by centralized, self-contained ecosystems, while Web3 gaming embraces blockchain technology, decentralization and the concept of players owning in-game assets.

07.09 / 20:15

Blockchain Ethereum Hackers regulation crimes Cybercrime Bitcoin stake Stake hack of $41M was performed by North Korean group: FBI

The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an announcement on Sept. 7. This group has stolen more than $200 million of crypto in 2023, the announcement stated.

07.09 / 17:29

Blockchain defi Volatility DeFi 3.0 introduces a new way to hedge crypto assets against volatility

Price volatility is one of the biggest deterrents of the crypto market, dissuading newcomers from trading or investing in cryptocurrencies like Bitcoin (BTC) or Ether (ETH). Extreme market conditions can trigger billions of dollars in liquidations, making it less than ideal for institutional investors as well.

07.09 / 17:29

Blockchain Ripple XRP regulation Altcoin regulatory Ripple CTO says 'tide is turning' on US regulatory environment

A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US and pending ETF applications.

07.09 / 17:29

Blockchain Binance defi Upbit Cyber Binance to reimburse users $1M for Cyber Earn incident

Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.

07.09 / 17:29

Blockchain Provident Digital show social 9 crypto leaders share advice for proof-of-humanity solution builders

Trust is in shorter supply in the digital world these days. As artificial intelligence evolves and produces more “humanlike” and realistic results, users of digital services are increasingly concerned with knowing who and/or what, precisely, they’re interacting with. With a commitment to decentralization and broad access, the crypto industry in particular needs proof-of-humanity solutions to avoid issues like fake accounts and automated bots — and, of course, to comply with Know Your Customer and Anti-Money Laundering regulations.

07.09 / 17:29

Blockchain Adoption Rug Pull controversy freeze Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull

A BNB Chain rug pull scammed users out of $2 million worth of BNB ($11 million at today’s prices). Users asked Binance for help, and Binance said it had frozen the funds but then retracted the statement. The funds sat in the address for nearly two years until Binance suddenly took action to freeze the scammer’s wallet, which had grown to $10.8 million. Previously, Binance had stated that it could not freeze wallets outside of exchange addresses due to BNB Chain’s decentralized nature. Users were unhappy and demanded that Binance do more. This is the story of the PopcornSwap scam.

07.09 / 17:29

business Blockchain Technology Adoption DLT AI and blockchain will 'reshape sectors' and create new markets from scratch — Moody's

Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6.

07.09 / 16:33

Blockchain Digital Cooper Platform Action Terra Usd show cover Global regulators seek to crack down on decentralised finance

decentralised finance" (DeFi)accountable for their actions and safeguard market stability. DeFi platforms allow users to lend, borrow and save in digital assets, using the blockchain technology that underpins cryptoassets to bypass the traditional gatekeepers of finance such as banks and exchanges.

07.09 / 15:23

Blockchain Provident Digital Strategy Discover awards Kellogg Unlock the Future of Marketing and Branding with Prof Philip Kotler and Dr David Aaker at the ETMasterclass

The Economic Times presents a unique opportunity to gain unparalleled insights from leading luminaries in the field — Prof. Philip Kotler and Dr. David Aaker. They will share insights into the future of marketing and branding in today's dynamic world. We will delve into the emerging paradigms in marketing, such as Quantum Marketing, and the transformative power of branding. Join us for a two-day ETMasterclass that will reshape your understanding of marketing and branding in the modern world.

07.09 / 15:05

Blockchain Citi Provident Target Platform voice exclusive settlement Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

07.09 / 15:05

Blockchain Extreme CEO Intuit RPG audience song week Planetarium Labs Unveils Two Pioneering Blockchain Gaming Titles At Korea Blockchain Week

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

07.09 / 15:05

Blockchain Binance Ripple SEC Telegram Action coinbase Crypto Project TON Foundation Completes Transition, Registers as Swiss Non-Profit

The team overseeing The Open Network(TON) blockchain has completed its transition into a Swiss non-profit organization.

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