Blockchain Financial News

09.06 / 10:15

Blockchain Technology Adoption fees Smart Contracts Power businesses The power of Fastex's POSA consensus: Empowering validators and businesses alike

"Stakers and validators usually don't care about the blockchain platform they're using, they don't care about its health. We want to change that," said Pavel Aramyan, Blockchain Program Lead at Fastex and one of the guests at Cointelegraph's live. "We want to actually reward validators and businesses and encourage them to provide value to users."

09.06 / 06:13

Blockchain cryptocurrency crypto regulation Bitcoin What makes a crypto asset a security in the US?

What is the SEC alleging? The Securities and Exchange Commission (SEC) sued Coinbase on Tuesday in Manhattan federal court and accused the largest US cryptocurrency platform of operating illegally by evading disclosure requirements. The SEC said Coinbase allowed users to trade at least 13 crypto assets that should have been registered as securities, including tokens such as Solana, Cardano and Polygon.

08.06 / 21:57

Blockchain Mining Research Science Bitcoin Quantum miners would yield ‘massive’ energy savings for blockchain: Study

A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed quantum-based solutions.

08.06 / 20:01

Blockchain Binance Digital SEC Platform coinbase Corning Sec Chair SEC Chair Doubles Down on Need For Crypto Regulation

Just days after suing two of the largest crypto exchanges in the world, SEC chief Gary Gensler was scathing in his criticism of crypto firms, saying that most crypto tokens are subject to U.S. securities laws and crypto platforms need to comply.

08.06 / 19:53

Blockchain cryptocurrency NFT DEX Metaverse Crypto Exchange crypto experts Utility Crypto Experts Say This New Web3 Utility Coin is the Best Altcoin to Buy Now – How Does it Work?

Finance is a constantly evolving field, especially these days--with new technologies like cryptocurrencies, blockchain, and decentralization disrupting traditional ideas of value, investment, and ownership.

08.06 / 19:07

Blockchain Ethereum ETH Twitter Platform Browser Blockchain Comes to Internet Browsers: ENS to Launch .box Web Domains in September

The leading Web3 identification project, Ethereum Name Service (ENS), is launching a new domain name extension dubbed .box in September 2023.

08.06 / 16:57

Blockchain Binance Reuters SEC CEO Merit Regulators Uncover Binance's Billions of Dollars Transactions Through U.S. Banks

A new filing from the U.S. Securities and Exchange Commission suggests that Binance moved billions of dollars in customer funds through Signature Bank and Silvergate Bank – both crypto-friendly U.S. firms that failed in March.

08.06 / 16:19

Blockchain Provident Target Binance SEC Platform Action sec lawsuit Solana is Going to Zero After SEC Lawsuit Deems SOL a Security and Investors are Moving to Ecoterra as the Platform Raises $4.9 Million – What Does it Do?

In a nasty surprise for Solana holders, SOL has been named as an unregistered security in the latest SEC enforcement action against Binance - now facing an uncertain future will Solana sink-or-swim?

08.06 / 15:49

Blockchain Ethereum Adoption NFT wallet Social Media Polygon Subsocial chat program implements Ethereum usernames, Polygon donations

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.

08.06 / 14:59

Blockchain Digital NASDAQ CEO BNI Custody asset manager Asset Manager Schroders in Search of Crypto Custodian for Digital Asset Push

Schroders Plc, an asset management firm with over $900 billion in assets under management, is venturing into crypto and is actively searching for a third-party custodian to support its digital asset expansion.

08.06 / 14:19

business Blockchain Adoption Africa Decentralization World Mobile eyes African rollout after decentralized wireless field tests

Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full rollout across the African continent, the company said in the announcement.

08.06 / 13:23

Blockchain Digital Fighting Align The role of blockchain in combatting fraud and revolutionizing the gaming industry

A new dawn is breaking in the gaming industry, driven by the transformative power of blockchain technology. As this industry — expected to hit $200 billion in 2023 — continues to grapple with the scourge of fraud, blockchain is emerging as a potent ally, armed with its inherent traits of decentralization, transparency and immutability. Moreover, blockchain is not merely a tool to combat fraud but also an innovation set to revolutionize the gaming experience itself.

08.06 / 13:21

Blockchain UPS Digital AXY Platform Infinity On the horizon: The creator economy is moving to Web3

Though it is beginning to recede in memory, the bear market of 2022 dealt a major blow to public confidence in blockchain technology’s potential for practical use and mass adoption. The collapse of blockchain platform, Terra, and the dissolution of crypto hedge fund, Three Arrows Capital and global exchange, FTX, damaged the financial well-being and reputation of the entire ecosystem.

08.06 / 13:05

Blockchain EOS community EOS turns 5, celebrates the community’s effort to rebuild

Celebrating the 5th anniversary of the EOS Network, the team behind the protocol highlighted the importance of the community as it looked back on the many challenges it had to face to revive the scalability protocol.

08.06 / 13:03

business Blockchain Microsoft Ankr–Microsoft partnership continues with blockchain creator tool debut

On June 8, decentralized blockchain infrastructure provider Ankr announced the launch of its enterprise blockchain creator tool on Microsoft’s Azure Marketplace. Dubbed “AppChains,” the solution will enable companies to quickly launch a dedicated and customizable blockchain to power various Web3 strategies. Developers can deploy the Polygon Supernet on its first iteration, with more choices thereafter.

08.06 / 12:39

Blockchain defi lending Decentralization Cosmos Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator

Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically designed protocols. With crypto lending, users can lock their crypto assets as collateral and then borrow a fiat or stablecoin loan. Instead of traditional intermediaries, like banks and credit unions, DeFi lending protocols operate directly on a blockchain. Smart contracts facilitate each loan or borrowing, and on-chain supply and demand decide the interest rates.

08.06 / 12:39

business Blockchain Adoption Europe European Union Decentralization Verification EU to use blockchain for educational and professional credential verification

The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders.

08.06 / 12:39

Blockchain regulation advertisement Crypto ads face stricter rules, referral bonus ban by UK FCA

In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would be subjected to stricter regulations.

08.06 / 12:11

Blockchain UPS Provident SEC Action Terra Luna Luna Terra Luna Classic Price Prediction as LUNC Pumps Up 10% in 7 Days – Is a New Rally Starting?

The Terra Luna Classic price has rallied by 3% in the past hour, moving up to $0.00009746 as the wider cryptocurrency market continues to be subdued by the recent SEC actions against Coinbase and Binance.

08.06 / 11:35

Blockchain Adoption Binance SEC Europe coinbase Killing SEC is killing innovation in United States - 1inch co-founder

The United States could run the risk of an exodus of major Web3 and cryptocurrency service providers as the Securities and Exchange Commission (SEC) takes action against Coinbase and Binance.

08.06 / 10:07

Blockchain NFT Mainnet NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

Nonfungible-token (NFT) protocol Enjin has announced its transition into a new mainnet called "Enjin Blockchain" with the aim of furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity has also been forked into the new blockchain.

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