Blockchain Financial News

16.06 / 17:07

Blockchain Gaming play-to-earn play Fun first, finance second: How this game is transforming the world of play-to-earn

Play-and-earn games have become a significant part of the crypto ecosystem in recent months — and they've even enabled some players to make a living.

16.06 / 16:53

Blockchain Report proof-of-work Bitcoin Banking uses 56 times more energy than Bitcoin: Valuechain report

Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light.

16.06 / 16:05

Blockchain Ethereum Adoption Financial Top Blockchain Non-Financial Applications According to Vitalik Buterin

Ethereum (ETH) co-founder Vitalik Buterin has been quite vocal recently about the non-financial applications of blockchain technology and has published a paper on June 12 listing some use cases.

16.06 / 15:49

Blockchain Lowe's Action How The Graph’s [GRT] short-term woes can pave way for a better long-term rally

The Graph token is arguably one of the crypto projects that have a bright future thanks to its strong fundamentals and unique focus. However, GRT’s price action has been crashing in tandem with the rest of the crypto market, thus failing reflect the network’s growth.

16.06 / 13:59

business Blockchain Adoption Bitcoin ‘Builders rejoice’: Experts on why bear markets are good for Bitcoin

The crisis has triggered a wave of panic in the community, with the Bitcoin miners’ selling activity surging to seven-month highs as the BTC mining profitability has dropped to October 2020 levels.

16.06 / 12:51

Blockchain Adoption e-commerce Sandbox Metaverse could be worth $5 trillion by 2030: McKinsey report

Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.

16.06 / 12:35

business Blockchain defi Investments freeze Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation

Danny Yuan, the CEO of trading firm 8 Blocks Capital, called out to platforms that are holding funds owned by 3AC to freeze the assets, as rumors of 3AC’s insolvency stay afloat.

16.06 / 12:19

Blockchain NFT Social Media Web3 Social networking platform purchases NFT worth $1,24 million as its brand ambassador

The hype around NFTs is reaching critical mass, with public figures, celebrities like Justin Bieber and Jimmy Fallon, and major businesses putting significant investments into the digital sphere. For many, the actions of these parties call into question what all the attraction is about.

16.06 / 12:07

Blockchain Digital Action Mobile KBC launches Kate Coin

Customers will be able to acquire Kate Coins and effectively use them via their Kate Coin wallet in KBC Mobile in a 'closed loop' environment, outside of which the coin has no monetary value. Kate Coin is fully collateralised by KBC and pegged to the euro on a 1:1 basis, at a rate of 1 euro per Kate Coin.

16.06 / 09:17

Facebook Blockchain restrictions events Yahoo launching Metaverse events for Hong Kong residents under restrictions

Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region.

16.06 / 08:51

Blockchain UPS Ethereum Standard Crypto Conversations | ERC-1155: Why this Ethereum standard is special

The Ethereum blockchain hosts a slew of tokens, and not all of them are created similarly. For instance, some Ethereum tokens are fungible and easily interchangeable (most of these follow the ERC-20 standard) while some others are unique- called the non-fungible tokens or the NFTs.

16.06 / 05:45

business Blockchain Stablecoin Tether Time Total supply of stablecoins dropped sharply for first time ever in Q2

The total supply of stablecoins saw its sharpest drop in history during Q2 2022, with stablecoin redemptions spiking as a result of “short-term liquidity and concerns about insolvency that were not present during the panic of 2020," according to data analytics firm Coinmetrics.

16.06 / 04:41

business Blockchain Adoption Investments True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund

Venture capital firm True Global Ventures 4 Plus (TGV4 Plus) has announced the closure of a $146 million funding round earmarked for a wide range of Web3 projects — highlighting investors’ continued interest in crypto despite an ongoing bear market.

16.06 / 03:25

Blockchain Cooper CEO Crypto CEOs told to display ‘a little humility’ as crash claims more than a thousand jobs

Charley Cooper, former chief operating officer at the US Commodity Futures Trading Commission, has a warning for crypto bosses as the market crumbles: Tread carefully.

16.06 / 00:39

business Blockchain Ethereum Adoption Ankr partners with Optimism to provide a fast and reliable RPC service for users

Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism.

16.06 / 00:39

Blockchain defi NYSE Former president of the New York Stock Exchange joins Uniswap Labs as an advisor

On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor.

16.06 / 00:09

business Blockchain Adoption DLT Financial Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain

Vitalik Buterin, co-founder of both Ethereum & Bitcoin Magazine, took to Twitter to share his thoughts on non-financial use-cases for blockchain technology.

16.06 / 00:09

business Blockchain Adoption security vulnerability MetaMask warns of security vulnerability from older versions of popular crypto wallet

On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery.

15.06 / 23:03

Blockchain Adoption NFT Marketplace Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more

This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs.

15.06 / 22:29

Blockchain exchanges Bitcoin innovations Bitcoin is here to stay even as new innovations develop — Bybit founder

Cointelegraph's editor-in-chief Kristina Cornèr interviewed Bybit founder Ben Zhou at the Formula 1 Grand Prix at Monaco, discussing topics like educating newcomers in crypto, the effects of the Terra (LUNA) — now known as Luna Classic (LUNC) — debacle on institutional interest and the survival of Bitcoin (BTC) amid new developments in the industry.

15.06 / 21:03

business Blockchain Kraken Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture

On Wednesday, cryptocurrency exchange Kraken announced that it would continue to hire over 500 roles in various departments amidst a market downturn. The company's hiring efforts are in stark contrast to a week of severe layoff announcements from major blockchain firms such as Coinbase, BlockFi, etc. In support of the decision to expand its staff, Kraken said:

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