Blockchain Financial News

07.05 / 17:25

Blockchain Digital Man Bitcoin As Cardano addresses set a new record, ADA holders should be thankful for…

Cardano, one of the most promising crypto ecosystems has had a slow start in terms of price. Cardano’s price fell 33.8% in April to $0.76, reaching a market capitalization of $25.5 billion at the end of the month.

07.05 / 16:41

Blockchain cryptocurrency Remark cryptocurrency news Nirmala Sitharaman Flags Anonymity Factor As Risk In Blockchain Use

Finance Minister Nirmala Sitharaman has flagged anonymity as an "inherent risk" in blockchain technology

07.05 / 14:13

Blockchain Technology defi Fraud How to avoid front runners on decentralized crypto exchanges

Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has refused to subside is front-running. Unscrupulous players are still finding ways to defraud unsuspecting traders.

07.05 / 14:05

Blockchain cryptocurrency AXY cryptocurrency news US Imposes Sanctions On Virtual Currency Mixer Blender

US has imposed sanctions on virtual currency mixer Blender

07.05 / 13:17

Blockchain Target Digital Latest phishing attempt on OpenSea, here’s what investors need to be wary of

OpenSea, one of the largest NFT marketplace saw an unprecedented surge since its inception. That said, this rise saw different hiccups on the way that did hinder its growth.

07.05 / 12:39

Blockchain Technology Adoption Google Digital sovereignty: Reclaiming your private data in Web3

As the Fair Data Society puts it, we are laborers in the data economy. Our personal data — basically, the digital blueprint of our lives — gets collected by platforms we interact with, most often in a non-transparent way. At best, it is used to improve our user experience. At worst, our privacy gets breached, monetized and even weaponized against us.

07.05 / 08:15

Blockchain Bitcoin The Ukraine invasion shows why we need crypto regulation

Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more than $60 million, according to Michael Chobanian, founder of Kyiv-based Kuna Exchange and president of the Blockchain Association of Ukraine, who posts regular updates via his Twitter account.

07.05 / 06:19

business Blockchain cryptocurrency Bitcoin Bitcoin Down Cryptocurrency Prices Today May 7: Bitcoin down, Ethereum biggest loser

Cryptocurrencies traded in the red early today on May 7. The global crypto market-cap is $1.65 trillion, a 0.92 percent decrease over the last day. The total crypto market volume over the last 24 hours is $93.61 billion, which makes a 17.85 percent decrease.

07.05 / 05:33

Blockchain Adoption Bitcoin Bitcoin’s Velvet Revolution: The overthrow of crony capitalism

If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict would probably make the revolutionaries think they’d won. They would see a society split on all manner of subjects — from identity politics to the correct COVID-19 strategy — but virtually silent on the eternal struggle between labor and capital, the oppressors and the exploited.

07.05 / 01:33

Blockchain Ethereum VISA Ethereum: Can this new trend become a cause of concern ahead of the ‘Merge’

Polygon recently commissioned a report to study the Layer 2 scaling solutions and create a framework for comparison. It uses the example of the Ethereum for studying layer-1 ecosystem challenges and throws light on ETH layer-2 scaling solutions.

06.05 / 23:41

markets Blockchain Technology Adoption There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry

The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public.

06.05 / 23:41

Blockchain Ethereum security Sky Mavis Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity's Ronin Bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack.

06.05 / 22:43

business Blockchain Google Cloud Services Amid crypto hype, Google’s cloud unit creates Web3 team

Google’s cloud unit announced on Friday the formation of an internal team that will build services for blockchain developers and those running blockchain-based applications. This comes amid an explosion of interest, activity, and adoption of crypto and Web3 tools from traditional sectors of the economy.

06.05 / 20:19

markets Blockchain Stablecoin defi Cross-Chain Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launch on the mainnet.

06.05 / 19:27

Blockchain Ethereum cryptocurrency Bitcoin How blockchain technology is supporting Ukraine and Russia by betting on virtual Russian stocks

Cryptocurrencies and blockchain technology have proven to be a lifeline to save both the Ukrainian and Russian economies.

06.05 / 18:53

business Blockchain Mining Controlling 17% of BTC hash rate: Report on publicly listed mining firms

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current landscape of publicly listed crypto mining companies that control approximately 17% of the total hash rate of the entire Bitcoin network.

06.05 / 17:49

Blockchain proof-of-work Bitcoin stake Eager to work: Bitcoin switch to proof-of-stake remains unlikely

Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment.

06.05 / 16:25

business Blockchain Supply Chain Power Blockchain technology to power De Beers’ diamond production

Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution.

06.05 / 16:03

Blockchain Adoption Sony Theta Labs to help Sony launch 3D NFTs compatible with Spatial Reality Display

Japanese conglomerate Sony Electronics collaborates with blockchain video delivery network Theta Labs to launch nonfungible tokens (NFTs) that can be viewed in mixed reality through Sony's Spatial Reality Display, a monitor that lets people perceive things in 3D without using traditional 3D accessories.

06.05 / 15:51

Blockchain Digital Executive executive order California governor signs blockchain executive order

Under this order, the state will begin the process of creating a regulatory approach to spur responsible innovation while protecting consumers, assess how to deploy blockchain technology for state and public institutions, and build research and workforce development pathways.

06.05 / 15:25

Blockchain Ethereum Cybersecurity security Phishing scams OpenSea Discord server hacked, users warned to be vigilant of phishing scams

Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake "Youtube partnership" announcements.

frequently asked questions about Blockchain

What is Blockchain and why is it gaining attention?

Blockchain is a high-demand area that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Blockchain?

All recent news about Blockchain can be found in the special selection. We publish information in a timely manner.

How can I verify the accuracy of information on Blockchain?

We consult with professionals to ensure that the information about Blockchain is accurate and informative for our readers.