Cryptosat, a company that builds satellites that focuses on blockchain and crypto applications, has partnered with Dfns Labs, a web3 wallet infrastructure and security solutions company, to launch a “Space Wallet.” This innovative wallet uses Cryptosat’s threshold signature scheme as…
NEAR Protocol Partners with Tech Giant Alibaba Cloud for Web3
The NEAR Foundation and Alibaba Cloud are partnering to accelerate Web3 development in Asia and the Middle East. The NEAR Foundation is the entity behind the NEAR protocol, while Alibaba Cloud is the technology and data storage arm of the…
Altcoins at a Glance – Important News About EDX Markets, BCH, VET, USDT, and More
Welcome back to Altcoins at Glance. This week has been spectacular for the crypto community as Bitcoin, the king of digital assets, has pumped above thirty thousand. A pump from BTC usually takes a big chunk of the altcoin market…
What is Bitcoin Cash, and Why Did It Suddenly Pump?
When cryptocurrency is mentioned, one of the first words a person would think of is probably Bitcoin (BTC). The biggest and most popular digital asset is known even to non-crypto enthusiasts. But did you know that Bitcoin has created several…
Senator Lummis on New Digital Assets Bill, Criticizes the SEC
The crypto industry has its fair share of detractors. It was once called a fad and was even called magic internet money. Regulators are also not on crypto’s side. Numerous enforcement actions have been brought upon legitimate digital asset businesses…
Big Institutions Start New Crypto Gold Rush
The crypto community has been in a frenzy in the last few days because several traditional financial institutions are deploying resources to the digital asset industry. These positive developments have pushed market sentiments to bullish, and the Bitcoin (BTC) price…
Financial Titans Back New Crypto Exchange EDX Markets
EDX Markets is a new crypto exchange that is backed by several titans in the financial sector. It went live on June 20, 2023, offering only four cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). EDX is…
BNB launches Promising Layer-2 Solution
The BNB chain, a layer 1 blockchain by Binance, has recently introduced a new layer-2 network called opBNB, which is based on the Optimism OP stack. The Optimism OP stack uses optimistic rollups to scale transactions, which in theory could…
Altcoins at a Glance – Important News for the Week
Welcome back to Altcoins at a Glance. If you are still here and surviving despite the FUD surrounding the crypto industry, then the Cryptonewsbytes team wishes to congratulate you. We also know that your time is precious, so we have…
Fashion Levels-up With Blockchain Technology
BLK DNM, a Swedish-American fashion label, was bought by ChromaWay, a blockchain company, in June 2023; the marriage of fashion and blockchain led to the development of “connected fashion”. Connected fashion means that these garments exist in both physical and…