Oil and the blockchain – Shell just made its first investment in blockchain

Oil giant, Shell has just concluded its first investment in blockchain after acquiring a minority stake in Applied Blockchain a London startup. Shell hopes to explore the potential of the blockchain technology in relation to the Oil and Gas industry.…

Indian telecom giant Reliance Jio plans entry into the blockchain and cryptocurrency space using JioCoin

One of the largest mobile network operators in India, Reliance Jio Infocomm Limited, better known as Jio, has announced their plan to enter the blockchain and cryptocurrency space. They will also launch their own cryptocurrency JioCoin. Jio has only recently,…

Arizona Lawmakers Debate paying taxes with Bitcoin

Arizona will become the second state to debate paying taxes in bitcoin after New Hampshire. The bill is sponsored by state Senator Warren Petersen and supported by three other lawmakers. If the bill is approved, it will allow people to…

More than 8 million dollars spent to buy virtual cats on the Ethereum Blockchain

Axiom Zen , an award-winning design studio based in Vancouver, Canada, founded by Roham Gharegozlou in 2012, has launched the online game CryptoKitties on 28th November. Built on blockchain technology, it’s already has has gone viral. As of today the December 7th,…

MevBot Scams Drain $1.69 Million from Developers Seeking Safe Passive Income

In recent times, an alarming wave of scams has emerged, targeting unsuspecting developers seeking risk-free passive income. These scams, operating under the guise of MevBot, entice developers with false promises, only to exploit their trust and ultimately deceive them. This…

Bitcoin Approaches All-Time Peak, Climbing Above $67K Fueled by ETF Demand Amidst GBTC Withdrawals

Bitcoin, the largest cryptocurrency, is experiencing a remarkable rally, overcoming several obstacles along the way. In recent days, its value has surged, approaching its all-time high. This surge is primarily driven by the anticipated strong demand for exchange-traded funds (ETFs)…

Angel Drainer Phishing Group Steals $400,000 from 128 Crypto Wallets Using Etherscan Exploit

In a recent cyber attack that sent shockwaves through the cryptocurrency community, the notorious Angel Drainer phishing group successfully pilfered over $400,000 from 128 crypto wallets. This sophisticated attack utilized a new tactic, exploiting Etherscan’s verification tool to mask the…

Sui Kiosk: Secure Storage, Trading, and Protection of Digital Assets

In the world of blockchain technology, safeguarding and exchanging digital assets have become crucial endeavors. Within this landscape, Sui’s Kiosk offers a powerful solution for the storage, trading, and protection of digital assets. Comparable to an escrow service, Sui Kiosk…

SatoshiVM: Bridging Bitcoin and Ethereum for Advanced Interoperability

SatoshiVM emerges as a Layer 2 solution, ingeniously bridging the Bitcoin and Ethereum ecosystems. This innovative technology leverages Bitcoin’s robust security and Ethereum’s flexible smart contract capabilities, heralding a new era in blockchain interoperability. SatoshiVM’s Role in Bridging Bitcoin and…

Major Banks Pay $385Billion in Penalties for Fraud, Illegality Since 2000 and its not Crypto – Details explained – Top 10 Worst Offenders

The financial industry plays a crucial role in the global economy, facilitating transactions, providing loans, and offering various financial services. However, the sector has not been immune to instances of fraudulent and illegal activities. Over the years, major banks have…