BytePlus, the technology solutions subsidiary of ByteDance, is making a significant foray into the realm of blockchain with the introduction of its latest innovation, Sui. In collaboration with Mysten Labs, BytePlus is set to integrate its state-of-the-art recommendation solutions, augmented…
Bitcoin Utility Under Question by Fed’s President Neel Kashkari
Key Highlights: Federal Reserve Bank of Minneapolis President Neel Kashkari recently disparaged Bitcoin, drawing parallels between the cryptocurrency and Beanie Babies, further intensifying his criticism of digital currencies. Questioning Bitcoin Utility In a LinkedIn discussion with Jennifer Ablan, Kashkari responded…
Circle’s Integration with Solana Aims to Boost Cross-Border Payments
Circle’s role in the crypto sphere is expanding as it supports Solana. The rising star among blockchain networks, particularly for making cross-border transactions easier. In March alone, Solana facilitated a staggering $1.4 trillion in stablecoin transfers. Cementing its position as…
Coca-Cola HBC Adopts New Solana-Based ALL.ART Blockchain for Staff Qualifications
Key Highlights In a huge collaboration, Coca-Cola HBC, a key bottling partner for the Coca-Cola Company. Has embraced blockchain technology through its partnership with Solana-based platform ALL.ART. The focus of this innovative venture is to enhance and secure the internal…
Solana NFTs Soar to $5 Billion: Galaxy Fox Emerges as Top GameFi Contender
Key Highlights The digital assets space witnesses a groundbreaking shift as Solana NFTs achieve a staggering $5 billion in trade volume. In tandem, Galaxy Fox, a prominent GameFi player, garners attention from investors in 2024. Solana NFTs Surge In the…
Web3 Privacy: COTI Implements Garbled Circuits on Blockchain Ahead of V2 Launch
Key Highlights: In a groundbreaking development, COTI, a Web3 infrastructure development firm, has successfully demonstrated the deployment of garbled circuits on the blockchain. This achievement comes just before the anticipated launch of COTI V2, the privacy-centric Ethereum-based layer-2 network, scheduled…
Recent Changes in Web3: Is eBay Ending NFTs?
Key Highlights: In a surprising turn of events, it appears that eBay might be reconsidering its stance on NFTs. Sources close to the e-commerce giant’s Web3 division have revealed that a substantial 30% of the team has been laid off.…
Sports Illustrated’s Box Office Embraces Avalanche for the NFT Ticketing
Key Highlights: In the ever-evolving realm of blockchain technology, Sports Illustrated Tickets’ NFT ticketing platform, known as “Box Office,” has strategically moved from the Polygon blockchain to Avalanche. This transition, occurring almost 10 months post-launch, marks a significant collaboration between…
MetaMask Integrates Blockaid Alerts – Enhancing Security Across Blockchians
After a successful beta phase, MetaMask has now integrated Blockaid-powered security alerts by default. Not only on Ethereum (via extension) but also on various other networks. Users can now benefit from these security alerts on Linea, BNB Chain, Polygon, Arbitrum,…
How Provenance Blockchain’s Hold Module Redefines Asset Management
In the ever-evolving landscape of financial services, blockchain technology continues to redefine the way we conduct transactions. One noteworthy advancement in this domain is Provenance Blockchain’s groundbreaking Hold Module. This private API has been engineered directly into the protocol, and…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
