Blockchain Capital, a leading crypto venture capital firm, has raised $580 million in new funding to invest in decentralized finance (DeFi), gaming, infrastructure, and other emerging sectors. Blockchain capital raises $580M for two new Crypto funds. The San Francisco-based VC…
Nigerian data expert secures patent for Blockchain-driven authentication system
HYPERSPACE Technologies Limited has just achieved a significant milestone by securing a patent for Blockchain-driven Multi-Factor Authentication (MFA) system. Developed within the innovative Hyperspace Technologies’ research and development (R&D) division, the cipherKEY tap2sign™ MFA represents a next-generation security solution. This…
Paxos Confirms It’s Responsible for $500K Mistaken Bitcoin Transaction
Paxos, a company known for its stablecoins like PayPal USD (PYUSD) and Pax Dollar (USDP), recently found itself in a bit of a pickle. On September 10, they accidentally paid an extra $500,000 for a Bitcoin transaction. People were speculating…
Tornado Cash alternative detailed in paper co-authored by Vitalik Buterin
Ethereum(ETH) co-founder Vitalik Buterin, along with core developer Ameen Soleimani, Jacob Illum of Chainalysis, and scholars Matthias Nadler and Fabian Schar, have jointly authored a research paper introducing a novel privacy protocol known as “Privacy Pools.” The research paper introduces…
Unveiling the Avalanche Hyper SDK Blockchain Upgrade: Achieving 143,000 TPS on Testnet
In the ever-evolving landscape of blockchain technology, the competition to achieve unprecedented transaction processing speeds is fierce. Today, we present to you the groundbreaking advancements in the Avalanche ecosystem, specifically the Avalanche Hyper SDK Blockchain Upgrade, which has shattered records…
CBDC in the Philippines: A Digital Revolution in Banking
A Comprehensive Guide to CBDC in the Philippines. Embark on an exploration of the realm of Central Bank Digital Currencies (CBDC) and their pivotal role in sculpting the financial destiny of the Philippines. Learn about key developments, opportunities, and challenges…
Visa Payments Will Rely on Multiple Blockchains, Says Head of Crypto
Introduction In the rapidly evolving world of cryptocurrency, Visa has emerged as a prominent player. The global payment giant is not just embracing blockchain technology; it’s betting on multiple blockchains to shape the future of payments. Visa’s Head of Crypto…
SEBA Bank Granted Approval-in-Principle for Crypto Services in Hong Kong
Intoduction In the ever-evolving world of cryptocurrencies and blockchain technology, Swiss-based Seba Bank has achieved a significant milestone. On August 30, 2023, the bank received approval in principle from the Hong Kong authorities to offer crypto services within the region.…
The Future of Digital Currencies: ECB’s Stance on PayPal’s Stablecoin and the Digital Euro
Exploring the European Central Bank’s Perspective In recent times, the world of finance has witnessed a significant shift towards digital currencies. Among the various players in this evolving landscape, PayPal, a global payment giant, has garnered attention for its stablecoin…
Nexo’s New Crypto Mastercard: A Game-Changer for EEA Citizens
1. Introduction Cryptocurrencies have come a long way from being just a niche interest to a mainstream financial instrument. As more people recognize the potential of digital assets, there’s a growing demand for user-friendly solutions that facilitate their adoption. Nexo’s…