‘Lost’ Yuga Labs restructures again, with layoffs, new executive
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project.
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Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets
It's been barely half a year since Cardano's network hit the 1 million wallets mark. 568 Total views 4 Total shares In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on…
Tether to reduce secured loans to zero in 2023 amid battle against FUD
The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal. 163 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its…
HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL
The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction, Indian business newspaper The Hindu Business Line reports Sunday, Nov. 4.The blockchain-powered letter of credit (LoC) transaction, reportedly the first of its kind in India, involved export by RIL…
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.
Ethereum now available on Amazon Managed Blockchain
Amazon Web Services users reportedly have the ability to "provision Ethereum nodes" as well as connect to the blockchain’s mainnet and other testnets. 2038 Total views 9 Total shares Tech giant Amazon just announced the general availability of Ethereum on its managed blockchain.According to Amazon Web Services, or AWS, users now have the ability to…
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums. 2168 Total views 20 Total shares Major Turkish crypto exchange BtcTurk came forward about a data breach from mid-2018 that leaked sensitive information of over 500,000 users. According to the official announcement, the stolen data set contains BtcTurk users’ names, citizen ID…
Ethereum-Compatible Skale Network Raises $17.1M for Mainnet Launch
The Skale Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch.Solid global backingBacked by the Liechtenstein’s Node Foundation and United States-based Skale Labs, the network now has over 40 investors in the U.S., European Union, Japan, Korea, Hong Kong and Singapore, according to a press release shared with Cointelegraph on…
Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund
The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers. 1414 Total views 5 Total shares Some of blockchain’s biggest venture firms have spearheaded a new investment fund dedicated to Web 3 gaming, also known as GameFi, potentially opening the door to a highly lucrative industry that sees cryptocurrency and…