Tagged: blockchain adoption

January 4, 2025 @ 9:51 am By Omar Faridi  |  

As Bitcoin reaches unprecedented levels following yesterthe US election results, thousands of first-time investors are rushing to enter the cryptocurrency market. But new research from CertiK – the blockchain security firm that has protected over $3 trillion in user assets – reveals concerning vulnerabilities that… Read More

January 4, 2025 @ 6:43 am By Omar Faridi  |  

As the web3 and blockchain industry prepares to close out the year 2024, the team at Crypto.com has made several important announcements. Crypto.com customers in Singapore are now able to donate to the Salvation Army by paying in crypto, with plans to further expand the… Read More

January 3, 2025 @ 8:16 am By Omar Faridi  |  

Max Rabinovitch, Chief Strategy Officer at Chiliz & Socios.com, has shared key insights with CI, reflecting on the most impactful developments of 2024 and predictions for the year ahead. As noted in the update, the Chiliz Chain is the Layer-1 blockchain for sporting brands to… Read More

January 2, 2025 @ 10:31 am By Omar Faridi  |  

As the year 2024 came to an end, the team at Polygon said it was clear that the past year was a mix of significant progress as well as challenges. The team at Polygon has provided a quick recap of the key developments from the… Read More

December 23, 2024 @ 8:35 am By Omar Faridi  |  

Lens, the blockchain L2 network empowering decentralized consumer experiences, closed a $31 million round led by Lightspeed Faction. Additional participants in the investment round reportedly include the following: Alchemy, Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re7, and Wintermute Ventures, as well… Read More

December 20, 2024 @ 11:01 am By Omar Faridi  |  

Securitize announced it has obtained approval by the Spanish National Securities Market Commission (CNMV) as an Investment Firm, registering Securitize Europe Brokerage and Markets, S.A. in order to operate as a Sociedad de Valores (broker dealer), providing services for blockchain-based financial assets, including acting as… Read More

December 18, 2024 @ 12:00 pm By Omar Faridi  |  

Sumsub is announcing its partnership with Darkex, a blockchain platform renowned for its commitment to trust and security. This collab sets a benchmark for user experiences and compliance in the blockchain space. Sumsub will equip Darkex with verification and anti-money laundering (AML) capabilities, ensuring fast onboarding;… Read More

December 17, 2024 @ 7:33 am By Omar Faridi  |  

Societe Generale announces the successful completion of a collateralized market transaction “fully” executed on blockchain via its subsidiary Societe Generale – FORGE. This is reportedly the first repo transaction (Sale and Repurchase Agreement) in digital securities (Security Tokens) with an Eurosystem’s central bank. As explained… Read More

December 16, 2024 @ 5:15 pm By Omar Faridi  |  

Uplink, a decentralized connectivity ecosystem for existing and new internet infrastructure, has announced an implementation on Avalanche, a Layer 1 blockchain and smart contracts platform. The decentralized physical infrastructure network (DePIN) Layer 1 project built on the Avalanche Blockchain, paves the way for “global decentralized… Read More

December 13, 2024 @ 4:33 pm By Omar Faridi  |  

Many more people are now wondering whether stablecoins (or digital tokens backed with fiat currencies 1-to-1 like the US dollar) truly open “remarkable conditions” to enable business onchain? According to a recent update, the answer to this pressing question is yes. However, where lies their… Read More

December 9, 2024 @ 10:36 pm By Omar Faridi  |  

Concordium, Google, and Danish transmission system operator (TSO) Energinet are piloting a project aimed at transforming the green energy landscape. Central to this initiative will be Energinet’s Project Origin and the Energy Track & Trace platform, leveraging Concordium blockchain technology to ensure traceability, transparency, trust,… Read More

December 3, 2024 @ 7:26 am By Omar Faridi  |  

21X, which will reportedly launch the EU-regulated financial market infrastructure (FMI) in order to provide order matching, trading, settlement and registry services for tokenized money and securities, announced that it has signed a partnership with Chainlink, which claims to be the standard for onchain finance…. Read More

November 22, 2024 @ 4:37 pm By Omar Faridi  |  

Consensys, the blockchain and web3 software technology company, shares the findings of its “Web3 Workforce Survey,” one of the most comprehensive workforce surveys in the web3 space, conducted through YouGov, an international online research data and analytics technology group. The research reveals record-high confidence in… Read More

November 15, 2024 @ 11:56 am By Omar Faridi  |  

Solana (SOL) and Base are leading interest in chain-specific narratives this year, according to an update from CoinGecko. The Solana ecosystem has maintained its lead as the “most popular” blockchain ecosystem this year, accounting for “38.8% of global crypto investor interest in chain-specific narratives.” CoinGecko… Read More

November 15, 2024 @ 11:54 am By Omar Faridi  |  

Infura’s Decentralized Infrastructure Network has reportedly launched as an EigenLayer AVS. A year after revealing its list of providers building the public infrastructure for an improved internet, Consensys and Infura’s Decentralized Infrastructure Network (DIN) is handling requests “across a dozen blockchain networks.” Recently, DIN unveiled… Read More

November 12, 2024 @ 8:22 pm By Omar Faridi  |  

Following the Plan B Forum in Lugano and the Liquid Developer Bootcamp in Viareggio, Blockstream is announcing the opening of a research center in Lugano, Switzerland. The center aims to accelerate the development of financial products enabled by the Liquid Network, working with partners and… Read More

November 4, 2024 @ 10:45 pm By Omar Faridi  |  

Nansen has teamed up with Scroll to elevate onchain analytics in the Scroll ecosystem. Nansen’s integration with Scroll will now aim to bring more transparency and accessible ecosystem insights to everyone. Nansen further noted that they are officially announcing their collaboration with Scroll, a zero-knowledge… Read More

November 4, 2024 @ 10:44 pm By Omar Faridi  |  

As the Web3 ecosystem continues to mature and evolve, significantly more capital is flowing into the crypto-assets sector — which, in many cases, has provided opportunities for hackers to “profit” from this by exploiting vulnerabilities on-chain. This, according to an update from CertiK. Unfortunately, blockchain… Read More

November 3, 2024 @ 6:16 pm By Omar Faridi  |  

Solana made waves in the cryptocurrency and web3 space when it launched on CoinList in 2020, reportedly selling 8 million SOL tokens at a clearing price of $0.22. Before that, CoinList claims that it had spent a year working closely with the Solana team on… Read More

October 29, 2024 @ 4:45 pm By Omar Faridi  |  

David Marcus, the CEO of Lightspark, has emphasized the importance of innovation in digital or online payment systems, especially when compared to the archaic infrastructure many financial institutions still rely on today. In his insightful conversation with Brian Mosoff from BlackRock, Marcus has notably underscored… Read More