Blockchain News
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SoftBank Invests $150 M in the Metaverse Project Zepeto
Tokyo-based multi-industry company SoftBank Group invested $150 million in the fashion metaverse ecosystem Zepeto. The latter was created by a South Korean development company Naver Corporation. Zepeto is a partner of blockchain-based play-to-earn protocol, The Sandbox. As reported Wall Street...
Vitalik Buterin Proposes a Solution for High Gas Fees
The Ethereum blockchain protocol faces issues of scalability and high costs. Vitalik Buterin, the co-founder of the ecosystem proposed a new way to face the challenges. Recently, he introduced the Ethereum Improvement Proposal (EIP) 4488, which suggests decreasing transaction calldata gas price and...
Adidas Originals Partners With Coinbase and The Sandbox
Germany-based leading sportswear manufacturer Adidas announced a partnership with Coinbase. A few days ago, on November 22, the company tweeted about the collaboration with the blockchain-powered virtual world the Sandbox, writing about creating an "adiVerse" and what users and the...
The Word of 2021 Is “NFT”, per the Collins Dictionary
The Collins English Dictionary presented its ten selected words for the year. The release starts with the definition of NFT, saying that it is the Word 2021. It's one of the three tech-related terms on the list, with the other two being crypto and metaverse. In the release, published by Collins,...
Azuro CEO Paruyr Shahbazyan Talked About the Project
In a recent AMA (Ask Me Anything), the CEO of decentralized betting protocol Azuro, Paruyr Shahbazyan and the CMO Rossen Yordanov answered questions of users about blockchain and the gaming sector. To the question of what was the reason for creating the platform, Shahbazyan said that as a...
Cardano Block Size to Become 12.5% Larger
In September, Cardano launched the Plutus smart contract platform, making smart contracts available on its network. The blockchain protocol presents new improvements. Input Output (IOHK), the company, standing behind the development of Cardano, revealed that the scaling process of the protocol has...
Three Arrows Capital CEO Su Zhu Criticized Ethereum
Crypto trader, researcher and investor, the CEO and CIO of the hedge fund manager Three Arrows Capital, Su Zhu announced leaving Ethereum, although he supported the protocol previously. In a tweet, Zhu said Ethereum left its users and no longer supports them as none of the new users can afford the...
Binance Smart Chain Set a New record of Daily Transactions
This month, Binance Smart Chain has updated previous highs of two chain metrics. First, the number of active users surpassed 2 M for the first time on November 4. Then, on November 16, transactions across BSC hit a new record of 14,758,407. Overall, this is the highest number of activities that any...
Miramax Sued Tarantino For Planning Pulp Fiction NFTs
Film and television studio Miramax brought a lawsuit against Quentin Tarantino over his intentions to sell Pulp Fiction-based NFTs. The filing was submitted to the federal court of LA. Per the document, Miramax sent a warning letter to Tarantino, to which the director's lawyer answered he had...
Deloitte and Avalanche Build Disaster Recovery Platform
Leading international financial services provider Deloitte built a partnership with Ava Labs to use the Avalanche blockchain for its new disaster recovery platform "Close As You Go" (CAYG). The project will help the government to manage federal emergency funding more effectively. ...
Bitcoin's Taproot Upgrade Went Live
The much-awaited upgrade of the Bitcoin network, Taproot went live on Nov. 14. It's meant to improve the protocol's privacy and security. Taproot is the first major update of the BTC code till 2017, when the Segregated Witness (SegWit) was introduced, separating transaction signatures and boosting...
Universal Music Group Is Creating a Group of Virtual Apes
Leading corporation Universal Music Group N.V. has formed a new group named Kingship. Performers of the band are 4 Bored Ape Yacht Club (BAYC) NFTs. NEWSFLASH: UMG’s next-gen label 10:22PM forms 𝐊𝐈𝐍𝐆𝐒𝐇𝐈𝐏, the First-Ever Group Consisting of NFT Characters from Bored Ape...
Chainlink's Total Value Secured Broke Above $75 Bln
Blockchain oracle network Chainlink revealed that the value of smart contracts getting data via its solutions surged past $75 bln. Various leading chains and L2 networks use its price feeds. Released in 2019, on Ethereum, Chainlink solves the problem of smart contracts to fetch data. As stated by...
Quentin Tarantino to Release Pulp Fiction NFTs
Legendary script writer and director Quentin Tarantino will present 7 unreleased scenes from the iconic movie "Pulp Fiction" in the form of NFTs. As Secret informs, the digital assets will include written scripts and comments from the author. Also, there will be details about the movie...
Vitalik Buterin Talked About Layer 2 and Ethereum Scaling
Ethereum’s creator, Vitalik Buterin sees Layer 2 solutions as the answer to the network’s scaling. He shared his views during his speech at the 2021 Shanghai International Blockchain Week. Buterin sees Layer 2 as the only reliable way to boost transactions that will not affect the decentralized...
France Central Bank Carried Out a Large-Scale CBDC Test
One of the EU's largest CBDC tests took place today by France. The Central Bank of France carried out around 500 transactions using a blockchain technology system developed by New York-based tech corporation International Business Machines (IBM). The experiment was led by a Belgian financial...
Binance Smart Chain Sets New Records
Binance Smart Chain (BSC), a network allowing developers to build dapps (decentralized applications) and users to manage cross-chain activities, has reached new highs in terms of active addresses. The Binance team announced that on October 14, the number of daily active addresses was over 1.5...
Coinbase Suggests Creating a New Crypto Regulator
Leading crypto trading company Coinbase released Digital Asset Policy Proposal on October 14, suggesting set clear regulations for crypto and Web 3.0 in the USA. The exchange issued an explainer on GitHub describing its vision. Coinbase finds the right way to regulate the industry is through a...
Blockchain is an extremely popular technology nowadays. Back in 1991, Nick Szabo has described the tech but did not find a way to bring it to life. Two decades later, in 2009, mysterious Satoshi Nakamoto realized Szabo's idea, and blockchain had become the basis of the famous Bitcoin.
And what do we have today? A system that gathers all the cryptocurrencies, that is changing the banking system and brings modifications to our everyday life. P2P transactions, distributed ledgers, and many other technical features are becoming a part of financial systems. Democratic governments are implementing blockchain in more and more fields of public administration, and this is just the tip of the iceberg. And that is the reason to become aware of these innovations.
Our platform will provide you with the latest blockchain news, will notify you about upcoming events, and give you some practical information, which will surely be useful.
It doesn’t matter you are a technical person or not if you are here on Blockchain Today, keep reading our news, be aware of the latest updates in the industry, discuss the articles with the community members, and don’t forget to find us on social media!
