Blockchain News

On August 31, the mainnet of Ethereum scaling solution Arbitrum One went public. The EVM-compatible platform with optimistic rollups techniques aims to reduce the fee cost of transactions and scale Dapps. WE KNOW YOU'VE BEEN WAITING...WE'RE PROUD TO ANNOUNCE...📘ARBITRUM ONE📘BRIEF...

Ethereum is dealing with a chain split as a percentage of validators failed to upgrade their software after the found bug in the earlier versions of Ethereum interface Go Ethereum (Geth). A few days ago, on August 24, the team running the commonly used Ether interface layer Geth announced a flaw in...

Alethea AI Attracted $16 M to Build Intelligent NFTs A startup from Singapore, decentralized protocol Alethea AI, which enables the creation of intelligent NFTs (iNFTs) announced raising $16 M via a private token sale. 1/ After our groundbreaking sale of the world’s first iNFT at @Sotheby’s for...

Colorado-based BTC mining company Riot Blockchain announced the results of the second quarter of 2021. The press release issued on August 23 indicates that the company's mining revenue reached $31.5 M which means a 1540% growth compared to last year's $1.9 M. 70% of the revenue, which is $19.3 M,...

Leading financial services company Visa revealed buying CryptoPunk #7610 paying around $150.000 in Ether. Along with the announcement, Visa released a blog post. Through the post, the head of Crypto at Visa, Cuy Sheffield, explained what NFTs are and why the company chose to buy one. Over the last...

This year’s blockchain poll carried out by major management consulting company Deloitte shows that 76% of the participants believe that digital assets will become a more common choice or replace fiat in the coming 5-10 years. As mentioned in the publication, the survey was processed from March 24...

Popular NFT platform OpenSea set records in the previous 30 days. On August 17, the market’s co-founder and CEO Devin Finzer informed the community that the platform's trading volume surged to $1 M this month. OpenSea just hit $1B in trading volume for the month of August so far.And it's...

Renowned crypto developer Jay Graber, who has been involved with projects such as Zcash and Skuchain, will spearhead an initiative to decentralize social media. For the first time, the leadership of the Twitter platform announced this back in 2019. Now, supposedly, there are all the resources to...

Since 2016, there has been a steady increase in investment in projects launched based on blockchain technologies. The KPMG study says that the increase in investment in this sector of the economy proves once again that investors have become aware of its huge potential. In the first half of 2021...

Jamaica’s CB minted the first amount of the country’s national currency in digital form. On August 9, the official site of the establishment published the news. The division working on the digital currency project carried out a small financial ceremony demonstrating the way of minting. Among...

For the first half of 2021, public mining company Argo Blockchain earned £ 31.1 million in revenue, 180% more than in the same period last year, the firm said in its statement of financial results. Argo’s earnings before depreciation, interest and direct taxes (EBITDA) increased 332% to £ 16...

Data provided by DappRadar.com shows that the decentralized gaming platform Axie Infinity, launched in 2018, surpassed $1 B from NFT sales. Thus, Axie became the first NFT game to break above this mark. Currently, there is $1,055,735 worth of tokens from the Pokémon-inspired NFT game traded via...

The US SEC vs Ripple case can come closer to its solution with Magistrate Judge Sarah Netburn's decision to grant Ripple CEO Brad Garlinghouse access to reports of leading crypto exchange Binance. Per the decision announced on August 3, Ripple’s becoming able to hold discovery across the US...

One of the teachers at St. Mary's University, professor of law Angela Walch appealed to the US Senate with a call to regulate legislation regarding the process of mining digital assets as soon as possible. Walch expressed confidence that to make informed decisions, the government should more...

On July 27, payments network Ripple standing behind the development of the cryptocurrency XRP revealed cooperation with Japan's leading money transfer operator SBI and its subsidiary SBI VC Trade to carry out currency exchanges from Japan to the Philippines. Ripple will set an On-Demand Liquidity...

On July 26, NY-based leading bank Goldman Sachs filed with the SEC to launch an ETF that would give exposure to investment data that closely reflect, before charges and expenses, the movements of the Solactive Decentralized Finance and Blockchain Index. In the part describing main investment...

Ontario-headquartered international e-commerce company Shopify now enables direct NFT sales between merchants and its clients. The president of the company Harvey Finkelstein tweeted about the news. He says that with this move, the buyer-customer relationship becomes simpler and doesn't require...

U.S. e-commerce focused IT giant Amazon is hiring a digital currency and blockchain product lead. As stated in the job announcement, the specialist will be a part of the payments proceedings team. The new teammate will own the vision and strategy for blockchain-based product strategy and its...