Blockchain News

American venture capital firm Andreessen Horowitz is starting a new research hub to study Web3 and crypto. The company released a blog post that says in the last decade crypto and web3 has become as a frontier technology and an independent sector. It unites elements of computer science, economics,...

The Federal Bureau of Investigation published a statement on the investigation results associated with the $600 M hack of the Ronin Network. Ronin is an Ethereum sidechain built for the play-to-earn game, Axie Infinity. According to the statement, the FBI was able to confirm that the hackers behind...

One of Ethereum’s core developers, Tim Beiko revealed that the much-expected upgrade will probably take place several months later after June. He tweeted about this after the team carried out a major test on April 11. In particular, devs had released a shadow fork to test the software. Beiko...

The so-called "whistleblower" Facebook Francis Haugen gave an interview to the popular publication Politico. In a conversation with reporters, a former employee of the social network expressed concern about Meta's inclusion in the metaverse. Haugen became famous all over the world when,...

Digital currencies and blockchain-focused investment fund Pantera Capital is supposed to complete the Blockchain Fund within about a month after securing $1.3 bln. In the latest conference call, the firm said that the raised capital is roughly two times higher than the original goal of $600 M....

Global investment manager Investcorp, specialized in alternative investments, has started raising money for a new fund to invest in blockchain technology development startups. The Fund will be led by the company's Abu Dhabi office. It will invest in early-stage firms building various products...

Face recognition developer Clearview AI has released the Clearview 2.0 update, which contains improved biometric identification tools. This is stated in a press release from the company. According to Clearview AI director Joan Ton-Thet, the innovations include image enhancement tools that allow...

Hackers managed to steal around $625 M by exploiting the popular web3 video game Axie Infinity’s Ronin sidechain. A press release published by Ronin Network says the platform suspended activities on the bridge and the decentralized exchange platform Katana. It also reveals that starting on March...

The company standing behind the development of the Bored Ape Yacht Club, Yuga Labs, attracted $450 M in a recent Series Seeds funding stage. Completing the round, its valuation has reached $4 bln. VC firm Andreessen Horowitz (a16z) led the round. Among investors were game software company Animoca...

The Bank for International Settlements together with several central banks have built prototypes for bank-issued digital currencies platform. The network will serve for making transactions across borders, boosting their efficiency. BIS and financial authorities of Australia, Malaysia, Singapore,...

The Bank of Ghana (BoG) released a report that said electronic and mobile payment solutions will be used along with the national digital currency, eCedi. The Bank finds the eCedi must complement and enhance current payment methods. It will solve the pain points in the current system such as delayed...

One of the world’s leading banks, HSBC aims to be a part of the metaverse by collaborating with the blockchain-powered virtual world, The Sandbox. HSBC will obtain a LAND, an NFT representing real estate in the digital world. It becomes the first global financial company to collaborate with The...

Meta (formerly Facebook) CEO Mark Zuckerberg announced during the annual event South by Southwest (SXSW) that the Instagram team is working on bringing NFTs to the network in the near term. The executive didn't say when exactly it will happen, but mentioned: "hopefully in the coming...

The Ethereum protocol support team published a blog post, announcing that Klin testnet is in the process of launching. Kiln is supposed to be the last merge testnet of Ethereum to switch to the Proof of Stake consensus model. The blog post explains that similar to the Ethereum mainnet, the...

Yuga Labs, the creator of the well-known NFT collection Bored Ape Yacht Club, revealed acquiring CryptoPunks and Meebits from Larva Labs. The company published a blog post, saying that it gave full commercial rights to the community. With the purchase, Yuga Labs now owns the brands, copyright in...

Ethereum Layer 2 scaling solution Polygon experienced an 11-hours long outage, started on March 10. Developers informed about the possibility of the outage beforehand, saying that there were some issues related to the network's validator layer Tendermint's implementation caused after a recent...

Spain-based international financial services provider, Santander revealed a collaboration with the tokenization platform for grain-backed assets, Agrotoken. The press release published by the company reveals that due to the partnership, the companies will provide loans with tokens based on soy,...

Immutable X, Ethereum's leading NFT scaling protocol, announced closing Series C round, raising $200 M. Thus, the company's valuation hit $2.5 bln. 1/ Major news: we’re thrilled to announce @Immutable has raised $200M in Series C funding @ $2.5B val.🎉We’re supercharging our mission to make...