Blockchain News

In a recent AMA with the network of high school coding clubs and makers, Hack Club, Ethereum co-founder Vitalik Buterin answered the questions of participants. He told how he got interested in Bitcoin and joined the community. Vitalik said that putting together the team was the main challenge in...

Leading video game company Ubisoft partners with the blockchain network Hedera Hashgraph to support the development of gaming ecosystem expansion on Hedera's distributed ledger technology. By becoming a member of the Hedera Governing Council, Ubisoft will take part in governance, product direction...

Wormhole, a cross-chain protocol, reported that it was hacked. As a result of an exploit, around 120.000 wETH was lost. Wormhole said that the protocol will add Ethers over the following hours to make sure that wETH is backed 1:1. Later, the protocol went down for maintenance and for the team to...

Sundar Pichai, the Chief Executive Officer of Google’s parent company Alphabet, talked about blockchain and web 3 during Google's quarterly earnings call. Reportedly, it was the first time the executive publicly commented on the industry. Pichai said that he's always excited to explore...

Blockchain technology company standing behind the development of Cardano, IOHK announced that the team proposed a new parameter update to expand network capacity. The new proposal suggests Cardano’s increasing block size by 8KB, making it 80KB from the current 72KB. IOHK wrote in a Twitter thread...

Recently, the Chinese government, which continues to violently eradicate cryptocurrencies, announced that the Cyber ​​Security Administration has directed all its efforts to accelerate the process of introducing blockchain into various government systems. According to reports, the Chinese...

Solana digital asset wallet Phantom has attracted $109 M in a Series B funding round. Thus, the valuation of the company hit $1.2 bln. The round was led by investment firm Paradigm. Andreessen Horowitz, Variant Fund, DeFi Alliance, Solana Ventures, also took part in the round. In the published blog...

One of the divisions of Google Corporation - Google Cloud, which is a set of cloud services, announced the creation of a new team that will develop projects based on blockchain technologies. An official statement was posted on the Google website in which the technology corporation explains that the...

Leading NFT marketplace OpenSea announced compensating users that suffered from the recent bug exploit. Funds worth $1.8 M was returned to the users. It was detected on January 24 that a hacker found a front-end vulnerability. Exploiting the bug, the hacker withdrew around 332 Ethers, worth around...

New York-based international record label conglomerate Warner Music Group is intending to hold virtual concerts in the metaverse. The company disclosed that it collaborates with the Ethereum-based shared digital space The Sandbox to set a virtual musical world. WMG obtained an estate that will...

Bank of America’s analysts released a report, where they said that Central Bank Digital Currencies are an unavoidable advancement of the existing digital assets. As per a news article by Bloomberg, the experts said that the US digital dollar will be different from other digital assets. The main...

Twitter's subscription service Twitter Blue announced that now users can use NFTs as their profile pictures by connecting their crypto wallets. Tesla CEO Elon Musk reacted to the news, saying that the news is annoying. In his opinion, it would be better if the social media network spent its...

Meta, the parent company of Facebook, Instagram, and other entities, aims to provide users the possibility to create and trade NFTs. An article, published by Financial Times, informs that Facebook, and Instagram are working to enable users to put their NFTs on view through their profiles. Persons...

One of the top tech companies, Google revealed that the company has a new unit which will work on blockchain and other disruptive computing and data processing techs. As per a report by Bloomberg, Google assigned an engineering vice president of Advertising Infrastructure and Payments Systems at...

NFTs and metaverse-focused company Animoca Brands announced securing around $358 M in investments. In a blog post published on Jan. 18, the team said that the company’s valuation surpassed $5 B with the fund allocation. The investment round was led by Liberty City Ventures. Among the...

China’s Blockchain Services Network (BSN) intends to release infrastructure at the end of January to enable NFT deployment. This step is a major development towards forming a Chinese NFT ecosystem that requires no links to cryptos. Launched in April 2020 by the government, BSN is managed by the...

International financial services provider Bank of America's global crypto and digital asset strategist Alkesh Shah wrote in recent research that Solana has the potential to become the Visa of digital asset space. The note was published by BofA clients. The bank sent the paper after hosting Lily...

Serial entrepreneur, co-chief investment officer at crypto-focused hedge fund Pantera Capital, Joey Krug finds that although crypto protocols are growing, Ethereum will keep dominating the market with the biggest share. Moreover, during an interview with Bloomberg, Krug said that, possibly in 10 or...