Blockchain News

Major tennis championship Australian Open collaborates with the open-source VR environment Decentraland to launch NFTs and join the metaverse. AO is launching a collection of 6776 NFTs. There will be 6776 court sections with one section assigned to one asset. Also, AO will hold a virtual event for...

Ethereum-based decentralized oracle network Chainlink announced that it will launch the Chainlink Cross-Chain Interoperability Protocol (CCIP) this year. Talking about the ecosystem’s future, the CEO Sergey Nazarov said that the CCIP is an app addressed to solving challenges of cross-chain...

The Solana protocol announced on Jan. 6 that there were some issues causing performance degradation. In the published tweet, the team mentioned that the reason for the slowdown was the high volume of activities, which is dropping the protocol’s capacity to carry out txns in a second. Because of...

The leading game retailer, GameStop is said to launch a division to release an NFT marketplace, and start collaborations with crypto companies. Washington Street Journal reported the news on January 6, mentioning that the source was persons aware of the company's plans. It was mentioned in the...

During a recent podcast of the program Bankless, Vitalik Buterin talked about the future of Ethereum, what the protocol will look like when the upgrades are complete, how much time is needed for it, and more. Buterin said that the previous year was great for the adoption of crypto, mentioning the...

Leading NFT marketplace OpenSea revealed raising $300 M in the Series C investment round. Currently, the company's market value stands at above $13.3 bln. Investment companies Paradigm and Coatue led the round. In the published blog post, OpenSea says there were also new and exciting investors...

A candidate for the presidency in South Korea, Lee Jae-myung aims to manage the fundraising for the electoral campaign via NFTs. As local media informs, the Democratic Party of Korea, a representative of which 57-years-old Lee is, will be the first party to release NFTs for elections. DPK will...

Popular NFT collection Bored Ape Yacht Club generated over $1 bln in overall sales. According to the blockchain data analytics platform DeFi Llama, the total sales volume of BAYC NFTs stands at around $1.12 bln. The daily volume of the collectibles is around $14 million. Currently, the number of...

Leading technology company Samsung plans to introduce new TV models that support NFTs in 2022. In a press release published on January 3, the company says that the 2022 Smart TV line comes with a Smart Hub, that integrates content according to viewing preferences. NFT platform is among other...

NFT swapping platform MetaSwap was rug pulled. The blockchain security and data analytics company Peckshield tweeted on December 27 that a rug pull happened, with 1.100 BNB, worth around $628.000 at current prices stolen. Peckshield urged users not to stake their holding in the platform and revoke...

Blockchain protocol Internet Computer added Ethereum integration via a cross-chain bridge. The upgrade was one of the 25 proposals that the community members voted for. It was submitted on December 20, and was adopted as the absolute majority voted yes to...

Polygon, a blockchain protocol, focused on increasing Ethereum’s scalability, revealed that leading Ethereum-based DEX UniSwap went live on it. On Nov. 20, the Polygon team presented a proposal to deploy UniSwap on Polygon. Due to the voting process, over 72 M UNI holders voted in its favor....

The next CTO of Meta, the parent company of Facebook, Andrew Bosworth, plans to build extended interoperability between the firm and blockchain protocols. As per a report by the NY Times, the source of which is an internal message from the executive, Meta is exploring possibilities to partner with...

Ethereum scaling network Polygon and Opera Browser built a collaboration, which suggests the browser's integration with Polygon, thus providing users in-browsers access to over 3000 dapps supported on Polygon. Among leading dapps operating on the Polygon protocol are lending and borrowing protocol...

The Ethereum development team has completed the Kintsugi public testnet, set to check for the latest blockchain algorithms as a part of switching from Proof-of-Work to Proof-of-Stake consensus. With the switch Ether mining will be based on deposits and become environmentally friendly. The...

Leading international bank JP Morgan is partnering with the largest industrial manufacturing firm in Europe Siemens. JP has created a structure for the manufacturer’s payments. A release by Financial Times, says the institutions presented a first-of-its-kind app. The system is being used for...

2021 turned out to be the most productive year for funds investing in the blockchain industry. The volume of investments in the crypto sphere has already reached almost $ 30 billion, which is about four times more than in 2018 after the first famous Bitcoin run. Blockchain Capital LLC CEO Spencer...

On Dec. 17, major sportswear company Adidas presented 30.000 "Into the Metaverse" NFTs. The assets that will allow purchasers to be a member of a fan club, and acquire special merch drops were minted and sold out in hours. The cost of one NFT was 0.2 Eth, which is around $754 at current...