Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase...
Blockchain News
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by...
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation...
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100...
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core...
Africa’s Blockchain Funding Drops to 1.3% in 2023, Deal Share Rises – Report
In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from...
Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at...
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new...
Dubai Border Protection Agency Launches Blockchain Platform to Boost Efficiency
Dubai’s border protection agency announced the launch of a secure and efficient blockchain network, which is expected to improve efficiency...
UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials...
Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable...
Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA),...
Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal
Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership,...
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by...
Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge...
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at...
Unstoppable Domains and Blockchain.com Partner for DNS-Enabled Web3 Domain
Unstoppable Domains and Blockchain.com have announced a collaboration to create a DNS-enabled Web3 domain. The initiative aims to integrate Web3...
Transak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution
Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3)...
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to...
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network due...
