Bitcoin hot on the heels of Google as market cap nears $2 trillion
Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
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Animoca still bullish on blockchain games, awaits license for metaverse fund
Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers, investment funds and venture capitalists…
Anonymous Crypto Payments Cause Problems for South Korean Child Porn Case
Experts warned that South Korean authorities may struggle to identify all people who used crypto payments. South Korean IT experts claim that investigators in the Telegram Nth room case could have trouble identifying users who used crypto payments to access illicit videos via the chat platform. Overseas exchanges’ transactions could be an issueAccording to local media,…
Tron Discloses Critical Vulnerability Which Could Have Crashed Its Blockchain
The Tron Foundation disclosed a fixed critical vulnerability which could have crashed its blockchain on vulnerability disclosure platform HackerOne on May 2.The disclosure explains that with enough malicious requests, an attacker could have filled up all the available memory and effectively perform a Distributed Denial of Service attack on the TRX network by employing malicious…
Algorand Expands Testnet Platform to Public Ahead of June Mainnet Release
Digital currency and transaction platform Algorand has released its public testnet to gather feedback on its product, the company confirmed in a press release on April 16.Algorand, the brainchild of Massachusetts Institute of Technology (MIT) professor Silvio Micali, seeks to build an app development platform for enterprises. The project previously obtained $66 million in funding,…
Bitcoin price bounces past $26K as Coinbase news fails to shake bulls
Bitcoin (BTC) recovered some of its lost ground after the June 6 Wall Street open despite new legal action from United States regulators.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewAnalyst sees Coinbase news marking BTC price lowData from Cointelegraph Markets Pro and TradingView tracked an ongoing rebound for BTC/USD, which reached $26,250 on Bitstamp.The pair had…
Stellar partners tap USDC for remittances between Europe and Africa
The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin.On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe. Flutterwave…
Blockchain Firm Digital Asset and ISDA Eye Smart Contract Use in Derivatives Trading
Distributed ledger technology (DLT) provider Digital Asset is collaborating with the International Swaps and Derivatives Association (ISDA) to develop a new tool that can support the use of smart contracts for derivatives trading. The news was revealed in an ISDA press release on April 9.The two parties’ collaboration focuses on creating interoperable technical solutions that…
GM Files Blockchain Patent to Manage Data from Autonomous Cars
American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) Nov. 29.GM’s application, first filed May 25, 2017, outlines a system for using blockchain to provide “secure” and “robust” data distribution…