Blockchain

Over the weekend, Ethereum layer-2 network Arbitrum (ARB) experienced a significant increase in daily transactions, reaching a new all-time high. According to data from IntoTheBlock, the network recorded a staggering 5.4 million transactions on Saturday, surpassing its previous record set in April, which stood at approximately 2.5 million transactions. The surge in transactions on Arbitrum

Cryptocurrency thieves have proven to be highly adaptable, constantly evolving their attack methods to exploit vulnerabilities in the industry. According to Raz Niv, co-founder and CTO at Blockaid, hackers are not necessarily always ahead of security measures but are rather adaptable to the constantly changing environment. He likens the relationship between security and cyber threats

The Securities and Exchange Commission (SEC) recently dealt a blow to cryptocurrency exchange Coinbase by rejecting its petition for the creation of specialized regulations for digital assets. In a two-page response, the SEC expressed its belief that existing securities laws are sufficient to govern crypto asset securities and tackle any wrongdoing within the industry. This

The latest Miner Weekly report by BlocksBridge Consulting suggests that a new wave of Bitcoin (BTC) infrastructure boom is on the horizon. This boom could potentially further strengthen the network and increase the hashrate dominance in North America. The report indicates that China’s 2021 Bitcoin mining ban has resulted in a “massive infrastructure buildout” in

South Korea’s central bank governor, Lee Chang-yong, is urging prompt action regarding central bank digital currencies (CBDC), citing its growing importance and the pressing necessity to address it immediately. While the Bank of Korea has yet to decide whether to issue a CBDC, it acknowledges the complexity of the process and the careful planning it

Turkey is preparing for new legislation in the crypto sector, creating uncertainties about the potential strictness of the impending laws. However, despite these uncertainties, major banking institutions in the country are actively securing their positions in the digital asset space. This surge in institutional adoption of crypto showcases the growing interest and potential of cryptocurrencies

The iris biometric cryptocurrency project, Worldcoin, has recently unveiled a significant update to their World ID feature. Referred to as “World ID 2.0,” this new version integrates with several prominent platforms, including Minecraft, Shopify, Mercado Libre, Reddit, and Telegram. By incorporating World ID into these platforms, users can conveniently authenticate themselves while safeguarding their personal

It has been widely reported that the world’s second-largest crypto protocol, Ethereum, consumes significantly less energy than traditional financial and corporate establishments, according to a recent study conducted by the University of Cambridge. The study compared Ethereum’s annual energy consumption to that of various legacy-based businesses, revealing the blockchain network’s remarkable energy efficiency. According to

Uniswap, the popular Ethereum-based decentralized exchange (DEX), has made a major move by launching its version 3 (v3) on the Rootstock blockchain protocol. This deployment, carried out by the GFX Labs team, the development hub of the renowned trading platform Oku, opens up exciting new opportunities for the decentralized finance (DeFi) ecosystem. By leveraging the

Digital asset exchange Binance recently made a major announcement, stating that it will be discontinuing its Russian Ruble (RUB) trading pairs on its peer-to-peer (P2P) platforms as of January 31, 2024. This decision comes as a result of Binance’s exit from the Russian market due to growing concerns over regulatory and compliance issues. In this