Blockchain News

November 12, 2024

Bitbank Ventures: Japan’s Crypto Giant Expands Horizons


Bitbank Ventures, a worldwide investment arm of the Japanese cryptocurrency exchange Bitbank, is dedicated to locally and internationally promoting blockchain and cryptocurrency initiatives. By using its vast expertise in the cryptocurrency industry, Bitbank hopes to advance cutting-edge technology and assist creative ventures that combine digital assets, blockchain, and artificial intelligence (AI). This action demonstrates Bitbank’s […]

Blockchain News

Ripple’s Leadership in Digital Finance: CEO Brad Garlinghouse Acknowledged in WEF Report


With the recent World Economic Forum (WEF) report recognising its CEO, Brad Garlinghouse, Ripple, a pioneer in blockchain technology and digital money, has reached a new milestone. With this recognition, Garlinghouse joins a select group of world leaders influencing the direction of digital assets and legal systems. His appointment to the Steering Committee demonstrates both […]

Blockchain News

November 11, 2024

ENS Pioneers Next Chapter with ‘Namechain’


One of Ethereum’s most essential identification layers, the Ethereum Name Service (ENS), is growing its influence by creating its own Layer-2 blockchain, dubbed “Namechain.” Namechain is scheduled to launch at the end of 2025 and will employ zero-knowledge (ZK) rollup technology to boost the ENS ecosystem’s scalability and cost-effectiveness. The initiative’s team, ENS Labs, wants […]

Blockchain News

November 6, 2024

Green Bitcoin: Deutsche Telekom and Bankhaus Metzler Pilot Renewable Mining


Bankhaus Metzler and MMS, a subsidiary of Deutsche Telekom, are testing a Bitcoin mining operation that uses excess renewable energy. The goal of this pilot project is to use the extra electricity produced by renewable energy sources, such as wind and solar, which are frequently left unused because of grid constraints and a lack of […]

Blockchain News

October 30, 2024

Metaplanet’s Strategic Bitcoin Accumulation


Metaplanet has added another $10 million to its Bitcoin portfolio in a calculated move that further reinforces its position as a critical participant in the cryptocurrency industry. With this most recent acquisition, Metaplanet has over 1,000 Bitcoin under control, a significant turning point in the company’s investing history. It demonstrates its dedication to incorporating Bitcoin […]

Blockchain News

October 24, 2024

Scroll’s SCR Token Launch Underwhelms Community Expectations


The introduction of Scroll’s native coin, SCR aims to issue 55 million tokens or 5.5% of its entire supply, anticipated to mark a milestone for Scroll. Despite the early enthusiasm and high hopes, the community’s response could have been more positive, as many expressed discontent with the allocation procedure, which they felt did not live […]

Blockchain News

October 21, 2024

Ethereum Classic’s Potential Rally Before October’s Close


The cryptocurrency market is paying close attention to Ethereum Classic (ETC) because of its growing positive momentum. A spike in social activity and increasing interest from prominent investors, or “whales,” might upend the current situation despite a robust negative trend with more than half of the market in short positions. The scenario is set for […]

Blockchain News

October 16, 2024

BlackRock’s Bold Bet: Positioning Bitcoin Alongside Gold


In BlackRock’s shift in the financial industry, BlackRock CEO Larry Fink has stated that the investment behemoth now views Bitcoin as a legitimate asset class comparable to gold. This vital disclosure, made during an earnings call, demonstrated BlackRock’s increased attention to bitcoin investments and marked a revolutionary turn towards institutional adopBlackRock’sital currencies. As a significant […]

Blockchain News

October 10, 2024

Hong Kong Boosts Crypto Compliance with New Exchange Licences


By the end of the year, Hong Kong hopes to further establish itself as a leading global financial technology hub by granting more licenses to cryptocurrency exchanges. This project, led by the Securities and Futures Commission (SFC), intends to improve the security and compliance of digital assets by strengthening the regulatory framework that oversees them. […]

Blockchain News

October 8, 2024

ANZ’s Leap into Project Guardian: Pioneering Tokenisation in Australia


Australia and New Zealand Banking Group (ANZ) reached an important milestone by being the first Australian bank to participate in Singapore’s Project Guardian. This partnership is conducted under Singapore’s progressive regulatory environment, managed by the Monetary Authority of Singapore (MAS). With its engagement, ANZ hopes to establish a precedent in the banking industry in both […]

Blockchain News

October 1, 2024

Jesse Pollak Shifts to Coinbase Exec Team, Leads Coinbase Wallet


Jesse Pollak, the creator of Base, a layer 2 blockchain, is now Vice President of Engineering at Coinbase, where he plays a crucial role. Pollak will now handle the Coinbase Wallet team in addition to Base. This calculated action aligns with his goal of reaching a billion users and a million developers in the blockchain […]

Blockchain News

September 25, 2024

Navigating Tensions: Reevaluating the SEC’s Crypto Custody Rule, SAB 121


Over forty Republican legislators rekindled the discussion over SAB 121, the US Securities and Exchange Commission’s (SEC) crypto custody regulation, on a crucial Monday, September 23. Amid a more extensive discussion on cryptocurrency regulation in the US, this group, led by Senator Cynthia Lummis and House Financial Services Committee Chair Patrick McHenry, is contesting a […]

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