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Blockchain News
Blockchain is a decentralized digital ledger system that records transactions across multiple computers. This technology ensures transparency and decentralization of data, making it resistant to modification. Blockchain forms the backbone of cryptocurrencies and is increasingly being adopted across various sectors due to its potential to eliminate intermediaries and enhance process efficiency.
This blockchain news section covers a broad spectrum of the blockchain world. We bring you the latest blockchain news across different applications of this technology, including its use in finance, education, fashion, and more. You’ll discover how companies, such as Mastercard, are betting big on blockchain, or how different nations are expanding their blockchain strategies.
Keep an eye on blockchain technology news from global banking and financial institutions, or learn about the fascinating innovations in blockchain-secured social media. You can find all the blockchain news today here. Stay tuned to this space for a comprehensive understanding of the ever-evolving blockchain landscape.
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Chromia to launch its MVP mainnet on July 16
Latest Blockchain News
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Phishing scammers made over $300 million across EVM chains by targeting around 260,000 victims, data compiled by Scam Sniffer shows. The first half of 2024 was yet another profitable period for phishing scammers as they stole $314 million worth of…
News
The National Information Technology Development Agency (NITDA) in Nigeria is looking to deploy research centers geared towards emerging technologies like Blockchain. The initiative was announced by the NITDA’s Director-General, Kashifu Inuw, at the IoT West Africa Conference in Lagos. According…
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The cross-chain messaging platform LayerZero has integrated Flare, connecting the Layer 1 blockchain for data to 75 blockchain networks.
FLR
Flare
News
The United Nations Development Programme (UNDP) has partnered with Swiss-based blockchain technology powerhouse the DFINITY Foundation to enhance financial inclusion for MSMEs. UNDP announced the partnership in a press release on July 3, noting that the DFINITY Foundation will leverage…
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German mobile communications giant Deutsche Telekom MMS has teamed up with Subsquid to contribute to the data lake by running nodes. Deutsche Telekom, one of the largest telecommunications providers in Europe, has become a node partner with the decentralized protocol…
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Blockchain startup Bittensor has temporarily halted its network due to a private key leak, causing the network’s token to drop by 16%. Bittensor, a decentralized machine learning protocol, has apparently fallen victim to a hacker attack, targeting multiple wallets in…
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OpenLedger, the sovereign data blockchain for AI, has raised $8 million in a seed round. The funds will help OpenLedger grow its team and expand operations ahead of its blockchain network’s official testnet launch expected at the beginning of the…
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Chromia, a standalone Layer-1 blockchain, will launch its Minimum Viable Product (MVP) Mainnet on July 16. The announcement follows Chromia’s launch of its incentivized testnet, offering a 250,000 CHR token reward pool. By going live, the MVP Mainnet will mark…
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This app will be the first multi-chain, multi-layer, non-custodial wallet to offer in-app lending, borrowing, swapping, and staking while mitigating bridging risks. Nycrypto Labs, a hub for blockchain development aiming to streamline the shift from Web2 to Web3, just disclosed…
Opinion
Blockchain modularity is rapidly gaining momentum as an alternative to the monolithic framework with a more collaborative approach to decentralized tech.
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Chainlink saw a considerable spike in developer activity in June as the decentralized oracle network climbed into second spot behind Hedera, according to data by market intelligence platform Santiment. According to Santiment analysis, Hedera remained crypto’s top coins in terms…
LINK
Chainlink
Opinion
As the web3 ecosystem grows, the focus must shift from the technical merits of different blockchains to the user experience and engagement strategies.
Opinion
Once MiCA is in place, the EU will have one of the most comprehensive frameworks for crypto-asset issuers and service providers globally.
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Nigeria's Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede, advocates for the adoption of blockchain technology and artificial intelligence (AI) to combat illegal fund flows,
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Tezos, the self-upgradable proof-of-stake (PoS) blockchain, has today unveiled “Tezos X”, a new upgrade that’s part of the project’s roadmap to achieving greater usability and utility. According to details in a blog post, developers envision Tezos X as an upgrade…
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Tezos
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Cybersecurity experts warn that if yield-generating pools or protocols on Lido or MakerDAO are compromised, Blast users’ associated tokens in those pools “will be compromised as well.” Cybersecurity experts at web3 firm Resonance Security are raising concerns related to the…
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Bitcoin price plunges below $55k as Mt. Gox announces repayments
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German MP urges government to halt BTC sales in lieu of need for ‘strategic reserve’
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NFT market had its best quarter since early 2023, DappRadar says
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Crypto scammers stole nearly $60m from 20 victims in H1 2024, data shows
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