Blockchain
Bitcoin Network Reaches One Billion Transactions, 15 Years After Its Launch
Bitcoin network has officially surpassed one billion processed transactions. According to data published on Clark Moody Bitcoin, one billionth transaction was processed in block 842,241 at 9:34 pm UTC on May 5. This achievement comes exactly 15 years, four months, and four days after the pseudonymous founder, Satoshi Nakamoto, mined Bitcoin’s first block on Jan. […]
Pantera Capital Invests in Telegram’s TON for Web3 Adoption
Pantera Capital, a leading blockchain investment firm, has announced its investment in TON (Telegram Open Network), a Layer 1 network originally conceived by Telegram and further developed by the open-source community. This investment underscores Pantera’s confidence in TON’s potential to revolutionize cryptocurrency adoption on a massive scale. In its official announcement, Pantera Capital emphasized TON’s […]
BlackRock Leads $47M Strategic Funding Round for Securitize
Securitize, a leading digital securities platform, has secured $47 million in strategic funding led by investment giant BlackRock. Other investors in the funding round include blockchain developers Aptos Labs Paxos and stablecoin issuer Circle. Securitize said in a statement that the proceeds from the funding round will be used for product development, global expansion, and […]
Pantera Capital to Raise $1 Billion for New Crypto Fund V
Pantera Capital, one of the largest managers of digital assets, is reportedly looking to raise over $1 billion for a new fund that would offer investors exposure to a wide range of blockchain-based assets. The fund, called Pantera Fund V, is slated to launch in April 2025 and would serve as the company’s ‘all-in-one’ fund, […]
PayPal Proposes Incentive Program for Bitcoin Miners Using Low-Carbon Energy Sources
International payments giant PayPal plans to reward Bitcoin (BTC) mining companies that make their operations more eco-friendly. According to an April 22 blog post, in collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group has proposed using “cryptoeconomic incentives” to encourage BTC miners to use low-carbon energy sources. PayPal believes these experimental […]
Telegram Wallet Removes USDT Withdrawal Fees on TON Network
Telegram Wallet announced that it is removing the fee for USDt withdrawals to external wallets on the TON network. Additionally, the TON Foundation has allocated 11 million Toncoins to incentivize the adoption of USDT. On April 19th, Telegram Wallet introduced the withdrawal of USDT on the TON network from all supported exchanges such as OKX, […]
DeFi platform Hedgey Finance Suffers $44.7 Million Exploit
Hedgey Finance, a decentralized finance (DeFi) platform known for supporting decentralized autonomous organizations (DAOs) with token distribution services, recently found itself under siege in a cyber attack that resulted in a substantial loss of $44.7 million across two blockchain platforms, Arbitrum and Ethereum. This attack has raised concerns about the security vulnerabilities within the decentralized finance (DeFi) […]
North Korean Hackers Stole $100 Million in Crypto Heist
The FBI has confirmed that North Korean hackers were behind the $100 million cryptocurrency theft from Harmony’s Horizon Bridge last June. The cybercriminal group known as Lazarus Group, backed by the North Korean regime, carried out the audacious digital heist. The announcement verifies earlier findings by blockchain analysis firm Elliptic, the first to link the […]
Solana Developers Roll Out Software Update to Tackle Network Congestion
Solana developers have released a new software update, version 1.17.31, which is now recommended for general use by mainnet validators. This update aims to tackle the congestion issues caused by the surge in meme coin trading activity on the network. The v1.17.31 release is now recommended for general use by MainnetBeta validators. This release contains […]