Web3

Telefonica Partners with Chainlink for Enhanced Security
Blockchain

Telefonica Partners with Chainlink for Enhanced Security

Telefonica, a Spain-based telecommunications company, has secured a strategic partnership with the decentralized oracle network Chainlink (LINK). According to an official announcement on Feb. 15, the collaboration aims to integrate real-world telecommunications capabilities into blockchain networks to improve Web3 applications and smart contracts security. A primary goal is to address fraudulent activities, particularly SIM Swap […]

Feb. 15, 2024
Ethereum Empowered: Starknet Token Distribution & Developer Support

Ethereum Empowered: Starknet Token Distribution & Developer Support

Ethereum layer-2 scaling protocol Starknet will begin distributing its native network token on Feb. 20. Ethereum stakers are among the recipients of STRK tokens. This will give approximately 1.3 million wallets eligibility to claim STRK tokens. It is open to solo and liquid Ethereum stakes, Starknet developers and users, and projects and developers outside the […]

Feb. 14, 2024
MetaMask & Robinhood Collaborate: Simplifying Crypto Accessibility
Crypto

MetaMask & Robinhood Collaborate: Simplifying Crypto Accessibility

MetaMask has collaborated with Robinhood to enable direct crypto purchases for users. Consensys, the developers behind MetaMask, are joined by Robinhood Markets, Inc., who have now enabled users to integrate Robinhood Connect with their MetaMask wallet. This partnership makes it possible to initiate cryptocurrency purchasing from the MetaMask wallet user interface for MetaMask users in the U.S. The partnership […]

Feb. 8, 2024
China’s Crypto Clampdown Shows no Signs of Letting Up in 2024
Crypto

China’s Crypto Clampdown Shows no Signs of Letting Up in 2024

China initiated a clampdown on cryptocurrencies as early as late 2017, threatening their financial stability and sovereignty. Rumors suggest a potential policy change, but there’s scant indication that China will relax crypto restrictions soon. Chinese authorities have long been suspicious of decentralized digital currencies such as Bitcoin operating outside state control that they say pose […]

Jan. 15, 2024
Dr. Xiao Feng Reveals Blockchain’s Top 10 Trends in 2024
Blockchain

Dr. Xiao Feng Reveals Blockchain’s Top 10 Trends in 2024

Dr. Xiao Feng, Chairman of HashKey Group, issued a 2024 New Year’s message, starting from the first principles of blockchain and discussing the top ten industry trends in 2024. Embracing the first principles of that blockchain, he emphasized their history of ledgers began with the Sumerians writing on clay tablets millennia past through to the […]

Dec. 30, 2023
Japan Abolishes Corporate Tax On Unrealized Crypto Profits
Regulation

Japan Abolishes Corporate Tax On Unrealized Crypto Profits

The Japanese government has approved a tax reform that will provide favorable conditions for companies holding cryptocurrencies. An amendment to fiscal 2024 taxation laws will exempt companies from paying tax on “unrealized gains” on third-party digital tokens like Bitcoin (BTC). According to local reports, Japan’s government disclosed the new tax reform on December 22 following […]

Dec. 26, 2023
Lisk Shifts to Ethereum Ecosystem, Embracing Layer-2 Framework
Ethereum

Lisk Shifts to Ethereum Ecosystem, Embracing Layer-2 Framework

Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), noted its decision to join the Ethereum ecosystem as its layer 2 (L2) platform. In an official blog post, he said it is building the upcoming ecosystem on Gelato’s Rollup and powering it via Optimism OP Stack. Lisk’s Leap to L2: Pioneering Web3 […]

Dec. 21, 2023
Solana Disputes CertiK’s Flawed Report on Saga Phone Security
Blockchain

Solana Disputes CertiK’s Flawed Report on Saga Phone Security

CertiK made­ a serious statement about a “bootloade­r vulnerability” in Solana’s Saga smartphone. Howeve­r, Solana Labs completely reje­cts these assertions. According to Solana Labs, the­re has been vide­o content release­d by the blockchain security company CertiK. It share­s several “untrue” state­ments about a supposed security risk pre­sent in the crypto-ready Saga phone­ by Solana. On […]

Nov. 16, 2023
Neon Machine Secures $20M In Funding For Blockchain-based Game ‘Shrapnel’
Blockchain

Neon Machine Secures $20M In Funding For Blockchain-based Game ‘Shrapnel’

Neon Machine, the Seattle-based Web3 gaming developer, raised $20 million in Series A funding to accelerate the launch of its blockchain-integrated shooter game, “Shrapnel.” Polychain Capital leads this round and includes funding from Griffin Gaming Partners, IOSG Ventures, Franklin Templeton, Brevan Howard Digital, and Tess Ventures. Neon Machine is promoting Shrapnel as a AAA game […]

Oct. 27, 2023