Blockchain

Bitfinex Securities Launches Tokenized Debt to Build Hotel in El Salvador
Blockchain

Bitfinex Securities Launches Tokenized Debt to Build Hotel in El Salvador

Bitfinex Securities revealed today its intentions to initiate a tokenized debt offering to raise $6.25 million. This capital will be used to develop a Hampton by Hilton hotel complex at El Salvador’s international airport. The company, Bitfinex Securities El Salvador S.A. de C.V., is a major player in tokenized securities. Businesses leverage the blockchain to […]

Apr. 12, 2024
Ethereum L2s to Reach $1T Market Cap by 2030: VanEck Analysts
Blockchain

Ethereum L2s to Reach $1T Market Cap by 2030: VanEck Analysts

In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2 technologies on Ethereum’s performance and scalability. The company’s senior digital assets investment analyst Patrick Bush and digital assets […]

Apr. 5, 2024
Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report
Ethereum

Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report

Ethereum restaking could form the ‘bedrock’ for a wide range of new decentralized applications on the blockchain. However, it could also introduce several new hidden risks, says Coinbase. In a research report released on April 2, analysts David Han and David Duong from Coinbase outlined various risks associated with restaking and issuing liquid restaking tokens […]

Apr. 3, 2024
Tron’s Legal Tussle: Defending Foreign Grounds Against SEC
Blockchain

Tron’s Legal Tussle: Defending Foreign Grounds Against SEC

The Tron Foundation, the entity behind the layer-1 blockchain Tron, has filed a motion in a New York federal court to dismiss a lawsuit brought against it by the United States Securities and Exchange Commission (SEC). The Foundation argues that the SEC’s case targets “predominantly foreign conduct” beyond the regulator’s jurisdiction. In its March 28 […]

Apr. 1, 2024
Ethereum Network Hits 1M Validators with $114B Staked
Blockchain

Ethereum Network Hits 1M Validators with $114B Staked

Data from a Dune Analytics dashboard created by Hildobby, which tracks Ethereum staking progress, shows that the total number of validators on the Ethereum blockchain reached the one million mark on March 28. These validators have staked over 32 million of Ether, valued at approximately $114 billion based on current market prices. This amount constitutes […]

Mar. 28, 2024
Coinbase Takes Action to Protect Ethereum Network
Ethereum

Coinbase Takes Action to Protect Ethereum Network

In a strategic business decision, Coinbase’s crypto exchange is now running half of its Ethereum validators on the new software. This is intended to prevent the Ethereum blockchain from being jeopardized by fatal flaws. It also symbolizes a large step forward in the journey to provide more options for execution clients on the Ethereum platform. […]

Mar. 28, 2024
Binance Labs Invests in StakeStone to Boost Omnichain Liquidity Network
BNB

Binance Labs Invests in StakeStone to Boost Omnichain Liquidity Network

In a significant move that underscores its commitment to fostering innovation in the blockchain space, Binance Labs, the venture capital and incubation arm of the global cryptocurrency exchange Binance, has announced its investment in StakeStone. The strategic partnership marks a pivotal moment for developing omnichain liquidity networks, promising to enhance liquidity distribution across emerging blockchain […]

Mar. 27, 2024
Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Problems
Blockchain

Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Problems

Ethereum layer-2 scaling solution Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. In a post on X, Polygon assured its two million followers that the problem is confined to zkEVM alone. “This only impacts Polygon zkEVM (the only rollup) and does […]

Mar. 26, 2024
Solana Blockchain Sizzles with Investor Buzz in 2024
Solana

Solana Blockchain Sizzles with Investor Buzz in 2024

The Solana ecosystem has reached a major achievement by becoming this year’s top blockchain community, according to a new research report from crypto data firm CoinGecko. The report “What Are the Most Popular Blockchain Ecosystems?” uncovered a staggering 49.3% interest in specific blockchain narratives centered around the Solana ecosystem in a year to date. Top […]

Mar. 24, 2024