Blockchain

A crucial improvement has been made to the Ethereum system. The­ =nil; Foundation, a zero-knowledge te­chnology specialist, has launched a new variant type­-1 zero-knowledge Ethe­reum Virtual Machine (zkEVM) compiler. This targe­ts and tackles security issues found in diffe­rent ZK-driven Ethere­um scaling solutions. Future-Proofing Ethereum with =nil; Foundation’s Innovation In an exclusive interview, the CEO and […]

The Cryptographic Research Center of Technology Innovation Institute (TII), an Abu Dhabi-based research institution affiliated with the country’s government, developed and brought forward a blockchain technology-driven innovative carbon tracking and trading platform in Dubai on December 7, 2023. Citing an increased determined goal to combat climate change, the announcement was made at the United Nations […]

The US Congress Committee on Energy and Commerce has endorsed blockchain bill Deploying American Blockchains Act of 2023. Should it be enacted into law, the bill assigns Gina Raimondo, the commerce secretary, responsible for improving U.S. competitiveness in blockchain technology applications. On December 5, the committee unanimously voted 46-0 in favor of the proposal with […]

London-based crypto trading and custody firm Copper plans to start offering tokenized securities in the United Arab Emirates early next year, the company announced on Nov. 29. Led by ex-British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand. Copper Securities, the company’s new arm, is set to launch the service first […]

A vacuum is created, and decentralized finance (DeFi) could fill it. Pascal Ntsama IV, Canza Finance CEO, sees potential in cryptocurrencies and blockchain networks. Furthermore, it is difficult for most to access United States dollar liquidity and currency swaps in the forex market. A limiting factor for African sovereigns restricts their import-dependent economies and services […]

Dear Reader, CF Benchmarks launched the CF Ethereum Staking Reward Rate (ETH_SRR) in response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate. The inaugural CF Staking Series benchmark aims to precisely measure the economic incentive structures linked to Ethereum’s Proof of Stake (PoS) blockchain. Furthermore, Ethereum staking rewards […]

In 2024, HSBC will launch a digital asset custody service catering to institutional clients. Teaming up with Ripple-owned Metaco addresses the rising demand for secure custody of digital assets. HSBC’s Chief Digital Officer highlighted the strategic partnerships driving the initiative, using Metaco’s Harmonize solution. This new service complements HSBC’s recent tokenized gold system and extends […]

Inferno Drainer, one of the most popular crypto wallet-draining kits available for hire, says it’s shutting down after helping phishing scammers steal almost $70m worth of crypto this year. The team behind Inferno Drainer said in a Nov. 26 Telegram post that it was “time for us to move on.” They said they would not […]

The decentralized exchange KyberSwap has offered a 10% bounty to the hacker who stole $46 million on November 22. This move comes in response to a message left on the blockchain by the hacker. KyberSwap alerted users on Nov. 23 that its liquidity solution, KyberSwap Elastic, was compromised and urged them to withdraw funds. The […]