Category: Blockchain

Crypto Miner HIVE Blockchain Rebrands to Drive AI Expansion

HIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name “HIVE Digital Technologies Ltd.” This rebranding initiative is designed to mirror the company’s progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia’s superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI). Established in 2017, HIVE has been an innovative leader in the domain of cryptocurrency mining. The upcoming name change signifies a major strategic shift to…

Animoca still bullish on blockchain games, awaits license for metaverse fund

Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions. Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers, investment funds and venture capitalists look to cash in on the burgeoning sector. In an exclusive interview with Cointelegraph, Animoca Brands co-founder Yat Siu highlighted the firm’s renewed optimism in the blockchain gaming sector and gave an update on…

Binance Academy Teams Up With Coursera To Provide Crypto And Blockchain Education Worldwide

Binance Academy, the academy arm of Binance, has announced that it is teaming up with Coursera to launch a blockchain education program to spread knowledge about this transformative technology. With more than 124 million registered users across various countries, Coursera is the perfect partner for Binance as they work to provide world-class blockchain education. Taking Blockchain Education Global Blockchain technology is known for its ability to revolutionize various industries and everyday life. Binance, the world’s largest cryptocurrency exchange, has made it its mission to spread the impacts of this technology…

European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects

On July 3rd, Europe’s blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April. Initiated in 2020 by the European Commission and the European Blockchain Partnership (EBP), the sandbox is set to close the regulatory gap between European nations and crypto companies. The Commission has accepted 20 projects for the first cohort, with participants hailing from diverse sectors such as finance and capital markets, telecoms and IT, global trade,…

What is Web3? | Blockchain News

Web 3.0, frequently abbreviated as Web3, is often recognized as the upcoming or third generation of the internet. It builds upon Web 1.0, characterized primarily as read-only, and Web 2.0, which introduced interactive user-generated content and sharing capabilities. Key components of Web3 include: Decentralization: In a departure from the single-server model owned by one entity, data and operations in Web3 are distributed across a network, enhancing both fairness and resilience. Blockchain: Functioning as the backbone of Web3, blockchain provides decentralized data storage and operations. It enables asset transfers that are…

How blockchain technology and DeFi could help solve the housing crisis

The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home Construction Collective is attempting to leverage blockchain’s coordination and fundraising potential in an effort to fund the construction of, and therefore increase the supply of, affordable homes. On Episode 14 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond…

Binance Academy Collaborates with Coursera for Global Blockchain and Web3 Education

Binance Academy, the educational arm of Binance, has forged a partnership with renowned online learning platform Coursera to develop certified Web3 educational programs, according to a recent announcement. These programs aim to span a wide array of Web3 and blockchain topics and are designed to cater to both foundational and professional certification needs. Binance Academy’s collaboration with Coursera is expected to play a vital role in filling the knowledge gap between the rapidly evolving blockchain technology and the contemporary workforce.  “In a world where Web3 is becoming increasingly prevalent, understanding…

TON Blockchain Releases On-Chain Encrypted Messaging Feature

The Open Network (TON) has announced the launch of its new messaging feature. This component will enable users to share messages and transaction details privately on the blockchain. The Open Network Introduces Encrypted Messaging Feature On Monday, July 3, the TON Foundation announced the introduction of an on-chain encrypted messaging feature, which will enable secure communication between its network users. This new feature is an upgrade to the previous messaging service provided by the platform.  Related Reading: South Africa Imposes Year-End Licensing Deadline For Crypto Exchanges Indeed, users have always…

185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023

SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments. The first half of 2023 witnessed significant growth and increased security challenges in the blockchain sector. According to SlowMist’s Blockchain Hacked Incident Archive, there were 185 security breaches leading to a massive loss of $920 million. However, this figure represents a 54% decrease compared to the first half of 2022, which saw losses of…