Category: Blockchain

Arkham CEO Miguel Morel to Speak at Istanbul Blockchain Week

Iris Coleman Aug 02, 2024 14:02 Arkham CEO Miguel Morel is set to speak at Istanbul Blockchain Week, featuring in a keynote, panel, and workshop. Arkham Intelligence’s Founder and CEO, Miguel Morel, is scheduled to speak at Istanbul Blockchain Week (IBW) 2024, according to Arkham Intelligence. Morel will be participating in a keynote address, a panel discussion, and a workshop. Keynote and Panel Discussions Morel’s keynote is expected to cover the latest trends and innovations in blockchain technology, offering insights from his…

Terra Blockchain (LUNC) Hit By $5 Million Hack And Outage: Details

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assorted cryptocurrencies. The specific assets stolen included approximately 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The smart contract audit firm Beosin revealed the nature of the breach in a post on X, stating, “Terra blockchain was exploited for ~60M $ASTRO, 3.5M $USDC, 500k $USDT, and 2.7 $BTC. Terra Blockchain Hack And Outage: What Happened? Security researcher Rarma (@Rarma_) confirmed via X, “So yes,…

GalaChain Launches TestNet Environment for Blockchain Developers

Peter Zhang Jul 31, 2024 05:39 GalaChain’s TestNet is now live, offering developers a secure environment to deploy and test their chaincode, fostering innovation in blockchain technology. GalaChain has officially launched its TestNet, providing developers with a secure environment to deploy and test their chaincode, according to Gala News. This significant milestone marks a step towards making GalaChain an open-source blockchain, enabling external developers to refine their projects without real-world consequences. Understanding TestNet A TestNet serves as a sandbox environment where developers…

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

Alvin Lang Jul 30, 2024 01:49 Exploring the transition from mining to staking and its impact on securing the Ethereum (ETH) blockchain, according to Grayscale. The Ethereum (ETH) blockchain has undergone a significant transformation with its shift from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This transition, known as ‘The Merge,’ has replaced traditional miners with stakers, fundamentally altering the way the network is secured, according to a report by Grayscale. The Merge and Its Implications Ethereum’s transition to PoS,…

Annual Blockchain, AI Training Program To Empower 1,000 Nigerian Youths

Nigeria is making news in the IT business with a new project that aims to teach 1,000 young people a year about artificial intelligence (AI) and blockchain technologies. This forward-looking project is part of Nigeria’s broader National Digital Economic Policy and Strategy 2020-2030. The program aligns with the government’s objectives to be competitive in the global stage through the utilization of new technology. AI And Blockchain Initiative Launch Vice President Kashim Shettima spearheaded the inauguration of the AI Expertise Blockchain and Technology Training and Outsourcing Initiative during a recent ceremony…

Fireblocks Introduces Self-Service Tools to Empower Blockchain Startups

Caroline Bishop Jul 24, 2024 19:39 Fireblocks launches a suite of self-service tools to help blockchain startups innovate quickly and securely. Q1 2024 marked a significant milestone for Web3 venture funding, with a 55% surge in total investments from VC funding for Web3 startups. Web3-related startups raised nearly $1.9 billion, according to Fireblocks. Fireblocks for Startups As Web3 startup funding surges, Fireblocks is already powering the next wave of innovation with its easy-to-implement technology and battle-tested security. Following a successful pilot, Fireblocks…

Sei Blockchain Now Live on Dune Analytics Platform

Joerg Hiller Jul 24, 2024 03:34 Sei, a fast parallelized EVM blockchain, is now integrated into Dune’s analytics platform, offering users enhanced data insights and dashboard creation capabilities. Sei, a highly anticipated fast parallelized EVM blockchain, has officially been integrated into Dune’s analytics platform, according to dune.com. This integration allows users to access a new level of data insights and create detailed dashboards for the Sei network. Sei’s Unique Proposition Sei combines the strengths of Solana and Ethereum by implementing a fast…

Pantera Capital Highlights Political Shift Towards Blockchain

Lawrence Jengar Jul 23, 2024 17:45 Pantera Capital discusses the significant shift in U.S. government stance towards blockchain, highlighting key regulatory changes and political endorsements. Political Shift Towards Blockchain Pantera Capital has highlighted a notable shift in the U.S. government’s stance towards blockchain technology and cryptocurrencies. This change is evidenced by recent comments from former President Donald Trump and other significant regulatory developments. According to Pantera Capital, several parts of the U.S. government have historically been antagonistic towards blockchain. However, sentiments appear…