Category: Blockchain

Bullish March Marks Record for Bitcoin – Blockchain News, Opinion, TV and Jobs

By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) concluded the month of March at approximately $71,300, marking a 16.6% increase from the previous month’s closing value of around $61,150. This monthly surge represents a historic milestone for BTC price action. March witnessed the seventh consecutive month of price growth for BTC, a first since its inception. The sustained price appreciation began in Q4 2023, as market participants anticipated a high probability of BTC Spot ETFs approval in January. This anticipation was followed…

Blockchain Sleuth ZachXBT Reports Alleged Harassment by IRS Criminal Investigation Unit

ZachXBT, a blockchain investigator, claims IRS-CI has harassed him for assistance in solving blockchain crimes, underscoring tensions between privacy and law enforcement. The world of blockchain investigations took an unexpected turn recently when famed pseudonymous investigator ZachXBT reported what he describes as borderline harassment by the United States Internal Revenue Service’s Criminal Investigation Unit (IRS-CI). ZachXBT, known for his meticulous work in tracking down fraudsters and scammers within the cryptocurrency space, has claimed that the IRS-CI has been overstepping personal boundaries in its attempts to solicit his expertise. ZachXBT took…

Sony Bank Leverages Polygon Blockchain For Stablecoin Pilot Program

According to local media reports in Japan, Sony Bank announced its foray into the stablecoin world, launching a trial to issue its fiat-linked digital currency. In collaboration with blockchain company SettleMint, one of the most notable aspects of the pilot program is that the trial will take place on the Polygon blockchain. Sony Bank’s Strategic Move Sony Bank’s move to explore stablecoin issuance highlights the company’s strategic focus on leveraging blockchain technology and digital assets to increase its financial services offerings.  By pegging the stablecoin to traditional fiat currencies such…

Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption

Singapore, Singapore, April 4th, 2024, Chainwire Xterio, a leading Web3 gaming publisher and platform, and AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, have announced the launch of a game-focused restaked rollup designed specifically for Web3 games. Xterio is a Web3 gaming ecosystem & infrastructure, distinguishing itself as a gaming publisher with top-notch development skills, unparalleled distribution expertise, and over $80M raised in ecosystem funding. With five AAA games and over 45 gaming partners, Xterio has amassed a gaming community of over two million users…

VGX Foundation, Gala Games, and Genopets Partner to Bring VGX Token Rewards to Genopets Players – Blockchain News, Opinion, TV and Jobs

George Town, Cayman Islands, April 3rd, 2024, Chainwire The VGX Foundation, a Cayman Islands Foundation, has partnered with Genopets to integrate the VGX token as a reward in their popular move-to-earn NFT mobile game on Solana. The partnership introduces VGX as a reward token in the Genopets game, creating utility and rewards for using VGX within the Genopets ecosystem.  VGX is a token that bridges multiple chains and is focused on bridging utility across GameFi and gaming ecosystems.  Genopets launched in 2021 and is one of the largest games on…

The First Universal Application Layer Powering Apps to Run on All Chains With One State – Blockchain News, Opinion, TV and Jobs

Singapore, Singapore, April 3rd, 2024, Chainwire Skate is backed by leading founders in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make web3 efficient for a modular future by solving application fragmentation  Range Protocol, a unified liquidity provisioning platform, today announced the launch of Skate, the universal application layer that empowers apps to run on thousands of chains with one state.  Designed with an intent-centric approach, Skate aims to efficiently address the application fragmentations as a single hub for all code deployment across all…

Several US States Seek Cardano for Blockchain Voting

The Cardano Foundation has been approached by several US states interested in developing a blockchain-based voting system. This information came to light during a recent interview with Frederik Gregaard, CEO of the Cardano Foundation, conducted by DailyCoin. US States Consider Cardano For Election Security Gregaard confirmed the engagement, highlighting the growing interest of governmental bodies in leveraging blockchain to enhance electoral processes. The interest from these states focuses on creating a “lightweight” blockchain solution aimed at increasing transparency and accountability in voting systems. While Gregaard expressed enthusiasm about the inquiries,…

Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3 – Blockchain News, Opinion, TV and Jobs

Dubai, United Arab Emirates, April 2nd, 2024, Chainwire Following the integration, users will be able to natively manage their BTC on any rollup in the Avail ecosystem without relinquishing control over their digital assets Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for highly scalable and customizable applications, has partnered with dWallet Network, a pioneering non-collusive, decentralized multi-chain layer, to bring programmable native Bitcoin to rollups in the Avail ecosystem. Leveraging the newly unveiled dWallet primitive, smart contracts using rollups built on Avail DA…

How China’s Belt And Road Initiative Leverages Blockchain Technology

China has unveiled plans for a blockchain infrastructure project aimed at bolstering trade and economic ties across continents. The initiative, dubbed the “Ultra-Large Scale Blockchain Infrastructure Platform,” is poised to play a pivotal role in powering the Belt and Road Initiative, China’s ambitious global trade network. China Taps Blockchain For Its Infra Projects Announced through a major partnership between the Shanghai Tree-Graph Blockchain Research Institute and the Chinese government, the project aims to leverage blockchain technology to establish a robust and scalable infrastructure that will facilitate cross-border trade and commercial…

The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, April 1st, 2024, Chainwire Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges. BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024. Following the conclusion of its Public Testnet trading phase in Q1, BSX – the new standard in premier, high-performance decentralized…