Tag: Blockchain

ETF Inflows Continue to Bolster Bitcoin – Blockchain News, Opinion, TV and Jobs

Bitcoin (BTC) ended the week at approximately $52,150, showing a notable 7.9% increase from the previous week’s closing value of around $48,300. The week began with robust price growth, with BTC reaching its peak trading price of around $52,800 on Thursday, before stabilizing over the weekend within the $51,000 to $52,000 range and ultimately closing slightly above $52,000. Last week marked Bitcoin’s return to trading above $50,000 for the first time in over two years, signaling strong momentum following the approval of BTC ETFs Spot. The last time BTC traded…

Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi

The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states and passed in Missouri. Blockchain Basics Act Regulation Reaches Ohio, South Carolina […] Source CryptoX Portal

RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation – Blockchain News, Opinion, TV and Jobs

Bucharest, Romania, February 19th, 2024, Chainwire RHUNA is a visionary fintech platform dedicated to revolutionizing the events and entertainment industry through innovative technology. By integrating Web 3.0 and blockchain technologies, RHUNA aims to enhance user experiences, improve security and transparency, and foster a closer, more engaged community around the globe. UNTOLD Universe is one of the world’s top 5 music festival organizers with more than 1.5 million attendees over the course of each year. Rhuna represents the merging of their experience with CryptoDATA’s innovative technology development expertise with this pioneering…

Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access

The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […] Source CryptoX Portal

Kadena SpireKey Integrates with WebAuthn to Provide Seamless Web3 Interactions – Blockchain News, Opinion, TV and Jobs

New York City, New York, February 16th, 2024, Chainwire Introducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by removing complex signing processes. Kadena Spirekey “Unlike complex Web3 wallets today where you have to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology that has been developed by Google and Apple over the last 20 years, to help anyone securely digital assets directly on your phone or computer. It’s as easy as receiving a prompt on your mobile device and providing a…

Sui Revealed as Top Destination for DeFi Inflows Over the Last 30 Days – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, February 15th, 2024, Chainwire Wormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month — more than all other blockchains combined. Sui, a Layer 1 blockchain that has experienced explosive growth since its inception nine months ago, is seeing a substantial migration of funds from Ethereum to the Sui ecosystem, with nearly $310 million worth of assets flowing through the Wormhole Portal in the past 30 days. The data is issued by wormholescan.io, which tracks the flow of funds…

Blockchain Adoption: CitiBank Trials Tokenization Of Private Equity Funds On Avalanche

CitiBank, one of the world’s largest banks, has successfully conducted a simulation demonstrating the tokenization of a private equity fund on the Avalanche blockchain network, specifically using Avalanche’s Layer 1 Spruce subnet.  Interestingly, this development has the potential to accelerate the adoption of distributed ledger technology in the financial industry, particularly on Wall Street. Blockchain Simulation For Forex Trading On Avalanche  According to the press release, the simulation was part of Project Guardian, a collaborative initiative between the Monetary Authority of Singapore (MAS) and the financial industry.  The application is…

PlayDapp’s $31 Million Hack: A Blow to Blockchain Gaming Security

PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million. PlayDapp, a South Korean Web3 game development platform and NFT marketplace, recently experienced a significant security breach. This attack led to the unauthorized creation of 200 million PLA tokens, valued at approximately $31 million, causing substantial financial losses and a dramatic decrease in the token’s market value. The hackers exploited a vulnerability in PlayDapp’s system, managing to add a new address as a minter on the platform and…

B2BinPay v19 Introduces Instant Swaps and Expands Blockchain Support in a New Big Update

PRESS RELEASE. B2BinPay, a leading blockchain payment system, has announced the release of its new v19 update. This latest update introduces an array of new features and improvements, including innovative instant swaps and expanded blockchain support. Instant Swaps and Competitive Cost Advantages via VWAP Swap is a favoured approach to handling virtual assets among many […] Source CryptoX Portal