Blockchain

China recently announced a significant initiative led by Conflux Network, focusing on creating an “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.” This groundbreaking move signifies China’s interest in utilizing blockchain technology to facilitate secure and seamless cross-border transactions. The primary goal of this project is to establish a public blockchain infrastructure
Degen Chain, a layer-3 blockchain built on top of the Base network, has captured the interest of investors and traders due to its impressive transactional volumes, totaling close to $100 million in just a single day. Within four days of its launch, the network has processed over 272,000 unique transactions, establishing over 7,500 contracts and
In a recent development, Tinkoff Bank, a major player in the Russian banking industry, has successfully obtained a license to issue and sell “digital financial assets” (DFAs) within the country. This news comes as a significant milestone for the bank, as it positions itself to capitalize on the growing trend of digitalization in the financial
Vitalik Buterin, the prominent co-founder of Ethereum, recently made headlines during his visit to the South Korean tech hub city of Pangyo. The tech-focused town, located in Seongnam, Gyeonggi Province, has become a hotbed for innovation and technological advancements. Buterin’s presence in Pangyo was not only restricted to attending an Ethereum-related conference but also included
Grayscale, a well-known digital asset management firm, has recently announced the launch of a new fund called GDIF. This fund, aimed at millionaire investors, focuses on investing in proof-of-stake tokens and optimizing income through staking rewards. GDIF is the first actively managed investment product from Grayscale and is designed to take advantage of the growing
Recently, the crypto exchange HKVAEX, which is linked to Binance, decided to withdraw its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post-deadline. This decision has raised eyebrows in the industry, especially considering the implications it may have on the company’s future operations and the broader crypto market