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Supra Launches HyperNova Bridgeless Technology for Cross-Chain Communication

Supra, a leading blockchain organization providing oracle and VRF (Verifiable Random Function) services, has announced the creation of HyperNova – its new bridgeless technology that facilitates cross-chain communication directly via layer one consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable and scalable.HyperNova works by using […]

Tether Unveils Pioneering Bitcoin Mining Software, InQubeta Captivates Crypto Enthusiasts

Tether’s Chief Technology Officer, Paolo Ardoino, has unveiled groundbreaking Bitcoin mining software, a pioneering step poised to reshape the mining landscape. Dedicated to technological advancements, Tether has committed to releasing specific components of this software as open source, a move that underscores their commitment to transparency, innovation, and a proactive approach to sharing cutting-edge developments […]

DeFi TVL Hits 2.5-Year Low Amid Crypto Bear Market

Decentralized finance (DeFi) has been hit hard by the crypto bear market, according to new data from IntoTheBlock. The blockchain analytics firm says in a new report that the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers to […]

Unstoppable Domains Launches Messenger Feature for Web3 Community Building

Unstoppable Domains, a provider of digital identities that include crypto addresses, has launched a new messaging feature powered by XTMP. This feature allows owners of UD domains, or any Web3 wallet address, to chat with each other across the blockchain. The messaging can be used for any kind of decentralized, end-to-end encrypted messaging, such as […]

Federal Court in Chicago Uses Technology to Lock Out Cybercriminals from Blockchain Accounts

A federal court in Chicago has taken a groundbreaking step to combat cybercrime by using innovative technology to lock criminals out of their blockchain accounts. The court order applies to 16 individuals and international criminal organizations sanctioned by the United States Treasury Department, including the notorious Lazarus Group and Hydra Market.The Lazarus Group is a […]

Joe Biden’s Record on Crypto: Enforcement Actions, Tax Proposals, and Digital Dollar Study

The Biden administration has taken a significant stance on the crypto industry, with enforcement actions from the SEC and CFTC, as well as proposed regulations from the SEC and Treasury Department. These regulations could have major implications on the sector, from the SEC’s proposals on custody and exchanges to the Treasury’s new proposal on how […]

BlackRock Submits Bitcoin ETF Application to SEC

BlackRock, a U.S. based investment firm, has submitted an application to the Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF).The application is still pending and has yet to be approved by the SEC.If approved, the ETF would allow investors to buy and sell Bitcoin on the stock market, similar to how they […]

Binance Users in Belgium to Access Services via Poland-Based Unit

Binance, the world’s largest cryptocurrency exchange, has announced that its users in Belgium will continue to access its services via Binance Poland, its Polish-regulated arm. To access services via Binance Poland, users in Belgium will have to accept the Polish platform’s Terms of Use for Belgian users and may also be asked to resubmit know-your-customer […]

Ceffu Launches MirrorX Off-Exchange Settlement Solution with Binance Partnership

Ceffu, an institutional crypto custodian and partner of Binance, the world’s largest cryptocurrency exchange by trading volume, announced the release of its newest off-exchange settlement solution, MirrorX. This custody solution provides institutional investors with instantaneous access to most of the products available in the Binance ecosystem, including spot, margin and futures trading, without needing to […]

Binance Makes Strategic Comeback in Belgium Through Poland

Binance, a global cryptocurrency exchange, has made a strategic comeback in Belgium after facing a halt in its services due to regulatory tensions. The company is now channeling its services for Belgian clientele through Binance Poland sp. z o.o., which is registered as a virtual assets service provider (VASP) in Poland. Belgian users will need […]