NPCI Seeks Blockchain Technologist to Investigate Payment System Opportunities

The National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for a blockchain technologist to head and investigate opportunities for blockchain in current-day payment systems. The ideal candidate should have at least 6 years of experience in developing and implementing blockchain, […]

LSE Group to Launch Blockchain-Based Platform for Traditional Assets

The London Stock Exchange (LSE) Group is reportedly planning to create a blockchain-based platform that will offer traditional financial assets. According to the head of capital markets Murray Roos, the company has been looking into the potential of a blockchain-based trading venue for a year and is now ready to move forward with their plans. […]

Shibarium Surpasses 900,000 Transactions and 1 Million Wallets; Could it Boost SHIB Price?

Shibarium, part of the Shiba Inu Ecosystem, has achieved remarkable milestones with over 900,000 transactions and 1 million wallets. To bolster user trust and engagement, the Shibarium team has incorporated the hosted version of the Blockscout explorer into Shibariumscan. Additionally, the team is collaborating with multiple third-party bridge operators to increase the number of bridges […]

China’s Central Bank Digital Currency Upgrades Payment Tools for Retail Use

The People’s Bank of China’s Digital Currency Research Institute Director, Changchun Mu, recently spoke at the China International Service Trade Fair, expressing the desire to see the Chinese CBDC, or renminbi, included in all online retail payment options. Mu noted that the currency has undergone a major upgrade in terms of its organizational forms and […]

Next Cryptocurrencies to Explode: Sonik Coin, Synthetix, Wall Street Memes, Baby Shiba Inu, and PondCoin

Cryptocurrency investors are faced with two alternatives: either to buy the dip or explore altcoins. With the downtrends biting hard into crypto asset gains, investors are looking for the next cryptocurrencies to explode. Surprisingly, the investment tides appear in favor of the memes sector as assets in the category have reverted to exponential growth in […]

Crypto Volumes Fall for Fifth Month in a Row, Stablecoins See Gains

The total adjusted on-chain volume for the leading two crypto assets, Bitcoin and Ethereum, decreased by 6.3% to $176 billion in August. Bitcoin volumes fell by 6.7% and Ethereum by 5.7%, marking the fifth month of declines since March. On-chain volumes are down 56% from the same month last year.Stablecoin adjusted on-chain volume increased by […]

US District Court Allows Class Action Lawsuit Against HelbizCoin Creators to Proceed

A class action lawsuit against the creators of HelbizCoin has been allowed to proceed by a United States District Court, as per a court ruling filed on Sept. 1. The lawsuit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022. The case […]

Canaan’s Q2 Revenue Surges Despite Bitcoin Price Slump

Canaan, a Nasdaq-listed Bitcoin mining firm, reported a total revenue of $73.9 million in Q2 2023, a quarter-on-quarter climb from $55.2 million. This figure was comprised of $57.9 million in product revenue and $15.9 million in revenue generated from Bitcoin mining operations. The growth in revenue was attributed to the company’s expansion into new mining […]

Proposed Ethereum Court System to Protect Protocols from Political Interference

Alex Gluchowski, co-founder and CEO of Matter Labs, has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a post on Twitter, Gluchowski suggested the idea of an “Ethereum Supreme Court” — which would work similar to the United States Supreme Court — to serve as a final […]