Crypto Industry Faces New Threat: Section 702 US Surveillance Bill Passed

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blockchain, Crypto News, cryptocurrencty, section 702, US Senate

The US Senate has voted to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA), a move that has sparked widespread debate and concern among civil liberties advocates and members of the crypto community. Section 702, originally introduced as a counterterrorism measure, grants the US government broad authority to collect data from various sources, […]

VeChain Lands $100 Million Knockout Partnership With UFC – Details

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blockchain, Crypto, Crypto News, VeChain, Web3

The Ultimate Fighting Championship (UFC) has landed a heavyweight deal with VeChain, a blockchain logistics firm, in a five-year partnership to the tune of $100 million. This history-making agreement marks UFC’s first-ever top-level blockchain partnership, while VeChain gains a powerful platform to reach fight fans around the world. UFC Flexes Financial Muscle This strategic alliance […]

First-Ever Conviction For Crypto Smart Contract Hacking: Nirvana Exploiter Sentenced To 3 Years | Bitcoinist.com

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blockchain, blockchain technology, Crypto, crypto exploit, crypto hack, crypto hackers, crypto hacking, crypto hacks, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Nirvana Finance, US crypto regulation

After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to three years in prison, this is the first-ever smart contract hacking conviction in the US.  Ahmed was also ordered to forfeit the stolen crypto and pay […]

Forget Wall Street, Uniswap Is The New Trading King With $2 Trillion Crown

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Altcoins, blockchain, Crypto, Crypto News, DEX, uni, Uniswap

Uniswap, the pioneering decentralized exchange (DEX), has cemented its position as the leader in the crypto trading sphere by surpassing a staggering $2 trillion in all-time trading volume. This achievement, reached on April 5th, signifies a major milestone for the platform, highlighting its remarkable growth trajectory since its launch in November 2018. Data compiled by […]

Venom Blockchain Developed In Abu Dhabi Drives Web3 Ecosystem Expansion | Bitcoinist.com

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blockchain, blockchain technology, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, UAE Web3, Venom, Venom Blockchain, VENOMUSD, VENOMUSDT, Web3, Web3 adoption

Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. Over 20 Projects Ready To Launch On Venom Blockchain The Layer 0 (L0) Venom blockchain differentiates itself with an infrastructure capable of […]

Shibarium Breaks The Internet (Again) With Over 400 Million Layer-2 Transactions

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Altcoin, blockchain, meme coin, shib, Shiba Inu, Shibarium

Shibarium, the Layer-2 blockchain developed by the creative minds behind Shiba Inu (SHIB), has shattered expectations by reaching an extraordinary milestone in transaction throughput. Surpassing an impressive 411 million transactions,   Shibariumscan has revealed the platform’s resilience in the face of market volatility. The recent surge in user adoption and the influx of dApp builders […]

Meme Coin Madness Sends Ethereum Fees To 2-Year Highs

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Altcoins, blockchain, Ethereum, meme coin, Network

Meme coins have ballooned to new prices since the beginning of March, boosting blockchain activity in the process. This recent frenzy has seen Ethereum gas fees surging to two-year highs this week. IntoTheBlock, a leading on-chain analytics provider, announced this new milestone in a recent post on social media platform X. Data from ITB indicates […]

BRICS Nations Challenge US Dollar Dominance: Blockchain Payment System In The Works

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blockchain, BRICS, dollar, News, payment system

The winds of change are whistling through the global financial system. The BRICS alliance, a formidable economic force comprising Brazil, Russia, India, China, South Africa, and newly added members, is revving up its engine for a revolutionary new payment system. This system, fueled by the cutting-edge technology of blockchain, promises to disrupt the current dollar-dominated […]

Gaming Giant Ubisoft Embraces Blockchain Technology As Node Validator In XPLA Ecosystem | Bitcoinist.com

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blockchain, blockchain technology, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Ubisoft, XPLA, XPLA ecosystem

Ubisoft, a renowned video game developer and publisher, has announced its participation as a node validator in the XPLA ecosystem, demonstrating its intention to explore blockchain technology.  According to the March 7 announcement, Ubisoft’s participation in the ecosystem aligns with its focus on innovation through its Strategic Innovation Lab, which aims to anticipate future trends […]

Blockchain Revolution In China: NPC Pushes For Rapid Development, Leaving Crypto In The Dust

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blockchain, blockchain technology, BTCUSDT, china, Crypto, crypto mining, Crypto News, NPC

Blockchain technology emerged in the spotlight at the “Two Sessions” event, a prominent annual gathering of China’s political and industry leaders in Beijing. At this event, National People’s Congress (NPC) member Dong Jin proposed expediting this technology’s development nationwide. Blockchain’s Role In China’s Digital Ambition The call to action emphasizes enhancing China’s blockchain infrastructure to […]

High-Octane Solana Network Forces Binance To Halt Withdrawals – What’s Brewing?

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Binance, blockchain, Crypto News, DeFi, solana

In a surprising twist, Binance, the crypto exchange behemoth, has hit the brakes on Solana (SOL) withdrawals due to a colossal surge in network activity. The Solana blockchain, known for its lightning-fast transactions, finds itself entangled in a web of congestion, prompting Binance to announce a temporary suspension of withdrawals, effective since March 4, 2024. […]

Ethereum Unleashes Scaling Power: $2.3 Billion Unlocked As Blast Goes Live

Categories
Blast, blockchain, Crypto, Ethereum, Layer 2

Blast, an Ethereum layer-2 scaling network developed by the founder of the prominent NFT marketplace Blur, marked its mainnet launch on Friday. This pivotal moment opened the floodgates to billions of dollars’ worth of crypto funds that users had previously locked up in pursuit of staking and airdrop rewards. With the help of this launch, […]