Blockchain

Recent data paints a vivid picture of the global banking landscape, revealing the substantial withdrawals from bank accounts over the past year. The Federal Reserve of St. Louis reports that U.S. banks experienced a remarkable $605 billion in deposit outflows within a single year. Meanwhile, S&am ...

The Hong Kong Web 3.0 Association is advocating for the advancement of digital assets in the region by recommending key policies and measures. The association, led by President Chen Delin, presented a proposal aimed at fostering digital asset growth as part of its policy address recommendations. ...

Economists at the Federal Reserve Bank of Chicago have put forth a compelling argument, suggesting that the series of interest rate increases implemented since March 2022 are steering inflation toward a 2% target while safeguarding the economy against a recession. Their research indicates that fu ...

Tron (TRX) is displaying strength as its price surges above $0.0780 against the US Dollar. TRX's performance is outpacing Bitcoin, and it could potentially rally even further, aiming for the $0.0800 resistance level. Tron is on an upward trajectory, surpassing the $0.0750 pivot level ag ...

Indian company Beyond Imagination Technologies (BIT) has partnered with the Indian Armed Forces, which will use a blockchain-based platform for communications. Web3 executives at BIT said that blockchain will improve communication between military personnel and veterans by ensuring that informati ...

Nigeria's National Information Technology Development Agency (NITDA) is set to use blockchain to authenticate National Youth Service Corps (NYSC) certificates. NYSC certificates are among the most sought after in Nigeria. It is a compulsory one-yea ...

The UAE Ministry of Climate Change and Environment (MCCE), in partnership with Industrial Innovation Group and Venom Foundation, is developing a blockchain-based system for selling carbon credits. MCCE said that with the new system, government orga ...

Celo Foundation has entered into a partnership with Google Cloud in which the Google subsidiary will become the validator of the Celo network. This will increase the security and stability of the platform. By launching a node on the Celo blockchain ...

Matter Labs, the company that developed the zkSync Layer 2 solution for the Etherium network, has refuted Polygon management's accusations of copying source code without properly mentioning the developers. Polygon's blog posted an article titled "D ...

The PRC's central-level municipality of Shanghai aims to establish a blockchain development center by the end of 2025. The city also plans to establish ties with Hong Kong and Singapore for this destination. After establishing a hub for blockchain ...