Blockchain Startup Everledger Files for Bankruptcy Due to Lack of Funding
Australian startup Everledger, specializing in blockchain technology for luxury manufacturers and buyers, filed for bankruptcy and liquidation due to lack of funding. According to a statement from Everledger, despite raising more than $54 million in outside investment. ...
Bitget and Lionel Messi launch Blockchain4Youth project to inspire the younger generation to adopt Web 3 and cryptocurrencies
Crypto exchange Bitget announced the launch of Blockchain4Youth in collaboration with legendary soccer superstar Lionel Messi. The project was launched as part of the company's social corporate responsibility and aims to promote blockchain by empowering and inspiring youn ...
Ethereum Foundation member disputes Cardano founder’s involvement in Ethereum creation
Key member of Ethereum Foundation tried to disavow Cardano founder's involvement in the creation of the Ethereum blockchain. It all started with a post on Twitter that all the big crypto-industry figures involved in the formation of the Etherium network have created their ...
Google Cloud’s Blockchain Node Engine to Add Support for Polygon Solution
Google Cloud's Blockchain Node Engine service is expanding its capabilities by adding support for the Polygon second-layer solution, thanks to a strategic partnership with Polygon Labs. This new development will allow developers to deploy Polygon nodes quickly and easily using Google Cloud's infr ...
Aave Introduces Bonsai Solution to Increase Transaction Volume in Decentralized Social Media Apps
The Aave developers have announced a new solution called Bonsai, which is designed to increase the number of processed transactions in the Lens Protocol blockchain-based social network ecosystem. The solution aims to address the scalability issue faced by social networks on the blockchain. Wit ...
Ethereum Co-Founder and Indian Mystic Discuss the Impact of Technology on Human Interaction
During a virtual event organized by the reState Foundation, Vitalik Buterin, the co-founder of Ethereum. Engaged in a conversation about the impact of the latest technologies on human interaction with Sadhguru, the Indian mystic who founded the Isha charity foundation. The duo also discussed b ...
BNB Chain Blockchain Adds 191 Projects to Red List to Warn Investors of Potential Fraud
The BNB Chain blockchain developers have taken swift action by adding 191 projects to their red list. This list serves as a warning to investors about the possible dangers of investing in fraudulent projects. The updated list includes projects that have fake tokens, exorbitant withdrawal fees, ...
WEF Explores Blockchain for Digital Identification of Users
The World Economic Forum (WEF) is actively exploring the potential of implementing an international blockchain-based system to facilitate digital identification of users. The topic was extensively discussed at the WEF's annual workshop, which focused on techniques aimed at improving user identity ...
DeFi Project Terraport Finance Hacked, Losing $4 Million Worth of Tokens
A DeFi project called Terraport Finance was recently targeted by hackers, resulting in the theft of 9.5 million TERRA, 15 billion LUNC, and 5.5 million USTC tokens, totaling $4 million. The team behind Terraport Finance took to Twitter to inform its community of the breach and that they are activ ...
Polkadot Files Trademark for Blockchain-Based Mobile Messaging App
Polkadot, the blockchain-based project, has recently filed a trademark application for a unique mobile messaging application that is powered by blockchain technology. The application has been submitted to the US Patent and Trademark Office (USPTO), positioning Polkadot as a "level zero blockchain ...