Archived Posts

In the final leg of 2021, Twitter CEO Jack Dorsey resigned to focus exclusively on his other firm, Square (now named Block), which had grown more focused on blockchain technology and bitcoin — much similar to Dorsey himself. Presently, we’re seeing the fruits of Block’s support of cryptocurrency, as Cash App revealed that it has   Read more...

Intel, the chip manufacturing behemoth, intends to create a big impact in the crypto world next month with the launch of “Bonanza Mine chip,” which is slated to be specifically designed for Bitcoin mining with low energy consumption. The company intends to introduce the ASIC (application-specific integrated circuit) chip at the International Solid-State Circuits Conference   Read more...

Loop Games, a Turkey based mobile game developer, has announced that it would spend $100 million on advertising and advancement of its Pethereum.io metaverse, which is now being developed. This metaverse, which will include blockchain technology, is scheduled to begin as an open beta in Q2 of 2022; its objective is to enable mobile gaming   Read more...

ZorroSign, Inc., a worldwide pioneer in blockchain-based digital signature services, has entered into a strategic agreement with the Provenance Blockchain Foundation to embed the latest decentralized Provenance Blockchain with digital platform of ZorroSign. ZorroSign unites digital signatures, automated compliance, intelligent forms, document administration, fraud protection, user validation, and document verification, and will pave way for   Read more...

Animoca Brands revealed Tuesday that it has secured about $360 million in a fresh investment round, which pegged the valuation of the Hong Kong-headquartered blockchain gaming firm at $5 billion. The investment has lifted the valuation by over 200% from the company’s earlier October 2021 estimate of $2.2 billion and increases its total cash amassed   Read more...

On the layer-two scaling network Polygon, the Ethereum update that incorporated a partial network fee burning mechanism in August of last year has begun. Ethereum’s EIP-1559 update, which was included in last summer’s London hard fork, has become a step forward with respect to gas price certainty and network fee reduction. The update has begun   Read more...

Cardano’s native crypto ADA has risen in value over the last week, despite the fact that Bitcoin (BTC) and Ether (ETH) have remained flat, owing to some hopeful advancements on its network. As per CoinGecko’s price, ADA has increased by 40% in the last seven trading sessions, whereas Bitcoin, Ether, XRP and Solana have all   Read more...

Palau, a West Pacific island country, inaugurated the world’s foremost digital residency scheme that utilizes blockchain technology, highlighting the country’s goal to establish a unique borderless financial center based on cryptocurrency and blockchain infrastructure. Palau is unveiling the Root Name System (RNS) in collaboration with Palo Alto-headquartered blockchain specialists Cryptic Labs. The RNS is a   Read more...

Singapore has enacted new restrictions prohibiting bitcoin trading businesses from promoting their platforms to the general public, transforming it as the latest crypto hostile jurisdiction for crypto trading. The Monetary Authority of Singapore (MAS) said that it has continuously cautioned that cryptocurrency trading is very dangerous and not suited for the common people because of   Read more...