Bitfrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions
On Friday, Bitfrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot...
Blockchain News
Metaverse could be worth $5 trillion by 2030: McKinsey report
Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm...
Su Zhu’s cryptic statement as rumors swirl of 3AC liquidations and insolvency
Su Zhu, co-founder of Singapore-based crypto venture capital firm Three Arrows Capital (3AC), has put out a cryptic statement on...
Illicit crypto usage as a percent of total usage has fallen: Report
Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity,...
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is...
UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph
The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the...
Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin News
Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in...
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin...
Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate
Anchor protocol was originally designed to offer an interest rate of 3.6%, but this was dialed up to 20% just...
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to...
Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store – Blockchain Bitcoin News
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will...
MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO
Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs)...
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club...
South Korea ramps up crypto investigations and regulations
On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP...
Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data – Blockchain Bitcoin News
On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to...
ETH/USD trading pair attracts more traders in the first quarter of 2022: report
The Ether (ETH) to U.S. dollar (USD) pair has pulled the biggest number of traders from January to March 2022,...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million – Blockchain Bitcoin News
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million...
Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral – Blockchain Bitcoin News
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners...
Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months
The Bitcoin network witnessed a historic event on May 12 when the network difficulty attained its all-time high of 31.251...
JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services – Blockchain Bitcoin News
JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want...
