Blockchain Technology

Wire Network announced on Wednesday it opened its decentralized MegaMask wallet to the public for alpha testing.  Currently, in this early-access phase, MegaMask wallet allows users to send, receive and buy cryptocurrency across platforms such as Wire Network, Polygon (...

Jamil Nazarali, CEO of crypto exchange EDX Markets, shared his perspective on the ripple effects caused by the controversy surrounding crypto tycoon Sam Bankman-Fried. In an interview with Benzinga, Nazarali emphasized, "A lot of people in the crypto industry want accountability for all...

With people's belief in Bitcoin (CRYPTO: BTC) and its finite supply, the digital asset has the potential to become a global reserve asset, Jamil Nazarali, CEO of EDX Markets, said on Tuesday. In an interview with Benzinga, Nazarali, who will be speaking at the upcoming Benzinga Future...

Blockchain data firm Chainalysis on Tuesday announced another series of layoffs amid the ongoing challenges in the crypto industry. The company confirmed that it has "made the difficult decision to part ways with 15%" of its workforce, citing the need for "growing...

Ethereum co-founder Vitalik Buterin discussed potential enhancements to the Ethereum (CRYPTO: ETH) protocol. Amidst the technical details, the core message was clear: Ethereum might be undergoing significant changes, especially in the realm of staking. This revelation comes just...

Matter Labs on Friday unveiled its proposal to Celo (CRYPTO: CELO), noting the potential of its ZK Stack for a seamless Layer 2 blockchain migration. Omar Azhar, head of business development of Matter Labs, emphasized in a post the modular and open-source nature of the ZK Stack...

Bittrex Global CEO Oliver Linch recently spoke with Benzinga about the transformative potential of blockchain, the UK's regulatory approach, and the rise of decentralized finance (DeFi). "Nobody denies that there is something really important going on here," he stated. Linch...

Shanghai unveiled a comprehensive strategy to advance its blockchain technology capabilities through 2025. The city's initiative encompasses a range of areas, including blockchain system security, cryptographic techniques, smart contracts and more. The local government believes these...

Blockchain platform Fhenix clinched $7 million in venture capital. Multicoin Capital and Collider Ventures led the seed funding round. A host of other investors, including Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet, joined the effort. The capital infusion will be used to launch the...

As the blockchain and cryptocurrency sectors continue to evolve, the regulatory landscape for privacy-focused platforms remains uncertain. William Wendt, Ecosystem Growth Manager at Oasis, on Monday, shed light on the challenges and proactive measures industry leaders are taking to navigate...

The Shanghai upgrade for Ethereum (CRYPTO: ETH), rolled out in April, hasn't spurred the anticipated surge in activity on the leading smart contract blockchain, according to a recent research report by JPMorgan. The bank's analysis, which will likely be a topic of discussion at...

Before diving into the world of crypto staking, Jesper Johansen, founder and CEO of institutional staking entity Northstake, emphasizes the importance of understanding the regulatory framework and assessing counterparty risks. In an interview with Benzinga, Johansen also ...

Crypto analytics firm Nansen reported a breach involving one of its third-party vendors. The hack exposed 6.8% of user emails and some blockchain addresses. What Happened: Nansen CEO Alex Svanevik told Benzinga, "Our team has been working day and night in the last 48 hours to mitigate the...

With criminals constantly adapting their tactics to stay ahead of law enforcement, a new report highlighted a significant shift in the methods used by bad actors to launder illicit crypto assets. The study, by crypto analytics firm Elliptic, revealed the value of illicit crypto...

Optimism (CRYPTO: OP) has announced its latest community airdrop. The Layer 2 blockchain is distributing more than 19.4 million OP tokens, equivalent to $27 million, to its users. This airdrop reached over 31,000 distinct addresses, with the criteria for eligibility being the delegation of OP...