Blockchain Technology

Polygon (CRYPTO: MATIC) has proposed a technical upgrade of its native asset, MATIC, to POL. The proposal was detailed in a white paper published by Polygon's founders and researchers. The new token, POL, is designed to become the primary tool for the growth of the Polygon ecosystem and to...

Crypto exchange Coinbase Global Inc (NASDAQ: COIN) announced on Wednesday the integration of a new messaging feature into its Wallet, aiming to enhance user interaction within the crypto community. To provide a seamless and secure user experience, Coinbase Wallet partnered with XMTP...

Ethereum Worlds, the creators of Ethereum Towers, have set aside July 13 at noon EST for the final mint of their luxury metaverse apartments. The three different types of apartments include standard, luxury and penthouse. Each one is customizable, allowing users to design, build, and furnish their...

Cryptocurrency industry employment has experienced a 10% dip over the last year, and the sector now reportedly employs approximately 190,000 individuals, a noticeable decrease from 210,000 in 2022.  "Lots of people have lost their jobs, and many firms are being kept afloat by the...

Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), expressed that the Bitcoin (CRYPTO: BTC) network needs to adopt scalable solutions such as zero-knowledge rollups (ZK-rollups) to expand beyond just another payment system. Buterin shared these thoughts during a Twitter Space session...

Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), announced Shibarium (CRYPTO: SHIBDAO), an ambitious initiative aiming to create a decentralized and enduring community, is on track to go live in August.  What Happened: Shibarium wants to work within a branded...

In a significant move to drive the adoption of Web3 technologies, blockchain startup accelerator Cronos Labs announced a partnership with Protocol Labs, an open-source research and development laboratory. In a press release issued on Thursday, the company stated the Cronos Accelerator...

Smart wallet infrastructure provider Safe announced on Thursday a partnership with Monerium, an on-chain fiat issuer, to integrate the latter's Web3 IBAN and EURe fiat on/off-chain payments directly into individual Safe smart accounts. The company stated this partnership was...

Payment services company Circle (CRYPTO: USDC) is contemplating the issuance of a stablecoin in Japan, following the recent implementation of legislation governing stablecoins in the country. The firm's co-founder and CEO, Jeremy Allaire, told CoinDesk that Japan could become a significant...

Hong Kong government should consider launching its own stablecoin, the HKDG, backed by its foreign exchange reserves. That's according to a proposal put forward by web3 expert and Hong Kong University Vice Chancellor Wang Yang; angel investor Cai Wensheng; BlockCity founder Lei Zhibin; and Ph.D...

In a recent ruling, a federal court has mandated cryptocurrency exchange Kraken must provide account and transaction details to the Internal Revenue Service (IRS). The IRS stated it requires this information to investigate whether Kraken's users have failed to accurately report their...

About 63.5% of institutional players who took part in a Binance survey held an optimistic perspective on the cryptocurrency sector. Of the 208 participants, who are either institutional clients or VIP users of Binance, 88% anticipate a bright future over the coming decade. Dubbed the "...

Citigroup Inc. (NYSE: C) is reportedly reassessing its digital asset custody partnership with Metaco, a Swiss fintech firm, and has initiated informal discussions with alternative providers. Citigroup made its partnership with Metaco public last year. Recently, Metaco was purchased by Ripple Labs...

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin expressed concern regarding the U.S. Securities and Exchange Commission's (SEC) recent actions towards Solana (CRYPTO: SOL) and other blockchain projects. In a measured tone, Buterin took to Twitter to voice his apprehension about the...

South Korea has given the green light to landmark legislation dedicated to digital assets, aiming to reinforce protection for investors. This comes in the wake of the dramatic collapse of cryptocurrencies developed by South Korean Do Kwon, which played a role in a global $2 trillion cryptocurrency...