Blockchain

Google Cloud is set to join the ranks of validators on the Tezos (CRYPTO: XTZ) network, a blockchain platform, to enable its corporate clients to build Web3 applications on the network by deploying Tezos nodes. This is not Google Cloud's first foray into the blockchain space. The company...

By Jules Dudko, Founder and CEO of FrequenC AI is everywhere. Creatives are concerned about ownership and authenticity of their work, both in terms of deep fakes and algorithm training. While no regulations exist for the commercial use of deep fakes, blockchain technologies offer an ‘out...

Den, a multi-signature wallet provider for teams on Wednesday announced that it has closed an oversubscribed $2.8 million seed round, led by IDEO CoLab Ventures, with participation from Web3 leaders like Balaji Srinivasan, Packy McCormick, and Gnosis. The company's application automates...

State-owned energy company Saudi Aramco valued at nearly $2 trillion, has announced its collaboration with Web3 technology provider, droppGroup. According to a Coindesk report, the two companies will jointly explore the development of blockchain-based Web3 technologies to enhance Aramco's...

Blockchain company Polygon has announced layoffs of about 100 employees, or 20% of its workforce, impacting multiple teams. The company stated that the move comes as it consolidates its business units under Polygon Labs, after a period of “exponential growth.” Polygon said that it has a...

The rise of the ChatGPT artificial intelligence chatbot has created a buzz in the tech world, and scammers are trying to exploit this trend by issuing fake tokens that are branded with the ChatGPT name. These tokens have no official association with the actual tool, and the scammers are taking...

Hong Kong's securities watchdog, the Securities and Futures Commission (SFC), has proposed a policy that will allow retail investors to trade in large-cap cryptocurrency tokens, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), through licensed virtual-asset platforms. This move aims to...

Canadian actor Keanu Reeves is a vocal advocate of cryptocurrency and its underlying blockchain technology calling them "amazing tools for exchanges and distribution of resources," in a recent interview. Speaking with Wired, the star of the popular movie "The Matrix," produced...

Approximately one-quarter, or 24%, of cryptocurrency tokens launched in 2022 showed indications of being involved in pump-and-dump fraud, according to Chainalysis. This type of fraud, which is prevalent in traditional finance, is executed when scammers promote stocks they own to other investors,...

Stablecoin issuer Circle Internet Financial Ltd. (CRYPTO: USDC) complained to the New York State Department of Financial Services (NYDFS) last year about its rival, Binance, and its mismanagement of reserves for its own tokens (CRYPTO: BUSD), according to a Bloomberg report. What Happened: In the...

A hacker responsible for the $320 million exploit of the Solana-Ether Wormhole bridge in 2022 has been actively engaging with the decentralized finance (DeFi) ecosystem. The individual behind the exploit exchanged some of the fraudulently obtained assets for Ether (CRYPTO: ETH) and may be earning...

Global payment giant PayPal Holdings Inc (NASDAQ: PYPL) invested a considerable portion of its financial liabilities in cryptocurrencies such as Bitcoin, as revealed in its recent annual report filed with the U.S. Securities and Exchange Commission (SEC) on Friday. The report stated ...

The Chinese government is setting its sights on blockchain technology with the establishment of the National Blockchain Technology Innovation Centre. What Happened: The centre based in Beijing will focus on developing key technologies and industrial applications within the realm of...

Cryptocurrency exchange Binance is seeking to hire a European Union Policy communications director to join its Global Communications team. This person will shape the company's communications narrative and execute campaigns related to corporate, regulatory and political developments...

Nearly $2.7 billion USD worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure – a 63% increase from last year. With flash loan attacks remaining detrimental to blockchain sustainability, Q2 2022 experienced over $870 million USD in losses. The attacks...