Blockchain

Blockchain firm SIMBA Chain has received a $30 million investment from the U.S. Air Force under its Strategic Technology Reachback and Analysis program (STRATFI). The investment will fund the development and deployment of blockchain applications in supply chain management, with a focus on...

Abu Dhabi-based Venom Ventures Fund announced a $5 million strategic investment in Layer 1 blockchain Everscale. This investment will be made in stages and will be based on the progress and cooperation between the two companies, The Block reported. The investment will also be one of the first...

The World Economic Forum, which is often referred to as WEF, is a Swiss-based international organization focused on engaging leaders in finance and government, among other areas, on tough issues to shape policy and improve the state of the world. The 2023 Annual meeting of the WEF in Davos,...

In his famous novel “1984,” George Orwell presents an authoritarian government that sees and controls every aspect of its citizens’ lives, including their thoughts.  One of the key lessons to take away from the novel is that authoritarian governments can truly strip citizens...

Layer 1 blockchain Injective launched a $150 million ecosystem fund to “accelerate developer adoption” for optimized financial applications. What Happened: Injective’s new fund is supported by notable Web3 and traditional finance organizations which the company said...

A shadow of its high point of more than $8 in June 2021, Celsius Network (CRYPTO: CEL) has not been an attractive buy for most crypto investors. As of Tuesday evening, the crypto was down 6.99% at $0.5922. But there might be a new Celsius token sale, staked not in the network’s...

Crypto giant Binance reportedly processed almost $346 million in Bitcoin (CRYPTO: BTC) for the Bitzlato digital currency exchange, the founder of which was arrested by U.S. authorities last week for allegedly running a "money laundering engine," according to blockchain data,...

A recent article by Crunchbase reports a staggering decline in Web3 funding. A number of high-profile bankruptcies in the space and an overall decline in sentiment mean venture capitalists (VCs) are starting to slow the pace of funding in the space. FTX was one of the largest crypto exchanges in...

Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 124 Bitcoin (CRYPTO: BTC) from hackers behind the Harmony bridge exploit, according to Binance's CEO.  In a tweet, Binance CEO Changpeng Zhao announced the hackers had tried to launder the...

Illicit use of cryptocurrencies reached a record high of $20.1 billion in 2022, according to blockchain analytics firm Chainalysis. What Happened: Transactions involving companies targeted by U.S. sanctions skyrocketed during this time, as the value of crypto transactions related to illicit...

SingularityNET's token AGIX, (CRYPTO: AGIX), has seen a significant price increase of over 245% in January, starting at just 5 cents and trading at $0.162 per token on Friday. The popularity of artificial intelligence applications among the masses, such as the language model ...

Gary Negus, Cudo Compute’s Business Development Manager, was recently interviewed by Benzinga. Cudo Compute is a revolutionary distributed cloud computing platform that provides scalable and on-demand computing by harnessing the power of idle computers and servers from around the globe. The...

Ark Investment Management CEO Cathie Wood said on Thursday that the equity markets have been oblivious to the revolutionary developments of 2022, such as blockchain, digital wallets, and OpenAI's ChatGPT. “Plagued by fears of entrenched inflation and higher...

Samsung Asset Management Hong Kong, a division of the South Korean technology giant, is planning to introduce a new Bitcoin (CRYPTO: BTC) futures ETF on Jan 13. The ETF, named "Samsung Bitcoin Futures Active ETF," aims to provide investors with similar returns as investing in the spot...

Labeled as the people’s dog coin by its creators, the Shiba Inu (CRYPTO: SHIB) inspired BONK (CRYPTO: BONK) token has been making waves ever since it got listed on Dec. 30 last year across a number of popular crypto exchanges. Not only had it emerged as the top-performing...