Latest News

Blockchain Expo North America is just around the corner

Blockchain Expo North America will take place at Santa Clara Convention Center, California on May 17-18, 2023.  Witness talks, fireside chats and panels from the most forward-thinking experts within the blockchain ecosystem alongside the space to network with senior professionals, all...

Reports of Web3 and DeFi hacks surge during Q1 2023

Analysis from Naoris Protocol, a global cyber security firm, reveals there was a rise in the number of reported cyber security hacks on Web3 and DeFi in Q1 2023 compared to the same period in 2022 and 2021 – with 19 reported hacks.

This is up from 16 reported hacks in Q1 2022 and...

Trump’s second NFT series sells out on day one

Trump NFTs OpenSea

Another non-fungible token (NFT) collection licensing the name and likeness of former US President Donald Trump has sold out, one day after launching on 18 April.

The second of its kind, the ‘Trump Digital Trading Cards Series 2’ collection features 47.000 NFTs that were...

CoFund tokenises luxury Bali hotel using Tokeny

Bali Hotel

Tokeny, a tokenisation infrastructure provider, has partnered with CoFund, an Ethereum real-estate tokenisation marketplace, to tokenise a luxury hotel in Indonesia.

The $10 million hotel sits on the island resort of Bali, and will be tokenised using ERC-3643 security tokens on the...

Three quarters of rug pulls happened on BNB Chain in Q1 2023

Hacking

Of all the rug pull scams carried out across the crypto ecosystem in the first quarter of 2023, almost three quarters occurred on Binance’s BNB Chain, according to a report from Immunefi.

The blockchain security firm’s latest report, ‘Crypto Losses in Q1 2023’, looked at the...

Huobi partners with Gala Games for web3 gaming integration

Web3 gaming

Huobi Global, a cryptocurrency exchange, has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform. 

Cryptocurrency exchange Huobi Global has entered into a strategic partnership with blockchain-based gaming platform Gala...

Bitcoin ATM maker declares all user data compromised after exploit

ATM Machine

A Bitcoin ATM manufacturer has shut down its cloud services due to a security issue that let an attacker access customers’ hot wallets and steal private information.

Prague-based company General Bytes issued a warning on 18 March saying that the hacker had remotely uploaded a Java...

Ethereum Shanghai hard fork set to launch 12 April

Ethereum

Ethereum’s much anticipated Shanghai hard fork is set to go live on 12 April, bringing several upgrades that complete the network’s transition to a proof-of-stake consensus.

The mainnet upgrade includes five Ethereum Improvement Proposals, most notable of which is EIP-4985,...

HSBC acquires Silicon Valley Bank’s UK arm in £1 rescue deal

HSBC

Global banking firm HSBC is acquiring the UK branch of the recently collapsed Silicon Valley Bank, SVB UK.

The company announced on 13 March that its subsidiary, HSBC UK Bank, would be acquiring SVB UK for £1.

HSBC said in its announcement that SVB UK had outstanding loans...

SWIFT progresses CBDC project after strong pilot results

Bank

Global banking system SWIFT is moving to the next phase of its central bank digital currency (CBDC) testing after positive results in the pilot stages.

The interbank network said its project to connect different nations’ CBDCs with one another offers “clear potential and value”...

Binance updates proof-of-reserves to $63bn with 11 new tokens

Binance Reserves

Leading crypto exchange Binance has added 11 tokens to its proof-of-reserves (PoR) report, claiming it now holds $63 billion (£53bn).

The company began publishing its reserves in late 2022 following the collapse of rival exchange FTX in a bid to increase...

Moscow Credit Bank issues on-chain guarantee in Chinese yuan

Chinese Yuan

Moscow Credit Bank, a commercial Russian bank, has issued the country’s first blockchain-based guarantee to use Chinese yuan as currency.

The transaction was made using Russia’s national blockchain network, Masterchain, which is built to transfer digital assets between the...

Visa and Mastercard delay new crypto partnerships

Stop

Visa and Mastercard, the United States’ two largest payment processors, have delayed the launch of new crypto partnerships as bankruptcies and increased regulatory scrutiny continue to affect the industry.

The move, first reported by Reuters, comes after a period of improved...