Blockchain News Archives

Blockchain News

Bitbank Ventures: Japan’s Crypto Giant Expands Horizons

Bitbank Ventures, a worldwide investment arm of the Japanese cryptocurrency exchange Bitbank, is dedicated to locally and internationally promoting blockchain and cryptocurrency initiatives. By using its vast expertise in the cryptocurrency industry, Bitbank hopes to advance cutting-edge technology and assist creative ventures that combine digital assets, blockchain, and artificial intelligence (AI). This action demonstrates Bitbank’s […]

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ENS Pioneers Next Chapter with ‘Namechain’

One of Ethereum’s most essential identification layers, the Ethereum Name Service (ENS), is growing its influence by creating its own Layer-2 blockchain, dubbed “Namechain.” Namechain is scheduled to launch at the end of 2025 and will employ zero-knowledge (ZK) rollup technology to boost the ENS ecosystem’s scalability and cost-effectiveness. The initiative’s team, ENS Labs, wants […]

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Green Bitcoin: Deutsche Telekom and Bankhaus Metzler Pilot Renewable Mining

Bankhaus Metzler and MMS, a subsidiary of Deutsche Telekom, are testing a Bitcoin mining operation that uses excess renewable energy. The goal of this pilot project is to use the extra electricity produced by renewable energy sources, such as wind and solar, which are frequently left unused because of grid constraints and a lack of […]

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Metaplanet’s Strategic Bitcoin Accumulation

Metaplanet has added another $10 million to its Bitcoin portfolio in a calculated move that further reinforces its position as a critical participant in the cryptocurrency industry. With this most recent acquisition, Metaplanet has over 1,000 Bitcoin under control, a significant turning point in the company’s investing history. It demonstrates its dedication to incorporating Bitcoin […]

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HKEX Debuts Digital Asset Index Amid Regulatory Expansion in Hong Kong

In a step towards incorporating cryptocurrency benchmarks into its trading environment, Hong Kong Exchanges and Clearing (HKEX) recently introduced a groundbreaking digital asset index series. To increase the number of licenses for digital asset exchanges, the Hong Kong Securities and Futures Commission (SFC) is simultaneously strengthening regulatory frameworks with this program. This series seeks to […]

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Bank of India Governor Advocates for CBDCs over Cryptocurrencies

India confirmed its leadership in the worldwide adoption of cryptocurrencies in 2024, but it is still one of the countries with the strictest laws against them. At the G30 International Banking Seminar, Shaktikanta Das, the governor of the Reserve Bank of India, voiced severe concerns despite this rising popularity. He suggested a shift to […]

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Scroll’s SCR Token Launch Underwhelms Community Expectations

The introduction of Scroll’s native coin, SCR aims to issue 55 million tokens or 5.5% of its entire supply, anticipated to mark a milestone for Scroll. Despite the early enthusiasm and high hopes, the community’s response could have been more positive, as many expressed discontent with the allocation procedure, which they felt did not live […]

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Ethereum’s Surge & Growing Investor Confidence and Market Impact

The amount of ETH stored in accumulation addresses has increased to above 19 million, marking a significant milestone for the Ethereum network. With analytics suggesting a strong rebound in retail demand reminiscent of peak market circumstances, this notable 65% increase since the beginning of 2024 underscores a change in market mood. Such a spike solidifies […]

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India Blockchain Week 2024: Pioneering Global-Local Web3 Synergies

In Bangalore, the epicentre of Indian technological innovation, India Blockchain Week 2024 (IBW 2024) is set to return with its much-awaited series from November 30 to December 8. IBW 2024, India’s leading blockchain technology event, is expected to bring together local tech innovators and global Web3 influencers to foster significant partnerships and accelerate the adoption […]

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Uniswap: Unveiling Unichain, A Revolutionary Layer 2 Solution

Uniswap Labs has announced the debut of Unichain, a Layer 2 blockchain built on Ethereum, marking a significant advancement in the DeFi industry. Through the resolution of critical issues, including excessive transaction fees and ineffective liquidity management, this new platform is poised to revolutionise the Ethereum environment. Unichain promises a significant increase in transaction speed […]

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Binance Introduces Scroll (SCR) on Launchpool: Key Insights Ahead of Listing

The 60th addition to Binance’s Launchpool platform, Scroll (SCR), was unveiled on October 7, 2024. This announcement represents a significant advancement in the cryptocurrency exchange’s continued efforts to assist cutting-edge blockchain initiatives. With the use of Zero-Knowledge Ethereum Virtual Machine (zkEVM) and ZK-Rollup technologies, SCR is a Layer 2 solution that aims to improve Ethereum […]

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ANZ’s Leap into Project Guardian: Pioneering Tokenisation in Australia

Australia and New Zealand Banking Group (ANZ) reached an important milestone by being the first Australian bank to participate in Singapore’s Project Guardian. This partnership is conducted under Singapore’s progressive regulatory environment, managed by the Monetary Authority of Singapore (MAS). With its engagement, ANZ hopes to establish a precedent in the banking industry in both […]

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