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Technology

A collection of 223 issues

Visa Reveals Over 90% of Stablecoin Transactions Are Not Linked to Real Users, According to New Dashboard Developed with Allium Labs

Visa Inc., in collaboration with Allium Labs, has introduced a sophisticated new dashboard designed to monitor transactions involving stablecoins. This innovative platform has unveiled surprising insights into the stablecoin market, indicating that a mere 10% of these transactions are linked to actual users. Despite the colossal turnover of $2.2

MicroStrategy Launches Decentralized Identification Protocol Based on Bitcoin Technology

MicroStrategy, a prominent holder of Bitcoin and a key player in the cryptocurrency field, has announced the development of a groundbreaking decentralized identification system. The new product, dubbed 'Orange', utilizes Bitcoin's blockchain technology to verify personal identities in a secure and efficient manner. This innovative approach

Solana Co-Founder Advocates for Meme Coins, Countering Criticism from Ethereum's Vitalik Buterin

In a striking defense of meme coins, Solana co-founder Raj Gokal has publicly disagreed with Ethereum co-founder Vitalik Buterin's recent critical remarks about these projects. Gokal articulated his support for meme coin projects, suggesting that they play a crucial role in attracting both developers and users to blockchain

Vitalik Buterin Labels Proof-of-Work a "Temporary Stage" for Ethereum, Emphasizes Shift to Proof-of-Stake Due to High Centralization Concerns

In a significant discussion about the future of blockchain technologies, Ethereum co-founder Vitalik Buterin has shed light on the imperative shift from the Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). Highlighting the evolution of Ethereum, Buterin described PoW as merely a "temporary stage" in the broader development framework

Pantera Capital Aims to Raise $1 Billion for New Crypto Fund

Venture firm Pantera Capital is setting its sights on raising $1 billion for its latest venture in the cryptocurrency space, the Pantera Fund V. According to a Bloomberg report citing sources familiar with the matter, the new fund will focus on early-stage equity and token investments. Pantera Capital, known for

Google Cloud Launches Portal for Web3 Developers, Offering a Comprehensive Testing Platform for Blockchain Solutions

Google Cloud has announced the launch of a new platform specifically designed for Web3 developers. This portal aims to provide users with the ability to test and explore blockchain solutions offered by Google Cloud and its partners in a controlled environment. The service is set up to allow developers to

ZKasino Accused of $32 Million 'Rug Pull' After Moving User Funds and Shutting Down Communication Channels

In a shocking development in the cryptocurrency world, ZKasino, a decentralized gambling network, is under suspicion for a massive $32 million scam. The project team reportedly collected over 10,515 ETH (valued at more than $32 million) under the guise of a token farming program for their ZKAS tokens. Subsequently,

Tom Holland’s X Account Hacked: Phony SPIDER Token and Spiderverse NFT Collection Promoted

A Recent Security Breach on Actor Tom Holland’s X Profile Leads to the Spread of Fake Cryptocurrency Links and NFT Scams. Tom Holland, known for his portrayal of Spider-Man in Marvel's cinematic universe, recently became a victim of a cybersecurity attack on his X account, previously known

Cryptocurrency Funds Experience $126 Million Withdrawal Amid Market Volatility, CoinShares Weekly Report Reveals

In a recent update from CoinShares, a noticeable $126 million was withdrawn from cryptocurrency funds over the past week, marking a significant shift in investor sentiment. This withdrawal contrasts sharply with the prior period's substantial inflow of $646 million into these funds. The week of April 8-12, 2024,

Sharpe AI Successfully Completes Seed Funding Round with Notable Investors Including Animoca Brands and GBV Capital

Sharpe AI, a trailblazer in the fintech sector providing cutting-edge AI-integrated trading tools for financial markets, has officially announced the closure of its seed funding round. This pivotal development marks a significant milestone for the company as it seeks to expand its innovative offerings across global markets. The seed round