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Technology

A collection of 223 issues

Telegram's Pre-IPO Valuation Hits $30 Billion as it Eyes Public Listing

Telegram, the widely-used messaging platform, has recently been valued at over $30 billion ahead of a potential Initial Public Offering (IPO), as disclosed by Pavel Durov, the founder and owner of Telegram, in an interview with the Financial Times. This pre-IPO valuation stems from interest expressed by potential investors, including

"Vitalik Buterin Declares Ethereum Quantum-Resistant: A Proactive Approach Against Quantum Threats"

In an insightful note on Ethereum's resilience to quantum computing attacks, Vitalik Buterin, the co-founder of the Ethereum project, has expressed his confidence in the blockchain's ability to withstand such futuristic threats. Highlighting the minimal potential damage a quantum hack could inflict, Buterin underscored the readiness

zkLink Unveils zkLink Nova: A Pioneering Level 3 Zero-Knowledge Aggregation Network

zkLink, a trailblazer in blockchain technology, has officially launched its latest innovation, zkLink Nova, a Level 3 zero-knowledge (ZK) rollup suite compatible with the Ethereum Virtual Machine (EVM). This groundbreaking network is engineered to aggregate fragmented liquidity across Ethereum’s Level 2 rollup solutions, marking a significant advancement in decentralized

The trading volume of spot bitcoin-ETFs has reached $10 billion for the first time

On March 5th, 2024, the trading volume of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States reached an unprecedented $10 billion, marking a new milestone since the launch of these funds in January 2024. This historic achievement highlights a significant surge in interest and investment in Bitcoin ETFs, amidst

South Korea's Regulator Launches Investigation into Worldcoin Amid Privacy Concerns

In a recent development that highlights the growing concerns around data privacy in the digital age, South Korea's Personal Information Protection Committee has initiated an investigation into Worldcoin, a project that has raised eyebrows globally for its data collection practices. The investigation was prompted by a series of

Cyber Theft in the Cryptocurrency Sector Surpasses $200 Million in Early 2024, Marking a 15.4% Increase from the Previous Year

As the digital age continues to evolve, the cryptocurrency industry finds itself increasingly at the mercy of cybercriminals, with the early months of 2024 witnessing a significant uptick in theft. According to a recent report by Immunefi, a leading security services provider for the crypto sector, over $200 million has

Bitcoin Aims to Solidify Its Position Above $61,000 as Liquidations in Futures Contracts Surge

In a dynamic shift within the crypto asset market, Bitcoin is making a determined push to cement its value above the $61,000 mark. This move comes amidst a substantial increase in liquidations related to futures contracts, with losses exceeding $320 million, according to a report by incrypted.com. The

Magic Square Acquires TruePNL: A Strategic Move to Dominate Launchpad Platforms and Staking Segments

In a significant move that underscores the ever-evolving dynamics of the Web3 application platform landscape, Magic Square has officially acquired TruePNL, the renowned launchpad. This strategic acquisition marks a pivotal moment for both entities, promising to reshape the future of launchpad platforms and staking segments. Incrypted CEO of TruePNL, Russel

Major Fraud Uncovered in the Blast Ecosystem: RiskOnBlast Team Pulls Off a $1.3 Million Rug Pull

In what marks a significant breach of trust within the burgeoning Blast ecosystem, the RiskOnBlast project team executed a rug pull, absconding with over $1.3 million worth of cryptocurrency. This incident, which saw the diversion of more than 420 ETH (Ethereum), represents the first major case of fraud in

MetaMask Elevates User Security with Innovative Blockaid Integration Across Diverse Blockchain Networks

In a groundbreaking move that significantly bolsters cryptocurrency wallet security, MetaMask has unveiled the integration of Blockaid security alerts into its platform, now a staple feature for users of its extension and mobile app across an array of blockchain networks. This latest enhancement, emerging from a successful beta phase, is