Internet Computer Protocol (ICP) is set to host Chain Fusion Hub @ Token2049, a 2-full day series of conference events on AI and cross-chain technology within the blockchain industry. Chain Fusion Hub takes place during Token2049 Singapore and Asia Crypto Week, ahead of Formula 1 Singapore Grand Prix 2024. Leading...
Stablecoin Adoption Hits 8.7 Million Wallets Amid Market Fluctuations
The adoption of stablecoins has surged, with a recent report from CoinGecko revealing that 8.7 million wallet addresses now hold these digital assets. This growth underlines the growing function that stablecoins perform in the crypto sphere, being a stable link between legacy finance and blockchain. In this report, Tether (USDT)...
Bitcoin Slips Ahead of Fed Rate Cut Announcement
Bitcoin dropped on Monday as global markets braced for a significant Federal Reserve policy change later this week. The largest cryptocurrency fell by as much as 2.06% early in the day but later stabilized at $58,733 at the time of writing. Other popular digital currencies like Ether and Dogecoin also...
Bitfarms Will Add 2.2 EH/s of Power to Stronghold Digital’s Facility in October
Bitfarms will add 10,000 Bitmain T21 miners to a Stronghold Digital facility to increase computing power and diversify its operations. Bitcoin mining firms Bitfarms and Stronghold Digital have entered an agreement, which will see the former add 10,000 Bitmain T21 miners to the latter’s Panther Creek site in Pennsylvania. This...
Circle and Sony Introduce USDC on Soneium Blockchain for Creators
Circle has partnered with Sony’s blockchain to increase USDC adoption on the Soneium L2 network. The Bridged USDC Standard enables Web3 producers to make safe, digital dollar payments. On September 15, Circle, the world’s second-largest stablecoin issuer, announced a collaboration with Sony Block Solutions Labs to increase USDC acceptance on...
Last Two Weeks of the “Rootstock World Tour” Campaign
Montevideo, Uruguay, September 16th, 2024, Chainwire The Rootstock community is set to conclude the “Rootstock World Tour,” one of its largest ecosystem campaigns, on September 30, 2024. This campaign, hosted on the Galxe platform, is bringing together partners from across the Rootstock ecosystem, offering users interactive opportunities to engage with...
Lazarus Group’s $5 Million in Stablecoins Frozen Following Investigation
The Lazarus Group, a notorious hacking organization with links to North Korea, has had nearly $5 million worth of stablecoins frozen by major issuers following an extensive investigation led by blockchain analyst ZachXBT. This action was taken after the group realized it had been laundering cryptocurrency funds through different blockchain...
Bitstamp to Launch Crypto Derivatives Exchange, Strengthens Partnership with Ripple
Crypto exchange Bitstamp has announced plans to launch a new crypto derivatives exchange in the coming months. This development follows Bitstamp’s upcoming acquisition by Robinhood, the commission-free trading platform. During the BuiltOnXRPL series, Eva Gartner, Bitstamp’s Head of Strategic Partnerships and Corporate Development, disclosed the development. She also showed a...
CARV and LayerZero Team Up to Revolutionize Cross-Chain Gaming Data
CARV, a leading name in modular data solutions for gaming and AI, has announced an exciting partnership with LayerZero, a technology firm specializing in cross-chain data mobility. This partnership is part of initiatives to tackle some prominent issues in blockchain gaming and AI, including the efficiency of data exchange between...
New UK Legislation to Define Bitcoin and NFTs as Personal Property
The British government has taken a significant step by introducing a new bill in Parliament to clarify the legal status of digital assets, such as Bitcoin, other cryptocurrencies, and NFTs. The legislation laid down in this proposal aims to categorize digital assets as personal property under the law of England...