Blockchain News

Ethereum completes its long-awaited Pectra upgrade on the mainnet

May 7, 2025 2 mins read

Ethereum has successfully implemented its significant Pectra upgrade on the mainnet, marking its most substantial enhancement since the Merge and Dencun. This upgrade, which took effect at epoch 364032 on May 7, 2023, at 6:00 a.m. ET, introduces a comprehensive set of Ethereum Improvement Proposals (EIPs) aimed at improving staking efficiency, wallet usability, and layer 2 scalability. It also lays essential groundwork for Ethereum’s long-term scaling strategy. The deployment of

Galxe Launches Passport V3 with Sumsub to Supercharge Web3 Onboarding

May 7, 2025 3 mins read

Galxe, Web3’s leading decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a leading KYC verification platform. With this new integration, Galxe Passport can ensure seamless and secure user onboarding for any Web3 business. Trusted by over 1 million users, Galxe Passport streamlines identity verification, enabling easy access to multiple decentralized apps and platforms, including Transak and Banxa,

CoolBitX Launches CoolWallet Go: The World’s First Cold Wallet with Lifetime Warranty

May 5, 2025 2 mins read

CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals. Pre-Order Offer (April 21 – May 10) CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare

ZIGChain Summit 2025 Reveals Shariah RWA Platform, $25M AI Fund, and June Mainnet Launch

May 1, 2025 5 mins read

The inaugural ZIGChain Summit 2025 brought together visionaries from all spheres of the TradFi, Web2, and Web3 world to unveil a bold new chapter in their mission to decentralized wealth generation. Held in Dubai, the event delivered three breakthrough announcements: the launch of Zamanat, a Shariah-compliant Real-World Asset (RWA) tokenization platform built on ZIGChain; a $25M Innovation Fund to support AI-powered finance tools; and the official mainnet go-live date set for June

Vitalik Buterin reveals a new Ethereum roadmap to boost Layer 2 security and finality

April 2, 2025 2 mins read

Vitalik Buterin, co-founder of Ethereum, has unveiled a new roadmap aimed at enhancing the security and efficiency of Layer 2 (L2) solutions. This plan emphasizes scalability while maintaining Ethereum’s core principles of decentralization and trustlessness. A significant aspect of the roadmap is the introduction of a “2-of-3” proof model. This model utilizes three types of provers: optimistic, zero-knowledge (ZK), and trusted execution environments (TEE). A transaction is deemed final when

Pi Network is now available in Telegram’s crypto wallet

March 31, 2025 1 min read

Pi Network has recently integrated into Telegram’s crypto wallet, which opens up access to over 1 billion monthly users. This integration allows Telegram users to buy PI tokens directly within the app, presenting a significant opportunity for Pi Network to expand in the cryptocurrency market. Telegram CEO Pavel Durov announced this development, highlighting the potential for growth in visibility and user engagement. However, Pi Network still faces significant challenges. It

Wirex launches Wirex Travel

March 28, 2025 2 mins read

Wirex has introduced a new service called Wirex Travel, which offers significant discounts on hotel bookings and cashback rewards. Users can save up to 65% on hotel stays and receive 8% cashback when they pay with a Wirex card. This launch directly competes with Travala, a well-established platform in the crypto travel market backed by Binance. Wirex is known for its Web3 money app and is now expanding into the

Celo officially moves from a standalone Layer-1 to an Ethereum Layer-2

March 27, 2025 2 mins read

Celo has transitioned from a standalone Layer-1 blockchain to an Ethereum Layer-2 network using Optimism’s OP Stack. This change, finalized after 20 months of testing, enhances speed, security, and developer access while maintaining low transaction costs. The migration began at block height 31,056,500, with validators pausing block production to initiate the switch. Celo L2 went live shortly after, resuming block production in under two hours. The move was proposed by

Google Cloud is now an official validator for Injective

March 27, 2025 1 min read

Google Cloud has become an official validator for Injective, a decentralized finance (DeFi) blockchain. This announcement was made on Wednesday. By joining Injective, Google Cloud will work alongside other validators like Deutsche Telekom MMS. Their role is to secure the Injective network, validate transactions, and support decentralization. Google Cloud brings advanced infrastructure and expertise to Injective. This partnership will improve security and transaction validation for the network. Injective is now

Decentralized social media Farcaster launches its mainnet

March 24, 2025 1 min read

Farcaster has introduced a new protocol called Snapchain, which is similar to blockchain technology. This announcement came alongside the launch of their “Airdrop Offers” program. This program rewards users for actively engaging with the decentralized social media platform. Co-founder Varun Srinivasan revealed that Snapchain can process over 10,000 transactions per second. The development of Snapchain took only six months, moving quickly from concept to a functioning product. This new system

Fidelity launches an Ethereum-based share class called “OnChain”

March 24, 2025 1 min read

Fidelity Investments is introducing a new share class called ‘OnChain’ for its Treasury money market fund. This initiative is based on the Ethereum blockchain and was announced in a recent filing with the U.S. Securities and Exchange Commission (SEC). Fidelity, which manages about $5.9 trillion in assets, will issue shares of its Fidelity Treasury Digital Fund (FYHXX) that will be recorded on the Ethereum blockchain. The OnChain share class aims

Coinbase introduces Verified Pools

March 19, 2025 1 min read

Coinbase has launched Verified Pools, a new service aimed at institutional traders. This service provides a secure and efficient on-chain liquidity solution. Verified Pools offer high liquidity while ensuring strict identity verification, including KYC and sanctions screening. This compliance is crucial for addressing common concerns of institutional investors, such as counterparty risk and regulatory issues. Unlike traditional liquidity pools, which may lack security for large investors, Coinbase’s Verified Pools require