Blockchain News

Arkham Intelligence Expands by Adding Support for Flare Blockchain

September 30, 2023 1 min read

Arkham Intelligence has recently announced its support for Flare, a blockchain designed to offer developers efficient and cost-effective access to various distributed data sources. This collaboration opens up opportunities for Flare users to leverage Arkham’s tools and platforms for enhanced insights into network data and on-chain analytics. Flare’s CEO, Hugo Philion, highlighted the importance of providing network builders and participants with robust analytics tools to make data-driven decisions, emphasizing that

Shanghai Reveals Blockchain Initiatives for Trade, Metaverse, and Efficient Government Operations

September 28, 2023 2 mins read

Shanghai has released a plan outlining its blockchain development goals up to 2025 as part of its continued efforts to embrace web3 technologies. Under this plan, Shanghai aims to achieve significant advancements in various aspects of blockchain technology. These include enhancing blockchain system security, developing cryptographic algorithms, creating specialized processors for blockchain, improving smart contracts, advancing cross-chain capabilities, upgrading storage solutions, enhancing privacy computing, and strengthening regulatory frameworks, according to

Google Cloud Expands BigQuery with 11 New Blockchains for Data Analytics

September 22, 2023 1 min read

Google Cloud’s BigQuery data analytics service has expanded its support to include 11 additional blockchains. These newly integrated blockchains are Avalanche, Arbitrum, Cronos, Fantom, Near, Optimism, Polkadot, Polygon, and Tron, as well as the test networks Polygon Mumbai and Ethereum Goerli. With this expansion, Google Cloud users can now perform more intricate on-chain queries, such as analyzing the number of NFTs created or comparing transaction fees across these various blockchain

Polygon 2.0: MATIC Token Set for Upgrade to POL

September 15, 2023 2 mins read

Polygon Labs development team officially kicks off the much-anticipated Polygon 2.0 implementation. This major step forward was heralded by a recent tweet from the team, revealing the launch of three Polygon Improvement Proposals (PIPs) and offering a glimpse into Phase 0 of this ambitious upgrade. In their tweet, Polygon Labs was quick to remind us that the roadmap for Polygon 2.0 was unveiled back in July. The overarching goal of

JPMorgan Explores Blockchain-Powered Deposit Token for Faster International Payments

September 8, 2023 1 min read

JPMorgan Chase & Co., the largest bank in the United States, is reportedly contemplating the launch of a novel digital currency. This digital currency aims to expedite cross-border financial transactions. While the project is still in its early stages, insiders with knowledge of the matter, who chose to remain anonymous, revealed that JPMorgan is exploring the concept of a blockchain-based deposit token. This token would serve as a transferable digital

Shiba Inu Team Teases Highly Anticipated Shibarium Mainnet Release

August 13, 2023 1 min read

The Shiba Inu community is abuzz with anticipation as the team drops hints about the imminent launch of the Shibarium mainnet. All eyes are on the upcoming Blockchain Futurist Conference and ETH hackathon in Canada, where the grand debut is expected to take place. As the cryptocurrency market experiences a sideways movement following the U.S. SEC’s spot Bitcoin ETF delay announcement, the SHIB price has been bucking the trend with

Project Catalyst Unveils Innovative Testnet Rollout to Fuel Cardano Ecosystem Evolution

August 3, 2023 2 mins read

Project Catalyst, renowned globally as a pioneering decentralized grant fund and a driving force behind the Cardano ecosystem’s innovation, has taken a monumental step by introducing a groundbreaking solution to reshape its capabilities and performance. With a focus on bolstering stability and creating an optimal environment for collaboration and exploration, the fund is set to operate multiple testnet instances alongside its mainnet, ushering in a new era of development. As

BlackRock CEO Larry Fink Confirms Increasing Interest in Bitcoin and Ethereum Among Gold Investors

July 17, 2023 2 mins read

BlackRock’s CEO Larry Fink recently shared his optimism about the increasing demand for cryptocurrencies like Bitcoin among gold investors. During an interview on CNBC, Fink highlighted the interest of gold investors in exploring the role of crypto, noting the potential for exchange-traded funds (ETFs) to democratize access to both gold and digital currencies. Fink revealed that over the past five years, there has been a growing number of gold investors

Mastercard Develops Ethereum-Based App Store for Regulated Financial Apps

June 30, 2023 1 min read

Mastercard, the global payments giant, is set to venture further into the world of cryptocurrencies and blockchain technology with the launch of its “Multi Token Network” (MTN). The MTN will serve as an app store powered by blockchain technologies, providing a platform for building regulated financial applications. With this move, Mastercard aims to support the wider digital asset industry and promote confidence in its future. Through the MTN, developers will

Mythical Games Secures $37 Million in Series C1 Funding to Fuel Web3 Gaming Innovation

June 27, 2023 1 min read

Web3 gaming company Mythical Games has successfully raised $37 million in a Series C1 funding round, led by Scytale Digital, a digital asset manager. The funding round attracted prominent investors such as ARK Invest, Animoca Brands, PROOF, Stanford Athletics, and MoonPay. Existing investors including Andreessen Horowitz, WestCap, Gaingels, Signum Growth, and Struck Capital also participated in the round. According to CEO John Linden, the terms of the funding round resembled

Terra Luna Classic’s Joint L1 Task Force Proposes Community-Owned Wallet with L2 Team Integration

June 22, 2023 1 min read

The Terra Luna Classic core developer group, Joint L1 Task Force (L1TF), has recently submitted a proposal on Commonwealth, outlining their plan to build a community-owned wallet. Currently, Terra Classic utilizes L2 wallet dApp providers like TFL (Station), Keplr, and Trust Wallet, among others. However, none of these providers are owned by the community, as they are forked versions of Station Wallet owned by individual groups. According to the proposal,

Polygon Labs Unveils ‘zkEVM Validium’ Layer 2 Upgrade

June 21, 2023 2 mins read

Polygon Labs, the team behind the widely-used Polygon PoS chain, has recently unveiled a groundbreaking proposal for a significant upgrade to the network. This upgrade aims to introduce a revolutionary decentralized Layer 2 (L2) solution, fortified by zero-knowledge (ZK) proofs, which will enhance the security, performance, and overall functionality of the Polygon ecosystem. Referred to as Polygon 2.0, this upgrade holds immense promise for the future of blockchain technology. What