TECHNOLOGY
Blockchain technology is an ever-growing chain of blocks, where blocks are chained together by cryptographic guaranteed hashes. Within every block are the transaction items and other extra information. It is a combination of a few technologies - cryptography, distributed ledger technology (DLT), Consensus and more.
Nodle's Smartphone-Powered Blockchain Network
Nodle turns cellphones into nodes using Bluetooth to increase IoT adoption.
Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Taurus raised $65 million
Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud
After pleading guilty to two charges of conspiracy to conduct wire fraud, former Coinbase product manager Ishan Wahi will spend at least three years.
Revolut Introduces Crypto Staking to UK and EEA
This week, Revolut's "soft testing" staking function will launch.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
Ethereum to Launch Zhejiang Public Withdrawal Testnet
Staked Ethereum is frozen until the Shanghai update.
Digital Asset Investments Surge to $117 Million
Last week, digital asset investment products experienced record inflows and volumes.
Cardano Nodes Go Offline for Half an Hour
Stake pool operators reported 50% of Cardano nodes disconnecting and restarting due to anomaly. Cardano's fintech business is investigating the anomaly's cause.
Vietnam to Propel Blockchain Training for Enhanced Competitiveness
To gain an upper hand in the blockchain sector, Vietnam is in high gear to boost human resources in this sector
Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
Since blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.
Google Cloud Introduces Blockchain Node Engine for Web3 Development
Google Cloud's latest launch, Blockchain Node Engine, aims to help Web3 developers build and deploy new products on blockchain-based platforms.
