Blockchain

Blockchain technology can be described a digital ledger that consists of a growing list of records – blocks – linked using cryptography. Each block contains information such as a timestamp, transaction data, and more, that can be permanently verified. While data on these blocks isn’t unalterable, blockchains are resistant to modification, especially if decentralized.

Blockchain technology was invented by the person or group behind the Satoshi Nakamoto pseudonym, which was behind the creation of the first cryptocurrency: Bitcoin. It allows the cryptocurrency to be decentralized and solves the double-spending problem without the need for a trusted authority. As a result, Bitcoin transactions are peer-to-peer.

This type of technology has over the years been deployed for a number of uses, including tracking the supply chain of supermarkets. Various cryptocurrency naysayers argue blockchain tech has potential.

On this page you'll find news related to this technology.

Blockchain

CommBank CEO on Risks of Crypto: ‘We See Bigger Risks in Not Participating’

The chief executive officer (CEO) of one of Australia’s largest banks says that the risks of not participating in cryptocurrency are “bigger” than the inherent market risk.  According to a report by Bitcoin.com, Matt Comyn, CEO of Commonwealth Bank of Australia (aka “CommBank”) explained his opinion towards cryptoassets. During an interview with Bloomberg Television in […]
Bitcoin Blockchain Ethereum

$BTC and $ETH Accepted As Payment Methods for Blockchain Course by a Top Business School

The Wharton School of the University of Pennsylvania, which is the business school of the University of Pennsylvania (America’s first university), is accepting crypto as payment for a new course on blockchain technology and cryptoassets. Wharton is world’s first collegiate business school. Past Wharton students include Tesla CEO Elon Musk, Alphabet CEO Sundar Pichai, Berkshire […]
Blockchain NFTs

Valve: Steam-Powered Games Cannot “Issue or Allow Exchange of Cryptocurrencies or NFTs”

Video game company Valve Corporation, the developer of the software distribution platform Steam, has apparently quietly updated its guidelines for game developers to include a new crypto-related rule. The “Onboarding” section of the Steamworks documentation has a new rule (#13) that states games developers should not publish on Steam “applications built on blockchain technology that […]
Blockchain RegTech

RegTech Firm Elliptic Using $60M Fundraise To Accelerate Adoption of Crypto

Elliptic, a leading firm in the RegTech space, has announced that its Series C funding round raised $60 million from existing investors, such as Wells Fargo Strategic Capital, and new investors, such as SoftBank Group. What Does Elliptic Do? Elliptic provides blockchain analytics to help firms achieve regulatory compliance when dealing with the cryptoasset space […]
Blockchain Regulation

How Texas Is Planning to Become a Leader in the Use of Blockchain Technology and Cryptocurrency

The state of Texas is reportedly aiming to become a world leader in blockchain technology in general and cryptoasset mining in particular following the latest crypto crackdown in China.  According to a report by Forbes published yesterday (October 2), former U.S. Army Captain Lee Bratcher, who is the Founder and President of the Texas Blockchain […]
Blockchain

Deloitte’s Survey Paints a Bright Future for Crypto

The results of a recent survey by Big Four accounting firm Deloitte suggest that most finance professionals believe that digital currencies are the future of money. According to a report by Decrypt, Deloitte’s 2021 Annual Global Blockchain Survey found that 76% of finance professionals believe digital assets will serve as a “strong alternative to, or […]
Blockchain Ethereum

Microsoft Considering Using Ethereum ($ETH) to Combat Piracy

Microsoft, the software and personal computing giant behind the Windows and Xbox brand, has published a new research paper showing how Ethereum can be used to combat piracy.  According to Cointelegraph, Microsoft’s research department, in conjunction with participants from Alibaba and Carnegie Mellon University, has released a new research paper studying a blockchain-based incentive system […]
Altcoins Blockchain

Crypto.com’s Cronos Network integrates Chainlink competitor Band Protocol

Crypto.com’s parallel chain, Cronos is integrating the decentralized cross-chain oracle network, Band Protocol to provide reliable and trustless data for decentralized finance (DeFi) applications running on it. In a statement, Cronos announced the integration of Band Protocol oracle solution in an aim to enhance the development of DeFi applications on its network. The integration with […]
Blockchain

The Joys and Hardships of Building a Web 3.0 Social Dapp Platform

Written by: Alex Siman, founder of Subsocial – a Polkadot-based decentralized social network platform I’ll start with answering a question: why do we need decentralized social decentralized applications (dapps) in the first place? Well, the way we communicate has changed greatly since 2004-2006, when Facebook, YouTube, Twitter, and the other Web 2.0 social networks were […]
Altcoins Blockchain

Crypto Analyst: These Two Blockchain Platforms Could Beat Ethereum and Cardano

Popular cryptoasset influencer and analyst Ben Armstrong has named two high-speed L1 blockchains that have the potential to “unseat the big boys” (including Ethereum, Cardano, Polkadot, and Binance Smart Chain). According to a report by The Daily Hodl, in a video released on June 23 on his very popular YouTube channel “BitBoy Crypto“, Armstrong made interesting comments […]
Bitcoin Blockchain Cardano

Professor Kiayias: ‘Cardano Is Unique Because It Was Built With Interoperability in Mind’

Recently, Professor Aggelos Kiayias, Chief Scientist at blockchain technology company IOHK, talked about blockchain interoperability, energy consumption, and security, in particular discussing Bitcoin, Dogecoin, Cardano, and quantum cryptography. Professor Kiayias’ comments were made during an interview with “Cyber Protection Magazine” (a publication that discusses cyber security “in terms the C-suite and business leaders can understand”), which […]
Blockchain Polygon

Polygon ($MATIC) Data Now Searchable With Help of Google Cloud’s Big Query

The Etheruem layer-two scaling solution Polygon (MATIC) has announced its blockchain datasets have been integrated on Google Cloud, allowing developers, data analysts, and crypto enthusiasts to better understand the Polygon blockchain. With support from Google’s BigQuery, a “serverless, highly scalable, and cost-effective multicloud data warehouse designed for business agility,” Polygon’s datasets are now listed on […]
Blockchain Business

Increasing Popularity of Crypto Pressures Samsung to Add Hardware Wallet Support to Its Galaxy Smartphones

South Korean tech giant Samsung has added support for third-party cryptocurrency hardware wallets to its Galaxy smartphones. These wallets including the Ledger Nano S and Nano X. According to an announcement the company published, its smartphones supporting the Samsung Blockchain Wallet – which is available on the Samsung Galaxy store – can now be linked […]
Blockchain Cardano

Cardano ($ADA) Founder: “We’re Getting Nation States To Do Cool Things”

In a recent interview, Charles Hoskinson, Co-Founder and CEO of Input Output Global (IOG), the company responsible for building Cardano, talked about some of the key concepts of blockchain technology in the context of Cardano’s research and development work. Hoskinson made his comments during an interesting interview with Forbes that was published on Monday (April 26). […]
Altcoins Blockchain Business

VeChain’s Big Name Partnerships Propel $VET To New All-Time High

Enterprise-level partnerships and an emphasis on real-world deals have propelled the price of VeChain’s $VET token to a new all-time high.  According to a report by Cointelegraph, VeChain has become validated in the eyes of large-cap investors due to a series of enterprise-level partnerships. VeChain is a blockchain project that seeks to integrate decentralized governance […]
Altcoins Blockchain Smart Contracts

Coin Bureau Reviews Elrond ($EGLD)

Recently, crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) talked about what he considers one of the smart contract platforms in the world. In a video (titled “Elrond: Next BEST Smart Contract Blockchain??“) released on YouTube channel “Coin Bureau“, the show’s pseudonymous host told the channel’s over 652K subscribers about Elrond ($EGLD). The crypto influencer had this to say about Elrond: […]
Altcoins Blockchain Stablecoins

Tether Is Planning to Launch New Version of USDT on Polkadot and Kusama

On Tuesday (April 6), Tether Operations Limited (“Tether”), the company that issues the largest stablecoin by market capitalization, announced that it is planning to launch Tether tokens (“USDt”) on the Polkadot network. Before USDt gets launched on Polkadot, it will go live on Kusama, which is currently serving as a canary/test network (or pre-production environment) […]
Altcoins Blockchain Press Releases

Merchant Token (MTO): A Cryptocurrency That Brings Consumer Protection to Blockchain Payments

HIPS Payment Group Ltd., a provider of innovative and cost-effective e-commerce and mobile payment solutions, today announced that their highly anticipated cryptocurrency, Merchant Token (MTO), has launched, alongside their Merchant Protocol (HMP) and the Hips Merchant Protocol Gateway (HMP-gateway). HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP- gateway), and the governing Merchant Token […]
Blockchain DeFi

How Decentralized Service Level Agreements Could Help With Hedging Infrastructure Risk

This article looks at how decentralized service level agreements (SLAs) could help with hedging against infrastructure risk, such as delegation risks with Proof-of-Stake (PoS) blockchains. Blockchain technology has allowed for users to transact and send value in a “trustless” environment by removing third-party middlemen. The most basic example of this is Bitcoin, which allows anyone […]
Blockchain Exchanges Press Releases

KuCoin Test Network Kratos Beta Officially Ends

KuCoin, one of the world’s top cryptocurrency exchanges, announces that their KuChain team is bringing Kratos beta network to the next stage of development. The team shares gratitude with the community who participated in the beta launch.  The official statement on KuCoin’s blog assures the community that the Kratos beta laid the foundation for important […]

American Pro Baseball Team Oakland Athletics on Bitcoin: ‘We Are Going To Hold It’

On Friday (March 26), Dave Kaval, president of American pro baseball team Oakland A’s talked about Bitcoin and blockchain technology during an interview with Emily Chang on “Bloomberg Technology” (a daily show on Bloomberg TV). On March 14, the A’s issued a press release, which stated that from March 14 through April 1 (Opening Day), […]

How Blockchain Forensics Is Maturing the Crypto Industry

For many years, Bitcoin and other cryptocurrency projects have gotten a bad reputation among mainstream audiences and also in the eyes of regulators and authorities. Bitcoin has been frequently associated with cybercrime and terrorism finance, although data has often suggested that the U.S. dollar is much more prevalent in these activities. Bitcoin’s pseudonymous nature and […]

How XRP Ledger Can Help Central Banks Create and Manage Digital Currencies

FinTech firm Ripple says that it is “piloting” a private version of the open-source public XRP Ledger (XRPL) to allow central banks to create and manage their own digital currencies. The XRP Ledger was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, and XRP is the native currency of the XRP Ledger. […]

Elrond (EGLD) CEO Targeting One Billion New Crypto Users With Simplified Experience

Elrond CEO Biniamin Mincu says his project is focused on simplifying the crypto experience in order to onboard one billion new users.

NFT Marketplace ‘NBA Top Shot’ Volume Has Exploded Over the Past Month

NBA Top Shot, a blockchain-based platform allowing fans to buy and sell collective highlights called “Moments,” has seen a surge in volume over the past month amidst the general surge in interest for crypto-assets.  According to a report by Forbes published on February 20, Top Shot generated $53.9 million in sales last week, giving an […]

Billionaire Mark Cuban on Stock Market, HODLing, DeFi, NFTs

Recently, Mark Cuban shared his thoughts on the the stock market, decentralized finance (DeFi), and non-fungible token (NFTs) during an “Ask Me Anything” (AMA) session. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC […]

Kraken CEO Jesse Powell: ‘DeFi Is Really Eating the World of Finance’

In a recent interview with Yahoo Finance, Kraken Co-Founder and CEO Jesse Powell talked about Bitcoin, Ethereum, decentralized finance (DeFi), tokenization of stocks, and Dogecoin (DOGE). Below are a few highlights of the comments the Kraken CEO made during his discussion with Yahoo Finance’s Akiko Fujita and Zack Guzman. Equity Markets Powell argues that the lack of transparency in […]

JPMorgan Chase CEO on Blockchain Technology and the ‘Very Very Tough Competition’ Against FinTech Firms

On Friday (January 15), during the JPMorgan Chase Q4 2020 Earnings Call, CFO Jennifer Piepszak and Chairman and CEO Jamie Dimon talked about blockchain technology and the “very very tough competition” in the next 10 years against FinTech firms. During the Questions & Answers segment of the conference call, Charles Peabody, President of Portales Partners, […]

San Francisco Bitcoiner Has Two Guesses Left Before Wallet Encrypts $240M in BTC Forever

A San Francisco-based programmer has two guesses remaining to access his digital wallet containing 7,000 BTC before the funds are encrypted and lost for good.

OKEx Announces Mainnet Launch of ‘High-Performance Trading Chain’ OKExChain

Popular bitcoin exchange OKEx has announced the mainnet launch of its “high-performance trading chain” OKExChain for January of next year, across four main stages that will ensure the network’s security and reliability. According to OKEx, OKExChain has been in development for “just under three years,” and went through three major phases on its journey to […]

IBC Chairman Khurram Shroff Predicts Crypto Replacing Bullion

IBC Chairman Khurram Shroff says cryptocurrencies will replace bullion in the future after the pandemic exposed the lack of transparency in physical good marketplaces.

IoT Advances Into Blockchain – Transactions With No Human Interaction

It was in 2019 when a robot-artist sold its first drawing for cryptocurrency. Having received an order directly from a customer via a mobile app, it/he/she, the robot, generated a picture and got paid for its work in cryptocurrency, to recover its consumed electricity and paint costs. A robot requests remuneration and covers its expenses. […]

U.S. Treasury’s Brian Brooks: ‘Nobody Is Going to Ban Bitcoin’

On Friday (December 4), during an interview on CNBC’s “Squawk Box“, Brian P. Brooks, Acting Comptroller (since May) at the Office of the Comptroller of the Currency (OCC), said that “nobody is going to ban Bitcoin.” Brooks is currently also a member of the Board of Directors of Federal Deposit Insurance Corporation (FDIC). Between September 2018 and […]

What Biden’s Pick for Treasury Secretary Has Said About Bitcoin and Blockchain

This article looks at what Former Federal Reserve Chair Dr. Janet Yellen, the person who is expected to be the next U.S. Treasury Secretary, has said in the past about Bitcoin and blockchain technology. On November 23, the Wall Street Journal (WSJ) reported that President-elect Joe Biden will nominate Yellen to become his secretary of […]

Some Bitcoin Investor Paid $47,000 to Send $194 in BTC

An anonymous bitcoin user paid $47,000 in fees to send just $194 BTC, joining the growing list of crypto users making costly transaction errors.

Tezos (XTZ) Blockchain Upgrade ‘ Delphi’ Cuts Smart Contract Fees to Attract DeFi

Tezos (XTZ), a decentralized blockchain facilitating smart contracts and decentralized applications with a Proof-of-Stake (PoS) consensus algorithm, has completed its fourth upgrade in two years, ‘Delphi’, which reduces smart contract gas fees by 75%. The upgrade, disclosed in an announcement, was developed by Nomadic Labs, Metastate and Marigold. Its most important feature, the document says, […]

Bitcoin Cash to Undergo a Contentious Hard Fork : What you Need to Know

The Bitcoin Cash blockchain, created through a hard fork of the Bitcoin blockchain, is set to undergo a contentious hard fork on November 15, which could lead to a chain split. Bitcoin Cash’s blockchain split back in 2018 to create Bitcoin Satoshi’s Vision (SV), and now another contentious hard fork threatens to split the chain. […]

Bitcoin Lightning Node Operators Prepare for Wave of New Users Following Bull Run

Routing node operators for Bitcoin’s Lightning Network are preparing for a wave of new users as BTC enters a bull run.  Lightning Network (LN), which launched in 2018 as a solution for cheaper and real-time payments, is preparing for an uptick in usage following the most recent Bitcoin price rally. According to a report by […]

Luxury Watchmaker Breitling Partnering to Offer Digital Certificates on Ethereum

Luxury watchmaker Breitling is partnering with blockchain solutions company Arianee to issue digital certificates for its timepieces.

Villanova Sending Ethereum into Space to Test Sattelite Communication

Villanova University’s College of Engineering is sending a private ethereum blockchain into space to test its impact on inter-satellite communication.

Active Bitcoin Addresses Reach 2017s High When Price Was Near $20,000

Active addresses on bitcoin’s network have reached their highest point since December 2017, when the price of BTC was trading for $20K.

Crypto Card Game Splinterlands Announces Support for Brave’s Basic Attention (BAT) Token

Cryptocurrency card game Splinterlands has announced support for privacy-centric Brave browser’s Basic Attention Token (BAT).

UK Cooperative CEO Calls New R3 Corda Network ‘Next-Generation Bitcoin’

Cordite Society Limited CEO Richard Crook calls the new R3 Corda network “next-generation bitcoin” and says the XDC token will improve upon early-generation crypto-assets.

Bitcoin-Themed Art Piece Sells for $130,000 at Christie’s New York

The bitcoin-themed piece of art Block 21, which depicts a portion of Satoshi Nakamoto’s original code, sold at Christie’s auction house for over $130K.

Block.one CEO Brendan Blumer Welcomes Google Cloud to the EOS Community

On Tuesday (October 6), blockchain software company Block.one, which develops the software that implements the EOSIO protocol powering the EOS network, announced that cloud computing provider Google Cloud will “join the EOS community and is taking steps to become an EOS network block producer.” Block producers in EOS are like miners in Proof-of-Work (PoW) blockchains such […]

FinTech Firm Ripple Partners With Pan-European Payment Institution ‘Lemonway’

On Tuesday (October 6), Californian FinTech firm Ripple announced that French firm Lemonway had joined RippleNet to “unlock faster euro-to-euro payments.” Paris-headquartered Lemonway was founded in 2007. It is “a pan-European Payment Institution that offers a solution dedicated to marketplaces, crowdfunding platforms, as well as to large groups requiring payment and fundraising services on behalf […]

Ripple Considering Moving Headquarters to a More Crypto-Friendly Jurisdiction

On Tuesday (October 6), Chris Larsen, Co-Founder and Executive Chairman of Fintech firm Ripple Labs, said that his firm is considering moving its headquarters from San Francisco, California to a more crypto-friendly jurisdiction in Europe or Asia. Chris Larsen was born in San Francisco, California, and got his bachelor’s degree (B.S.) in accounting and business administration in […]

Blockchain-Powered Real Estate Transaction Platform Gets Funding From Tim Draper

Caifornian startup Propy, which has developed a platform that uses blockchain technology for easier, faster, and more secure real estate transaction management, has secured funding from legendary tech investor Tim Draper. Palo Alto-based Propy was co-founded by Natalia Karayaneva (the company’s CEO) and Denitza Tyufekchieva. Its ICO (PRO) in August-September 2017 raised around $15.37. Last […]

SingularityNET Announces Partnership With Cardano Creator IOHK

Artificial intelligence marketplace SingularityNET has announced a new collaboration with Cardano’s creator IOHK to improve the scalability of AI services.

Decentralized App Platform Blockstack Will Use Chainlink As Its Oracle Solution

On Wednesday (September 30), Blockstack PBC said that it will integrate decentralized oracle framework Chainlink “as the preferred oracle solution for the Blockstack and Algorand-supported Clarity smart contract language.” In a blog post published earlier today, Mitchell Cuevas, Blockstack’s Marketing Partner, wrote that “Blockstack developers will soon be able to build sophisticated Clarity smart contracts that are enhanced with […]

‘I’m doubtful’: Nobel Prize-Winning Economist Shares Opinion on Smart Contracts

Nobel Prize-winning economist Oliver Hart shared his thoughts on smart contracts, saying the technology was less applicable in long-term relationships.

Ripple-backed XRP Ledger Foundation Aims to Help With Adoption of XRP Ledger

On Thursday (September 24), independent and non-profit entity XRP Ledger Foundation announced that it had just launched and that its mission is “to accelerate the development and adoption of the decentralized XRP Ledger.” Here is a brief explanation of the XRP Ledger: “The XRP Ledger is “an online system for payments, powered by a community without a […]

Twitter and Square CEO Jack Dorsey Talks About Blockchain and Bitcoin

On Friday (September 25), Jack Dorsey, the CEO of Twitter and Square, spoke at this year’s Oslo Freedom Forum (OFF) explained the importance of blockchain technology to micro-blogging platform Twitter. Oslo Freedom Forum is “a series of global conferences run by the New York-based non-profit Human Rights Foundation (HRF) under the slogan ‘Challenging Power’.” At […]

Crypto Bull Lark Davis Points to New Trend for DeFi Market

Popular crypto influencer Lark Davis calls non-fungible tokens (NFTs) the next big thing for the DeFi industry, noting their application beyond digital art and gaming.

Bitcoin Bull Anthony Pompliano Bets on Blockchain as the Future for Digital Art

Anthony “Pomp” Pompliano is betting on blockchain being the future for the digital art industry, announcing an investment into the Winkelvoss-backed Nifty Gateway.

NiceHash Denies It Enabled 51% Attacks on Ethereum Classic

Hashing brokerage giant NiceHash has denied its involvement in a 51 percent attack on ethereum classic’s blockchain at the end of July.

Stablcoin Tether (USDT) Launches on High-Speed Blockchain ‘Solana’

Tether says that its fiat-pegged stablecoin Tether (USDT) has gone live on the Solana blockchain. Solana is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. Solana protocol was created by Solana Labs, which is backed by investors such as Multicoin Capital, Slow Ventures, Foundation Capital, 500 […]

Binance Buys Digital LAND in Blockchain-Based Gaming Platform The Sandbox

Binance has announced the purchase LAND NFTs from its most recent Launchpad project The Sandbox, a gaming platform that utilizes blockchain.

Block.One CEO Criticizes Ethereum for ‘Slow, Costly’ Transactions

Block.One CEO Brendan Blumer blasted ethereum for high transaction fees and network congestion, while praising EOS for being a substantial improvement.

US Air Force Renews Contract With Chainalysis For Nearly $800K

The US Air Force has agreed to a third contract with blockchain analytics firm Chainalysis for nearly $800,000.

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