Blockchain Technology

Joana Cotar, a member of the German Bundestag, criticized the government's decision to sell off Bitcoin (CRYPTO: BTC) holdings. In a letter to key government officials — Saxon State Premier Michael Kretschmer, Federal Finance Minister Christian Lindner, and Chancellor Olaf Scholz — Cotar outlines...

U.S. SEC chair Gary Gensler highlighted on Tuesday the smooth progress of Ethereum ETF filings, indicating that the final decision lies with asset managers to make full disclosures for the registration statements to go effective. Speaking at the Bloomberg Invest Summit, he said, “I don’...

In the early hours of Asian trading, Curve's (CRYPTO: CRV) token experienced a 30% drop, spurred by the automatic liquidation of some loan positions linked to the protocol’s founder, Michael Egorov. What Happened: This liquidation triggered a wave of selling activity, significantly impacting...

Roy Hui, CEO & Co-founder of LightLink, sees both similarities and stark differences between the early days of the internet and the current evolution of blockchain technology. In an interview with Benzinga, Hui acknowledged the shared initial excitement and bubbles that accompany...

Public blockchains, the technology underpinning cryptocurrencies like Bitcoin (CRYPTO: BTC), may not be mature enough to handle the demands of large financial transactions, according to a high-ranking executive at JPMorgan Chase & Co (NYSE:JPM). What Happened: Umar Farooq, CEO of JPMorgan...

Payments giant Block (NYSE:SQ) announced the company is no longer just designing cutting-edge mining chips, but also venturing into developing a complete Bitcoin (CRYPTO: BTC) mining system. What Happened: In a post on Tuesday, the firm revealed the completion of a new three-nanometer Bitcoin...

BlackRock (NYSE:BLK), the world’s largest asset manager with $10 trillion in assets under mangement, has been steadily building a multifaceted crypto strategy. What Happened: Token Terminal, a research firm specializing in digital assets, has analyzed BlackRock’s approach to digital...

In an initiative aimed at revolutionizing the Web3 landscape in the Gulf region, stc Bahrain has joined forces with Core Chain, a Layer-1 blockchain network powered by Bitcoin (CRYPTO: BTC). This partnership, announced on Thursday, is set to significantly enhance the utility of the BTC ecosystem...

Vitalik Smart Gas (CRYPTO: VSG) enjoyed a 122.39% increase in value within just 24 hours. The recent surge has drawn considerable attention from the cryptocurrency community. This growth positions VSG as a noteworthy player in the blockchain space, especially as it coincides with the development of...

The London Stock Exchange has announced plans to launch a dedicated market for exchange-traded notes (ETNs) tied to Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH), the two largest cryptocurrencies by market capitalization. The new market is scheduled to go live on May 28, marking a milestone in the...

Ripple Labs Inc. (CRYPTO: XRP) is at the center of a hefty legal battle, with the U.S. Securities and Exchange Commission (SEC) proposing a staggering $2 billion in fines and penalties against the blockchain company. This development was disclosed by Ripple’s Chief Legal Officer Stuart...

Coinbase Inc. (NASDAQ: COIN) UK CEO Daniel Seifert on Thursday dubbed Bitcoin (CRYPTO: BTC) as a viable alternative in countries that are grappling with financial challenges. In an interview with Benzinga, Seifert pointed to several catalysts fueling Bitcoin's meteoric rise to a new...

Diamond Standard Co. has introduced a new system for international money transfer - Carats. Unlike traditional cryptocurrencies or fiat currencies, the new digital commodity currency, Carats, is backed by physical diamonds held in Brinks vaults. This innovation allows users to send and receive...

Ethereum (CRYPTO: ETH) has achieved a significant milestone with the completion of a substantial software update, dubbed Dencun, aimed at reducing the cost of utilizing its Layer-2 solutions What Happens: Networks such as Arbitrum (CRYPTO: ARB), Polygon (CRYPTO: MATIC) and Coinbase Global Inc...

In an unprecedented move that bridges the gap between digital currency and real estate, a property in Portugal has been listed for sale in Dogecoin (CRYPTO: DOGE), marking a world-first in the housing market. The unique initiative, facilitated by Dogecoin developer Paulo Vidal in collaboration...