Alchemy Announces Launch of Dapp Building Tool For Web3
Alchemy intends to increase interest in decentralized technologies. Build Web3 Dapp, according to Alchemy, is an open-source project. Whilst widespread adoption is a stated objective in the blockchain sector, educating…
Russian Ransomware Projects Rebranded to Avoid Western Sanctions.
Rebranding and restructuring their operations allowed some ransomware syndicates to strengthen anonymity amid Western sanctions.Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in…
BUSD Stablecoin Out of the Top 10 Crypto List in Terms of Market Cap.
BUSD now ranks eleventh among all crypto assets behind Dogecoin.Binance’s reserve portfolio on February 25, 2023, showed $9.01 billion in BUSD.Almost $5 billion worth of BUSD stablecoins have been redeemed.…
BlueWallet Closing Lightning Network Node on Bitcoin Network
BlueWallet customers must withdraw their sats by April 30th. There are about 42 BTC ($1 million) available in the popular Lightning Network wallet.According to a formal announcement, BlueWallet is closing…
Solana Network Hit With Technical Glitch Hours After Update.
Almost all on-chain action on the Solana network has ground to a halt.The network was only able to execute roughly 93 transactions per second (TPS).As a technical glitch slowed users’…
New Blockchain Innovation Lab Announced by JPMorgan in Greece.
The bank’s 2020-released Onyx platform will be the primary focus. Four new posts will be created to support the company’s new blockchain project.The global investment bank JPMorgan has announced the…
BUSD Stablecoin Out of the Top 10 Crypto List in Terms of Market Cap.
BUSD now ranks eleventh among all crypto assets behind Dogecoin.Binance’s reserve portfolio on February 25, 2023, showed $9.01 billion in BUSD.Almost $5 billion worth of BUSD stablecoins have been redeemed.…
Germany-based DZ Bank To Provide Crypto Custody Services
The bank had assets of almost $315 billion (€297 billion) by the end of 2022.DZ Bank plans to include Metaco’s key product, Harmonize.DZ Bank is a subsidiary of Volksbanken Raiffeisenbanken,…
Crypto Industry Lost Over $650B After Two Major Scandals in 2022: BIS
The BIS found that retail investors bought the dip amid the bloodbath while the broader financial system remained generally unharmed.A recent report by the Bank of International Settlements (BIS) revealed…
Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year
The company’s Cash App division earned $35 million in Bitcoin, down 25%.In 2022, Block’s annual gross profit was $1.66 billion, up 40% from the previous year.The revenue for Jack Dorsey’s…