Earlier today, at an event in New York City, Solana Labs CEO Anatoly Yakovenko disclosed the latest developments with the blockchain platform. Solana Mobile Stack was introduced which would also launch a new Android phone called “Saga”. Solana’s Android Mobile Phone will be highly secured and decentralized Solana Mobile, a new division of Solana Labs, […]

Earlier today, at an event in New York City, Solana Labs CEO Anatoly Yakovenko disclosed the latest developments with the blockchain platform. Solana Mobile Stack was introduced which would also launch a new Android phone called “Saga”. Solana’s Android Mobile Phone will be highly secured and decentralized Solana Mobile, a new division of Solana Labs, […]

The United States Securities and Exchange Commission (SEC) subpoena served to the Terraform labs and its CEO, Do Kwon has been found to be in order by the second circuit court. Do Kwon claimed the SEC lacked Jurisdiction over his company and filed an appeal. Court throws out Do Kwon’s arguments The US court of […]

Tether (USDT), the platform on which the world’s leading stablecoin, USDT is built, has made public the launching of USDT on blockchain network Tezos in an attempt to further widen its scope. The move in turn has led to an increase in Tether’s market cap which is now estimated to be valued at $80 million. […]

The meltdown of Terra in the last few days resulted in a brief halt in Terra blockchain for close to two hours on Thursday. Terra’s validators have decided to halt the blockchain to prevent governance attacks following severe LUNA inflation and a significantly reduced cost of attack. The Terra blockchain was officially halted at a […]

Proof-of-work (PoW) and proof-of-stake (PoS), the two predominant consensus models among blockchains, often get compared based on energy consumption. But according to the team behind Cardano, one of the largest PoS blockchains, PoS consensus mechanism trumps PoW in many more ways. Cardano says the benefits of its PoS go “far beyond” energy efficiency  Frederik Gregaard […]

Polygon, the popular Ethereum scaling platform, has been broadening its ecosystem. The protocol announced today that it is committing $100 million to promote the development and adoption of Supernets, its application-specific blockchains with higher performance.  What are Polygon’s Supernets?  Supernets are Polygon’s latest addition to its multi-chain L1 blockchains powering ecosystem. In a blog post, […]

Venture capital investment in crypto continues to be massive. A new study has found that in Q1 of 2022, venture capital firms set several new records in their investment in the crypto industry. Blockchain industry secures over $11 Billion in Venture Capital The Block Research’s review of blockchain private funding, as well as mergers and […]

Venture capital investment in crypto continues to be massive. A new study has found that in Q1 of 2022, venture capital firms set several new records in their investment in the crypto industry. Blockchain industry secures over $11 Billion in Venture Capital The Block Research’s review of blockchain private funding, as well as mergers and […]

Investcorp Holdings, Bahrain’s biggest asset manager, launched its first global institutional blockchain fund. The organisation aims to allocate funds among startups driven by blockchain technology. The firm, which was ranked by Forbes as the second-largest wealth manager in the Middle East, is now courting investors to raise funds for the new fund. The Middle East […]