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blockchain

ZKsync Announces Historic Airdrop with 3.6 Billion Tokens Distributed

by Isaac Wright
ZKsync Announces Historic Airdrop with 3.6 Billion Tokens Distributed

Matter Labs, the creators of ZKsync, announced on Tuesday that a community airdrop for their new ZK tokens will start next week. The Ethereum Layer 2 service provider will distribute …

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Project mBridge e-currency project involving Hong Kong, mainland China hits landmark

by Anas Siddiqui
Project mBridge e-currency project involving Hong Kong, mainland China hits landmark

A multi-country central bank digital currency (CBDC) project involving mainland China, Hong Kong, Thailand and the United Arab Emirates has made a breakthrough by launching its minimum viable product (MVP) …

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Opinion | How crypto can help restore Hong Kong’s financial glory

by Walter Watson
Opinion | How crypto can help restore Hong Kong’s financial glory

For those unfamiliar with cryptocurrency, this is a major milestone in Asia and across the world as it opens the road for adoption and investment in cryptocurrency, moving the asset …

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Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

by Walter Watson
Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for …

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US Treasury says NFTs ‘highly susceptible’ to fraud and scams, calls for platform controls to fight money laundering

by Walter Watson
US Treasury says NFTs ‘highly susceptible’ to fraud and scams, calls for platform controls to fight money laundering

A US government report released Wednesday found non-fungible tokens (NFTs) to be “highly susceptible to use in fraud and scams”, urging for more regulations to be considered on these digital …

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XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

by Isaac Wright
XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat …

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Can blockchain make weather forecasts better? WeatherXM thinks so

by Edgar Davis
Can blockchain make weather forecasts better? WeatherXM thinks so

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right …

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Bitcoin Network Sees Lowest New Addresses Created Since 2018

by Isaac Wright
Bitcoin Network Sees Lowest New Addresses Created Since 2018

Bitcoin (BTC) network activity has significantly declined in the creation of new addresses, hitting its lowest point since July 2018. Despite this, though, BTC is trading around $67,000 after gaining …

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Cardano Whales Return To The Table, Increase Massive Holdings By 10%

by Isaac Wright
Cardano Whales Return To The Table, Increase Massive Holdings By 10%

Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, …

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Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

by Anas Siddiqui
Elon Musk deepfake crypto scam highlights risks to Hong Kong as AI-related fraud rises

Last week, the Hong Kong Securities and Futures Commission (SFC) warned of a scam using deepfakes of Elon Musk touting a cryptocurrency trading platform called “Quantum AI”. The scam is …

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