Category: Blockchain News

Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totaled $346 million, continuing a nine-week trend of positive net flows. New record of inflows with US$346m this week, the highest total observed in…

Read More “Inflows into Bitcoin investment products reach $1.5B year-to-date” »

A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals. According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission, stated“Even if the grace period ends tomorrow, fraud will still occur, so there is no intention to modify the…

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British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country. According to the Nov. 27 announcementStandard Chartered, through its partner City Bank Clearing Services Co., will allow its clients to purchase, exchange, and redeem…

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Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. Video games have become a favorite pastime for a lot of people all over the world and have even evolved into a sport. Overall, there…

Read More “Mainstream approval critical for blockchain games — Gaming execs” »

Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December. Among the projects releasing locked tokens, the decentralized exchange dYdX will unlock the largest amount. The exchange is expected to unlock 150 million tokens vested for investors, founders and employees in December. The tokens are worth…

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The cryptocurrency mining company Hive Digital Technologies revealed plans to expand its global presence through a new acquisition of property and a data center in Boden, Sweden. On Nov. 27, the company announced that it’s entered a property transfer agreement with Turis AB to take over the property of a data center previously constructed as…

Read More “Crypto miner Hive expands data center operations in Sweden” »

Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year. In a Nov. 26 Telegram postthe team behind Inferno Drainer said it was “time for us to move on.” However, it said that…

Read More “Inferno Drainer says it’s shutting down after helping steal $70M in crypto” »

Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution.” The VC firm is a seed investor in Blast. The head of research at Paradigm, Dan Robinson, shared a statement on X (formerly Twitter) expressing disagreement about Blast’s decision to launch a bridge before its…

Read More “Blast’s marketing approach “cheapens the work of a serious team” — Paradigm” »

The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%. According to the proposal, the authorized modification would reduce ATOM’s annualized staking yield from around 19% to approximately 13.4%. The Cosmos Hub is the primary blockchain within the Cosmos network,…

Read More “Cosmos Hub greenlights ATOM inflation cut for security boost” »

The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes. Distributing and accessing data without depending on a centralized server is possible with decentralized file sharing. Rather, files are kept on a network of…

Read More “Decentralized file sharing, explained” »