British multinational bank Standard Chartered and PwC China have teamed up to produce a white paper on applications for central bank digital currency (CBDC) in the so-called Greater Bay Area of China – Guangdong Province, Hong Kong and Macao. Programmability will make all the difference, they concluded. The Greater Bay […]

A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a novel proof-of-work (PoW) scheme for blockchain consensus that relies on quantum computing techniques to validate consensus. Dubbed “Proof-of-work consensus by quantum sampling,” the preprint research […]

Litecoin could be single-handedly be saving the crypto market from further catastrophe. If an ongoing bullish breakout attempt is successful, it could revitalize cryptocurrency bulls across all assets. Why LTCUSD Is Poised To Lift The Crypto Market Back in early 2019, LTCUSD would often lead Bitcoin rallies. If Litecoin was […]

Circle recently announced plans for a June 8 launch of a new native version of its USD Coin (USDC) stablecoin on the Arbitrum network. According to a blog post, Circle will replace the existing version of USDC, an Ethereum-based token that’s been bridged to Arbitrum, with a native token that […]

On May 27, the municipal government of Beijing announced the release of a whitepaper providing information on Web3 innovation and development in China. It focuses on innovative research areas such as artificial intelligence (AI), XR interactive terminals, and content production tools. The Municipal Commission of Science and Technology of Beijing […]

The Shiba Inu community burnt over 15 billion SHIB tokens in May 2023, showing their commitment to reducing the circulating supply. The intention of such burns is to reduce the total supply of the coin from market Blaze Token is the top SHIB burner of the month, with MARSWAP (MSWAP) […]

Staking baskets have revolutionized how ADA holders can delegate their tokens to various stake pools, a key step for Cardano’s decentralized environment. With this novel strategy, users can diversify their bets and maximize returns while also simplifying the staking process. Let’s examine how staking baskets change the staking environment for […]

Decentralized finance (DeFi) platform Jimbos Protocol has offered 10% of the exploited funds to the general public after giving the hacker several days to respond to the deal. On May 28, the Arbitrum-based DeFi app was exploited, resulting in a loss of 4,000 Ether (ETH). After taking advantage of the […]

In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform — discusses the recent hype around memecoins, while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens (NFTs), […]

The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT) services by the Monetary Authority of Singapore (MAS). The announcement comes after Crypto.com received its in-principle approval from MAS in June 2022. With the MPI […]