Blockchain Archives - Page 23 Of 49

Alibaba Scales Back Metaverse Division as AI Takes Center Stage

November 4, 2024 Paulo

Alibaba reduces its metaverse team as it pivots to AI. The move follows similar actions from tech giants, reflecting a shift in industry focus.

Chart showing Bitcoin ETF outflow of $54.94 million with BTC price at $69,000

Bitcoin ETFs Record $54.94 Million Daily Outflow as BTC Hovers Near $69,000

November 3, 2024 Paulo

Bitcoin ETFs in the U.S. report $54.94 million in daily outflows, while BTC remains close to $69,000. Ethereum ETFs also face outflows amid market dip.

Cryptocurrency Security Breaches in October 2024

Crypto Security Incidents in October Lead to $129M in Losses

November 3, 2024 Paulo

October saw $129M in crypto losses from scams, exploits, and attacks, with Radiant Capital’s $50M breach and M2’s $13.7M hack among the largest incidents.

A South Korean courtroom with a judge delivering a verdict on cryptocurrency-related charges against lawmaker Kim Nam-kuk.

Huawei Integrates Digital Yuan into HarmonyOS NEXT for 1 Billion Users

November 2, 2024 Paulo

Huawei’s HarmonyOS NEXT now integrates the digital yuan, enabling seamless, app-free CBDC payments for nearly 1 billion users, advancing digital finance.

Illustration of River Protocol and Llama logos symbolizing decentralized governance partnership

River Protocol Acquires Llama to Advance Decentralized Governance

November 2, 2024 Paulo

River acquires Llama to enhance governance with open-source smart contracts, empowering its ecosystem with secure, decentralized management tools.

Ben Reynolds joins BitGo to lead USD Standard stablecoin initiative

BitGo Appoints Former Silvergate President to Spearhead USD Standard Stablecoin

November 1, 2024 Paulo

BitGo appoints former Silvergate president Ben Reynolds to lead its stablecoin USD Standard, aiming for a secure and resilient financial ecosystem.

Kraken cryptocurrency exchange headquarters in San Francisco, reflecting recent workforce reductions amidst industry layoffs.

Kraken Joins Crypto Exodus with 15% Workforce Layoffs

October 31, 2024 Paulo

Kraken cuts 15% of its workforce amid industry-wide layoffs, joining Consensys and DYDX. New co-CEO Arjun Sethi aims to refocus the exchange’s strategy.

South Korean cryptocurrency investor base reaches 7.78 million in 2024, driven by Bitcoin surge and supportive policies.

South Korea’s Crypto Investor Base Reaches 7.78 Million, Marking 21% Growth in First Half of 2024

October 31, 2024 Paulo

South Korea’s crypto investor count surged to 7.78M in 2024’s first half, up 21%, spurred by Bitcoin’s rise and pro-crypto U.S. policy shifts.

Jimmy Patronis, Florida CFO, proposing Bitcoin investment for state pension funds

Florida CFO Advocates for Bitcoin in State Pension Fund Investment Strategy

October 30, 2024 Paulo

Florida CFO Jimmy Patronis is pushing for Bitcoin investments in state pensions, aiming to diversify and protect Florida’s retirement funds.

Digital Asset Inflows in 2023 Reach $27 Billion, Nearly Tripling 2021 Record

October 28, 2024 Paulo

Digital asset inflows in 2023 have soared to $27 billion, nearly three times the 2021 record. U.S. leads the charge, with Bitcoin ETFs seeing massive inflows.