BlockchainTechnology-news
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Crypto layoffs continue as 200 jobs axed in first week of February
Crypto companies are continuing to make job cuts amid the bear market and wider layoffs across the technology sector. More than 200 employees...
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SIMBA Chain gets $30m from US Air Force for blockchain initiative
Blockchain solutions firm SIMBA Chain has been chosen by the United States Air Force (USAF) for a $30 million (£25m) technology initiative....
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Cardano launches its algorithmic stablecoin, Djed
Cardano has launched its algorithmic stablecoin, Djed (DJED), on its mainnet after a successful security audit. The stablecoin, backed by...
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California DMV taps Tezos blockchain for digital car title transfers
The California Department of Motor Vehicles (DMV) is trying to digitise car titles and title transfers on a private Tezos-built blockchain....
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Listen-to-earn lets you earn Bitcoin for listening to a podcast
Podcast platform Fountain has partnered with app monetisation company ZEBEDEE to bring Bitcoin micropayments to podcast listeners. The...
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Cardano recovers from 50% of network nodes going offline
Cardano users reported that at least half of the blockchain network’s nodes went offline over the weekend. A Telegram post from a group...
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Ethereum decreased its annual CO2 emissions by over 21M tons
Over 109M more trees would have been needed to offset Ethereum’s CO2 emissions prior to its switch to a more efficient consensus. Ethereum...
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Ransomware revenue for hackers falls 40% as victims think twice
Ransomware attacks may be coming less effective, as revenue from ransomware fell by 40% to $456 million (£368m) in 2022. Blockchain analytics...
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National Australia Bank to launch 1:1 AUD stablecoin
National Australia Bank (NAB) plans to launch an Australian dollar-pegged stablecoin on the Ethereum network in mid-2023. The move would make...
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Polygon implements hard fork to reduce gas spikes
Ethereum layer-2 scaling solution Polygon has undergone a hard fork to reduce gas spikes and address issues that have impacted users on its...
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CasperLabs: 90% of enterprises are adopting blockchain tech
Despite a difficult past year for crypto and blockchain, new research from web3 platform CasperLabs has found that 87 percent of businesses...
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Venom Foundation launches $1bn web3 fund from Abu Dhabi
The Venom Foundation, an Abu Dhabi-based blockchain platform, and investment manager Iceberg Capital have unveiled a $1 billion venture fund to...
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Immunefi: Hacks made up 95% of lost crypto funds in 2022
Web3 bug bounty platform Immunefi has found that hacks accounted for 95 percent of the $3.9 billion (£3.23bn) lost in the crypto industry in 2022....
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Uniswap awards DeFi auditor £33k for finding smart contract exploit
Uniswap may have saved itself being exploited for millions of pounds thanks to an auditor that identified a smart contract vulnerability on the...
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GammaRey fintech finalises £267m merger with GoLogiq
Blockchain fintech and financial management platform GammaRey has signed a merger agreement with e-commerce and consumer data analytics firm...