BlockchainTechnology-news
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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...
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Turkish central bank completes first CBDC trials for digital lira
Turkey’s central bank has completed the first of its trials for the country’s central bank digital currency (CBDC), the Digital Turkish Lira....
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Uniswap lets users buy crypto with card deposits and bank transfers
Users of decentralised exchange Uniswap are now able to buy cryptocurrency on its web platform using credit cards, debit cards, and bank...
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Visa will ‘actively contribute’ to web3 development
Visa refuses to become a dinosaur and will “actively contribute” to developing the web3 and crypto ecosystem. Aside from maximalists, few...
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Italy selects Algorand for national banking guarantees platform
Italy has chosen Layer-1 blockchain Algorand to support the development of an “innovative digital guarantees” platform for the country’s banking...
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ZELF launches anonymous Visa debit card with crypto top up
US fintech firm ZELF has launched an anonymous Visa debit card which can be funded through crypto or traditional electronic payments. To open...