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The Block | Latest Blockchain & Cryptocurrency NewsThe Block brings you the latest crypto and blockchain news with analysis and thought leadership from across the Web3 ecosystem.The Block | Latest Blockchain & Cryptocurrency News Menu LOG IN News Categories Blockchain Applications Cyber Security Decentralised Finance (DeFi) Payments Privacy & Identity Cryptocurrency Altcoins Bitcoin Ethereum Digital Assets CBDC NFT Enterprise Development Digital Transformation Funding M&A Partnerships Industries Banking Gaming Healthcare Supply Chain & Logistics Legislation & Government Research Events Webinars & Resources Work With Us Publish your article / press release Advertise on The Block Contact Us Subscribe / Login More TechForge News AI News Cloud Tech News Developer News Edge Computing News IoT News Marketing Tech News Tech HQ Tech Wire Asia Telecoms Tech News Upcoming Events News Categories Blockchain Applications Cyber Security Decentralised Finance (DeFi) Payments Privacy & Identity Cryptocurrency Altcoins Bitcoin Ethereum Digital Assets CBDC NFT Enterprise Development Digital Transformation Funding M&A Partnerships Industries Banking Gaming Healthcare Supply Chain & Logistics Legislation & Government Research Events Webinars & Resources Work With Us Publish your article / press release Advertise on The Block Contact Us Subscribe / Login More TechForge News AI News Cloud Tech News Developer News Edge Computing News IoT News Marketing Tech News Tech HQ Tech Wire Asia Telecoms Tech News Upcoming Events Featured Visa and Coinbase join forces to enable instant transactions 30 October 2024 | Altcoins Mint Blockchain’s $1.35M grant drives NFT ecosystem growth 28 October 2024 | Blockchain Future of Ethereum: Navigating ‘The Verge’ 24 October 2024 | Altcoins FCA launches major crackdown on ‘finfluencers’ 22 October 2024 | Altcoins Latest News Lamborghini and Animoca Brands launch blockchain supercars for Web3 gaming Lamborghini, in collaboration with Animoca Brands, is making its Web3 debut with a new digital platform dubbed Fast ForWorld. The venture brings interoperable digital supercars into the gaming space, allowing gamers to experience Lamborghini in a new way. Announced on... 18 October 2024 | Blockchain 85% of all cryptocurrencies are worth less than a cent Ever since the crypto boom in early 2022, the total number of cryptocurrencies has been floating between 8,500 and 10,000, with new tokens being launched every time a bull run in the crypto space starts. The same thing happened in 2024 when the total number of cryptos jumped by 1,000... 14 October 2024 | Blockchain Ellison gets two years for involvement in FTX crypto scandal Caroline Ellison has received a two-year prison sentence for her role in the demise of the cryptocurrency exchange FTX, which is regarded as one of the most serious financial frauds in US history. Ellison, 29, was a top executive at FTX and the former girlfriend of the company's... 8 October 2024 | Blockchain Coral raises $3 million to enhance AI-powered carbon management platform Coral, a climate technology company that uses blockchain and AI to manage carbon emissions, has raised $3 million in pre-seed funding. The company aims to improve its platform and expand to Abu Dhabi, while also growing its team of experts and enhancing its AI technologies, thanks to... 8 October 2024 | Blockchain Kamala Harris urges US to lead in blockchain, highlighting ‘digital assets’ US VP Kamala Harris has expressed her support for cryptocurrency protection, emphasising the importance of the US' leadership in blockchain, artificial intelligence, and other emerging technologies. Harris emphasised the importance of investing in the country's biomanufacturing,... 30 September 2024 | Blockchain PayPal boosts investment in Chaos Labs for blockchain security PayPal Ventures has invested another in Chaos Labs, a blockchain risk management firm, although the exact amount has not been disclosed. The investment intends to help Chaos Labs improve the security of the crypto ecosystem and expand financial services based on blockchain... 26 September 2024 | Blockchain Bitcoin miners flee China, create new energy challenges in US China was once a major player in crypto mining, attracting companies with its low energy costs and favourable regulations. By 2021, it accounted for approximately 70% of global mining activity. In 2019, President Xi Jinping's push for blockchain technology further solidified China's... 19 September 2024 | Bitcoin Vape less, earn more: Puffpaw’s blockchain incentives for cutting nicotine A new venture is looking into leveraging blockchain technology and token rewards to help people cut back on their nicotine consumption. Puffpaw aims to disrupt the existing vaping business by incentivising users to reduce their nicotine usage. Puffpaw intends to introduce vapes that... 16 September 2024 | Blockchain Story Protocol secures $80m to combat AI-driven IP theft Story Protocol, a San Francisco-based blockchain startup, has raised $80 million in a Series B funding round, bringing its valuation to $2.25 billion in just two years. The investment, led by Andreessen Horowitz with support from cryptocurrency investor Polychain Capital and others, comes as AI... 5 September 2024 | Blockchain Telegram-linked TON faces double outage following founder’s arrest in France The Open Network (TON), a blockchain platform originally developed by Telegram, is back up and running after experiencing its second major outage in just 36 hours. The disruptions were caused by an influx of traffic from DOGS, a recently launched meme coin.  According to information... 4 September 2024 | Blockchain Binance predicts blockchain’s potential to transform global payments Blockchains could become the ultimate solution for a global payments infrastructure and potentially replace the existing banking system, according to a Binance Research report. Although today's banking systems, such as Visa or Mastercard, provide almost instant payment authorisation... 4 September 2024 | Blockchain Platonic reimagines tokenisation with a focus on security and data protection  Platonic, a blockchain infrastructure technology company, has launched its decentralised tokenisation platform. Developed to empower financial institutions, Platonic's platform enables the tokenisation of a wide range of assets with unprecedented levels of data privacy and security.... 29 August 2024 | Blockchain Ripple partners with DIFC Innovation Hub to accelerate blockchain adoption in Middle East Ripple, a provider of enterprise blockchain and crypto solutions, plans to partner with the DIFC Innovation Hub, the thriving innovation ecosystem of the Dubai International Financial Centre (DIFC), to accelerate blockchain and digital assets innovation in the UAE. The new... 28 August 2024 | Blockchain Humans.ai snaps up Starfish Technologies to drive blockchain innovation European artificial intelligence and blockchain technology provider, Humans.ai has acquired Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal. This acquisition marks a significant step forward in the development of TensorChain, a... 27 August 2024 | Blockchain Gate Ventures and Abu Dhabi launch a $100m global Web3 innovation fund Gate Ventures, the investment arm of cryptocurrency exchange Gate.io, has partnered with the Blockchain Center in Abu Dhabi to launch a $100 million fund to drive Web3 innovation in the coming years. Named Falcon Gate Ventures, this new fund will focus on advancing decentralised... 20 August 2024 | Blockchain Australian regulator sues ASX for misleading blockchain project claims The Australian Securities and Investments Commission (ASIC) has initiated Federal Court proceedings against the Australian Securities Exchange (ASX), claiming the country’s largest market operator made false and deceptive statements about an unsuccessful $250 million blockchain... 19 August 2024 | Blockchain US SEC targets alleged $650 million global crypto fraud The US Securities and Exchange Commission (SEC) filed a lawsuit against NovaTech and its co-founders, Cynthia and Eddy Petion. In its complaint, the regulatory body accuses the co-founders of orchestrating a colossal fraudulent scheme that raised over $650 million. The victims of this... 14 August 2024 | Cryptocurrency Canto’s consensus crisis: Layer-1 blockchain battles extended blackout The Canto blockchain, a layer-1 network built on Cosmos technology, has been experiencing an extended outage since Saturday, August 10, 2014. This unexpected disruption has left the crypto community questioning the robustness of emerging blockchain platforms and highlighted the... 13 August 2024 | Blockchain Nexera protocol bleeds $1.8m in smart contract heist In a stark reminder of the vulnerabilities plaguing the decentralised finance (DeFi) ecosystem, blockchain infrastructure protocol Nexera has fallen victim to a significant exploit, resulting in the theft of approximately $1.8 million of digital assets. The incident, which occurred... 9 August 2024 | Blockchain Market turbulence: Cryptos plunge on weak economic signals The recent drawback in the cryptocurrency market, with Bitcoin falling more than 15%, has led to sharp declines in US-listed shares of crypto-linked companies. Weak economic statistics, which fueled recession concerns and stimulated a sell-off of high-risk assets, were the primary... 8 August 2024 | Blockchain Crypto’s political crossroads: Diverging views on how US election will shape digital asset landscape The cryptocurrency industry finds itself at a critical juncture as the 2024 US presidential election approaches, with conflicting perspectives on how the political outcome will influence the sector's trajectory. While some experts see the election as pivotal for crypto's future,... 5 August 2024 | Bitcoin Venom selected for pioneering blockchain initiative in the Philippines The Republic of the Philippines has taken a groundbreaking step that could reshape the intersection of blockchain technology and government functions. Its Government has decided to use Venom's blockchain technology for an extensive digitisation project. This will involve about 10... 5 August 2024 | Blockchain EU funds 15 startups to combat online misinformation using blockchain The EU has granted €1.8 million to 15 startups to address online misinformation, fraud and fake identities using blockchain technologies. This funding is part of the first call offered under the NGI TrustChain initiative, which aims to foster the use of blockchain by financing... 2 August 2024 | Blockchain California DMV digitises 42 million car titles with blockchain to fight fraud The state of California has established the first system of digitised vehicle titles in the United States using blockchain technology. According to Reuters, the California Department of Motor Vehicles has already electronically transferred 42 million vehicle titles. The physical title... 1 August 2024 | Blockchain Blockchain milestone: Slovenia unleashes EU’s first sovereign digital bond Slovenia has become the first European Union member state to issue a sovereign digital bond on blockchain, thereby propelling itself into the forefront of financial innovation. This audacious move solidifies Slovenia's status as a pioneer in the digital asset sector and establishes... 30 July 2024 | Blockchain Hong Kong’s first Bitcoin futures inverse product signals market expansion Hong Kong recently saw the debut of the first Asian BTC futures inverse products, marking a milestone for the city's crypto economy. The CSOP Bitcoin Future Daily (-1x) Inverse Product (7376. HK) is introduced by CSOP Asset Management, one of the largest asset managers in... 25 July 2024 | Bitcoin Galaxy Digital acquires CryptoManufaktur Crypto investment firm Galaxy Digital Holdings has acquired CryptoManufaktur LLC (CMF), a blockchain node operator. Galaxy is getting its hands on about $1 billion in Ethereum assets under stake, bumping its total to a whopping $3.3 billion. But in the volatile world of crypto, where... 24 July 2024 | Blockchain Jordan pioneers national blockchain network to revolutionise government services The Jordanian Ministry of Digital Economy and Entrepreneurship has announced that the country is establishing a network for blockchain technology. The creation of this digital key with the Jordanian blockchain company Blockexe marks a historic step in the nation's journey towards... 23 July 2024 | Blockchain Russia considers cryptocurrency solutions for international payment challenges Russia is taking official steps toward accepting cryptocurrency as a solution for potential international payment challenges. The central bank has also called for the crypto payment infrastructure to be developed more quickly, even as the country's anti-money laundering watchdog warns... 18 July 2024 | Blockchain North Korean hackers transfer stolen crypto to wallet of Asian payment firm An investigation has brought to light an unexpected link between a prominent payments company in Cambodia and North Korean hackers. According to blockchain data, Phnom Penh-based Huione Pay received over $150,000 in cryptocurrency from a digital wallet connected to the infamous... 17 July 2024 | Blockchain Join our community Create your free account now to access all our premium content and recieve the latest tech news to your inbox. 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