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Blockchain
Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight
While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the crypto…
Stacks Resumes Block Production Amid Warnings of ‘Occasional Degradation’
Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to “misbehavior stemming from the stacks-node’s mempool syncing logic.” Stacks Warns of…
Wall Street 2.0: Tokenized Treasuries Top $7B as Blackrock’s BUIDL Nears $3B
Tokenized U.S. Treasury bonds have officially surpassed $7 billion in aggregate value, gaining an additional $54 million over the course of the past week. Several top-tier funds have been accelerating in growth, delivering double-digit…
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the…
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election…
Exiled opposition leader Mark Fegyin is leading an effort to give Russians an anonymous, blockchain-powered way to register a "protest vote" against Russia's election results which have handed Vladimir Putin a fifth term as Russian…
Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner
Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an…
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from…
Protocol Village: Volta, Creator of Multisig Non-Custodial Platform, Raises $4.1M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.
NFT Market Sees Over 30% Decline in Weekly Sales
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million,…
Protocol Village: Polyhedra Says Open-Source ZK Proof System ‘Expander’ 2x Faster Than…
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.