IOTA’s new public testnet promises to be environmentally friendly by reducing its environmental impact and energy consumption. In doing so, it aims to attract companies focused on “green solutions.” IOTA Launches New Testnet “IOTA 2.0” IOTA announced that “IOTA 2” will enable the migration from Proof of Work (PoW) to …
network
-
-
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Blast, a rising Ethereum layer-2 scaling network from the founder of NFT marketplace Blur, has finally …
-
The token aims to enhance the functionality and reach of Subsquid’s decentralized indexing solutions across various blockchains. SQD’s Role in Improving Blockchain Accessibility Starting with Polkadot, Subsquid expanded to Ethereum and recently introduced a Solana beta. Venture capitalists have invested over $17 million in the project, and several cryptocurrency exchanges …
-
BeInCrypto sat down with Suji Yan, the founder of Mask Network, to explore the current state of this narrative and the Mask Network’s role in shaping the future of decentralized social networks. Mask Network, led by founder Suji Yan, develops blockchain-based tools that allow users to perform cryptocurrency transactions and …
-
Web3 digital identity startup Humanity Protocol raises $30 million at a $1 billion valuation
by MK Manoylovby MK ManoylovThe web3 digital identity firm Humanity Protocol raised $30 million in funding, bringing the startup to a $1 billion valuation. The venture firm Kingsway Capital led the round, which had additional support from Animoca Brands, Blockchain.com and Shima Capital, Bloomberg reports, adding that Humanity Protocol also raised $1.5 million from …
-
Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported on May 15. The firm has begun the relocation process by filing the required paperwork with the High Court of the Republic of Ireland. Circle’s decision to shift to …
-
These individuals were involved in illegal businesses utilizing crypto, specifically Tether (USDT). The comprehensive crackdown revealed illicit transactions totaling approximately 13.8 billion yuan (~$1.9 billion). How Chinese Authorities Crack Down on Crypto Crimes The investigation started in November 2022 when authorities detected suspicious activities involving underground banks in Chengdu’s Longquanyi …
-
pSTAKE Finance, backed by Binance Labs and a prominent figure in the liquid staking sector, is set to introduce a novel liquid staking solution for Bitcoin, constructed on Babylon’s framework. This development marks a significant extension of pSTAKE’s offerings beyond its initial focus area within the Cosmos network, where it first …
-
The country has mined nearly 474 bitcoins since 2021. This approach combines renewable energy with financial technology. El Salvador’s Bitcoin Mining Revolution The Bitcoin Office of El Salvador has noted significant developments. The state-owned Tecapa volcano plant now boasts 300 processors. These units tap into geothermal energy to mine bitcoins, …
-
Degen Chain, an Ethereum layer-3 blockchain, has resumed operations two days after halting block validation. The pause, which began on May 12, rendered several decentralized applications and bridges operating on it non-functional. Today, the network is back online after Conduit, a rollup infrastructure platform, resynchronized its nodes from the genesis …