A naukri.com initiative
Blockchain News
Bitcoinist
2M
345
Image Credit: Bitcoinist
Ethereum Goes Heavy On Defense With Trillion-Dollar Security Initiative
- Ethereum's nonprofit arm launched the Trillion Dollar Security Initiative on May 14 to enhance security for wallets, smart contracts, and the network to protect trillions in digital assets.
- The initiative includes scanning for vulnerabilities, collaborating with builders to implement fixes, and educating users, firms, and regulators on Ethereum security.
- The expert team, led by Fredrik Svantes and Josh Stark, alongside outside experts, will guide audits and suggest security enhancements to bolster Ethereum's defenses.
- The market reacted positively to the news, with ETH's price rising over 40% following the Pectra update. Ethereum's focus on security is crucial as on-chain activity increases, aiming to maintain its dominance in the DeFi space and reassure investors.
Read Full Article
20 Likes
Fintechnews
2M
322
Image Credit: Fintechnews
Crypto Regulation Accelerates Worldwide, with Europe at the Forefront
- In 2024, global jurisdictions strengthened regulatory frameworks for cryptocurrencies and digital assets to protect consumers, prevent financial crimes, and foster innovation.
- Europe leads in crypto regulation with the EU's Markets in Crypto-Assets Regulation (MiCAR) setting common rules for consumer protection and market integrity.
- MiCAR aims to regulate various crypto-assets and service providers, allowing traditional financial institutions to engage in the crypto market.
- The transition to MiCAR compliance varies across EU member states, with different deadlines for existing crypto businesses to adapt.
- The UK is also advancing crypto regulation, bringing activities into the regulated financial services perimeter to enhance consumer protection.
- Draft legislation in the UK proposes oversight for crypto exchanges, dealers, and agents, similar to traditional financial institutions.
- Regulatory trends in 2025 include new regimes for crypto in emerging markets and intensified regulation of stablecoins in jurisdictions like Hong Kong and Singapore.
- The PwC report highlights advancements in global crypto regulations, with jurisdictions aiming to balance innovation and consumer protection.
- Countries like the UAE and Bahrain are introducing frameworks for digital assets, while the UK and EU focus on strengthening protections for consumers.
- The trend of regulating stablecoins is increasing, with a focus on reliability and reserve backing in jurisdictions like Hong Kong and Singapore.
Read Full Article
19 Likes
TronWeekly
2M
27
Image Credit: TronWeekly
Franklin Templeton Opens Blockchain Fund with $20 Minimum Investment
- Singapore launches its first tokenized fund for retail investors, setting a global precedent in digital finance.
- Franklin Templeton introduces the Franklin OnChain USD Short-Term Money Market Fund with a minimum investment of $20, accessible to all in Singapore.
- The fund leverages blockchain technology, providing transparency and access to traditional financial markets for retail participants.
- This initiative by Franklin Templeton aims to democratize access to tokenized funds, catering to retail investors and aligning with Singapore's visionary financial architecture.
Read Full Article
1 Like
TronWeekly
2M
161
Image Credit: TronWeekly
TRON DAO adopts Chainlink Data Feeds, securing over $5.5B DeFi TVL and boosting security
- TRON DAO adopts Chainlink Data Feeds to secure over $5.5B in DeFi TVL and enhance security.
- TRON DAO chooses Chainlink over WINkLink for more reliable data in DeFi applications.
- The integration of Chainlink Data Feeds ensures robust data integrity for TRON DAO's DeFi apps.
- By incorporating Chainlink, TRON DAO enhances blockchain security and focuses on Internet decentralization.
Read Full Article
9 Likes
TronWeekly
2M
46
Image Credit: TronWeekly
Tether Exploit Leads to $78 Million Theft Due to Multi-Sig Freeze Delay
- Tether's USDT freeze process vulnerability has been exploited, leading to over $78 million theft since 2017.
- AMLBot and PeckShield identified delays in the multi-signature contract design, allowing illicit actors to bypass freezing, particularly on Ethereum and Tron.
- The majority of the stolen funds, approximately $49.6 million, were withdrawn from the Tron network, followed by $28.5 million withdrawn via Ethereum.
- Criminal actors are using automated tools to exploit freeze alert delays, highlighting the need for system upgrades to enhance security and enforcement speed.
Read Full Article
2 Likes
Dev
2M
179
Image Credit: Dev
Building High-Performance Smart Contracts on Solana: A Technical Guide for Developers
- Solana offers high speed and throughput for building smart contracts, requiring developers to adapt their approach.
- An overview of Solana's unique account-based and parallelizable execution model, emphasizing the importance of avoiding account contention.
- Key tools like Rust, Anchor framework, and Solana CLI/Test Validator are essential for writing efficient smart contracts on Solana.
- Performance tips include minimizing CPI calls, managing compute units wisely, optimizing account reads/writes, pre-allocating accounts, and using Borsh efficiently.
Read Full Article
10 Likes
Pymnts
2M
304
Image Credit: Pymnts
FinTech Partnerships Look to Crack Stablecoin On- and Off-Ramp Challenges
- Stablecoins are aiming to avoid being solutions in search of problems and are poised to become widely used for payments.
- Mastercard's partnership with MoonPay showcases the increasing interest in stablecoins as a digital asset class.
- Challenges remain with limited on- and off-ramp infrastructure, regulatory concerns, and acceptance among merchants and consumers.
- Stablecoins offer benefits in cross-border transactions with their speed and efficiency, but their value depends on regulatory support and integration.
- Partnerships for seamless fiat on- and off-ramps are crucial for unlocking the full potential of stablecoins.
- Most stablecoin entry points currently rely on centralized crypto exchanges, hindering widespread adoption.
- Fiat ramps need to be integrated into FinTech apps and retail bank services to make stablecoins more accessible, especially in emerging markets.
- Technical solutions exist for stablecoin acceptance, but traditional payment processors offer reliability and fraud protection that blockchain systems struggle to match.
- Banks could play a role as custodians and liquidity providers for stablecoins, ensuring users have avenues to convert stablecoins back into fiat currency.
- Policy, more than technology, may shape the trajectory of stablecoins in the U.S., with regulatory developments impacting their adoption.
Read Full Article
18 Likes
TronWeekly
2M
133
Image Credit: TronWeekly
Tether Unveils QVAC: A Revolutionary Privacy-Focused Decentralized AI Platform
- Tether has launched QVAC, a decentralized AI platform, aimed at running applications on local devices to reduce reliance on centralized cloud services and enhance privacy for users.
- QVAC enables developers to build scalable AI applications that can operate offline without connecting to the cloud, emphasizing privacy and autonomy for users.
- Tether's Wallet Development Kit (WDK) allows AI to autonomously handle Bitcoin and USDt transactions, enabling decentralized, self-sufficient AI systems that operate independently.
- Tether's QVAC platform offers privacy-centric apps like QVAC/Translate and QVAC/Health, which process data locally to enhance security and user control.
Read Full Article
8 Likes
TheNewsCrypto
2M
138
The Alice Collective Enters Web3 Nostalgia Realm Through Persona Journey Partnership to Extend My Neighbor Alice
- The Alice Collective has announced a partnership with Persona Journey to introduce Alice to the world of Persona, which combines web3 technology with retro elements.
- The partnership aims to leverage Persona's engaged community and innovative approach to expand the My Neighbor Alice world.
- Persona Journey repackages vintage technology like cassette tapes and Polaroids using web3 and AI, bringing a new dimension to Alice's world.
- Future plans include themed events, gaming evenings, a Prismatic Collection, and integrating persona-based activities into Rewards Boards within My Neighbor Alice.
Read Full Article
8 Likes
Livebitcoinnews
2M
170
Image Credit: Livebitcoinnews
Pi Network Launches $100M Venture Fund to Boost Blockchain Startups
- Pi Network has launched a $100M venture fund to support blockchain startups, aiming to boost adoption and ecosystem development.
- 10% of Pi tokens are reserved for ventures that contribute to ecosystem-building initiatives.
- The initiative by Pi Network Ventures will provide funding, mentorship, and user access to startups utilizing Pi in their businesses.
- The fund targets blockchain-focused firms as well as entities in AI, fintech, e-commerce, social platforms, and enterprise applications, aiming to drive innovation and broaden Pi Network's utility.
Read Full Article
10 Likes
TronWeekly
2M
166
Image Credit: TronWeekly
Telegram Silently Dismantles $27B Darknet Giant Haowang Guarantee
- Telegram shut down the darknet marketplace Haowang Guarantee, formerly Huione Guarantee, following its clampdown on associated accounts and channels on May 13.
- Haowang Guarantee was involved in billions of dollars worth of illicit crypto transactions and was known for enabling online fraud, cybercrimes, and large-scale cryptocurrency laundering.
- Blockchain company Elliptic identified over $27 billion in contraband crypto-transactions linked to Haowang Guarantee, predominantly processed through Tether stablecoin.
- Despite the closure of Haowang Guarantee, another darknet market named Xinbi Guarantee has emerged on Telegram, conducting $8.4 billion in crypto transactions primarily through stablecoins.
Read Full Article
9 Likes
Livebitcoinnews
2M
331
Image Credit: Livebitcoinnews
Nasdaq-Listed BTCS Secures $57.8M to Boost Ethereum Holdings
- BTCS secures $57.8 million to strengthen its Ethereum holdings and operations, with an initial $7.8 million investment from CEO Charles Allen.
- The financing includes convertible notes with a 2-year maturity expiring on May 13, 2027, with terms like a 5% original issue discount, a 6% annual interest rate, and a conversion price of $5.85 per share.
- BTCS plans to use the funds to enhance its Ethereum validator node operations, accumulate more ETH reserves, and position itself for scalable infrastructure within the Ethereum ecosystem.
- This move reflects BTCS's strategic shift towards Ethereum, leveraging its growing role in DeFi and smart contract applications, as Ethereum continues to gain prominence in the cryptocurrency market.
Read Full Article
19 Likes
Medium
2M
271
Proactive Smart Contract
- Smart contracts traditionally rely on external calls for execution, limiting their autonomy and intelligence.
- Ritual Foundation introduces Scheduled Transactions, allowing smart contracts to proactively execute based on time or pre-defined conditions.
- This innovation enables smart contracts to operate autonomously, execute at scheduled intervals, trigger actions based on thresholds, and function without external triggers or human intervention.
- Ritual's Scheduled Transactions pave the way for autonomous blockchain infrastructure in DeFi, DAOs, gaming, and automation, enabling smart contracts to behave more like intelligent systems than static logic gates.
Read Full Article
16 Likes
TronWeekly
2M
322
Image Credit: TronWeekly
Charles Hoskinson to Distribute Midnight Tokens Across 8 Blockchains
- Charles Hoskinson announced a Glacier Drop airdrop for Midnight tokens across 8 leading blockchains.
- The airdrop will target 37 million wallets and aims to promote unity between blockchain ecosystems.
- The token allocation excludes venture capital firms to focus on retail participants and community engagement.
- Midnight's framework enables developers to pay in native tokens and validators to earn cross-chain rewards, fostering a more interconnected decentralized ecosystem.
Read Full Article
19 Likes
TechBullion
2M
140
Image Credit: TechBullion
Former Coinbase Germany Chief Joins Universal Everything to Lead LUKSO’s Push into Mainstream Digital Identity Markets
- Former CEO of Coinbase Germany, Jan-Oliver Sell, joins Universal Everything as COO to lead LUKSO's expansion into mainstream digital identity markets.
- LUKSO, focusing on digital identity solutions, appoints Sell to help transition from technical readiness to real-world adoption.
- Sell's experience in compliance and market expansion from Coinbase is expected to aid LUKSO in targeting sectors like fashion, entertainment, digital commerce, and social media.
- LUKSO is preparing to launch a public mobile application and a zero-knowledge bridge to Ethereum to make its technology more accessible outside the crypto space.
Read Full Article
8 Likes
For uninterrupted reading, download the app