Blockchain

The decentralized lending platform Aave has received approval from its DAO to release its newest protocol version, Aave v3, on the Ethereum blockchain. The launch was given the green light through a successful vote by the Aave DAO. However, it will offer compatibility with seven different assets. Including wrapped bitcoin, wrapped ether, wrapped staked ether, USDC, DAI, link, […]

BMW, a German carmaker, plans to offer blockchain technology to Thai customers and companies. Where BNB Chain is “selected as the anchor chain” and will settle payments. Coinweb, a layer-2 cross-chain computation platform, has been linked as the source of BNW’s network environment. BMW Financial Services will use Coinweb’s support to build up and operate […]

Charles Hoskinson, a Cardano developer, recently criticized the “misinformation” that was common in Reddit conversations about Cardano’s computing layer (CL) and settlement layer (SL) (SL) in a recent tweet. Sidechains, per Charles Hoskinson, represent the realization of Cardano’s promised CL. His team considers releasing fake information in order to “start eating paint chips.” Talking a […]

Over the next three years, G-Rocket. a startup accelerator co-founded by Hong Kong Legislative Council member Jonny Ng Kit-Chong hopes to lure 1,000 Web3 companies to the city-state, as reported by South China Moring Post. As the city’s administration promises to reestablish Hong Kong’s standing as a hub for virtual assets, this is to establish their […]

After having a similar appeal denied two days prior, SBF, a former CEO of the now-bankrupt exchange FTX, submitted a new bail application on December 15, according to local media. BREAKING: FTX founder Sam Bankman-Fried has filed a new application for bail before the Supreme Court, Eyewitness News can confirm. The bail application is set […]

When the court had to confirm the NFTs’ legal characteristics, it stated that NFTs are “unique digital assets” that “belong to the category of virtual property. Non-fungible tokens (NFTs) can now receive protection under the laws of China, according to a court in Hangzhou. The decision came after an incident where a group of token […]

The Cardano (ADA) ecosystem’s weekly statistics, which Input Output Global recently reported, showed a number of intriguing improvements. It was impressive to see that the total number of transactions on the blockchain had surpassed 55.3 million, according to the tweet.  ICYMI: Our weekly #Cardano development update is live on #EssentialCardano! Check out what our dev team has […]

For Emurgo, a major blockchain technology firm, Cardano, a proof-of-stake blockchain platform, will shortly introduce USDA, a new stablecoin, in the first quarter of 2023. By the end of Q4, the buildup to the launch may have a favorable effect on Cardano’s growth. USDA is a part of Emurgo’s Anzens offering, a larger scheme that would provide […]

The Cardano (ADA)-based decentralized finance (DeFi) and stablecoin ecosystem Ardana unexpectedly stopped development on November 24th due to financing and schedule concerns.  Whereas due to this, ADA saw a volatile start to the day on November 24th, rising to an early high of $0.321 before dropping to a low of $0.312, with the token presently trading […]