BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Blockstream Partners with Sevenlabs and Poseidon Group to Launch Decentralized Bitcoin Exchange
Cryptocurrency infrastructure service providers Blockstream, Sevenlabs, and Poseidon Group have partnered to launch XDEX, a decentralized exchange for bitcoin and securities assets, in Switzerland, according to Nasdaq.
Worldwide Blockchain Distributed Ledger Market to Hit $20.6B by 2027 - Report
The global blockchain distributed ledger market is expected to grow from $3.5 billion recorded in 2021 to $20.6 billion by 2027, according to a report by Research and Markets.
Malaysian Universities to Expand Women’s Blockchain Knowledge Base with Programmers Course
Women in Blockchain Asia (WIBA) has partnered with various Malaysian universities to propel the number of female blockchain developers and coders in Malaysia.
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman
Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, The Information reported.
5G Wireless Network Helium Proposes Migration to Solana Blockchain
Decentralized peer-to-peer (P2P) 5G wireless network Helium is proposing to migrate its own network, officially known as HIP 70, to Solana in search of more efficient operations.
Brazilian Crypto Firm 2TM Announces Second Round of 15% Layoffs
2TM - the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange - announced Thursday that it will lay off 15% of its workforce, or about 100 employees.
Social Media Giant Snap Lays off 20% of Staff, Terminates Web3 Team
Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.
Hacker Steals $265,000 in User Funds from KyberSwap
KyberSwap announced that $265,000 in user funds were stolen after a hacker exploited the multichain DEX aggregator's front end.
Indonesian Government to Launch Crypto Exchange Soon
The Indonesian government is reportedly set to launch its own digital currency trading platform before the end of the year, after overcoming several delays.
EU Approves Brazilian Crypto Asset Management Firm Hashdex to List ETP Products
Brazil-based global digital asset management company Hashdex announced on September 1 that it has been approved to list its exchange-traded product (ETP) in the European Union.