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.
BNB Chain Celebrates Five Years of Web3 Innovation and Growth
BNB Chain marks its fifth anniversary with significant milestones in Web3 adoption, security advancements, and community expansion, setting the stage for future developments.
US Commerce Department Publishes GDP Data on Stellar (XLM) Blockchain
The US Department of Commerce has for the first time posted GDP data on the Stellar (XLM) blockchain, marking a significant step in government transparency and blockchain technology adoption.
Enhancing BSC Efficiency with Super-Instruction Integration
BNB Chain introduces super-instructions to improve smart contract execution on BSC, achieving faster performance and scalability without altering consensus or requiring code changes.
Tether Updates Transition Strategy for Legacy Blockchains
Tether announces revised plans for five legacy blockchains, ending direct issuance but allowing token transfers, reflecting strategic focus on ecosystems with strong developer activity.
Conflux (CFX) Network Successfully Completes v3.0.1 Hardfork Upgrade
Conflux (CFX) Network has successfully completed its v3.0.1 hardfork upgrade, ensuring network stability and enhancing performance. The latest version now operates smoothly.
Ethereum Ecosystem Support Program Pauses Grants to Refocus Strategy
The Ethereum Foundation's Ecosystem Support Program (ESP) pauses open grant applications to realign strategy and support strategic initiatives, according to a recent announcement.
HyperEVM Launches on Wormhole, Enhancing Blockchain Interoperability
HyperEVM, the EVM-compatible component of Hyperliquid, is now live on Wormhole, facilitating seamless asset transfers and enhancing blockchain interoperability.
APAC Law Enforcement Halts $47 Million in 'Pig Butchering' Scam Funds
In a significant crackdown, APAC authorities, with help from Chainalysis and major crypto firms, froze $47 million linked to 'pig butchering' scams.
Polygon (MATIC) Enhances Liquidity with Native USDT0 Integration
Polygon (MATIC) introduces native USDT0, enhancing liquidity and reducing transaction fees. The upgrade includes native XAUt0 for broader multichain compatibility, positioning Polygon as a key player in blockchain payments.
Solana (SOL) Bench: Evaluating LLMs' Competence in Crypto Transactions
Solana (SOL) introduces Solana Bench, a tool to assess the effectiveness of LLMs in executing complex crypto transactions on the Solana blockchain.